Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.032%
Price spread now: Reya against Pacifica−0.140%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.127%+$13 on $10k
Price spread, last 3 days (all we have)+0.439%+$44 · spread now −0.140%, 7d avg −0.026%
Together, before fees+0.566%+ Points / potential airdropPacifica: Active · Reya: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.115% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.026%). If the spread goes back, that is −$11 on $10k: about 4.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL118.870.0100pay 0.0013% / 1h56m 20s$12.2M$122.9M20x
ShortReya SOLRUSDPERP118.700.0185get 0.0023% / 1h56m 20s$1.1M$531K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$17.82
Price spread: −0.140% → −0.026%
−$11.47
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
−$7.65
Costs to cover
0.140%
Break-even
10.0 days
Slippage unknown: Pacifica: live order book, 3 min ago; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 3 min ago0.42 bp4.8 bp −$55.5 bp −$55doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h118.86−0.004%$843$8K25xas long as short
Vest SOL-PERP−0.0079%1h118.71−0.129%$723K20xas long as short
Derive SOL-PERP−0.0062%1h118.69−0.147%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0031%1h118.87+0.003%$4.9M$28.0M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.82−0.040%$32.6M$97.0M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.75−0.098%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.90+0.032%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.73−0.117%$175K$3.9M8.3xas long as short
ApeX Omni SOLUSDT+0.0029%1h118.78−0.072%$1.5M$6.1M50xas long as short
Gate SOL_USDT+0.0037%8h118.73−0.115%$860.6M$657.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h118.77−0.081%$103K$159K20xas long as short
Orderly PERP_SOL_USDC+0.0078%8h118.78−0.075%$1.0M$5.9M100xas long as short
BingX SOL-USDT+0.0080%8h118.74−0.107%$370.0Mas long as short
Hibachi SOL/USDT-P+0.0080%1h118.87+0.002%$121K$642K20xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.82−0.039%$8.1M$416.2M50xas long as short
Lighter SOL+0.0096%1h118.78−0.073%$13.4M$54.6M25xas long as short
Lighter RH SOL+0.0096%1h118.79−0.064%$2.1M$16.5M25xas long as short
Aevo SOL-PERP+0.0096%1h118.78−0.073%$352K$570K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.79−0.063%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.81−0.048%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.74−0.109%$5.8M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h118.89+0.020%$719.9M$408.6M20xas long as short
Aster SOLUSDT+0.0100%8h118.78−0.070%$178.4M$177.3M100xas long as short
Pacifica SOLlong+0.0100%1h118.87long leg$12.2M$122.9M20x
Binance SOLUSDT+0.0100%8h118.81−0.048%$979.1M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.83−0.030%$823.6M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.80−0.056%$370.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.70−0.140%$231K$877K10xas long as short
Arcus SOL-USD+0.0100%1h118.83−0.027%$1.9M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h118.81−0.044%$133.9M$4.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.73−0.115%$429.1M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.73−0.112%$138.0M$207.3M75xas long as short
Bitget SOLUSDT+0.0100%8h118.75−0.096%$492.7M$457.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.88+0.011%$24.2M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h118.86−0.006%$27.1M$128.7Mas long as short
edgeX SOLUSDC+0.0100%4h118.86−0.008%$95.5M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.90+0.028%$48.7M$30.5M20xas long as short
StandX SOL-USD+0.0100%1h118.86−0.006%$1.4M$13.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.74−0.107%$355K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h118.72−0.122%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.77−0.078%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.79−0.066%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.79−0.064%$6.2M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h118.71−0.135%$231.0M$45.0M75xas long as short
Phemex SOLUSDT+0.0100%8h118.80−0.056%$46.5M$102.4M50xas long as short
Phoenix SOL+0.0100%1h118.85−0.014%$6.6M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.75−0.100%$8.7M$36.0M50xas long as short
Aftermath Perps SOLUSD+0.0119%1h118.80−0.052%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.88+0.013%$224.9M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0127%1h118.83−0.034%$26.6M$25.3M50xas long as short
RISEx SOL/USDC+0.0161%1h118.79−0.060%$1.8M$4.8M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0166% / S −0.0084%1h118.73−0.112%$3.5M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.174%$4K$2K12xas long as short
Reya SOLRUSDPERPshort+0.0185%1h118.70−0.140%$1.1M$531K25x
BloFin SOL-USDT+0.0220%8h118.84−0.022%$51.8M$80.2M125xas long as short