Funding you earn now, next payment 10:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.12 per $10,000 · paid last 24h −0.026%
Price spread now: Arcus against Reya+0.103%110s7-day average +0.050% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.137%−$14 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.103%, 7d avg +0.050%
=Together, before fees−0.167%+ Points / potential airdropReya: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.053% dearer against Reya than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.050%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 43 hours. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SOLRUSDPERP | 117.08 | 0.0199 | pay 0.0025% / 1h | 18m 33s | $1.1M | $93K | 25x |
| Short | Arcus SOL-USD | 117.20 | 0.0100 | get 0.0013% / 1h | 18m 33s | $901K | $7.8M | 20x |
Reya SOLRUSDPERP
Arcus SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.72
- Price spread: +0.103% → +0.050%
- $5.31
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$25.91
- Costs to cover
- 0.105%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Arcus: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Reya no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 3 min ago | 0.04 bp | 2.3 bp −$2 | 2.9 bp −$29 | 6.6 bp −$664 | doesn't fit |
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 54 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0773% | 1h | 117.05 | −0.023% | $27K | $35K | 25x | as long as short |
| Hibachi SOL/USDT-P | −0.0176% | 1h | 117.12 | +0.033% | $99K | $649K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.07 | −0.006% | $1K | $8K | 25x | as long as short |
| Bybit SOLUSDT | −0.0044% | 8h | 117.08 | +0.002% | $733.9M | $1.26B | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.05 | −0.026% | $39K | — | 150x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.08 | +0.005% | $100K | $2.9M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 117.10 | +0.019% | $26.3M | $18.7M | 50x | as long as short |
| Vest SOL-PERP | 0.0000% | 1h | 117.06 | −0.013% | — | $284K | 20x | as long as short |
| Bitget SOLUSDT | +0.0027% | 8h | 117.14 | +0.058% | $483.0M | $408.5M | 100x | as long as short |
| Injective SOL/USDC PERP | +0.0033% | 1h | 116.85 | −0.194% | $4K | $122 | 12x | as long as short |
Bluefin SOL-PERP
Hibachi SOL/USDT-P
Hotstuff SOL-PERP
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
Perpl SOL
Deribit SOL_USDC-PERPETUAL
Vest SOL-PERP
Bitget SOLUSDT
Injective SOL/USDC PERPShow all 54 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 117.08 | 0.000% | $8.4M | $374.8M | 50x | as long as short |
| Aster SOLUSDT | +0.0044% | 8h | 117.08 | −0.001% | $177.6M | $158.4M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0056% | 8h | 117.03 | −0.037% | $1.0M | $5.3M | 100x | as long as short |
| SoDEX SOL-USD | +0.0067% | 1h | 117.04 | −0.032% | $6.2M | $11.1M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 117.20 | +0.105% | $101K | $181K | 20x | as long as short |
| Gate SOL_USDT | +0.0077% | 8h | 117.11 | +0.028% | $850.9M | $600.0M | 100x | as long as short |
| MEXC SOL_USDT | +0.0092% | 8h | 117.12 | +0.036% | $431.1M | $993.4M | 300x | as long as short |
| Binance SOLUSDT | +0.0093% | 8h | 117.08 | +0.004% | $966.9M | $3.49B | 100x | as long as short |
| ApeX Omni SOLUSDT | +0.0095% | 1h | 117.18 | +0.087% | $1.1M | $6.7M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.10 | +0.020% | $13.2M | $55.4M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.08 | +0.002% | $2.2M | $13.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.99 | −0.071% | $349K | $257K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 117.10 | +0.021% | $1.0M | $557K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.15 | +0.062% | $45K | $864K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.07 | −0.004% | $5.6M | $39.4M | 40x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.13 | +0.046% | $15.9M | $116.6M | 20x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.13 | +0.045% | $360.7M | $1.58B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.18 | +0.087% | $222K | $775K | 10x | as long as short |
| Arcus SOL-USDshort | +0.0100% | 1h | 117.20 | +0.103% | $901K | $7.8M | 20x | |
| Bulk SOL-USD | +0.0100% | 1h | 117.25 | +0.150% | $127.0M | $16.9M | 20x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.10 | +0.021% | $134.0M | $229.5M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 117.14 | +0.049% | — | $339.2M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.06 | −0.015% | $23.2M | $35.4M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.07 | −0.006% | $25.1M | $100.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.16 | +0.072% | $94.1M | $383.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.14 | +0.056% | $47.9M | $25.4M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.14 | +0.053% | $1.3M | $10.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.04 | −0.032% | $323K | $2.7M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.06 | −0.011% | $285K | $1.6M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.05 | −0.027% | $190K | $1.5M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 117.10 | +0.017% | $226.5M | $41.6M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.06 | −0.015% | $45.4M | $101.4M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0101% | 8h | 117.11 | +0.024% | $1.3M | $16.3M | 3.1x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.10 | +0.019% | $8.5M | $33.4M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.09 | +0.014% | — | $213.5M | 500x | as long as short |
| dYdX SOL-USD | +0.0126% | 1h | 117.12 | +0.033% | $9.3M | $18.3M | 20x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.26 | +0.156% | $6.6M | $12.8M | 25x | as long as short |
| Hyperliquid SOL | +0.0161% | 1h | 117.22 | +0.122% | $718.6M | $375.0M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0185% | 1h | 117.08 | −0.001% | $32.5M | $93.6M | 100x | as long as short |
| Reya SOLRUSDPERPlong | +0.0199% | 1h | 117.08 | long leg | $1.1M | $93K | 25x | |
| BloFin SOL-USDT | +0.0213% | 8h | 117.04 | −0.032% | $51.6M | $57.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0170% | 1h | 117.06 | −0.015% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0273% | 1h | 117.22 | +0.121% | $2.2M | $4.5M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0403% | 1h | 117.13 | +0.047% | $25K | $54K | 20x | as long as short |
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
Orderly PERP_SOL_USDC
SoDEX SOL-USD
01 Exchange SOLUSD
Gate SOL_USDT
MEXC SOL_USDT
Binance SOLUSDT
ApeX Omni SOLUSDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Pacifica SOL
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Bulk SOL-USD
KuCoin SOLUSDTM
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
Kalshi KXSOLPERP
Extended SOL-USD
Jupiter Perps SOL-PERP
dYdX SOL-USD
Phoenix SOL
Hyperliquid SOL
Kraken Futures PF_SOLUSD
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD