Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.149%
Price spread now: Injective against Reya−0.970%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.970% cheaper against Reya than usual: you would sell low and buy high (−$97 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SOLRUSDPERP | 117.48 | 0.0198 | pay 0.0025% / 1h | 59m 56s | $1.1M | $541K | 25x |
| Short | Injective SOL/USDC PERP | 116.34 | 0.0179 | get 0.0022% / 1h | 59m 56s | $4K | $124 | 12x |
Reya SOLRUSDPERP
Injective SOL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$3.82
- Price spread: −0.970% → 0.000%
- −$96.97
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$106.8
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Reya no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Reya and Injective: 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 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.53 | +0.042% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 117.57 | +0.076% | $32.5M | $98.9M | 100x | as long as short |
| Bybit SOLUSDT | −0.0051% | 8h | 117.44 | −0.033% | $736.2M | $1.31B | 100x | as long as short |
| Phemex SOLUSDT | −0.0010% | 8h | 117.53 | +0.043% | $45.7M | $101.6M | 50x | as long as short |
| Vest SOL-PERP | −0.0008% | 1h | 117.52 | +0.038% | — | $288K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.56 | +0.066% | $40K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.51 | +0.029% | $1.3M | $17.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.57 | +0.081% | $100K | $2.9M | 8.3x | as long as short |
| Bitget SOLUSDT | +0.0025% | 8h | 117.47 | −0.007% | $484.2M | $427.7M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 117.57 | +0.075% | $8.2M | $386.2M | 50x | as long as short |
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
Phemex SOLUSDT
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Bitget SOLUSDT
Coinbase International SOL-PERP-INTXShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SOLUSDT | +0.0051% | 8h | 117.47 | −0.010% | $178.6M | $164.4M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0063% | 8h | 117.53 | +0.048% | $999K | $5.5M | 100x | as long as short |
| dYdX SOL-USD | +0.0072% | 1h | 117.52 | +0.033% | $8.2M | $20.7M | 20x | as long as short |
| SoDEX SOL-USD | +0.0078% | 1h | 117.53 | +0.043% | $6.2M | $11.1M | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0080% | 1h | 117.57 | +0.076% | $98K | $653K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.53 | +0.045% | $13.1M | $57.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.53 | +0.042% | $2.2M | $15.0M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.58 | +0.086% | $102K | $182K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.53 | +0.044% | $358K | $236K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 117.49 | +0.009% | $1.0M | $555K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.54 | +0.052% | $44K | $838K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.45 | −0.023% | $5.5M | $40.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.65 | +0.146% | $715.3M | $386.6M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.56 | +0.065% | $15.9M | $122.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.47 | −0.011% | $971.5M | $3.62B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.44 | −0.033% | $365.0M | $1.66B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.49 | +0.009% | $221K | $809K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.55 | +0.059% | $938K | $8.2M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.48 | +0.001% | $856.5M | $635.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.48 | +0.001% | $422.1M | $1.09B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.50 | +0.020% | $134.1M | $232.2M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 117.43 | −0.043% | — | $10.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.52 | +0.035% | $23.2M | $36.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.40 | −0.065% | $25.3M | $101.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.80 | +0.269% | $94.6M | $409.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.73 | +0.212% | $48.2M | $26.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.75 | +0.231% | $1.1M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.59 | +0.094% | $1.3M | $10.8M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.52 | +0.035% | $323K | $2.7M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.56 | +0.068% | $285K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.52 | +0.032% | $27K | $34K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.53 | +0.041% | $191K | $1.6M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 117.51 | +0.024% | $227.4M | $46.5M | 75x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.65 | +0.143% | $127.3M | $25.1M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.44 | −0.032% | $8.4M | $34.4M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 117.54 | +0.054% | — | $214.7M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 117.64 | +0.137% | $6.5M | $13.4M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0136% | 1h | 117.61 | +0.113% | $26.5M | $20.1M | 50x | as long as short |
| Injective SOL/USDC PERPshort | +0.0179% | 1h | 116.34 | −0.970% | $4K | $124 | 12x | |
| Reya SOLRUSDPERPlong | +0.0198% | 1h | 117.48 | long leg | $1.1M | $541K | 25x | |
| BloFin SOL-USDT | +0.0220% | 8h | 117.46 | −0.016% | $51.9M | $59.8M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0170% | 1h | 117.55 | +0.057% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0409% | 1h | 117.60 | +0.107% | $25K | $53K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 117.58 | +0.085% | $2.2M | $4.8M | 20x | as long as short |
Aster SOLUSDT
Orderly PERP_SOL_USDC
dYdX SOL-USD
SoDEX SOL-USD
Hibachi SOL/USDT-P
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
HTX SOL-USDT
Bulk SOL-USD
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC