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−0.0087%/8h= −9.5% APRpaid last 24h −0.031%
Price spread now: KuCoin against Reya+0.044%7-day average +0.008% · you sell dearer than you buy
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)−0.124%−$12 on $10k
Price spread, last 3 days (all we have)−0.290%−$29 · spread now +0.044%, 7d avg +0.008%
Together, before fees−0.414%+ Points / potential airdropReya: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.036% dearer against Reya than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.008%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP118.400.0187pay 0.0023% / 1h2m 25s$1.1M$524K25x
ShortKuCoin SOLUSDTM118.450.0100get 0.0100% / 8h7h 02m$138.0M$203.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Reya. 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
−$18.25
Price spread: +0.044% → +0.008%
$3.56
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$32.69
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 2 min ago. 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 Reya no order-book sample
Sell KuCoin live order book, 2 min ago0.04 bp8.6 bp −$911.0 bp −$11015.5 bp −$1,545doesn'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 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%1h118.41+0.013%$926$8K25xas long as short
Vest SOL-PERP−0.0079%1h118.43+0.029%$608K20xas long as short
HTX SOL-USDT−0.0068%8h118.12−0.237%$229.7M$44.0M75xas long as short
Derive SOL-PERP−0.0063%1h118.29−0.086%$2.0M$2.7M13xas long as short
Hibachi SOL/USDT-P−0.0056%1h119.13+0.622%$106K$673K20xas long as short
dYdX SOL-USD−0.0016%1h118.44+0.036%$4.8M$25.5M20xas long as short
Gate SOL_USDT−0.0015%8h118.39−0.006%$850.0M$675.2M100xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.17−0.188%$31.9M$97.3M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.42+0.019%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.91+0.432%$1.2M$20.0M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m118.47+0.057%$124K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h118.26−0.116%$26.6M$24.9M50xas long as short
01 Exchange SOLUSD+0.0040%1h118.47+0.062%$103K$161K20xas long as short
ApeX Omni SOLUSDT+0.0079%1h119.02+0.527%$1.5M$6.1M50xas long as short
BingX SOL-USDC+0.0080%8h118.37−0.026%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h118.38−0.011%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.24−0.131%$8.1M$407.3M50xas long as short
Lighter SOL+0.0096%1h118.47+0.066%$13.3M$57.9M25xas long as short
Lighter RH SOL+0.0096%1h118.47+0.062%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h118.36−0.035%$347K$254K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.39−0.010%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.44+0.036%$44K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.41+0.011%$5.8M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h118.52+0.104%$725.5M$395.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.34−0.048%$179.0M$177.6M100xas long as short
Pacifica SOL+0.0100%1h118.48+0.074%$12.2M$125.6M20xas long as short
Binance SOLUSDT+0.0100%8h118.37−0.023%$975.5M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.38−0.016%$824.7M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.35−0.040%$370.5M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.38−0.014%$233K$824K10xas long as short
Arcus SOL-USD+0.0100%1h118.41+0.009%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.40+0.002%$428.0M$1.14B300xas long as short
KuCoin SOLUSDTMshort+0.0100%8h118.45+0.044%$138.0M$203.9M75x
Bitget SOLUSDT+0.0100%8h118.14−0.221%$489.5M$439.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.47+0.062%$23.9M$36.6M50xas long as short
Variational Omni SOL+0.0100%8h119.00+0.512%$24.9M$130.0Mas long as short
edgeX SOLUSDC+0.0100%4h119.17+0.655%$95.7M$401.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.04+0.541%$48.7M$29.5M20xas long as short
StandX SOL-USD+0.0100%1h118.73+0.281%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.41+0.011%$353K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.41+0.008%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.38−0.015%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.34−0.047%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.17−0.192%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.30−0.082%$46.3M$99.6M50xas long as short
Bulk SOL-USD+0.0100%1h119.24+0.708%$137.6M$12.7M20xas long as short
Extended SOL-USD+0.0104%1h118.16−0.198%$8.5M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.25+0.720%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.51+0.099%$225.2M500xas long as short
RISEx SOL/USDC+0.0161%1h118.38−0.011%$1.8M$4.5M20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.50+0.932%$4K$2K12xas long as short
Reya SOLRUSDPERPlong+0.0187%1h118.40long leg$1.1M$524K25x
BloFin SOL-USDT+0.0220%8h118.42+0.019%$51.9M$73.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h118.42+0.017%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0243%1h118.99+0.500%$25K$51K20xas long as short