Funding you earn now, next payment 23:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h −0.036%
Price spread now: Paradex against Reya−0.039%47s7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.133%−$13 on $10k
+Price spread, last 3 days (all we have)−0.293%−$29 · spread now −0.039%, 7d avg +0.004%
=Together, before fees−0.426%+ Points / potential airdropReya: Active · Paradex: Active · farm board−$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.043% cheaper against Reya than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 47 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 | 119.09 | 0.0181 | pay 0.0023% / 1h | 49m 34s | $1.1M | $558K | 25x |
| Short | Paradex SOL-USD-PERP | 119.04 | 0.0099 | get 0.0099% / 8h | 1h 49m | $1.0M | $523K | 50x |
Reya SOLRUSDPERP
Paradex SOL-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$17.04
- Price spread: −0.039% → +0.004%
- −$4.27
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$31.3
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Paradex: live order book, 5 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 Paradex live order book, 5 min ago | 1.67 bp | 3.7 bp −$4 | 9.8 bp −$98 | doesn't fit | 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 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERP | −0.0094% | 1h | 119.01 | −0.068% | $2.0M | $3.1M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.10 | +0.006% | $844 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0063% | 1h | 119.07 | −0.018% | — | $724K | 20x | as long as short |
| dYdX SOL-USD | −0.0003% | 1h | 119.15 | +0.050% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.09 | 0.000% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.15 | +0.047% | $1.2M | $20.6M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.11 | +0.013% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0008% | 1h | 119.16 | +0.063% | $120K | $618K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.37 | +0.235% | $6.6M | $13.6M | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0055% | 1h | 119.26 | +0.143% | $24K | $47K | 20x | as long as short |
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Hibachi SOL/USDT-P
Phoenix SOL
Aftermath Perps SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0065% | 8h | 119.11 | +0.013% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0068% | 8h | 119.12 | +0.027% | $232.0M | $44.5M | 75x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.06 | −0.021% | — | $10.5M | — | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.09 | −0.002% | $13.6M | $55.0M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.07 | −0.015% | $2.1M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 119.15 | +0.050% | $104K | $153K | 20x | as long as short |
| Gate SOL_USDT | +0.0096% | 8h | 119.06 | −0.025% | $866.6M | $676.5M | 100x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.08 | −0.006% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERPshort | +0.0099% | 8h | 119.04 | −0.039% | $1.0M | $523K | 50x | |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.12 | +0.025% | $46K | $789K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.11 | +0.019% | $6.3M | $41.8M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.18 | +0.076% | $718.9M | $414.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.08 | −0.008% | $178.5M | $176.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.13 | +0.031% | $12.4M | $116.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.09 | 0.000% | $981.0M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.11 | +0.017% | $822.3M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.08 | −0.008% | $371.3M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.10 | +0.008% | $234K | $875K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.16 | +0.060% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.15 | +0.052% | $133.6M | $9.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.10 | +0.008% | $437.1M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.09 | −0.003% | $140.5M | $199.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.10 | +0.006% | $495.1M | $454.0M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.10 | +0.008% | $24.1M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.16 | +0.063% | $27.4M | $127.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.18 | +0.073% | $95.7M | $398.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.47 | +0.321% | $48.9M | $32.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.31 | +0.187% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.17 | +0.067% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.09 | 0.000% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.09 | −0.002% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.10 | +0.006% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.13 | +0.031% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.08 | −0.008% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.11 | +0.017% | $46.5M | $102.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.08 | −0.011% | $8.7M | $36.5M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.12 | +0.028% | $8.2M | $414.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.12 | +0.023% | — | $222.1M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0134% | 1h | 119.16 | +0.062% | $26.7M | $27.6M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.10 | +0.005% | $32.7M | $94.8M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0089% | 1h | 119.10 | +0.010% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERPlong | +0.0181% | 1h | 119.09 | long leg | $1.1M | $558K | 25x | |
| RISEx SOL/USDC | +0.0192% | 1h | 119.16 | +0.058% | $1.6M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.41 | +0.269% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.05 | −0.034% | $52.0M | $86.9M | 125x | as long as short |
Orderly PERP_SOL_USDC
HTX SOL-USDT
BingX SOL-USDC
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Gate SOL_USDT
Aevo SOL-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT