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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0080%/8hpaid last 24h −0.038%
Price spread now: Variational Omni against Reya+0.098%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)−0.123%−$12 on $10k
Price spread, last 3 days (all we have)−1.041%−$104 · spread now +0.098%, 7d avg +0.008%
Together, before fees−1.164%+ Points / potential airdropReya: Active · Variational Omni: Active · farm board−$116 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.090% dearer against Reya than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of +0.008%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP117.880.0180pay 0.0023% / 1h6m 18s$1.1M$534K25x
ShortVariational Omni SOL117.990.0100get 0.0100% / 8h4h 06m$28.0M$118.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$16.84
Price spread: +0.098% → +0.008%
$9.01
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$13.83
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago1.23 bpdoesn't fit1.7 bp −$176.9 bp −$691doesn'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
Injective SOL/USDC PERP−0.0627%1h118.30+0.357%$4K$41K12xas long as short
dYdX SOL-USD−0.0127%1h117.94+0.052%$4.7M$25.3M20xas long as short
Vest SOL-PERP−0.0106%1h117.86−0.014%$731K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.95+0.058%$836$8K25xas long as short
Derive SOL-PERP−0.0041%1h117.83−0.037%$1.9M$3.0M13xas long as short
Aftermath Perps SOLUSD−0.0009%1h118.06+0.151%$24K$45K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.93+0.044%$57K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.07+0.165%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m117.91+0.027%$166K$4.0M8.3xas long as short
HTX SOL-USDT+0.0036%8h117.84−0.030%$229.8M$41.9M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOL-USDT+0.0052%8h117.89+0.008%$363.7Mas long as short
Orderly PERP_SOL_USDC+0.0052%8h117.93+0.044%$1.1M$5.6M100xas long as short
KuCoin SOLUSDTM+0.0053%8h117.90+0.020%$140.8M$172.6M75xas long as short
Kraken Futures PF_SOLUSD+0.0061%1h117.92+0.036%$34.1M$84.4M100xas long as short
ApeX Omni SOLUSDT+0.0064%1h118.04+0.137%$1.5M$6.3M50xas long as short
Bitget SOLUSDT+0.0065%8h117.90+0.016%$494.4M$436.8M100xas long as short
Gate SOL_USDT+0.0077%8h117.88+0.001%$855.8M$666.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h117.95+0.061%$114K$133K20xas long as short
OKX SOL-USDT-SWAP+0.0086%8h117.90+0.018%$366.3M$1.66B100xas long as short
Lighter SOL+0.0096%1h117.90+0.015%$13.3M$50.1M25xas long as short
Lighter RH SOL+0.0096%1h117.90+0.017%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h117.90+0.016%$350K$748K20xas long as short
Paradex SOL-USD-PERP+0.0097%8h117.87−0.010%$1.0M$437K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.98+0.086%$42K$735K20xas long as short
Nado SOL-PERP+0.0100%1h117.87−0.005%$5.5M$39.6M40xas long as short
Hyperliquid SOL+0.0100%1h118.00+0.103%$710.3M$424.7M20xas long as short
Aster SOLUSDT+0.0100%8h117.88+0.001%$178.0M$169.5M100xas long as short
Pacifica SOL+0.0100%1h117.94+0.054%$13.3M$106.7M20xas long as short
Binance SOLUSDT+0.0100%8h117.89+0.010%$965.2M$3.64B100xas long as short
Bybit SOLUSDT+0.0100%8h117.89+0.013%$813.9M$1.23B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.88+0.001%$233K$854K10xas long as short
Arcus SOL-USD+0.0100%1h117.93+0.044%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.05+0.145%$131.0M$16.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.87−0.007%$481.8M$1.06B300xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.97+0.077%$24.1M$37.3M50xas long as short
Variational Omni SOLshort+0.0100%8h117.99+0.098%$28.0M$118.5M
edgeX SOLUSDC+0.0100%4h118.05+0.147%$94.8M$384.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.04+0.139%$48.3M$32.6M20xas long as short
StandX SOL-USD+0.0100%1h118.00+0.103%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.91+0.027%$358K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h117.89+0.006%$199K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.92+0.035%$37K$14K25xas long as short
SunX SOL-USDT+0.0100%8h117.89+0.012%$191K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h117.88+0.001%$6.2M$10.9M20xas long as short
Phemex SOLUSDT+0.0100%8h117.93+0.044%$45.9M$95.9M50xas long as short
Extended SOL-USD+0.0104%1h117.89+0.012%$8.6M$37.1M50xas long as short
Coinbase International SOL-PERP-INTX+0.0104%1h117.95+0.059%$7.8M$398.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0048%1h117.92+0.035%$206.8M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0124%1h117.99+0.095%$26.5M$27.1M50xas long as short
Hibachi SOL/USDT-P+0.0144%1h118.04+0.139%$121K$562K20xas long as short
Phoenix SOL+0.0149%1h118.13+0.213%$7.3M$11.4M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0172% / S −0.0074%1h117.93+0.042%$3.7M200xas long as short
Reya SOLRUSDPERPlong+0.0180%1h117.88long leg$1.1M$534K25x
RISEx SOL/USDC+0.0185%1h117.96+0.068%$1.6M$6.5M20xas long as short
BloFin SOL-USDT+0.0220%8h117.95+0.061%$51.7M$90.2M125xas long as short