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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0228%/8h= −25.0% APRnext payment $0.29 per $10,000 · paid last 24h −0.072%
Price spread now: Vest against Reya−0.004%7-day average +0.026% · you buy dearer than you sell
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 4 days (all we have)−0.244%−$24 on $10k
Price spread, last 7 days+0.036%+$4 · spread now −0.004%, 7d avg +0.026%
Together, before fees−0.209%+ Points / potential airdropReya: Active · Vest: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Vest is 0.030% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP116.220.0196pay 0.0024% / 1h11m 40s$1.1M$545K25x
ShortVest SOL-PERP116.21−0.0033pay 0.0004% / 1h11m 40s$649K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$47.98
Price spread: −0.004% → +0.026%
−$2.99
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$58.97
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Vest no order-book sample
Reya and Vest: 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
Kraken Futures PF_SOLUSD−0.0153%1h116.25+0.030%$32.3M$106.7M100xas long as short
Bybit SOLUSDT−0.0096%8h116.20−0.016%$733.3M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.34+0.104%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0056%1h116.21−0.007%$101K$676K20xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.122%$4K$2K12xas long as short
Vest SOL-PERPshort−0.0033%1h116.21−0.004%$649K20x
Derive SOL-PERP−0.0008%1h116.16−0.047%$1.8M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.25+0.023%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.25+0.025%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.19−0.021%$99K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0005%1h116.23+0.013%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0023%8h116.20−0.012%$479.4M$456.0M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.25+0.024%$7.8M$397.9M50xas long as short
Aster SOLUSDT+0.0053%8h116.21−0.004%$177.0M$168.8M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0067%1h116.27+0.046%$26.3M$21.7M50xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.24+0.019%$1.0M$6.1M100xas long as short
01 Exchange SOLUSD+0.0080%1h116.26+0.036%$100K$182K20xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.21−0.009%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.21−0.008%$13.1M$60.9M25xas long as short
Lighter RH SOL+0.0096%1h116.19−0.025%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.22−0.001%$350K$256K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.18−0.033%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.19−0.026%$5.3M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h116.29+0.062%$695.7M$408.8M20xas long as short
Pacifica SOL+0.0100%1h116.25+0.026%$15.7M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.22+0.001%$961.1M$3.86B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.21−0.007%$366.0M$1.76B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.13−0.076%$216K$856K10xas long as short
Arcus SOL-USD+0.0100%1h116.24+0.016%$921K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.21−0.009%$125.5M$25.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.21−0.007%$844.1M$669.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.21−0.007%$372.6M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.21−0.009%$129.3M$236.2M75xas long as short
BingX SOL-USDC+0.0100%8h116.17−0.040%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.23+0.010%$22.8M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.09−0.113%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.11−0.094%$93.2M$406.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.20−0.018%$47.5M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.22−0.002%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.17−0.042%$1.3M$11.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.24+0.019%$316K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.25+0.026%$281K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.21−0.006%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.24+0.015%$189K$1.7M30xas long as short
SoDEX SOL-USD+0.0100%1h116.22+0.001%$6.1M$11.0M20xas long as short
HTX SOL-USDT+0.0100%8h116.20−0.014%$225.0M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.22+0.001%$45.2M$104.2M50xas long as short
Extended SOL-USD+0.0104%1h116.18−0.030%$8.2M$36.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.20−0.020%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.21−0.007%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERPlong+0.0196%1h116.22long leg$1.1M$545K25x
BloFin SOL-USDT+0.0220%8h116.21−0.007%$52.0M$65.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.25+0.024%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0445%1h116.21−0.008%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.30+0.066%$2.1M$4.8M20xas long as short