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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0094%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Reya against SoDEX−0.073%50s7-day average −0.011% · 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 3 days (all we have)+0.138%+$14 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.073%, 7d avg −0.011%
Together, before fees+0.297%+ Points / potential airdropReya: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.062% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.011%). If the spread goes back, that is −$6 on $10k: about 2.2 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD116.960.0100pay 0.0013% / 1h1m 35s$6.1M$10.9M20x
ShortReya SOLRUSDPERP116.870.0194get 0.0024% / 1h1m 35s$1.1M$544K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against SoDEX. 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
$19.64
Price spread: −0.073% → −0.011%
−$6.22
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
−$0.58
Costs to cover
0.140%
Break-even
7.2 days
Slippage unknown: SoDEX: live order book, 3 min ago; Reya: 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 SoDEX live order book, 3 min ago0.43 bp4.4 bp −$44.6 bp −$4619.5 bp −$1,953doesn't fit
Sell Reya no order-book sample
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
Kraken Futures PF_SOLUSD−0.0239%1h116.99+0.026%$33.0M$104.1M100xas long as short
Bybit SOLUSDT−0.0105%8h116.88−0.068%$741.6M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h117.11+0.128%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0080%1h117.02+0.051%$102K$689K20xas long as short
Vest SOL-PERP−0.0032%1h116.91−0.041%$625K20xas long as short
Derive SOL-PERP−0.0010%1h116.91−0.046%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.98+0.020%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.09+0.113%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.99+0.028%$110K$3.7M8.3xas long as short
dYdX SOL-USD+0.0008%1h116.960.000%$4.3M$23.8M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h116.95−0.009%$101K$179K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h117.01+0.040%$7.9M$407.8M50xas long as short
Bitget SOLUSDT+0.0059%8h116.89−0.056%$481.8M$462.2M100xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.97+0.013%$1.0M$6.0M100xas long as short
Lighter SOL+0.0096%1h116.92−0.038%$13.1M$61.8M25xas long as short
Lighter RH SOL+0.0096%1h116.90−0.050%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h116.97+0.009%$352K$247K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h116.91−0.047%$1.0M$551K50xas long as short
Katana Perps SOL-USD+0.0099%8h116.89−0.060%$62K$911K20xas long as short
Nado SOL-PERP+0.0100%1h116.90−0.050%$5.5M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h117.03+0.060%$701.3M$408.4M20xas long as short
Aster SOLUSDT+0.0100%8h116.90−0.052%$176.2M$176.9M100xas long as short
Pacifica SOL+0.0100%1h116.96+0.001%$15.8M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.91−0.043%$971.1M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.92−0.034%$371.9M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.99+0.026%$219K$883K10xas long as short
Arcus SOL-USD+0.0100%1h116.93−0.024%$908K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h117.05+0.076%$126.2M$23.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.92−0.034%$846.2M$677.5M100xas long as short
MEXC SOL_USDT+0.0100%8h116.90−0.051%$365.0M$1.09B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.92−0.038%$128.9M$231.5M75xas long as short
BingX SOL-USDT+0.0100%8h116.90−0.050%$372.1Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.97+0.009%$23.1M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h117.05+0.081%$24.8M$113.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.98+0.017%$93.9M$411.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.04+0.069%$47.9M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.13+0.142%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h117.04+0.068%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.90−0.051%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.98+0.020%$236K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.99+0.027%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.96−0.003%$190K$1.8M30xas long as short
SoDEX SOL-USDlong+0.0100%1h116.96long leg$6.1M$10.9M20x
HTX SOL-USDT+0.0100%8h116.96+0.003%$226.5M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.960.000%$45.5M$105.4M50xas long as short
Extended SOL-USD+0.0104%1h116.86−0.088%$8.1M$39.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h117.07+0.094%$238.4M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0171%1h117.05+0.075%$26.5M$22.1M50xas long as short
Injective SOL/USDC PERP+0.0173%1h117.09+0.111%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h117.18+0.188%$6.6M$13.7M25xas long as short
Reya SOLRUSDPERPshort+0.0194%1h116.87−0.073%$1.1M$544K25x
BloFin SOL-USDT+0.0220%8h117.04+0.068%$52.1M$68.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.98+0.019%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0492%1h117.04+0.066%$25K$56K20xas long as short
RISEx SOL/USDC+0.0547%1h117.00+0.032%$2.1M$4.9M20xas long as short