Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: HTX against ApeX Omni−0.234%76s7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs+$3as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.248% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.279%+$28 on $10k

Price spread, last 4 days (all we have)+0.303%+$30 · spread now −0.234%, 7d avg +0.003%

Together, before fees+0.582%+$58 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.237% cheaper against ApeX Omni than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 76 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	ApeX Omni SOLUSDT	116.64	0.0100	pay 0.0013% / 1h	35m 54s	$1.2M	$6.8M	50x
Short	HTX SOL-USDT	116.37	0.0100	get 0.0100% / 8h	1h 35m	$225.3M	$50.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee HTXbpOrdersPrice spread, now −0.234%Rate

Funding earned: $0
Price spread: −0.234% → +0.003%: −$23.72
Slippage, 4 orders: −$2.8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$48.52
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 3 min ago; HTX: live order book, 3 min ago.

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 ApeX Omni live order book, 3 min ago	0.86 bp	6.1 bp −$6	8.5 bp −$85	66.2 bp −$6,621	doesn't fit
Sell HTX live order book, 3 min ago	0.00 bp	6.0 bp −$6	8.5 bp −$85	21.5 bp −$2,148	45.9 bp −$22.9K

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
Hibachi SOL/USDT-P	−0.0136%	1h	116.50	−0.120%	$96K	$686K	20x	as long as short
Bybit SOLUSDT	−0.0116%	8h	116.36	−0.236%	$740.0M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.46	−0.151%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.41	−0.200%	$33.0M	$105.3M	100x	as long as short
Derive SOL-PERP	−0.0053%	1h	116.33	−0.268%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0018%	1h	116.37	−0.230%	—	$628K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.40	−0.204%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.44	−0.174%	$1.5M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.42	−0.187%	$110K	$3.6M	8.3x	as long as short
dYdX SOL-USD	+0.0016%	1h	116.41	−0.197%	$4.3M	$23.7M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SOL	+0.0024%	1h	116.38	−0.220%	$2.2M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.41	−0.197%	$100K	$177K	20x	as long as short
Bitget SOLUSDT	+0.0046%	8h	116.39	−0.217%	$479.4M	$461.8M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.44	−0.171%	$8.0M	$404.0M	50x	as long as short
SoDEX SOL-USD	+0.0085%	1h	116.37	−0.231%	$6.1M	$10.9M	20x	as long as short
Aster SOLUSDT	+0.0086%	8h	116.38	−0.223%	$175.7M	$174.6M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	116.38	−0.220%	$1.0M	$6.0M	100x	as long as short
Paradex SOL-USD-PERP	+0.0095%	8h	116.42	−0.192%	$1.0M	$551K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.38	−0.227%	$13.1M	$60.5M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.38	−0.222%	$351K	$252K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.38	−0.223%	$64K	$906K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.34	−0.259%	$5.5M	$41.1M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.50	−0.120%	$697.1M	$409.2M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.43	−0.182%	$15.7M	$130.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.40	−0.206%	$966.4M	$3.90B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.38	−0.223%	$367.9M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.40	−0.206%	$216K	$887K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.42	−0.189%	$900K	$8.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.40	−0.206%	$843.2M	$667.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.39	−0.214%	$361.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.38	−0.220%	$129.6M	$232.9M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.35	−0.252%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.41	−0.197%	$23.0M	$37.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.35	−0.245%	$24.9M	$111.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.40	−0.205%	$93.4M	$409.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.54	−0.085%	$47.7M	$30.9M	20x	as long as short
ApeX Omni SOLUSDTlong	+0.0100%	1h	116.64	long leg	$1.2M	$6.8M	50x
StandX SOL-USD	+0.0100%	1h	116.51	−0.111%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.36	−0.240%	$312K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.38	−0.226%	$234K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.39	−0.219%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.38	−0.219%	$189K	$1.8M	30x	as long as short
HTX SOL-USDTshort	+0.0100%	8h	116.37	−0.234%	$225.3M	$50.7M	75x
Phemex SOLUSDT	+0.0100%	8h	116.39	−0.214%	$45.3M	$105.4M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	−0.077%	$124.9M	$24.9M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.35	−0.249%	$8.0M	$39.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.44	−0.176%	—	$237.1M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0125%	1h	116.44	−0.168%	$26.4M	$21.8M	50x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.50	−0.120%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.55	−0.077%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0194%	1h	116.32	−0.274%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.44	−0.171%	$52.2M	$68.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.38	−0.219%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.44	−0.170%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0498%	1h	116.51	−0.108%	$25K	$56K	20x	as long as short