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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −2.9% APRnext payment $0.27 per $10,000 · paid last 24h +0.008%
Price spread now: HTX against BingX+0.042%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 3 days (all we have)−0.409%−$41 · spread now +0.042%, 7d avg −0.003%
Together, before fees−0.384%−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.045% dearer against BingX than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.003%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDT118.750.0100pay 0.0100% / 8h2h 49m$372.5M
ShortHTX SOL-USDT118.800.0073get 0.0073% / 8h2h 49m$231.5M$43.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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
−$5.61
Price spread: +0.042% → −0.003%
$4.52
Slippage, 4 orders
−$2.88
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$25.96
Costs to cover
0.249%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; HTX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago0.76 bp5.8 bp −$65.8 bp −$587.5 bp −$75411.1 bp −$5,555
Sell HTX live order book, 5 min ago0.00 bp6.7 bp −$79.7 bp −$9719.4 bp −$1,93948.8 bp −$24.4K

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−0.0151%1h118.89+0.119%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.66−0.073%$2.0M$3.2M13xas long as short
ApeX Omni SOLUSDT−0.0100%1h118.77+0.020%$1.5M$6.2M50xas long as short
Vest SOL-PERP−0.0082%1h118.74−0.006%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.80+0.042%$842$8K25xas long as short
Aftermath Perps SOLUSD−0.0062%1h118.93+0.155%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.79+0.035%$48K150xas long as short
dYdX SOL-USD0.0000%1h118.85+0.085%$4.9M$26.8M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.86+0.091%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.77+0.018%$179K$4.0M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0023%1h118.80+0.045%$26.7M$27.8M50xas long as short
Orderly PERP_SOL_USDC+0.0057%8h118.750.000%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.80+0.043%$104K$152K20xas long as short
HTX SOL-USDTshort+0.0073%8h118.80+0.042%$231.5M$43.8M75x
Gate SOL_USDT+0.0081%8h118.74−0.008%$857.6M$675.3M100xas long as short
KuCoin SOLUSDTM+0.0090%8h118.76+0.008%$144.1M$197.6M75xas long as short
Lighter SOL+0.0096%1h118.74−0.007%$13.4M$53.0M25xas long as short
Lighter RH SOL+0.0096%1h118.73−0.018%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.77+0.017%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.77+0.017%$1.0M$524K50xas long as short
Bitget SOLUSDT+0.0099%8h118.73−0.013%$495.6M$450.6M100xas long as short
Katana Perps SOL-USD+0.0100%8h118.79+0.035%$46K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.74−0.009%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.84+0.075%$716.8M$424.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.74−0.008%$179.1M$174.3M100xas long as short
Pacifica SOL+0.0100%1h118.82+0.062%$12.3M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.78+0.026%$971.0M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h118.77+0.018%$821.4M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.72−0.024%$368.1M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.86+0.093%$233K$868K10xas long as short
Arcus SOL-USD+0.0100%1h118.82+0.062%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.112%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.73−0.016%$466.7M$1.07B300xas long as short
BingX SOL-USDTlong+0.0100%8h118.75long leg$372.5M
Backpack SOL_USDC_PERP+0.0100%1h118.76+0.009%$24.2M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h118.86+0.090%$28.3M$126.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.91+0.135%$95.5M$396.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.87+0.101%$48.7M$33.1M20xas long as short
StandX SOL-USD+0.0100%1h118.86+0.093%$1.4M$13.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.78+0.026%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.75+0.002%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.74−0.005%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.73−0.019%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.73−0.016%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.76+0.009%$46.3M$99.9M50xas long as short
Extended SOL-USD+0.0104%1h118.72−0.028%$8.6M$37.4M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.79+0.036%$8.1M$414.2M50xas long as short
Hibachi SOL/USDT-P+0.0120%1h118.85+0.082%$123K$622K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.81+0.049%$218.7M500xas long as short
Phoenix SOL+0.0154%1h119.00+0.211%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0088%1h118.79+0.031%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h118.81+0.052%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.77+0.017%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.72−0.024%$51.6M$89.3M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.77+0.015%$36.1M$90.3M100xas long as short