Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against HTX−0.044%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.044%, 7d avg +0.017%

Together, before fees+0.132%+$13 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: Binance is 0.062% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOL-USDT	116.91	0.0100	pay 0.0100% / 8h	2h 00m	$226.4M	$50.5M	75x
Short	Binance SOLUSDT	116.86	0.0100	get 0.0100% / 8h	2h 00m	$970.7M	$3.90B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → +0.017%: −$6.18
Slippage, 4 orders: −$2.62
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$30.8
Costs to cover: 0.246%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Binance: live order book, 13 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 HTX live order book, 3 min ago	0.00 bp	6.1 bp −$6	8.8 bp −$88	14.7 bp −$1,470	39.5 bp −$19.8K
Sell Binance live order book, 13 min ago	0.43 bp	5.4 bp −$5	6.0 bp −$60	8.0 bp −$805	17.4 bp −$8,724

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
Kraken Futures PF_SOLUSD	−0.0239%	1h	116.95	+0.030%	$33.0M	$104.1M	100x	as long as short
Bybit SOLUSDT	−0.0105%	8h	116.83	−0.071%	$741.1M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.11	+0.169%	$1K	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0080%	1h	117.02	+0.091%	$102K	$689K	20x	as long as short
Vest SOL-PERP	−0.0032%	1h	116.91	0.000%	—	$625K	20x	as long as short
Derive SOL-PERP	−0.0010%	1h	116.86	−0.047%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.93	+0.015%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.98	+0.059%	$1.5M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.97	+0.051%	$110K	$3.7M	8.3x	as long as short
dYdX SOL-USD	+0.0008%	1h	116.96	+0.040%	$4.3M	$23.8M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0032%	1h	116.95	+0.032%	$101K	$179K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.95	+0.036%	$8.0M	$407.7M	50x	as long as short
Bitget SOLUSDT	+0.0059%	8h	116.85	−0.052%	$481.7M	$462.2M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0094%	8h	116.92	+0.007%	$1.0M	$6.0M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.92	+0.005%	$13.1M	$61.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.90	−0.009%	$2.2M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.91	0.000%	$352K	$247K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	116.91	−0.007%	$1.0M	$551K	50x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.89	−0.019%	$62K	$911K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.90	−0.010%	$5.5M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.96	+0.040%	$701.0M	$408.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.85	−0.051%	$176.1M	$176.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.96	+0.041%	$15.8M	$130.4M	20x	as long as short
Binance SOLUSDTshort	+0.0100%	8h	116.86	−0.044%	$970.7M	$3.90B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	116.84	−0.062%	$372.0M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.99	+0.066%	$219K	$883K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.93	+0.017%	$908K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.05	+0.116%	$126.2M	$23.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.88	−0.028%	$846.0M	$677.6M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.91	−0.002%	$364.8M	$1.09B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.92	+0.002%	$129.0M	$231.7M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.84	−0.059%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.92	+0.006%	$23.1M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.86	−0.042%	$24.7M	$113.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.98	+0.057%	$93.9M	$411.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.04	+0.110%	$47.9M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.13	+0.182%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.04	+0.109%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.90	−0.011%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.94	+0.024%	$236K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.91	−0.002%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.91	−0.005%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.91	−0.002%	$6.1M	$10.9M	20x	as long as short
HTX SOL-USDTlong	+0.0100%	8h	116.91	long leg	$226.4M	$50.5M	75x
Phemex SOLUSDT	+0.0100%	8h	116.91	−0.002%	$45.5M	$105.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.87	−0.041%	$8.1M	$39.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.99	+0.067%	—	$238.5M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0172%	1h	117.00	+0.074%	$26.5M	$22.1M	50x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	117.09	+0.152%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	117.18	+0.229%	$6.6M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0194%	1h	116.87	−0.032%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.90	−0.011%	$52.0M	$68.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.93	+0.016%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0492%	1h	117.01	+0.083%	$25K	$56K	20x	as long as short
RISEx SOL/USDC	+0.0547%	1h	117.00	+0.072%	$2.1M	$4.9M	20x	as long as short