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+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX+0.087%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.087%, 7d avg +0.008%
Together, before fees−0.004%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.080% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOL-USDT119.660.0074pay 0.0074% / 8h1h 41m$233.1M$44.5M75x
ShortBybit SOLUSDT119.760.0100get 0.0100% / 8h1h 41m$827.4M$1.27B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$5.36
Price spread: +0.087% → +0.008%
$7.96
Slippage, 4 orders
−$1.16
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$10.84
Costs to cover
0.242%
Break-even
21.2 days
Slippage from HTX: live order book, 3 min ago; Bybit: live order book, 3 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 HTX live order book, 3 min ago0.00 bp6.1 bp −$68.0 bp −$8015.8 bp −$1,57639.9 bp −$20.0K
Sell Bybit live order book, 3 min ago0.42 bp5.9 bp −$66.9 bp −$699.7 bp −$97419.5 bp −$9,740

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
Bluefin SOL-PERP−0.0474%1h119.69+0.031%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.59−0.052%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.73+0.065%$849$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.58−0.060%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.74+0.068%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.72+0.054%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.69+0.025%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.66+0.004%$179K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.53−0.108%$120K$611K20xas long as short
Phoenix SOL+0.0054%1h119.50−0.130%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0062%1h119.43−0.185%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0066%8h119.69+0.028%$1.1M$5.9M100xas long as short
HTX SOL-USDTlong+0.0074%8h119.66long leg$233.1M$44.5M75x
BingX SOL-USDC+0.0080%8h119.75+0.079%$10.5Mas long as short
01 Exchange SOLUSD+0.0088%1h119.74+0.071%$105K$153K20xas long as short
Gate SOL_USDT+0.0090%8h119.72+0.054%$873.7M$679.1M100xas long as short
Lighter SOL+0.0096%1h119.72+0.056%$13.7M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.71+0.042%$2.1M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h119.65−0.004%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.71+0.045%$1.1M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.71+0.045%$46K$790K20xas long as short
Nado SOL-PERP+0.0100%1h119.70+0.041%$6.2M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.86+0.171%$722.4M$415.9M20xas long as short
Aster SOLUSDT+0.0100%8h119.74+0.072%$179.2M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.76+0.086%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.71+0.043%$986.5M$3.79B100xas long as short
Bybit SOLUSDTshort+0.0100%8h119.76+0.087%$827.4M$1.27B100x
OKX SOL-USDT-SWAP+0.0100%8h119.69+0.029%$373.0M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.74+0.071%$234K$889K10xas long as short
Arcus SOL-USD+0.0100%1h119.81+0.130%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.75+0.079%$459.1M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.74+0.069%$141.2M$199.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.74+0.073%$496.9M$454.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.73+0.062%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.38−0.227%$27.7M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.51−0.124%$96.0M$398.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44−0.181%$48.9M$32.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.49−0.138%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.68+0.020%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.68+0.020%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.69+0.027%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.70+0.037%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.69+0.029%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.70+0.037%$46.8M$101.9M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.078%$134.3M$8.4M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0102%1h119.74+0.073%$26.8M$27.6M50xas long as short
Extended SOL-USD+0.0104%1h119.73+0.060%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.74+0.071%$8.2M$415.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.70+0.041%$221.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.70+0.037%$32.7M$95.3M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.72+0.055%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.66+0.007%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.78+0.105%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.439%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.52−0.113%$52.1M$82.5M125xas long as short