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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.037%
Price spread now: Derive against HTX−0.003%7-day average −0.031% · 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 7 days−0.016%−$2 on $10k
Price spread, last 3 days (all we have)+0.038%+$4 · spread now −0.003%, 7d avg −0.031%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Derive is 0.028% dearer against HTX than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.031%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.016% in total) that is about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOL-USDT119.200.0082pay 0.0082% / 8h1h 01m$232.0M$45.0M75x
ShortDerive SOL-PERP119.20−0.0052pay 0.0006% / 1h1m 44s$2.0M$2.8M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
−$28.16
Price spread: −0.003% → −0.031%
$2.79
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Derive: 3 bp × 2 orders
−$6
Net
−$43.37
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 2 min ago; Derive: 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 HTX live order book, 2 min ago0.23 bp6.2 bp −$68.5 bp −$8515.3 bp −$1,53137.4 bp −$18.7K
Sell Derive no order-book sample
Derive: 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
Bluefin SOL-PERP−0.0178%1h119.25+0.041%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27+0.053%$846$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.20−0.002%$723K20xas long as short
Derive SOL-PERPshort−0.0052%1h119.20−0.003%$2.0M$2.8M13x
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.29+0.071%$115K150xas long as short
dYdX SOL-USD−0.0001%1h119.26+0.050%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.28+0.065%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.27+0.054%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h119.23+0.022%$6.5M$13.6M25xas long as short
01 Exchange SOLUSD+0.0064%1h119.26+0.047%$104K$156K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0070%8h119.28+0.060%$1.1M$5.9M100xas long as short
BingX SOL-USDC+0.0080%8h119.26+0.048%$10.5Mas long as short
Hibachi SOL/USDT-P+0.0080%1h119.21+0.006%$118K$608K20xas long as short
HTX SOL-USDTlong+0.0082%8h119.20long leg$232.0M$45.0M75x
Aftermath Perps SOLUSD+0.0083%1h119.16−0.033%$24K$47K20xas long as short
Gate SOL_USDT+0.0088%8h119.25+0.039%$870.4M$690.5M100xas long as short
Lighter SOL+0.0096%1h119.28+0.062%$13.6M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h119.24+0.029%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16−0.033%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.24+0.031%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.25+0.039%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.27+0.056%$6.1M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.38+0.148%$720.1M$410.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.30+0.080%$178.6M$175.6M100xas long as short
Pacifica SOL+0.0100%1h119.28+0.064%$12.3M$119.0M20xas long as short
Binance SOLUSDT+0.0100%8h119.25+0.037%$982.3M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h119.27+0.056%$829.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.23+0.022%$372.6M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18−0.020%$233K$876K10xas long as short
Arcus SOL-USD+0.0100%1h119.29+0.072%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.85−0.296%$133.1M$7.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.25+0.039%$453.9M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.31+0.087%$139.8M$202.5M75xas long as short
Bitget SOLUSDT+0.0100%8h119.28+0.068%$496.7M$455.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.28+0.064%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.17−0.029%$27.5M$128.4Mas long as short
edgeX SOLUSDC+0.0100%4h119.16−0.040%$95.7M$401.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.21+0.006%$48.8M$31.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.00−0.171%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.20−0.003%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.26+0.047%$369K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27+0.058%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.27+0.052%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.27+0.056%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.26+0.047%$46.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.26+0.049%$8.7M$36.1M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.30+0.083%$8.3M$416.8M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0116%1h119.33+0.105%$26.7M$27.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25+0.037%$224.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.28+0.064%$32.6M$96.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0169% / S −0.0071%1h119.28+0.067%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.24+0.031%$1.1M$549K25xas long as short
RISEx SOL/USDC+0.0192%1h119.28+0.062%$1.7M$5.5M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.02−0.154%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.20−0.003%$52.0M$84.0M125xas long as short