Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0099%/8h= −10.9% APRpaid last 24h −0.043%

Price spread now: Jupiter Perps against HTX−0.107%7-day average +0.002% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Jupiter Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.150%−$15 on $10k

Price spread, last 4 days (all we have)+0.463%+$46 · spread now −0.107%, 7d avg +0.002%

Together, before fees+0.313%+$31 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Jupiter Perps is 0.109% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.002%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOL-USDT	117.33	0.0043	pay 0.0043% / 8h	5h 45m	$227.9M	$45.6M	75x
Short	Jupiter Perps SOL-PERP	117.21	L +0.0112% / S +0.0056%	pay 0.0007% / 1h	45m 49s	—	$220.8M	500x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Jupiter Perps 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 Jupiter PerpsbpOrdersPrice spread, now −0.107%Rate

Funding earned: −$20.85
Price spread: −0.107% → +0.002%: −$10.9
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Net: −$55.74
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 3 min ago; Jupiter Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 3 min ago	0.00 bp	6.6 bp −$7	9.8 bp −$98	18.5 bp −$1,851	45.2 bp −$22.6K
Sell Jupiter Perps no order-book sample	—	—	—	—	—

Jupiter Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SOL-PERP	−0.0080%	1h	117.26	−0.061%	$917	$8K	25x	as long as short
Vest SOL-PERP	−0.0059%	1h	117.29	−0.039%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.36	+0.027%	$31.4M	$98.0M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.30	−0.027%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.38	+0.045%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.29	−0.037%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.32	−0.012%	$1.4M	$19.4M	3.1x	as long as short
HTX SOL-USDTlong	+0.0043%	8h	117.33	long leg	$227.9M	$45.6M	75x
01 Exchange SOLUSD	+0.0056%	1h	117.35	+0.016%	$100K	$162K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.37	+0.030%	$8.0M	$402.2M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SOL-USDC	+0.0080%	8h	117.32	−0.008%	—	$10.6M	—	as long as short
Hibachi SOL/USDT-P	+0.0080%	1h	117.28	−0.042%	$100K	$690K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0087%	1h	117.42	+0.074%	$26.4M	$25.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.38	+0.038%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.35	+0.018%	$13.0M	$59.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.35	+0.016%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.39	+0.047%	$344K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.28	−0.043%	$67K	$831K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.30	−0.024%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.36	+0.029%	$5.7M	$39.6M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.35	+0.016%	$176.1M	$176.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.33	−0.002%	$14.5M	$127.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.36	+0.027%	$966.5M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.37	+0.034%	$819.2M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.36	+0.025%	$365.6M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.21	−0.103%	$237K	$847K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.30	−0.024%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.40	+0.059%	$134.9M	$15.4M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.37	+0.033%	$858.2M	$645.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.35	+0.016%	$423.7M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.34	+0.012%	$130.1M	$211.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.34	+0.010%	$486.4M	$432.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.38	+0.042%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.36	+0.029%	$24.3M	$119.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.31	−0.019%	$94.2M	$400.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.56	+0.197%	$48.1M	$28.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.29	−0.035%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.28	−0.043%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.36	+0.025%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.38	+0.045%	$200K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.34	+0.012%	$25K	$27K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.37	+0.032%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.37	+0.033%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.34	+0.008%	$45.7M	$100.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.33	−0.003%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERPshort	L +0.0112% / S +0.0056%	1h	117.21	−0.107%	—	$220.8M	500x
Phoenix SOL	+0.0129%	1h	117.38	+0.042%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.37	+0.031%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0156%	1h	117.49	+0.136%	$717.4M	$393.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.36	+0.023%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.38	+0.042%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.21	−0.103%	—	$70.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.38	+0.042%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0379%	1h	117.43	+0.088%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.37	+0.035%	$127K	$3.8M	8.3x	as long as short