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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.002%
Price spread now: Katana Perps against HTX−0.056%7-day average +0.002% · 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 4 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.573%+$57 · spread now −0.056%, 7d avg +0.002%
Together, before fees+0.583%+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Katana Perps is 0.058% cheaper against HTX than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.002%). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.010% in total) that is about 21 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOL-USDT117.430.0050pay 0.0050% / 8h5h 43m$228.1M$45.6M75x
ShortKatana Perps SOL-USD117.360.0100get 0.0100% / 8h5h 43m$67K$835K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana 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

Funding earned
$10.4
Price spread: −0.056% → +0.002%
−$5.78
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$11.18
Costs to cover
0.158%
Break-even
14.5 days
Slippage unknown: HTX: live order book, 1 min ago; Katana 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 1 min ago0.00 bp6.4 bp −$68.7 bp −$8714.9 bp −$1,48739.8 bp −$19.9K
Sell Katana Perps no order-book sample
Katana 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h117.36−0.052%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.35−0.062%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.49+0.054%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.40−0.023%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.44+0.012%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.46+0.028%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.43+0.001%$1.4M$19.5M3.1xas long as short
HTX SOL-USDTlong+0.0050%8h117.43long leg$228.1M$45.6M75x
01 Exchange SOLUSD+0.0056%1h117.41−0.014%$100K$163K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h117.49+0.052%$8.0M$403.0M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P+0.0072%1h117.34−0.077%$100K$691K20xas long as short
BingX SOL-USDC+0.0080%8h117.43+0.006%$10.5Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.48+0.044%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.49+0.054%$13.1M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.44+0.015%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.48+0.043%$344K$225K20xas long as short
Katana Perps SOL-USDshort+0.0100%8h117.36−0.056%$67K$835K20x
Paradex SOL-USD-PERP+0.0100%8h117.45+0.022%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.42−0.001%$5.8M$39.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.48+0.049%$176.3M$176.8M100xas long as short
Pacifica SOL+0.0100%1h117.50+0.063%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.47+0.038%$967.4M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.49+0.055%$820.6M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.47+0.038%$365.8M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.21−0.184%$237K$847K10xas long as short
Arcus SOL-USD+0.0100%1h117.43+0.005%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.021%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.44+0.012%$858.0M$646.7M100xas long as short
MEXC SOL_USDT+0.0100%8h117.44+0.012%$424.0M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.47+0.038%$130.1M$212.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.46+0.032%$486.5M$433.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.47+0.038%$23.7M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.36−0.052%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.39−0.032%$94.3M$401.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.27−0.137%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.48+0.046%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.38−0.039%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.40−0.022%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.42−0.004%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.44+0.010%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.42−0.006%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.48+0.046%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.44+0.012%$45.7M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h117.44+0.015%$8.2M$36.0M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0112%1h117.54+0.096%$26.4M$25.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.35−0.069%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.114%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.47+0.039%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0164%1h117.56+0.115%$717.9M$393.3M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.40−0.021%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38−0.039%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.48+0.046%$51.9M$71.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.43+0.006%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0381%1h117.46+0.025%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.46+0.029%$127K$3.8M8.3xas long as short