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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.005%
Price spread now: Kraken Futures against HTX+0.058%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.058%, 7d avg +0.007%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.051% dearer against HTX than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.007%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOL-USDT116.790.0100pay 0.0100% / 8h4h 03m$226.5M$47.3M75x
ShortKraken Futures PF_SOLUSD116.860.0075get 0.0009% / 1h3m 11s$31.1M$99.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$5.23
Price spread: +0.058% → +0.007%
$5.13
Slippage, 4 orders
−$6.05
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$28.15
Costs to cover
0.280%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; Kraken Futures: live order book, 1 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, 1 min ago0.00 bp6.6 bp −$79.3 bp −$9317.7 bp −$1,76948.1 bp −$24.1K
Sell Kraken Futures live order book, 1 min ago1.71 bp7.9 bp −$89.6 bp −$9613.2 bp −$1,31829.2 bp −$14.6K

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
Hibachi SOL/USDT-P−0.0168%1h116.69−0.086%$103K$698K20xas long as short
Vest SOL-PERP−0.0098%1h116.77−0.014%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.78−0.008%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.86+0.060%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.86+0.060%$1.5M$18.6M3.1xas long as short
dYdX SOL-USD+0.0003%1h116.82+0.026%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0031%1h116.78−0.004%$1.9M$2.9M13xas long as short
01 Exchange SOLUSD+0.0056%1h116.84+0.045%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.86+0.062%$7.4M$404.5M50xas long as short
Kraken Futures PF_SOLUSDshort+0.0075%1h116.86+0.058%$31.1M$99.8M100x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0092%8h116.85+0.052%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.85+0.054%$13.1M$60.2M25xas long as short
Lighter RH SOL+0.0096%1h116.84+0.042%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.85+0.051%$348K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.80+0.011%$50K$871K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.87+0.070%$1.0M$549K50xas long as short
Nado SOL-PERP+0.0100%1h116.78−0.006%$5.4M$39.8M40xas long as short
Hyperliquid SOL+0.0100%1h116.94+0.131%$706.2M$394.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.84+0.049%$174.9M$182.4M100xas long as short
Pacifica SOL+0.0100%1h116.83+0.040%$15.7M$129.9M20xas long as short
Binance SOLUSDT+0.0100%8h116.85+0.054%$972.0M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.80+0.007%$782.2M$1.35B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.86+0.062%$369.4M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.77−0.015%$231K$836K10xas long as short
Arcus SOL-USD+0.0100%1h116.85+0.057%$928K$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.70−0.077%$134.0M$22.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.83+0.036%$842.3M$666.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.84+0.045%$374.4M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.84+0.048%$129.2M$220.8M75xas long as short
Bitget SOLUSDT+0.0100%8h116.81+0.023%$479.9M$441.0M100xas long as short
BingX SOL-USDT+0.0100%8h116.83+0.036%$365.3Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.80+0.011%$23.2M$38.9M50xas long as short
Variational Omni SOL+0.0100%8h116.60−0.157%$24.5M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65−0.120%$93.6M$397.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.66−0.109%$47.7M$30.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.72−0.055%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.71−0.066%$1.3M$12.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.83+0.036%$321K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.84+0.047%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.83+0.040%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.83+0.034%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.85+0.054%$6.1M$10.8M20xas long as short
HTX SOL-USDTlong+0.0100%8h116.79long leg$226.5M$47.3M75x
Phemex SOLUSDT+0.0100%8h116.85+0.054%$45.8M$102.0M50xas long as short
Extended SOL-USD+0.0104%1h116.79+0.005%$8.3M$37.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.77−0.016%$231.2M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.72−0.058%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.71−0.066%$6.5M$13.4M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0139%1h116.90+0.099%$26.4M$23.7M50xas long as short
Reya SOLRUSDPERP+0.0190%1h116.82+0.027%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h116.83+0.036%$52.0M$67.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.86+0.058%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.86+0.062%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0525%1h116.78−0.006%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.91+0.104%$1.9M$4.8M20xas long as short