Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against HTX−0.026%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$160.160% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.026%, 7d avg +0.016%

Together, before fees+0.114%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.042% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOL-USDT	116.16	0.0100	pay 0.0100% / 8h	2h 41m	$225.2M	$48.5M	75x
Short	MEXC SOL_USDT	116.13	0.0100	get 0.0100% / 8h	2h 41m	$364.9M	$1.07B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → +0.016%: −$4.17
Slippage, 4 orders: −$2.03
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$20.2
Costs to cover: 0.160%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; MEXC: live order book, 2 min ago.

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, 2 min ago	0.00 bp	6.9 bp −$7	9.8 bp −$98	18.6 bp −$1,863	48.6 bp −$24.3K
Sell MEXC live order book, 2 min ago	0.43 bp	1.4 bp −$1	1.6 bp −$16	3.0 bp −$299	5.1 bp −$2,549

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
Kraken Futures PF_SOLUSD	−0.0240%	1h	116.21	+0.044%	$31.5M	$103.2M	100x	as long as short
Hibachi SOL/USDT-P	−0.0224%	1h	116.27	+0.094%	$104K	$705K	20x	as long as short
Vest SOL-PERP	−0.0125%	1h	116.17	+0.009%	—	$625K	20x	as long as short
Bybit SOLUSDT	−0.0115%	8h	116.12	−0.035%	$742.2M	$1.41B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.23	+0.064%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0051%	1h	116.12	−0.031%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.20	+0.039%	$42K	—	150x	as long as short
01 Exchange SOLUSD	0.0000%	1h	116.18	+0.017%	$99K	$176K	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.25	+0.081%	$1.4M	$19.1M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.22	+0.056%	$112K	$3.7M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0016%	1h	116.24	+0.069%	$4.4M	$24.2M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.23	+0.060%	$7.7M	$404.5M	50x	as long as short
Bullet SOL-USD	+0.0049%	1h	116.18	+0.020%	$147K	$1.6M	20x	as long as short
Bitget SOLUSDT	+0.0073%	8h	116.14	−0.022%	$480.9M	$450.7M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	116.23	+0.059%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.18	+0.017%	$13.0M	$60.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.19	+0.027%	$2.2M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.19	+0.026%	$349K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.16	0.000%	$65K	$899K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	116.23	+0.058%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.16	−0.002%	$5.3M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.25	+0.077%	$697.9M	$394.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.13	−0.026%	$174.1M	$183.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.25	+0.075%	$15.7M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.16	0.000%	$968.8M	$3.85B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.15	−0.009%	$365.8M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.17	+0.008%	$213K	$870K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.25	+0.074%	$916K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.24	+0.066%	$130.1M	$16.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.13	−0.026%	$848.4M	$660.6M	100x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	116.13	−0.026%	$364.9M	$1.07B	300x
KuCoin SOLUSDTM	+0.0100%	8h	116.14	−0.013%	$123.7M	$227.8M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.11	−0.042%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.20	+0.034%	$22.9M	$40.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.26	+0.090%	$25.0M	$114.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.45	+0.253%	$93.5M	$403.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.31	+0.129%	$47.6M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.42	+0.228%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.37	+0.181%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.16	0.000%	$320K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.19	+0.021%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.20	+0.036%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.20	+0.034%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDTlong	+0.0100%	8h	116.16	long leg	$225.2M	$48.5M	75x
Phemex SOLUSDT	+0.0100%	8h	116.22	+0.051%	$45.3M	$103.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.08	−0.072%	$8.1M	$38.4M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0114%	1h	116.26	+0.086%	$26.2M	$22.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.21	+0.043%	—	$238.0M	500x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.336%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.48	+0.275%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.15	−0.011%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.20	+0.034%	$51.9M	$67.4M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.20	+0.032%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	116.27	+0.095%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0596%	1h	116.37	+0.182%	$25K	$52K	20x	as long as short