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+0.0090%/8h= +9.9% APRnext payment +$0.90 per $10,000 · paid last 24h −0.001%
Price spread now: Phemex against HTX−0.003%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.003%, 7d avg +0.012%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOL-USDT117.740.0010pay 0.0010% / 8h6h 31m$228.9M$45.5M75x
ShortPhemex SOLUSDT117.740.0100get 0.0100% / 8h6h 31m$45.8M$101.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$18.96
Price spread: −0.003% → +0.012%
−$1.52
Slippage, 4 orders
−$11.36
Fee HTX: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$17.92
Costs to cover
0.354%
Break-even
13.6 days
Slippage from HTX: live order book, 3 min ago; Phemex: live order book, 3 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, 3 min ago0.00 bp7.3 bp −$79.3 bp −$9318.3 bp −$1,83143.1 bp −$21.5K
Sell Phemex live order book, 3 min ago0.43 bp10.4 bp −$1010.6 bp −$10616.5 bp −$1,649doesn't fit

SOL on 54 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%1h117.75+0.007%$921$8K25xas long as short
Vest SOL-PERP−0.0071%1h117.70−0.039%$609K20xas long as short
Hibachi SOL/USDT-P−0.0056%1h117.84+0.080%$92K$692K20xas long as short
ApeX Omni SOLUSDT−0.0052%1h117.67−0.066%$1.5M$6.1M50xas long as short
Derive SOL-PERP−0.0022%1h117.71−0.025%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.75+0.004%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.77+0.022%$4.5M$24.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.81+0.054%$1.4M$21.3M3.1xas long as short
Perpl SOL0.0000%43m117.77+0.018%$129K$3.9M8.3xas long as short
HTX SOL-USDTlong+0.0010%8h117.74long leg$228.9M$45.5M75x
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SOL/USDC+0.0018%1h117.73−0.015%$2.0M$4.6M20xas long as short
Gate SOL_USDT+0.0032%8h117.74−0.003%$854.2M$660.1M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0040%1h117.82+0.062%$26.4M$25.5M50xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.73−0.010%$31.5M$98.7M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.78+0.035%$8.0M$410.2M50xas long as short
BingX SOL-USDT+0.0080%8h117.76+0.016%$369.6Mas long as short
Orderly PERP_SOL_USDC+0.0086%8h117.75+0.002%$1.1M$5.9M100xas long as short
Lighter SOL+0.0096%1h117.73−0.012%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h117.71−0.030%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.78+0.031%$103K$164K20xas long as short
Aevo SOL-PERP+0.0096%1h117.80+0.050%$345K$259K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.76+0.010%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.68−0.054%$63K$853K20xas long as short
Nado SOL-PERP+0.0100%1h117.75+0.001%$5.7M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h117.86+0.099%$719.8M$402.0M20xas long as short
Aster SOLUSDT+0.0100%8h117.76+0.010%$176.9M$180.4M100xas long as short
Pacifica SOL+0.0100%1h117.77+0.022%$14.4M$131.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.76+0.012%$971.6M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h117.76+0.017%$821.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.75+0.005%$366.0M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.57−0.148%$238K$890K10xas long as short
Arcus SOL-USD+0.0100%1h117.76+0.010%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.162%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.76+0.014%$428.0M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.75+0.006%$131.6M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.72−0.018%$487.3M$441.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.75+0.005%$23.7M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.66−0.074%$24.4M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h117.62−0.102%$94.5M$405.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.61−0.115%$48.2M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.81+0.056%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.74−0.003%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.77+0.026%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.81+0.053%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.78+0.029%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.77+0.022%$6.2M$10.8M20xas long as short
Phemex SOLUSDTshort+0.0100%8h117.74−0.003%$45.8M$101.9M50x
Phoenix SOL+0.0101%1h117.89+0.124%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.72−0.021%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.72−0.022%$227.2M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.740.000%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.387%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0172%1h117.81+0.053%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0312%1h117.73−0.011%$25K$51K20xas long as short