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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SOL-USDT | 117.74 | 0.0010 | pay 0.0010% / 8h | 6h 31m | $228.9M | $45.5M | 75x |
| Short | Phemex SOLUSDT | 117.74 | 0.0100 | get 0.0100% / 8h | 6h 31m | $45.8M | $101.9M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 3 min ago | 0.00 bp | 7.3 bp −$7 | 9.3 bp −$93 | 18.3 bp −$1,831 | 43.1 bp −$21.5K |
| Sell Phemex live order book, 3 min ago | 0.43 bp | 10.4 bp −$10 | 10.6 bp −$106 | 16.5 bp −$1,649 | doesn't fit |
SOL on 54 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 | 117.75 | +0.007% | $921 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0071% | 1h | 117.70 | −0.039% | — | $609K | 20x | as long as short |
| Hibachi SOL/USDT-P | −0.0056% | 1h | 117.84 | +0.080% | $92K | $692K | 20x | as long as short |
| ApeX Omni SOLUSDT | −0.0052% | 1h | 117.67 | −0.066% | $1.5M | $6.1M | 50x | as long as short |
| Derive SOL-PERP | −0.0022% | 1h | 117.71 | −0.025% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.75 | +0.004% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.77 | +0.022% | $4.5M | $24.3M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.81 | +0.054% | $1.4M | $21.3M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.77 | +0.018% | $129K | $3.9M | 8.3x | as long as short |
| HTX SOL-USDTlong | +0.0010% | 8h | 117.74 | long leg | $228.9M | $45.5M | 75x |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SOL/USDC | +0.0018% | 1h | 117.73 | −0.015% | $2.0M | $4.6M | 20x | as long as short |
| Gate SOL_USDT | +0.0032% | 8h | 117.74 | −0.003% | $854.2M | $660.1M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0040% | 1h | 117.82 | +0.062% | $26.4M | $25.5M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.73 | −0.010% | $31.5M | $98.7M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.78 | +0.035% | $8.0M | $410.2M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 117.76 | +0.016% | — | $369.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0086% | 8h | 117.75 | +0.002% | $1.1M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.73 | −0.012% | $13.0M | $59.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.71 | −0.030% | $2.2M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.78 | +0.031% | $103K | $164K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.80 | +0.050% | $345K | $259K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.76 | +0.010% | $1.0M | $518K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.68 | −0.054% | $63K | $853K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.75 | +0.001% | $5.7M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.86 | +0.099% | $719.8M | $402.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.76 | +0.010% | $176.9M | $180.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.77 | +0.022% | $14.4M | $131.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.76 | +0.012% | $971.6M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.76 | +0.017% | $821.0M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.75 | +0.005% | $366.0M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.57 | −0.148% | $238K | $890K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.76 | +0.010% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.55 | −0.162% | $134.7M | $14.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.76 | +0.014% | $428.0M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.75 | +0.006% | $131.6M | $210.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.72 | −0.018% | $487.3M | $441.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.75 | +0.005% | $23.7M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.66 | −0.074% | $24.4M | $128.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.62 | −0.102% | $94.5M | $405.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.61 | −0.115% | $48.2M | $29.7M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.81 | +0.056% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.74 | −0.003% | $358K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.77 | +0.026% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.81 | +0.053% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.78 | +0.029% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.77 | +0.022% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDTshort | +0.0100% | 8h | 117.74 | −0.003% | $45.8M | $101.9M | 50x | |
| Phoenix SOL | +0.0101% | 1h | 117.89 | +0.124% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.72 | −0.021% | $8.2M | $36.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.72 | −0.022% | — | $227.2M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 117.74 | 0.000% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 118.20 | +0.387% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0172% | 1h | 117.81 | +0.053% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0312% | 1h | 117.73 | −0.011% | $25K | $51K | 20x | as long as short |
HTX SOL-USDT
Phemex SOLUSDT
ApeX Omni SOLUSDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
RISEx SOL/USDC
Gate SOL_USDT
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phoenix SOL
Extended SOL-USD
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD