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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.002%
Price spread now: SoDEX against HTX+0.035%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.035%, 7d avg −0.006%
Together, before fees−0.013%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.041% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOL-USDT118.940.0080pay 0.0080% / 8h1h 12m$231.6M$45.0M75x
ShortSoDEX SOL-USD118.980.0100get 0.0013% / 1h12m 59s$6.2M$10.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$4.18
Price spread: +0.035% → −0.006%
$4.1
Slippage, 4 orders
−$0.89
Fee HTX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$12.61
Costs to cover
0.209%
Break-even
28.1 days
Slippage from HTX: live order book, 1 min ago; SoDEX: 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 bp6.0 bp −$69.0 bp −$9016.4 bp −$1,64241.9 bp −$20.9K
Sell SoDEX live order book, 1 min ago0.42 bp4.4 bp −$45.1 bp −$5118.2 bp −$1,822doesn't fit

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
Bluefin SOL-PERP−0.0299%1h118.97+0.025%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h118.89−0.043%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.04+0.089%$844$8K25xas long as short
Vest SOL-PERP−0.0066%1h118.94+0.003%$722K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.98+0.035%$112K150xas long as short
dYdX SOL-USD−0.0001%1h119.01+0.059%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.00+0.053%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.00+0.051%$177K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0048%1h119.18+0.202%$119K$612K20xas long as short
Phoenix SOL+0.0054%1h119.28+0.288%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0068%8h118.98+0.032%$1.1M$5.9M100xas long as short
Aftermath Perps SOLUSD+0.0069%1h119.21+0.227%$24K$47K20xas long as short
01 Exchange SOLUSD+0.0072%1h118.97+0.027%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h118.90−0.028%$10.5Mas long as short
HTX SOL-USDTlong+0.0080%8h118.94long leg$231.6M$45.0M75x
Gate SOL_USDT+0.0090%8h118.96+0.019%$867.9M$687.2M100xas long as short
Lighter SOL+0.0096%1h118.99+0.044%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h118.97+0.025%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.98+0.032%$352K$748K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0096%1h119.04+0.089%$26.6M$27.7M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.00+0.054%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.98+0.035%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.05+0.090%$6.1M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.07+0.111%$717.3M$417.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.95+0.010%$178.1M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.04+0.086%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h118.94−0.002%$982.3M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.95+0.012%$826.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.98+0.035%$371.9M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.98+0.035%$233K$883K10xas long as short
Arcus SOL-USD+0.0100%1h118.99+0.045%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.289%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h118.94+0.002%$454.1M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.97+0.031%$139.9M$201.9M75xas long as short
Bitget SOLUSDT+0.0100%8h118.97+0.028%$494.7M$455.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.00+0.052%$24.1M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.22+0.237%$27.3M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23+0.248%$95.8M$401.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.17+0.195%$48.8M$31.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.19+0.213%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.18+0.204%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.93−0.007%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.96+0.021%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.97+0.025%$193K$1.9M30xas long as short
SoDEX SOL-USDshort+0.0100%1h118.98+0.035%$6.2M$10.8M20x
Phemex SOLUSDT+0.0100%8h119.00+0.052%$46.5M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h118.95+0.011%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.02+0.070%$8.2M$415.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.97+0.028%$224.2M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.00+0.052%$32.6M$96.1M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0072%1h118.97+0.030%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h118.92−0.016%$1.1M$552K25xas long as short
RISEx SOL/USDC+0.0192%1h119.00+0.051%$1.7M$5.8M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.372%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h118.98+0.035%$52.0M$82.7M125xas long as short