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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.038%
Price spread now: HTX against BloFin−0.074%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.208%−$21 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.074%, 7d avg −0.003%
Together, before fees−0.105%−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.071% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT116.240.0220pay 0.0220% / 8h35m 07s$52.0M$65.9M125x
ShortHTX SOL-USDT116.150.0100get 0.0100% / 8h35m 07s$224.9M$50.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
−$25.2
Price spread: −0.074% → −0.003%
−$7.14
Slippage, 4 orders
−$1.01
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$57.35
Costs to cover
0.250%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; HTX: live order book, 4 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 BloFin live order book, 4 min ago0.43 bp6.4 bp −$66.6 bp −$669.4 bp −$93919.9 bp −$9,934
Sell HTX live order book, 4 min ago0.00 bp6.1 bp −$610.2 bp −$10217.7 bp −$1,77245.0 bp −$22.5K

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
Kraken Futures PF_SOLUSD−0.0153%1h116.31+0.058%$32.5M$106.8M100xas long as short
Hibachi SOL/USDT-P−0.0144%1h116.31+0.064%$95K$684K20xas long as short
Bybit SOLUSDT−0.0110%8h116.240.000%$734.9M$1.43B100xas long as short
Derive SOL-PERP−0.0101%1h116.19−0.046%$1.8M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h116.21−0.023%$1K$8K25xas long as short
Injective SOL/USDC PERP−0.0055%1h116.85+0.525%$4K$2K12xas long as short
Vest SOL-PERP−0.0051%1h116.20−0.032%$749K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.22−0.019%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.21−0.025%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.19−0.040%$106K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SOL-USD+0.0006%1h116.240.000%$6.1M$11.0M20xas long as short
dYdX SOL-USD+0.0006%1h116.20−0.037%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0023%8h116.25+0.005%$479.6M$458.3M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0041%1h116.30+0.048%$26.4M$22.0M50xas long as short
01 Exchange SOLUSD+0.0048%1h116.22−0.017%$99K$180K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.28+0.035%$7.9M$400.7M50xas long as short
Aster SOLUSDT+0.0054%8h116.22−0.018%$176.5M$168.9M100xas long as short
Lighter RH SOL+0.0056%1h116.24−0.001%$2.1M$16.7M25xas long as short
Orderly PERP_SOL_USDC+0.0073%8h116.19−0.044%$1.0M$5.9M100xas long as short
Paradex SOL-USD-PERP+0.0092%8h116.24−0.002%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.21−0.024%$13.1M$60.5M25xas long as short
Aevo SOL-PERP+0.0096%1h116.22−0.015%$350K$256K20xas long as short
Gate SOL_USDT+0.0097%8h116.240.000%$844.6M$663.7M100xas long as short
Katana Perps SOL-USD+0.0100%8h116.15−0.077%$64K$913K20xas long as short
Nado SOL-PERP+0.0100%1h116.22−0.021%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.37+0.112%$701.5M$406.3M20xas long as short
Pacifica SOL+0.0100%1h116.29+0.039%$15.7M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.25+0.009%$963.1M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.26+0.017%$367.0M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.17−0.060%$217K$829K10xas long as short
Arcus SOL-USD+0.0100%1h116.20−0.034%$890K$8.5M20xas long as short
MEXC SOL_USDT+0.0100%8h116.25+0.009%$368.9M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.24−0.003%$132.0M$234.1M75xas long as short
BingX SOL-USDT+0.0100%8h116.25+0.006%$374.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.26+0.017%$23.0M$36.0M50xas long as short
Variational Omni SOL+0.0100%8h116.22−0.015%$24.8M$108.6Mas long as short
edgeX SOLUSDC+0.0100%4h116.34+0.085%$93.4M$406.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.54+0.258%$47.7M$29.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.34+0.085%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.31+0.060%$1.3M$11.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.21−0.026%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.23−0.006%$284K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.21−0.024%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.18−0.049%$189K$1.8M30xas long as short
HTX SOL-USDTshort+0.0100%8h116.15−0.074%$224.9M$50.7M75x
Phemex SOLUSDT+0.0100%8h116.27+0.026%$45.2M$104.6M50xas long as short
Bulk SOL-USD+0.0100%1h116.55+0.267%$126.1M$26.3M20xas long as short
Extended SOL-USD+0.0104%1h116.18−0.053%$8.2M$37.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.21−0.022%$234.0M500xas long as short
Phoenix SOL+0.0130%1h116.43+0.163%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0195%1h116.17−0.057%$1.1M$545K25xas long as short
BloFin SOL-USDTlong+0.0220%8h116.24long leg$52.0M$65.9M125x
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.21−0.025%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0480%1h116.51+0.228%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.25+0.008%$2.1M$4.8M20xas long as short