Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%

Price spread now: Aevo against HTX+0.031%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1041.035% of the position

Long on HTX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.031%, 7d avg −0.006%

Together, before fees−0.065%−$7 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: Aevo is 0.037% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOL-USDT	116.22	0.0100	pay 0.0100% / 8h	3h 02m	$225.1M	$48.3M	75x
Short	Aevo SOL-PERP	116.25	0.0096	get 0.0012% / 1h	2m 40s	$350K	$247K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo 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 AevobpOrdersPrice spread, now +0.031%Rate

Funding earned: −$0.84
Price spread: +0.031% → −0.006%: $3.71
Slippage, 4 orders: −$75.51
Fee HTX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$100.64
Costs to cover: 1.035%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; Aevo: live order book, 51 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	8.9 bp −$89	18.4 bp −$1,836	46.6 bp −$23.3K
Sell Aevo live order book, 51 min ago	35.14 bp	43.3 bp −$43	57.6 bp −$576	doesn't fit	doesn't fit

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
Hibachi SOL/USDT-P	−0.0224%	1h	116.50	+0.243%	$105K	$704K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0194%	1h	116.26	+0.039%	$31.6M	$103.2M	100x	as long as short
Vest SOL-PERP	−0.0112%	1h	116.28	+0.052%	—	$601K	20x	as long as short
Bybit SOLUSDT	−0.0092%	8h	116.24	+0.021%	$746.8M	$1.40B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.28	+0.056%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0025%	1h	116.17	−0.039%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.27	+0.050%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.27	+0.052%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0011%	1h	116.31	+0.081%	$4.4M	$24.2M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.27	+0.049%	$7.6M	$404.3M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0064%	1h	116.31	+0.082%	$99K	$175K	20x	as long as short
Bullet SOL-USD	+0.0068%	1h	116.27	+0.047%	$147K	$1.6M	20x	as long as short
Bitget SOLUSDT	+0.0085%	8h	116.28	+0.052%	$480.5M	$448.2M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0094%	8h	116.24	+0.020%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.34	+0.112%	$13.1M	$60.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.33	+0.099%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERPshort	+0.0096%	1h	116.25	+0.031%	$350K	$247K	20x
Katana Perps SOL-USD	+0.0099%	8h	116.24	+0.021%	$60K	$899K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.35	+0.118%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.29	+0.064%	$5.3M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.40	+0.159%	$700.5M	$395.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.30	+0.077%	$174.2M	$183.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.35	+0.119%	$15.8M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.32	+0.091%	$970.0M	$3.83B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.32	+0.090%	$366.6M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.30	+0.073%	$218K	$860K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.34	+0.110%	$923K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.27	+0.043%	$131.6M	$15.2M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.34	+0.107%	$858.1M	$672.2M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.32	+0.090%	$373.6M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.32	+0.089%	$122.9M	$226.8M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.26	+0.040%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.26	+0.039%	$23.0M	$40.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.35	+0.120%	$25.1M	$114.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.43	+0.187%	$93.5M	$401.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.43	+0.185%	$47.6M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.50	+0.248%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.48	+0.228%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.26	+0.039%	$320K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.19	−0.022%	$25K	$32K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.26	+0.035%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.25	+0.030%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDTlong	+0.0100%	8h	116.22	long leg	$225.1M	$48.3M	75x
Phemex SOLUSDT	+0.0100%	8h	116.26	+0.039%	$45.3M	$103.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.25	+0.026%	$8.3M	$37.9M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.50	+0.245%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.44	+0.194%	—	$235.8M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.57	+0.305%	$6.5M	$13.8M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0170%	1h	116.30	+0.075%	$26.2M	$23.1M	50x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.24	+0.022%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.24	+0.021%	$51.8M	$67.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0179%	1h	116.26	+0.039%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.30	+0.069%	$118K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0560%	1h	116.46	+0.207%	$25K	$52K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.37	+0.133%	$1.9M	$4.8M	20x	as long as short