Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.5% APRpaid last 24h −0.042%

Price spread now: Jupiter Perps against HTX+0.091%7-day average +0.005% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Jupiter Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.148%−$15 on $10k

Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.091%, 7d avg +0.005%

Together, before fees−0.239%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Jupiter Perps is 0.086% dearer against HTX than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.005%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 3 days (−0.148% in total) that is about 45 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOL-USDT	119.14	−0.0026	get 0.0026% / 8h	7h 10m	$231.8M	$44.2M	75x
Short	Jupiter Perps SOL-PERP	119.25	L +0.0120% / S +0.0048%	pay 0.0006% / 1h	10m 27s	—	$226.5M	500x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Jupiter Perps 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 Jupiter PerpsbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$4.71
Price spread: +0.091% → +0.005%: $8.61
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Net: −$20.1
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 4 min ago; Jupiter Perps: no order-book sample. Net counts fees only.

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, 4 min ago	0.00 bp	6.0 bp −$6	12.5 bp −$125	24.5 bp −$2,449	62.2 bp −$31.1K
Sell Jupiter Perps no order-book sample	—	—	—	—	—

Jupiter Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Derive SOL-PERP	−0.0082%	1h	119.08	−0.049%	$2.0M	$2.7M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.36	+0.185%	$933	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	119.30	+0.136%	—	$608K	20x	as long as short
Hibachi SOL/USDT-P	−0.0040%	1h	119.30	+0.131%	$109K	$670K	20x	as long as short
HTX SOL-USDTlong	−0.0026%	8h	119.14	long leg	$231.8M	$44.2M	75x
dYdX SOL-USD	−0.0018%	1h	119.36	+0.185%	$4.9M	$25.5M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	119.16	+0.016%	$32.4M	$97.1M	100x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.19	+0.038%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.20	+0.054%	$1.2M	$20.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.38	+0.199%	$125K	$3.9M	8.3x	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	+0.0032%	1h	119.39	+0.210%	$104K	$160K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0055%	1h	119.21	+0.058%	$26.7M	$24.8M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.34	+0.168%	—	$367.2M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	119.19	+0.038%	$1.0M	$5.9M	100x	as long as short
Bluefin SOL-PERP	+0.0085%	1h	119.18	+0.030%	$37K	$17K	25x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	119.20	+0.048%	$8.1M	$409.9M	50x	as long as short
Gate SOL_USDT	+0.0094%	8h	119.34	+0.168%	$857.0M	$672.4M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.39	+0.207%	$14.0M	$56.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.37	+0.193%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.15	+0.007%	$349K	$253K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.37	+0.190%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.33	+0.159%	$46K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.39	+0.211%	$6.2M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.51	+0.311%	$731.9M	$399.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.37	+0.193%	$180.4M	$176.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.41	+0.227%	$12.3M	$125.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.37	+0.190%	$982.9M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.41	+0.227%	$829.5M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.36	+0.185%	$373.4M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.29	+0.126%	$234K	$833K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.29	+0.124%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.76	−0.321%	$137.0M	$12.6M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.40	+0.218%	$434.1M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.37	+0.196%	$139.3M	$203.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.39	+0.211%	$495.5M	$438.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.16	+0.017%	$24.0M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.19	+0.038%	$24.9M	$130.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.20	+0.050%	$95.7M	$404.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.13	−0.005%	$48.8M	$29.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.26	+0.101%	$1.5M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.20	+0.050%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.39	+0.210%	$361K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.38	+0.201%	$203K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.20	+0.053%	$193K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.16	+0.017%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.18	+0.034%	$46.7M	$99.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.28	+0.116%	$8.6M	$34.9M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.28	+0.118%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERPshort	L +0.0120% / S +0.0048%	1h	119.25	+0.091%	—	$226.5M	500x
RISEx SOL/USDC	+0.0161%	1h	119.35	+0.172%	$1.8M	$4.5M	20x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.01	−0.109%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	119.37	+0.197%	$1.1M	$524K	25x	as long as short
Aftermath Perps SOLUSD	+0.0219%	1h	119.22	+0.066%	$25K	$51K	20x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.15	+0.008%	$51.9M	$74.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	119.18	+0.033%	$3.7M	—	200x	as long as short