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+0.0140%/8h= +15.4% APRnext payment +$1.40 per $10,000 · paid last 24h +0.002%
Price spread now: Katana Perps against HTX+0.094%7-day average +0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.010%+$1 on $10k
Price spread, last 3 days (all we have)−0.050%−$5 · spread now +0.094%, 7d avg +0.001%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Katana Perps is 0.093% dearer against HTX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOL-USDT117.96−0.0041get 0.0041% / 8h6h 47m$229.4M$45.0M75x
ShortKatana Perps SOL-USD118.070.0100get 0.0100% / 8h6h 47m$43K$829K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana 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

Funding earned
$29.49
Price spread: +0.094% → +0.001%
$9.33
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$23.02
Costs to cover
0.158%
Break-even
1.5 days
Slippage unknown: HTX: live order book, 2 min ago; Katana 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 2 min ago0.00 bp6.0 bp −$66.9 bp −$6913.4 bp −$1,33937.8 bp −$18.9K
Sell Katana Perps no order-book sample
Katana 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SOLUSDT−0.0218%1h118.08+0.103%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h118.04+0.070%$92K$706K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.09+0.115%$924$8K25xas long as short
Vest SOL-PERP−0.0078%1h118.00+0.035%$610K20xas long as short
HTX SOL-USDTlong−0.0041%8h117.96long leg$229.4M$45.0M75x
Gate SOL_USDT−0.0024%8h118.08+0.103%$853.7M$652.7M100xas long as short
Derive SOL-PERP−0.0022%1h117.99+0.027%$2.0M$2.7M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.03+0.060%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.09+0.108%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.11+0.131%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m118.14+0.155%$131K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0012%1h118.13+0.147%$26.4M$25.3M50xas long as short
RISEx SOL/USDC+0.0018%1h118.09+0.110%$1.8M$4.6M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.12+0.136%$31.6M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.11+0.128%$8.0M$411.9M50xas long as short
BingX SOL-USDT+0.0080%8h118.08+0.106%$369.9Mas long as short
Orderly PERP_SOL_USDC+0.0084%8h118.08+0.100%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0088%1h118.14+0.154%$103K$162K20xas long as short
Lighter SOL+0.0096%1h118.05+0.076%$13.5M$58.2M25xas long as short
Lighter RH SOL+0.0096%1h118.08+0.106%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h118.06+0.084%$346K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.08+0.106%$1.0M$520K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h118.07+0.094%$43K$829K20x
Nado SOL-PERP+0.0100%1h118.06+0.090%$5.7M$41.5M40xas long as short
Aster SOLUSDT+0.0100%8h118.09+0.110%$177.4M$180.4M100xas long as short
Pacifica SOL+0.0100%1h118.08+0.101%$14.1M$130.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.10+0.120%$978.0M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.11+0.128%$824.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.09+0.111%$368.8M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.00+0.035%$239K$908K10xas long as short
Arcus SOL-USD+0.0100%1h118.11+0.124%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.07+0.094%$423.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.10+0.117%$133.7M$207.8M75xas long as short
Bitget SOLUSDT+0.0100%8h118.05+0.079%$489.7M$445.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.13+0.145%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.97+0.007%$24.4M$129.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.07+0.095%$94.8M$404.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.16+0.169%$48.4M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h118.10+0.120%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.03+0.060%$354K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.03+0.059%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.06+0.087%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.10+0.116%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.07+0.094%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.08+0.103%$46.0M$101.5M50xas long as short
Bulk SOL-USD+0.0100%1h118.07+0.094%$135.9M$13.3M20xas long as short
Phoenix SOL+0.0101%1h118.22+0.221%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.04+0.071%$8.3M$35.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.18+0.186%$228.5M500xas long as short
Hyperliquid SOL+0.0122%1h118.20+0.204%$720.3M$402.4M20xas long as short
Reya SOLRUSDPERP+0.0187%1h117.99+0.025%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.04+0.069%$52.1M$74.3M125xas long as short
Injective SOL/USDC PERP+0.0222%1h119.50+1.306%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h118.02+0.054%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0302%1h118.07+0.097%$25K$51K20xas long as short