Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against HTX−0.046%50s7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$150.152% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.046%, 7d avg +0.016%

Together, before fees+0.134%+$13 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: MEXC is 0.061% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOL-USDT	116.81	0.0100	pay 0.0100% / 8h	1h 56m	$226.2M	$50.7M	75x
Short	MEXC SOL_USDT	116.76	0.0100	get 0.0100% / 8h	1h 56m	$364.2M	$1.07B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → +0.016%: −$6.14
Slippage, 4 orders: −$1.18
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$21.32
Costs to cover: 0.152%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago	0.00 bp	6.2 bp −$6	7.9 bp −$79	15.2 bp −$1,517	40.6 bp −$20.3K
Sell MEXC live order book, 3 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.9 bp −$290	4.7 bp −$2,339

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
Bybit SOLUSDT	−0.0106%	8h	116.73	−0.071%	$741.8M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.93	+0.102%	$1K	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0080%	1h	116.84	+0.020%	$98K	$684K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.80	−0.008%	$33.0M	$104.0M	100x	as long as short
Vest SOL-PERP	−0.0025%	1h	116.76	−0.042%	—	$625K	20x	as long as short
Derive SOL-PERP	−0.0010%	1h	116.71	−0.089%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.84	+0.023%	$42K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.80	−0.013%	$4.3M	$23.8M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.83	+0.014%	$1.5M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.76	−0.044%	$110K	$3.6M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SOL	+0.0024%	1h	116.74	−0.063%	$2.2M	$16.7M	25x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.80	−0.011%	$100K	$178K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.79	−0.019%	$8.0M	$406.5M	50x	as long as short
Bitget SOLUSDT	+0.0056%	8h	116.75	−0.059%	$481.3M	$461.6M	100x	as long as short
SoDEX SOL-USD	+0.0092%	1h	116.77	−0.037%	$6.1M	$10.9M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0092%	8h	116.78	−0.033%	$1.0M	$6.0M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.74	−0.066%	$13.1M	$60.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.81	−0.004%	$351K	$247K	20x	as long as short
Aster SOLUSDT	+0.0097%	8h	116.79	−0.020%	$176.0M	$176.5M	100x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	116.76	−0.047%	$1.0M	$551K	50x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.76	−0.046%	$64K	$910K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.71	−0.084%	$5.5M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.89	+0.063%	$700.7M	$408.8M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.80	−0.016%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.77	−0.037%	$970.0M	$3.90B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.76	−0.046%	$371.6M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.67	−0.123%	$217K	$886K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.81	−0.007%	$906K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.05	+0.201%	$126.2M	$23.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.73	−0.071%	$847.7M	$661.8M	100x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	116.76	−0.046%	$364.2M	$1.07B	300x
KuCoin SOLUSDTM	+0.0100%	8h	116.75	−0.054%	$128.9M	$232.0M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.78	−0.024%	—	$372.3M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.78	−0.029%	$23.1M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.86	+0.043%	$24.7M	$113.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.81	−0.006%	$93.8M	$409.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.91	+0.085%	$47.8M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.95	+0.117%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.99	+0.151%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.76	−0.046%	$317K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.85	+0.030%	$236K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.79	−0.023%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.86	+0.037%	$190K	$1.8M	30x	as long as short
HTX SOL-USDTlong	+0.0100%	8h	116.81	long leg	$226.2M	$50.7M	75x
Phemex SOLUSDT	+0.0100%	8h	116.80	−0.011%	$45.4M	$105.5M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0102%	1h	116.84	+0.023%	$26.5M	$22.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.74	−0.063%	$8.1M	$39.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.88	+0.057%	—	$235.6M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	117.09	+0.237%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.94	+0.108%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0194%	1h	116.75	−0.057%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.81	−0.003%	$52.1M	$68.5M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.84	+0.019%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.86	+0.037%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0491%	1h	116.94	+0.107%	$25K	$56K	20x	as long as short