Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: OKX against HTX+0.080%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$230.234% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 4 days (all we have)+0.289%+$29 · spread now +0.080%, 7d avg 0.000%

Together, before fees+0.254%+$25 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: OKX is 0.080% dearer against HTX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOL-USDT	116.20	0.0100	pay 0.0100% / 8h	7h 38m	$225.0M	$50.5M	75x
Short	OKX SOL-USDT-SWAP	116.29	0.0100	get 0.0100% / 8h	7h 38m	$366.0M	$1.74B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $0
Price spread: +0.080% → 0.000%: $7.98
Slippage, 4 orders: −$1.35
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$15.37
Costs to cover: 0.234%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; OKX: live order book, 6 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, 1 min ago	0.00 bp	6.4 bp −$6	10.8 bp −$108	17.7 bp −$1,770	43.3 bp −$21.6K
Sell OKX live order book, 6 min ago	0.43 bp	5.4 bp −$5	5.5 bp −$55	9.1 bp −$905	21.1 bp −$10.6K

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
Hotstuff SOL-PERP	−0.0080%	1h	116.19	−0.004%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	116.30	+0.091%	$32.3M	$105.5M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.28	+0.076%	$42K	—	150x	as long as short
Vest SOL-PERP	−0.0001%	1h	116.22	+0.024%	—	$636K	20x	as long as short
dYdX SOL-USD	0.0000%	1h	116.25	+0.047%	$4.3M	$23.3M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.18	−0.015%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.24	+0.035%	$99K	$3.4M	8.3x	as long as short
Derive SOL-PERP	+0.0007%	1h	116.19	−0.005%	$1.8M	$2.9M	13x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0023%	1h	116.33	+0.113%	$26.2M	$21.6M	50x	as long as short
Bitget SOLUSDT	+0.0025%	8h	116.30	+0.085%	$479.7M	$451.8M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOLUSDT	+0.0029%	8h	116.26	+0.054%	$731.0M	$1.39B	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.30	+0.088%	$7.8M	$393.2M	50x	as long as short
Aster SOLUSDT	+0.0052%	8h	116.25	+0.045%	$176.9M	$169.6M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0068%	8h	116.26	+0.055%	$1.0M	$5.9M	100x	as long as short
Gate SOL_USDT	+0.0073%	8h	116.27	+0.063%	$848.3M	$610.4M	100x	as long as short
SoDEX SOL-USD	+0.0089%	1h	116.26	+0.054%	$6.1M	$11.0M	20x	as long as short
Lighter SOL	+0.0096%	1h	116.26	+0.057%	$13.0M	$56.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.25	+0.048%	$2.2M	$14.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.25	+0.048%	$351K	$249K	20x	as long as short
Paradex SOL-USD-PERP	+0.0097%	8h	116.18	−0.017%	$1.0M	$554K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.21	+0.011%	$64K	$901K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.22	+0.021%	$5.4M	$41.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.40	+0.175%	$695.5M	$404.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.23	+0.024%	$15.7M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.26	+0.055%	$961.4M	$3.83B	100x	as long as short
OKX SOL-USDT-SWAPshort	+0.0100%	8h	116.29	+0.080%	$366.0M	$1.74B	100x
Ondo Perps SOL-USD.P	+0.0100%	1h	116.14	−0.049%	$218K	$844K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.26	+0.052%	$932K	$8.5M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.28	+0.071%	$374.4M	$1.05B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.26	+0.057%	$129.7M	$237.4M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.29	+0.083%	—	$371.8M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.31	+0.097%	$22.9M	$36.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.24	+0.033%	$24.8M	$105.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.27	+0.064%	$93.4M	$404.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.40	+0.174%	$47.6M	$28.5M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.30	+0.088%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.28	+0.071%	$1.3M	$11.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.28	+0.071%	$318K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.27	+0.064%	$282K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.25	+0.046%	$189K	$1.7M	30x	as long as short
HTX SOL-USDTlong	+0.0100%	8h	116.20	long leg	$225.0M	$50.5M	75x
Phemex SOLUSDT	+0.0100%	8h	116.26	+0.054%	$45.2M	$103.2M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.25	+0.044%	$125.8M	$25.7M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.23	+0.024%	$8.2M	$36.4M	50x	as long as short
Hibachi SOL/USDT-P	+0.0104%	1h	116.31	+0.100%	$100K	$683K	20x	as long as short
01 Exchange SOLUSD	+0.0112%	1h	116.31	+0.097%	$101K	$182K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.15	−0.039%	—	$230.9M	500x	as long as short
Phoenix SOL	+0.0124%	1h	116.33	+0.114%	$6.5M	$13.4M	25x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	+0.123%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0197%	1h	116.24	+0.034%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.24	+0.037%	$52.0M	$64.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.27	+0.065%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0408%	1h	116.34	+0.121%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	116.29	+0.077%	$2.1M	$4.8M	20x	as long as short
Bluefin SOL-PERP	+0.0800%	1h	116.25	+0.044%	$27K	$36K	25x	as long as short