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: SunX against HTX+0.035%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$530.530% of the position

Long on HTX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.035%, 7d avg −0.006%

Together, before fees+0.035%+$4 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: SunX is 0.041% 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	116.14	0.0100	pay 0.0100% / 8h	2h 35m	$225.0M	$50.0M	75x
Short	SunX SOL-USDT	116.18	0.0100	get 0.0100% / 8h	2h 35m	$189K	$1.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → −0.006%: $4.08
Slippage, 4 orders: −$32.97
Fee HTX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$48.89
Costs to cover: 0.530%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; SunX: live order book, 11 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, 4 min ago	1.29 bp	7.3 bp −$7	9.8 bp −$98	17.9 bp −$1,794	38.4 bp −$19.2K
Sell SunX live order book, 11 min ago	2.31 bp	21.3 bp −$21	29.2 bp −$292	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
Kraken Futures PF_SOLUSD	−0.0240%	1h	116.18	+0.033%	$31.8M	$103.8M	100x	as long as short
Hibachi SOL/USDT-P	−0.0216%	1h	116.01	−0.117%	$104K	$706K	20x	as long as short
Derive SOL-PERP	−0.0125%	1h	116.09	−0.046%	$1.9M	$2.9M	13x	as long as short
Bybit SOLUSDT	−0.0116%	8h	115.97	−0.151%	$740.9M	$1.42B	100x	as long as short
BingX SOL-USDC	−0.0115%	8h	116.08	−0.054%	—	$10.6M	—	as long as short
Vest SOL-PERP	−0.0109%	1h	116.12	−0.017%	—	$625K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.37	+0.191%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.17	+0.025%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.19	+0.037%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.18	+0.028%	$113K	$3.7M	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	+0.0008%	1h	116.16	+0.014%	$99K	$177K	20x	as long as short
dYdX SOL-USD	+0.0013%	1h	116.13	−0.011%	$4.3M	$24.6M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.18	+0.030%	$7.8M	$405.2M	50x	as long as short
Bitget SOLUSDT	+0.0070%	8h	116.06	−0.068%	$480.6M	$454.9M	100x	as long as short
Bullet SOL-USD	+0.0078%	1h	116.17	+0.018%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	116.20	+0.049%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.15	+0.008%	$13.0M	$60.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.14	−0.002%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.18	+0.031%	$349K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.10	−0.038%	$65K	$906K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	116.21	+0.053%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.13	−0.014%	$5.3M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.17	+0.022%	$688.4M	$398.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.06	−0.076%	$174.2M	$184.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.19	+0.037%	$15.6M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.07	−0.067%	$963.8M	$3.88B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.97	−0.150%	$361.6M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.07	−0.064%	$216K	$874K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.19	+0.035%	$917K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.24	+0.080%	$130.1M	$16.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.13	−0.012%	$840.5M	$665.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.15	+0.005%	$358.8M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.14	−0.005%	$124.0M	$229.0M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.12	−0.021%	$22.9M	$40.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.00	−0.126%	$24.8M	$114.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	115.94	−0.173%	$93.1M	$405.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.99	−0.133%	$47.5M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.00	−0.125%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	115.96	−0.158%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.14	−0.003%	$319K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.17	+0.018%	$25K	$33K	25x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	116.18	+0.035%	$189K	$1.8M	30x
SoDEX SOL-USD	+0.0100%	1h	116.18	+0.031%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDTlong	+0.0100%	8h	116.14	long leg	$225.0M	$50.0M	75x
Phemex SOLUSDT	+0.0100%	8h	116.15	+0.005%	$45.2M	$104.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.13	−0.012%	$7.9M	$38.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.16	+0.010%	—	$239.1M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0123%	1h	116.24	+0.083%	$26.3M	$22.0M	50x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.350%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.11	−0.029%	$6.4M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	116.14	−0.005%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.16	+0.014%	$52.0M	$68.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.17	+0.022%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	116.21	+0.055%	$2.0M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0600%	1h	116.15	+0.005%	$25K	$52K	20x	as long as short