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: HTX against KuCoin+0.065%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$320.315% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.065%, 7d avg −0.023%

Together, before fees−0.129%−$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: HTX is 0.088% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOLUSDTM	115.67	0.0100	pay 0.0100% / 8h	2h 24m	$124.7M	$229.7M	75x
Short	HTX SOL-USDT	115.75	0.0100	get 0.0100% / 8h	2h 24m	$224.2M	$50.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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 KuCoinbpFee HTXbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → −0.023%: $8.82
Slippage, 4 orders: −$7.52
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$22.7
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; HTX: live order book, 4 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 KuCoin live order book, 4 min ago	0.04 bp	7.3 bp −$7	9.9 bp −$99	16.5 bp −$1,645	doesn't fit
Sell HTX live order book, 4 min ago	0.89 bp	6.9 bp −$7	10.4 bp −$104	22.6 bp −$2,262	45.8 bp −$22.9K

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	−0.0241%	1h	115.73	+0.053%	$31.6M	$103.0M	100x	as long as short
Hibachi SOL/USDT-P	−0.0168%	1h	115.58	−0.079%	$103K	$693K	20x	as long as short
BingX SOL-USDT	−0.0116%	8h	115.69	+0.014%	—	$369.0M	—	as long as short
Bybit SOLUSDT	−0.0112%	8h	115.68	+0.009%	$739.2M	$1.42B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.00	+0.282%	$1K	$8K	25x	as long as short
Vest SOL-PERP	−0.0078%	1h	115.71	+0.036%	—	$625K	20x	as long as short
Derive SOL-PERP	−0.0073%	1h	115.67	+0.001%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.77	+0.085%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.73	+0.051%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	115.80	+0.115%	$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
dYdX SOL-USD	+0.0011%	1h	115.75	+0.069%	$4.3M	$24.0M	20x	as long as short
01 Exchange SOLUSD	+0.0024%	1h	115.78	+0.095%	$98K	$176K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	115.72	+0.046%	$7.7M	$402.8M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0063%	1h	115.77	+0.088%	$26.2M	$21.9M	50x	as long as short
Bitget SOLUSDT	+0.0066%	8h	115.75	+0.067%	$477.1M	$457.2M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0096%	8h	115.77	+0.084%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	115.72	+0.041%	$13.0M	$61.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	115.71	+0.033%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	115.74	+0.058%	$348K	$247K	20x	as long as short
Aster SOLUSDT	+0.0099%	8h	115.68	+0.009%	$174.0M	$185.4M	100x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	115.73	+0.052%	$62K	$911K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.78	+0.096%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.79	+0.105%	$5.2M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.73	+0.052%	$684.3M	$401.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	115.74	+0.058%	$15.6M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.71	+0.036%	$962.2M	$3.88B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.71	+0.035%	$360.6M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.57	−0.086%	$215K	$869K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.83	+0.135%	$914K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	115.84	+0.148%	$125.6M	$19.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	115.65	−0.017%	$839.3M	$668.8M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.67	0.000%	$354.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTMlong	+0.0100%	8h	115.67	long leg	$124.7M	$229.7M	75x
Backpack SOL_USDC_PERP	+0.0100%	1h	115.68	+0.009%	$22.8M	$39.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.53	−0.125%	$24.7M	$114.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	115.59	−0.070%	$92.8M	$406.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.69	+0.017%	$47.4M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	115.61	−0.052%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	115.60	−0.061%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	115.74	+0.061%	$319K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	115.77	+0.086%	$147K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.75	+0.073%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	115.78	+0.091%	$188K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	115.73	+0.052%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDTshort	+0.0100%	8h	115.75	+0.065%	$224.2M	$50.0M	75x
Phemex SOLUSDT	+0.0100%	8h	115.68	+0.009%	$45.0M	$104.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.60	−0.061%	$7.9M	$38.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.76	+0.082%	—	$240.3M	500x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	115.66	−0.009%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	115.69	+0.017%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.73	+0.055%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	115.68	+0.009%	$51.5M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.77	+0.086%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	115.86	+0.163%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0589%	1h	115.82	+0.128%	$25K	$53K	20x	as long as short