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+0.0215%/8h= +23.6% APRnext payment +$2.15 per $10,000 · paid last 24h −0.002%
Price spread now: HTX against Bybit0.000%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)−0.127%−$13 · spread now 0.000%, 7d avg −0.017%
Together, before fees−0.065%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT115.60−0.0115get 0.0115% / 8h2h 28m$738.7M$1.42B100x
ShortHTX SOL-USDT115.600.0100get 0.0100% / 8h2h 28m$223.9M$50.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$45.19
Price spread: 0.000% → −0.017%
$1.65
Slippage, 4 orders
−$2.64
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$21.2
Costs to cover
0.256%
Break-even
3.7 days
Slippage from Bybit: live order book, 1 min ago; HTX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.43 bp5.9 bp −$66.7 bp −$679.8 bp −$98522.4 bp −$11.2K
Sell HTX live order book, 1 min ago0.89 bp6.9 bp −$710.4 bp −$10422.6 bp −$2,26245.8 bp −$22.9K

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD−0.0242%1h115.63+0.025%$31.6M$103.2M100xas long as short
Hibachi SOL/USDT-P−0.0184%1h115.87+0.235%$104K$693K20xas long as short
BingX SOL-USDT−0.0116%8h115.64+0.033%$368.1Mas long as short
Bybit SOLUSDTlong−0.0115%8h115.60long leg$738.7M$1.42B100x
Vest SOL-PERP−0.0088%1h115.65+0.042%$625K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.18+0.504%$1K$8K25xas long as short
Derive SOL-PERP−0.0073%1h115.53−0.059%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.61+0.009%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h115.66+0.056%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m115.67+0.059%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0012%1h115.72+0.105%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0016%1h115.65+0.043%$98K$177K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0027%1h115.67+0.061%$26.2M$22.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h115.66+0.048%$7.8M$402.5M50xas long as short
Bitget SOLUSDT+0.0067%8h115.63+0.022%$478.6M$455.9M100xas long as short
Bullet SOL-USD+0.0089%1h115.60+0.003%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDC+0.0096%8h115.63+0.029%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h115.63+0.026%$12.9M$61.0M25xas long as short
Lighter RH SOL+0.0096%1h115.62+0.017%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h115.63+0.022%$348K$247K20xas long as short
Aster SOLUSDT+0.0099%8h115.63+0.026%$173.4M$184.9M100xas long as short
Katana Perps SOL-USD+0.0099%8h115.61+0.009%$62K$911K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h115.69+0.074%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h115.65+0.042%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h115.73+0.112%$685.1M$400.2M20xas long as short
Pacifica SOL+0.0100%1h115.71+0.098%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h115.64+0.035%$961.6M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h115.63+0.026%$360.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.64+0.035%$215K$869K10xas long as short
Arcus SOL-USD+0.0100%1h115.68+0.069%$913K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.84+0.208%$125.6M$19.8M20xas long as short
Gate SOL_USDT+0.0100%8h115.62+0.017%$838.3M$667.9M100xas long as short
MEXC SOL_USDT+0.0100%8h115.64+0.035%$356.2M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.63+0.025%$124.3M$229.5M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.65+0.043%$22.8M$39.8M50xas long as short
Variational Omni SOL+0.0100%8h115.67+0.058%$24.7M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h115.77+0.151%$92.9M$406.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.76+0.138%$47.4M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h115.81+0.183%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h115.83+0.199%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h115.600.000%$317K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h115.61+0.012%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h115.63+0.022%$188K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h115.62+0.017%$6.0M$10.9M20xas long as short
HTX SOL-USDTshort+0.0100%8h115.600.000%$223.9M$50.0M75x
Phemex SOLUSDT+0.0100%8h115.65+0.043%$45.0M$104.6M50xas long as short
Extended SOL-USD+0.0104%1h115.56−0.036%$7.9M$38.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h115.62+0.019%$239.6M500xas long as short
Injective SOL/USDC PERP+0.0173%1h116.55+0.822%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h115.87+0.234%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h115.59−0.012%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h115.73+0.112%$51.5M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h115.61+0.006%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h115.71+0.098%$1.9M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0598%1h115.86+0.228%$25K$53K20xas long as short