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−0.0095%/8h= −10.4% APRnext payment $0.95 per $10,000 · paid last 24h +0.006%
Price spread now: HTX against OKX−0.050%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now −0.050%, 7d avg +0.009%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.059% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOL-USDT-SWAP119.230.0100pay 0.0100% / 8h7h 25m$371.4M$1.70B100x
ShortHTX SOL-USDT119.170.0005get 0.0005% / 8h7h 25m$231.9M$43.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
−$19.86
Price spread: −0.050% → +0.009%
−$5.91
Slippage, 4 orders
−$1.98
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$49.75
Costs to cover
0.240%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; HTX: live order book, 3 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 OKX live order book, 3 min ago0.42 bp5.4 bp −$55.4 bp −$549.6 bp −$95919.0 bp −$9,492
Sell HTX live order book, 3 min ago0.00 bp6.3 bp −$610.1 bp −$10117.5 bp −$1,75345.8 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
Hotstuff SOL-PERP−0.0080%1h119.03−0.169%$844$8K25xas long as short
Vest SOL-PERP−0.0077%1h119.10−0.105%$608K20xas long as short
Derive SOL-PERP−0.0062%1h119.15−0.066%$2.0M$2.7M13xas long as short
Bluefin SOL-PERP−0.0042%1h119.230.000%$37K$17K25xas long as short
dYdX SOL-USD−0.0020%1h119.14−0.076%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.27+0.035%$32.4M$96.5M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.23−0.003%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.10−0.109%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.19−0.036%$154K$3.8M8.3xas long as short
HTX SOL-USDTshort+0.0005%8h119.17−0.050%$231.9M$43.9M75x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOLUSDT+0.0018%8h119.21−0.017%$46.7M$99.8M50xas long as short
01 Exchange SOLUSD+0.0032%1h119.19−0.034%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0032%1h119.09−0.120%$101K$657K20xas long as short
BingX SOL-USDT+0.0080%8h119.21−0.014%$366.4Mas long as short
Orderly PERP_SOL_USDC+0.0082%8h119.24+0.008%$1.1M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.28+0.045%$8.1M$410.9M50xas long as short
Lighter SOL+0.0096%1h119.22−0.004%$14.2M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.20−0.023%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.230.000%$349K$249K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.20−0.025%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.16−0.059%$45K$782K20xas long as short
Nado SOL-PERP+0.0100%1h119.14−0.071%$5.9M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.32+0.075%$723.6M$399.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.18−0.044%$179.8M$176.9M100xas long as short
Pacifica SOL+0.0100%1h119.20−0.026%$12.2M$124.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.22−0.008%$981.6M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.25+0.017%$825.4M$1.25B100xas long as short
OKX SOL-USDT-SWAPlong+0.0100%8h119.23long leg$371.4M$1.70B100x
Ondo Perps SOL-USD.P+0.0100%1h119.03−0.168%$233K$834K10xas long as short
Arcus SOL-USD+0.0100%1h119.12−0.091%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.07−0.134%$136.4M$9.7M20xas long as short
Gate SOL_USDT+0.0100%8h119.22−0.008%$855.0M$667.0M100xas long as short
MEXC SOL_USDT+0.0100%8h119.20−0.025%$432.7M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.19−0.037%$138.6M$202.5M75xas long as short
Bitget SOLUSDT+0.0100%8h119.22−0.006%$494.8M$440.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.20−0.025%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h119.24+0.004%$27.0M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h118.93−0.255%$95.5M$401.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.95−0.235%$48.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.93−0.252%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h119.06−0.143%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.18−0.042%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.20−0.025%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.22−0.008%$194K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24+0.008%$6.3M$10.8M20xas long as short
Extended SOL-USD+0.0104%1h119.14−0.077%$8.6M$35.0M50xas long as short
Phoenix SOL+0.0114%1h119.19−0.034%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.230.000%$219.2M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0145%1h119.29+0.053%$26.7M$24.8M50xas long as short
RISEx SOL/USDC+0.0161%1h119.18−0.045%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.23−0.003%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.185%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0181%1h119.04−0.159%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h119.17−0.052%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.05−0.151%$51.9M$76.3M125xas long as short