Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: HTX against StandX−0.025%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.306% of the position

Long on StandX Short on HTX

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)−0.122%−$12 · spread now −0.025%, 7d avg −0.009%

Together, before fees−0.169%+ Points / potential airdropStandX: Active · farm board−$17 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	116.58	0.0100	pay 0.0013% / 1h	15m 44s	$1.3M	$12.9M	30x
Short	HTX SOL-USDT	116.55	0.0100	get 0.0100% / 8h	4h 15m	$226.2M	$47.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against StandX. 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 StandXbpFee HTXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → −0.009%: −$1.55
Slippage, 4 orders: −$10.55
Fee StandX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$32.11
Costs to cover: 0.306%
Break-even: never at this rate

Slippage from StandX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 3 min ago	4.29 bp	8.3 bp −$8	8.6 bp −$86	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	0.00 bp	6.6 bp −$7	9.5 bp −$95	19.7 bp −$1,967	42.4 bp −$21.2K

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
Hibachi SOL/USDT-P	−0.0144%	1h	116.69	+0.094%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.58	+0.002%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.64	+0.055%	$912	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.61	+0.025%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.64	+0.055%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.60	+0.017%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0031%	1h	116.54	−0.032%	$1.9M	$2.9M	13x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.65	+0.060%	$99K	$172K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.62	+0.031%	$7.4M	$404.5M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.61	+0.029%	$31.0M	$100.0M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0091%	8h	116.62	+0.034%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.63	+0.041%	$13.0M	$60.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.61	+0.021%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.60	+0.017%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.57	−0.009%	$51K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.68	+0.085%	$1.0M	$549K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.60	+0.020%	$5.4M	$39.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.70	+0.103%	$704.6M	$395.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.60	+0.017%	$174.8M	$182.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.65	+0.056%	$15.7M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.63	+0.043%	$970.0M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.58	0.000%	$782.2M	$1.35B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.66	+0.069%	$368.9M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.53	−0.043%	$231K	$845K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.65	+0.057%	$926K	$9.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.59	+0.009%	$841.3M	$663.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.59	+0.009%	$384.1M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.53	−0.040%	$128.5M	$219.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.58	+0.003%	$479.0M	$441.2M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.58	−0.002%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.55	−0.026%	$23.4M	$38.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.52	−0.048%	$24.4M	$113.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.57	−0.008%	$93.6M	$398.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.54	−0.033%	$47.6M	$30.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.64	+0.051%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USDlong	+0.0100%	1h	116.58	long leg	$1.3M	$12.9M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	116.61	+0.026%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.58	+0.002%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.58	0.000%	$25K	$30K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.62	+0.036%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.61	+0.026%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDTshort	+0.0100%	8h	116.55	−0.025%	$226.2M	$47.2M	75x
Phemex SOLUSDT	+0.0100%	8h	116.63	+0.043%	$45.7M	$102.2M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.70	+0.103%	$133.2M	$21.0M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.52	−0.053%	$8.2M	$37.2M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0105%	1h	116.66	+0.066%	$26.3M	$24.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.64	+0.047%	—	$231.1M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.73	+0.129%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.63	+0.043%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.59	+0.008%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.70	+0.103%	$52.1M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.60	+0.020%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.66	+0.065%	$139K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0530%	1h	116.67	+0.080%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.71	+0.107%	$1.9M	$4.9M	20x	as long as short