SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h +0.055%

Price spread now: Hibachi against Coinbase International+0.002%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$220.218% of the position

Long on Coinbase International Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 3 days (all we have)+0.031%+$3 · spread now +0.002%, 7d avg +0.003%

Together, before fees−0.031%+ Points / potential airdropHibachi: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SOL-PERP-INTX	117.97	0.0072	pay 0.0009% / 1h	26m 59s	$8.0M	$410.2M	50x
Short	Hibachi SOL/USDT-P	117.98	−0.0040	pay 0.0005% / 1h	26m 59s	$92K	$682K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Coinbase International. 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 Coinbase InternationalbpFee HibachibpOrdersPrice spread, now +0.002%Rate

Funding earned: −$23.52
Price spread: +0.002% → +0.003%: −$0.06
Slippage, 4 orders: −$2.76
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$45.34
Costs to cover: 0.218%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; Hibachi: live order book, 42 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 Coinbase International live order book, 2 min ago	0.04 bp	5.4 bp −$5	8.1 bp −$81	17.2 bp −$1,721	doesn't fit
Sell Hibachi live order book, 42 min ago	0.67 bp	5.2 bp −$5	20.1 bp −$201	doesn't fit	doesn't fit

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	118.06	+0.074%	$923	$8K	25x	as long as short
Vest SOL-PERP	−0.0069%	1h	117.96	−0.013%	—	$607K	20x	as long as short
Derive SOL-PERP	−0.0049%	1h	117.89	−0.070%	$2.0M	$2.8M	13x	as long as short
Hibachi SOL/USDT-Pshort	−0.0040%	1h	117.98	+0.002%	$92K	$682K	20x
ApeX Omni SOLUSDT	−0.0003%	1h	117.89	−0.067%	$1.5M	$6.0M	50x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.99	+0.013%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	118.03	+0.047%	$4.5M	$24.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.06	+0.075%	$1.4M	$21.1M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.06	+0.070%	$129K	$3.9M	8.3x	as long as short
RISEx SOL/USDC	+0.0018%	1h	118.02	+0.037%	$2.0M	$4.7M	20x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0038%	8h	117.94	−0.027%	$229.2M	$45.5M	75x	as long as short
Gate SOL_USDT	+0.0038%	8h	117.95	−0.020%	$855.1M	$661.3M	100x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.94	−0.030%	$31.6M	$98.8M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0070%	1h	118.02	+0.035%	$26.5M	$25.5M	50x	as long as short
Coinbase International SOL-PERP-INTXlong	+0.0072%	1h	117.97	long leg	$8.0M	$410.2M	50x
BingX SOL-USDC	+0.0080%	8h	117.92	−0.042%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0087%	8h	118.00	+0.020%	$1.1M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.96	−0.011%	$13.1M	$59.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.94	−0.025%	$2.2M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	118.06	+0.073%	$103K	$160K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.97	−0.001%	$346K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.07	+0.086%	$1.0M	$519K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.00	+0.022%	$63K	$853K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.05	+0.060%	$5.7M	$41.7M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.98	+0.009%	$177.2M	$180.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.07	+0.084%	$14.4M	$128.9M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.95	−0.020%	$972.1M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.00	+0.026%	$822.6M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.98	+0.005%	$366.4M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.94	−0.029%	$238K	$894K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.03	+0.051%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.55	−0.357%	$134.7M	$14.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.93	−0.037%	$424.9M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.96	−0.010%	$131.6M	$210.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.91	−0.058%	$488.3M	$440.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.96	−0.012%	$23.8M	$37.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.72	−0.218%	$24.4M	$125.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.87	−0.085%	$94.7M	$403.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.78	−0.161%	$48.2M	$29.0M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.87	−0.088%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.02	+0.039%	$355K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.02	+0.037%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.97	+0.001%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.01	+0.027%	$192K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.96	−0.012%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.97	−0.003%	$46.0M	$101.6M	50x	as long as short
Phoenix SOL	+0.0101%	1h	117.98	+0.005%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.89	−0.072%	$8.2M	$35.9M	50x	as long as short
Hyperliquid SOL	+0.0108%	1h	118.07	+0.081%	$721.5M	$402.6M	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	118.05	+0.064%	—	$226.9M	500x	as long as short
Reya SOLRUSDPERP	+0.0188%	1h	118.01	+0.032%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.87	−0.088%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	118.00	+0.019%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0321%	1h	117.86	−0.097%	$25K	$51K	20x	as long as short