SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.093%

Price spread now: Hibachi against gTrade (Gains Network)+0.048%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$275as in the Price arb table

costs, in and out, $10k−$2802.800% of the position

Long on gTrade (Gains Network)Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hibachi is 0.048% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SOL/USD	119.25	L −0.0005% / S +0.0004%	get 0.0001% / 1h	28m 05s	$106K	—	150x
Short	Hibachi SOL/USDT-P	119.30	0.0032	get 0.0004% / 1h	28m 05s	$120K	$611K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee HibachibpOrdersPrice spread, now +0.048%Rate

Funding earned: $7.83
Price spread: +0.048% → 0.000%: $4.75
Slippage, 4 orders: −$261.03
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$267.45
Costs to cover: 2.800%
Break-even: 246.2 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Hibachi: live order book, 56 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	515.4 bp −$51.5K	2868.9 bp −$1.43M
Sell Hibachi live order book, 56 min ago	0.50 bp	5.0 bp −$5	21.7 bp −$217	doesn't fit	doesn't fit

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
Bluefin SOL-PERP	−0.0118%	1h	119.23	−0.015%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0086%	1h	119.13	−0.095%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.34	+0.075%	$846	$8K	25x	as long as short
Vest SOL-PERP	−0.0060%	1h	119.24	−0.008%	—	$722K	20x	as long as short
gTrade (Gains Network) SOL/USDlong	L −0.0005% / S +0.0004%	1h	119.25	long leg	$106K	—	150x
dYdX SOL-USD	−0.0001%	1h	119.34	+0.081%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.37	+0.105%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.24	−0.008%	$178K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-Pshort	+0.0032%	1h	119.30	+0.048%	$120K	$611K	20x
Phoenix SOL	+0.0054%	1h	119.24	−0.007%	$6.6M	$13.6M	25x	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	+0.0067%	8h	119.22	−0.022%	$1.1M	$5.9M	100x	as long as short
Aftermath Perps SOLUSD	+0.0078%	1h	119.34	+0.075%	$24K	$47K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.19	−0.053%	—	$10.5M	—	as long as short
HTX SOL-USDT	+0.0084%	8h	119.15	−0.081%	$232.0M	$45.0M	75x	as long as short
Gate SOL_USDT	+0.0086%	8h	119.17	−0.065%	$869.9M	$683.5M	100x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	119.35	+0.086%	$104K	$154K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.17	−0.062%	$13.6M	$55.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.16	−0.078%	$2.1M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.18	−0.055%	$353K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.27	+0.015%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.31	+0.052%	$47K	$794K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.36	+0.094%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.23	−0.015%	$717.6M	$416.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.22	−0.020%	$178.4M	$176.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.35	+0.086%	$12.4M	$117.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.14	−0.091%	$985.2M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.17	−0.068%	$823.5M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.12	−0.107%	$370.9M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.08	−0.141%	$233K	$885K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.38	+0.113%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.16	−0.077%	$133.7M	$8.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.17	−0.065%	$452.9M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.19	−0.045%	$141.2M	$201.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.13	−0.098%	$494.9M	$455.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.18	−0.057%	$24.1M	$38.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.26	+0.010%	$27.9M	$128.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.40	+0.129%	$95.9M	$399.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.09	−0.129%	$48.8M	$31.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.40	+0.125%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.28	+0.027%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.29	+0.035%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.22	−0.023%	$202K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.31	+0.049%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.17	−0.065%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.18	−0.057%	$46.5M	$102.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.18	−0.061%	$8.7M	$36.3M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.20	−0.036%	$8.2M	$415.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.38	+0.113%	—	$223.3M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0145%	1h	119.25	+0.001%	$26.7M	$27.6M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0150%	1h	119.17	−0.066%	$32.6M	$95.8M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0085%	1h	119.25	−0.001%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.23	−0.018%	$1.1M	$557K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.38	+0.114%	$1.7M	$6.0M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.099%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.28	+0.027%	$52.3M	$82.8M	125x	as long as short