Funding you earn now, next payment 23:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.095%
Price spread now: ApeX Omni against Hibachi+0.088%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 3 days (all we have)−0.406%−$41 · spread now +0.088%, 7d avg −0.055%
=Together, before fees−0.665%+ Points / potential airdropHibachi: Active · farm board−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.143% dearer against Hibachi than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.260%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SOL/USDT-P | 119.29 | 0.0024 | pay 0.0003% / 1h | 31m 14s | $120K | $611K | 20x |
| Short | ApeX Omni SOLUSDT | 119.40 | 0.0100 | get 0.0013% / 1h | 31m 14s | $1.5M | $6.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hibachi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $15.96
- Price spread: +0.088% → −0.055%
- $14.27
- Slippage, 4 orders
- −$2.76
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $8.47
- Costs to cover
- 0.218%
- Break-even
- 3.3 days
Slippage from Hibachi: live order book, 53 min ago; ApeX Omni: 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 Hibachi live order book, 53 min ago | 0.50 bp | 5.0 bp −$5 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 0.84 bp | 5.9 bp −$6 | 8.9 bp −$89 | 67.3 bp −$6,730 | 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 | −0.0162% | 1h | 119.17 | −0.102% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0095% | 1h | 119.09 | −0.169% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.28 | −0.007% | $846 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0060% | 1h | 119.22 | −0.058% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.28 | −0.006% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.25 | −0.034% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.26 | −0.024% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.24 | −0.045% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-Plong | +0.0024% | 1h | 119.29 | long leg | $120K | $611K | 20x | |
| Phoenix SOL | +0.0054% | 1h | 119.36 | +0.057% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOL_USDC-PERPETUAL | +0.0066% | 1h | 119.23 | −0.052% | $26.7M | $27.6M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 119.19 | −0.085% | $1.1M | $5.9M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0075% | 1h | 119.41 | +0.102% | $24K | $47K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.24 | −0.042% | — | $374.2M | — | as long as short |
| Gate SOL_USDT | +0.0083% | 8h | 119.24 | −0.044% | $869.9M | $682.4M | 100x | as long as short |
| HTX SOL-USDT | +0.0083% | 8h | 119.11 | −0.150% | $232.0M | $44.8M | 75x | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 119.29 | −0.002% | $104K | $153K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.17 | −0.103% | $13.6M | $55.6M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.16 | −0.114% | $2.1M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.19 | −0.085% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.18 | −0.090% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.25 | −0.035% | $47K | $794K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.24 | −0.043% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.36 | +0.057% | $718.7M | $416.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.23 | −0.053% | $178.5M | $176.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.28 | −0.010% | $12.4M | $117.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.17 | −0.103% | $985.7M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.18 | −0.094% | $823.3M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.14 | −0.127% | $371.3M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.26 | −0.027% | $233K | $886K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.31 | +0.017% | $2.0M | $8.9M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.26 | −0.027% | $451.5M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.27 | −0.019% | $140.9M | $200.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.16 | −0.111% | $495.0M | $455.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.25 | −0.035% | $24.1M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.41 | +0.100% | $27.9M | $128.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.40 | +0.092% | $95.9M | $399.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.40 | +0.087% | $48.9M | $31.8M | 20x | as long as short |
| ApeX Omni SOLUSDTshort | +0.0100% | 1h | 119.40 | +0.088% | $1.5M | $6.2M | 50x | |
| StandX SOL-USD | +0.0100% | 1h | 119.27 | −0.019% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.26 | −0.027% | $365K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.24 | −0.040% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.18 | −0.097% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.18 | −0.094% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.19 | −0.086% | $46.6M | $101.9M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.75 | +0.383% | $134.3M | $8.4M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.15 | −0.122% | $8.7M | $36.2M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.21 | −0.072% | $8.2M | $414.9M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.30 | +0.010% | — | $223.1M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.17 | −0.102% | $32.6M | $95.7M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0085% | 1h | 119.24 | −0.041% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.23 | −0.050% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.31 | +0.013% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.13 | −0.136% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.17 | −0.102% | $52.2M | $82.7M | 125x | as long as short |
ApeX Omni SOLUSDT
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Aftermath Perps SOLUSD
BingX SOL-USDT
Gate SOL_USDT
HTX SOL-USDT
01 Exchange SOLUSD
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT