Funding you earn now, next payment 23:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h −0.063%
Price spread now: Aster against Hibachi−0.066%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)−0.271%−$27 · spread now −0.066%, 7d avg −0.032%
=Together, before fees−0.246%+ Points / potential airdropHibachi: Active · Aster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.034% cheaper against Hibachi than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.032%). If the spread goes back, that is −$3 on $10k: about 30 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.026% in total) that is about 9.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SOL/USDT-P | 119.16 | 0.0008 | pay 0.0001% / 1h | 50m 24s | $120K | $618K | 20x |
| Short | Aster SOLUSDT | 119.09 | 0.0100 | get 0.0100% / 8h | 1h 50m | $178.5M | $176.2M | 100x |
Hibachi SOL/USDT-P
Aster SOLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $19.32
- Price spread: −0.066% → −0.032%
- −$3.41
- Slippage, 4 orders
- −$2.32
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$3.4
- Costs to cover
- 0.193%
- Break-even
- 8.2 days
Slippage from Hibachi: live order book, 34 min ago; Aster: live order book, 4 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, 34 min ago | 0.50 bp | 5.0 bp −$5 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 0.42 bp | 4.9 bp −$5 | 5.2 bp −$52 | 8.0 bp −$797 | 26.6 bp −$13.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERP | −0.0094% | 1h | 119.01 | −0.130% | $2.0M | $3.1M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.16 | −0.002% | $845 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0063% | 1h | 119.07 | −0.081% | — | $724K | 20x | as long as short |
| dYdX SOL-USD | −0.0004% | 1h | 119.15 | −0.013% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.09 | −0.063% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.22 | +0.045% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.11 | −0.050% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-Plong | +0.0008% | 1h | 119.16 | long leg | $120K | $618K | 20x | |
| Phoenix SOL | +0.0054% | 1h | 119.37 | +0.172% | $6.6M | $13.6M | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0055% | 1h | 119.26 | +0.080% | $24K | $47K | 20x | as long as short |
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Phoenix SOL
Aftermath Perps SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0065% | 8h | 119.11 | −0.050% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0068% | 8h | 119.13 | −0.029% | $232.0M | $44.6M | 75x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.08 | −0.074% | — | $375.3M | — | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.15 | −0.012% | $13.6M | $55.0M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.16 | −0.007% | $2.1M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 119.15 | −0.012% | $104K | $153K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.08 | −0.068% | $353K | $748K | 20x | as long as short |
| Gate SOL_USDT | +0.0097% | 8h | 119.08 | −0.071% | $866.9M | $676.2M | 100x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.13 | −0.031% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.12 | −0.038% | $46K | $791K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.11 | −0.044% | $6.3M | $41.8M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.20 | +0.029% | $719.0M | $414.0M | 20x | as long as short |
| Aster SOLUSDTshort | +0.0100% | 8h | 119.09 | −0.066% | $178.5M | $176.2M | 100x | |
| Pacifica SOL | +0.0100% | 1h | 119.20 | +0.026% | $12.4M | $116.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.07 | −0.076% | $980.9M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.09 | −0.063% | $822.3M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.09 | −0.063% | $371.4M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.10 | −0.054% | $234K | $875K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.19 | +0.025% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.15 | −0.011% | $133.6M | $9.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.10 | −0.054% | $436.8M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.10 | −0.054% | $140.6M | $199.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.09 | −0.065% | $495.1M | $454.1M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.11 | −0.046% | $24.1M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.16 | 0.000% | $27.4M | $127.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.37 | +0.175% | $95.9M | $397.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.47 | +0.258% | $48.9M | $32.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.31 | +0.124% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.17 | +0.004% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.09 | −0.063% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.09 | −0.064% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.10 | −0.057% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.13 | −0.031% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.08 | −0.071% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.10 | −0.054% | $46.5M | $102.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.07 | −0.083% | $8.7M | $36.5M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.12 | −0.035% | $8.2M | $414.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.12 | −0.040% | — | $222.1M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0134% | 1h | 119.16 | −0.001% | $26.7M | $27.6M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.10 | −0.058% | $32.7M | $94.8M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0089% | 1h | 119.10 | −0.053% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.09 | −0.063% | $1.1M | $558K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.17 | +0.003% | $1.6M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.41 | +0.206% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.05 | −0.096% | $52.0M | $86.9M | 125x | as long as short |
Orderly PERP_SOL_USDC
HTX SOL-USDT
BingX SOL-USDT
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Aevo SOL-PERP
Gate SOL_USDT
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT