Funding you earn now, next payment 01:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.14 per $10,000 · paid last 24h −0.061%
Price spread now: Bulk against Hibachi−0.122%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Funding, last 3 days (all we have)−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)−0.189%−$19 · spread now −0.122%, 7d avg −0.032%
=Together, before fees−0.210%+ Points / potential airdropHibachi: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.090% cheaper against Hibachi than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of −0.032%). If the spread goes back, that is −$9 on $10k: about 2.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SOL/USDT-P | 118.90 | −0.0008 | get 0.0001% / 1h | 16m 43s | $100K | $650K | 20x |
| Short | Bulk SOL-USD | 118.76 | 0.0100 | get 0.0013% / 1h | 16m 43s | $137.0M | $12.6M | 20x |
Hibachi SOL/USDT-P
Bulk SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- $22.68
- Price spread: −0.122% → −0.032%
- −$8.98
- Slippage, 4 orders
- −$12.09
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$14.4
- Costs to cover
- 0.281%
- Break-even
- 11.4 days
Slippage from Hibachi: live order book, 57 min ago; Bulk: live order book, 2 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, 57 min ago | 0.04 bp | 5.3 bp −$5 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 2 min ago | 4.21 bp | 7.7 bp −$8 | 7.7 bp −$77 | 7.7 bp −$771 | 7.7 bp −$3,855 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.05 | +0.127% | $931 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0079% | 1h | 118.95 | +0.040% | — | $608K | 20x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 118.93 | +0.020% | $2.0M | $2.7M | 13x | as long as short |
| dYdX SOL-USD | −0.0020% | 1h | 119.21 | +0.259% | $4.9M | $25.8M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 119.02 | +0.097% | $32.4M | $97.3M | 100x | as long as short |
| Hibachi SOL/USDT-Plong | −0.0008% | 1h | 118.90 | long leg | $100K | $650K | 20x | |
| HTX SOL-USDT | −0.0001% | 8h | 118.96 | +0.048% | $231.3M | $44.1M | 75x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.00 | +0.082% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.09 | +0.154% | $1.2M | $20.1M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.05 | +0.126% | $154K | $3.8M | 8.3x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
dYdX SOL-USD
Kraken Futures PF_SOLUSD
HTX SOL-USDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0032% | 1h | 119.05 | +0.124% | $104K | $160K | 20x | as long as short |
| Bluefin SOL-PERP | +0.0061% | 1h | 119.01 | +0.087% | $37K | $17K | 25x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.18 | +0.234% | — | $366.8M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0083% | 8h | 119.01 | +0.088% | $1.0M | $5.8M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0086% | 1h | 119.07 | +0.137% | $26.7M | $24.8M | 50x | as long as short |
| Gate SOL_USDT | +0.0088% | 8h | 119.12 | +0.183% | $857.3M | $669.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 119.03 | +0.111% | $8.1M | $410.0M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.18 | +0.233% | $14.1M | $56.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.14 | +0.199% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.95 | +0.043% | $349K | $257K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.00 | +0.086% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.99 | +0.074% | $47K | $786K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.03 | +0.107% | $5.9M | $40.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.25 | +0.292% | $726.4M | $397.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.18 | +0.235% | $180.1M | $176.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.22 | +0.267% | $12.3M | $125.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.20 | +0.250% | $981.4M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.23 | +0.278% | $826.4M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.19 | +0.242% | $371.3M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.01 | +0.090% | $233K | $831K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.04 | +0.117% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USDshort | +0.0100% | 1h | 118.76 | −0.122% | $137.0M | $12.6M | 20x | |
| MEXC SOL_USDT | +0.0100% | 8h | 119.15 | +0.208% | $431.0M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.17 | +0.221% | $138.8M | $203.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.15 | +0.205% | $494.1M | $439.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.06 | +0.133% | $24.0M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.93 | +0.019% | $25.0M | $130.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.89 | −0.013% | $95.5M | $403.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.91 | +0.006% | $48.7M | $29.3M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 118.86 | −0.036% | $1.5M | $6.1M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.00 | +0.082% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.02 | +0.099% | $362K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.96 | +0.050% | $203K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.02 | +0.101% | $193K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.01 | +0.090% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.04 | +0.116% | $46.7M | $99.7M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.12 | +0.180% | $8.6M | $34.9M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.10 | +0.166% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.99 | +0.077% | — | $219.3M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 119.02 | +0.103% | $1.8M | $4.5M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0165% / S −0.0081% | 1h | 118.98 | +0.065% | $3.7M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 119.01 | +0.090% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0186% | 1h | 118.98 | +0.062% | $1.1M | $524K | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0201% | 1h | 119.02 | +0.098% | $25K | $50K | 20x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.04 | +0.116% | $51.9M | $75.0M | 125x | as long as short |
01 Exchange SOLUSD
Bluefin SOL-PERP
BingX SOL-USDT
Orderly PERP_SOL_USDC
Deribit SOL_USDC-PERPETUAL
Gate SOL_USDT
Coinbase International SOL-PERP-INTX
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus 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
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Phoenix SOL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Reya SOLRUSDPERP
Aftermath Perps SOLUSD
BloFin SOL-USDT