SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.071%

Price spread now: dYdX against Hibachi+0.079%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$280.285% of the position

Long on Hibachi Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)−0.840%−$84 · spread now +0.079%, 7d avg −0.028%

Together, before fees−0.913%+ Points / potential airdropHibachi: Active · farm board−$91 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.107% dearer against Hibachi than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.028%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi SOL/USDT-P	117.59	0.0112	pay 0.0014% / 1h	7m 59s	$104K	$655K	20x
Short	dYdX SOL-USD	117.68	0.0071	get 0.0009% / 1h	7m 59s	$8.2M	$21.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Hibachi. 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 HibachibpFee dYdXbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$8.61
Price spread: +0.079% → −0.028%: $10.67
Slippage, 4 orders: −$9.46
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$26.41
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Hibachi: live order book, 26 min ago; dYdX: live order book, 1 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, 26 min ago	0.22 bp	4.8 bp −$5	16.4 bp −$164	doesn't fit	doesn't fit
Sell dYdX live order book, 1 min ago	2.97 bp	8.0 bp −$8	32.8 bp −$328	60.9 bp −$6,089	90.5 bp −$45.3K

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	117.62	+0.030%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	117.62	+0.026%	$32.6M	$100.1M	100x	as long as short
Bybit SOLUSDT	−0.0047%	8h	117.62	+0.028%	$740.2M	$1.32B	100x	as long as short
Phemex SOLUSDT	−0.0022%	8h	117.60	+0.011%	$45.7M	$101.8M	50x	as long as short
Vest SOL-PERP	−0.0007%	1h	117.62	+0.025%	—	$520K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.63	+0.035%	$40K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.64	+0.047%	$1.3M	$18.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.62	+0.028%	$100K	$3.0M	8.3x	as long as short
Bitget SOLUSDT	+0.0024%	8h	117.59	+0.003%	$484.9M	$426.0M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	117.64	+0.042%	$8.2M	$387.9M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOLUSDT	+0.0053%	8h	117.63	+0.038%	$178.8M	$164.9M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0065%	8h	117.57	−0.018%	$1.0M	$5.5M	100x	as long as short
dYdX SOL-USDshort	+0.0071%	1h	117.68	+0.079%	$8.2M	$21.3M	20x
Lighter SOL	+0.0096%	1h	117.60	+0.007%	$13.2M	$57.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.59	0.000%	$2.2M	$15.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.53	−0.052%	$357K	$235K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	117.65	+0.052%	$1.0M	$555K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.68	+0.079%	$46K	$831K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.64	+0.049%	$5.5M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.72	+0.113%	$715.2M	$385.1M	20x	as long as short
Pacifica SOL	+0.0100%	1h	117.70	+0.093%	$15.9M	$122.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.64	+0.045%	$973.6M	$3.63B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.63	+0.036%	$366.4M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.78	+0.164%	$221K	$827K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.68	+0.075%	$920K	$8.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.61	+0.019%	$858.0M	$630.8M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.59	+0.002%	$417.6M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.61	+0.022%	$133.0M	$231.9M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	117.60	+0.007%	—	$353.2M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.62	+0.028%	$23.3M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.69	+0.083%	$25.1M	$102.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.49	−0.085%	$94.4M	$406.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.68	+0.075%	$48.2M	$27.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.24	−0.296%	$1.1M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.62	+0.028%	$1.3M	$10.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.62	+0.028%	$323K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.61	+0.018%	$285K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.59	0.000%	$27K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.58	−0.009%	$191K	$1.6M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.57	−0.015%	$6.2M	$11.1M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.61	+0.023%	$227.6M	$47.0M	75x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.65	+0.050%	$127.3M	$25.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	117.50	−0.071%	$8.4M	$34.9M	50x	as long as short
01 Exchange SOLUSD	+0.0104%	1h	117.69	+0.087%	$101K	$182K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0105%	1h	117.64	+0.048%	$26.5M	$20.2M	50x	as long as short
Hibachi SOL/USDT-Plong	+0.0112%	1h	117.59	long leg	$104K	$655K	20x
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	117.63	+0.036%	—	$215.2M	500x	as long as short
Phoenix SOL	+0.0124%	1h	117.19	−0.338%	$6.5M	$13.4M	25x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−1.061%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0197%	1h	117.59	−0.001%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.59	+0.002%	$52.0M	$59.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0170%	1h	117.61	+0.021%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0405%	1h	117.41	−0.152%	$25K	$53K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	117.71	+0.101%	$2.2M	$4.8M	20x	as long as short