Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h −0.091%
Price spread now: Jupiter Perps against Hibachi+0.024%55s7-day average −0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.170%−$17 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.024%, 7d avg −0.026%
Together, before fees−0.278%+ Points / potential airdropHibachi: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Jupiter Perps is 0.050% dearer against Hibachi than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.026%. Mind the row above: over the last 3 days funding on this pair cost −0.170%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi SOL/USDT-P116.43−0.0208get 0.0026% / 1h10m 30s$104K$703K20x
ShortJupiter Perps SOL-PERP116.46L +0.0120% / S +0.0048%pay 0.0006% / 1h10m 30s$235.8M500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Jupiter Perps 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

Funding earned
$33.6
Price spread: +0.024% → −0.026%
$5.04
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
$17.64
Costs to cover
0.210%
Break-even
3.3 days
Slippage unknown: Hibachi: live order book, 43 min ago; Jupiter Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi live order book, 43 min ago1.15 bp6.4 bp −$618.1 bp −$181doesn't fitdoesn't fit
Sell Jupiter Perps no order-book sample
Jupiter Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-Plong−0.0208%1h116.43long leg$104K$703K20x
Kraken Futures PF_SOLUSD−0.0193%1h116.44+0.007%$31.4M$102.4M100xas long as short
Vest SOL-PERP−0.0106%1h116.33−0.082%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.41−0.018%$1K$8K25xas long as short
Bybit SOLUSDT−0.0066%8h116.28−0.128%$749.9M$1.40B100xas long as short
Derive SOL-PERP−0.0030%1h116.33−0.087%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.38−0.042%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.46+0.028%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0011%1h116.430.000%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.44+0.013%$7.6M$404.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SOL-USD+0.0062%1h116.35−0.065%$147K$1.6M20xas long as short
01 Exchange SOLUSD+0.0064%1h116.38−0.042%$99K$175K20xas long as short
Bitget SOLUSDT+0.0090%8h116.35−0.068%$480.2M$447.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0093%1h116.47+0.036%$26.2M$23.1M50xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.41−0.019%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.38−0.043%$13.1M$60.5M25xas long as short
Lighter RH SOL+0.0096%1h116.36−0.058%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.42−0.012%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.34−0.077%$61K$896K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.41−0.019%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.36−0.062%$5.4M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.48+0.043%$701.6M$395.9M20xas long as short
Aster SOLUSDT+0.0100%8h116.36−0.060%$174.3M$183.3M100xas long as short
Pacifica SOL+0.0100%1h116.41−0.019%$15.7M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.37−0.051%$970.6M$3.83B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.39−0.034%$367.3M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.37−0.051%$224K$846K10xas long as short
Arcus SOL-USD+0.0100%1h116.41−0.017%$920K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.46+0.026%$132.4M$15.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.36−0.060%$854.7M$668.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.38−0.042%$367.9M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.38−0.047%$128.7M$224.3M75xas long as short
BingX SOL-USDT+0.0100%8h116.36−0.056%$365.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.41−0.017%$23.0M$40.2M50xas long as short
Variational Omni SOL+0.0100%8h116.28−0.125%$25.0M$114.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.48+0.042%$93.5M$400.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.47+0.034%$47.7M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.54+0.092%$1.3M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.46+0.026%$1.3M$12.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.36−0.060%$319K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.41−0.013%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.41−0.021%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.42−0.008%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.38−0.045%$225.5M$48.2M75xas long as short
Phemex SOLUSDT+0.0100%8h116.42−0.008%$45.3M$103.4M50xas long as short
Extended SOL-USD+0.0104%1h116.33−0.090%$8.2M$37.8M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.70+0.232%$4K$2K12xas long as short
Jupiter Perps SOL-PERPshortL +0.0120% / S +0.0048%1h116.46+0.024%$235.8M500x
Phoenix SOL+0.0151%1h116.60+0.146%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0192%1h116.33−0.084%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.42−0.008%$51.9M$67.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.40−0.024%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.38−0.046%$129K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0561%1h116.45+0.014%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0575%1h116.52+0.075%$25K$52K20xas long as short