SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.063%

Price spread now: Ondo Perps against Hibachi−0.206%7-day average −0.071% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 3 days (all we have)−0.209%−$21 · spread now −0.206%, 7d avg −0.071%

Together, before fees−0.117%+ Points / potential airdropHibachi: Active · Ondo Perps: Active · farm board−$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.134% cheaper against Hibachi than usual: you would sell low and buy high (spread −0.206% now, against its 7-day average of −0.071%). If the spread goes back, that is −$13 on $10k: about 5.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi SOL/USDT-P	119.53	0.0024	pay 0.0003% / 1h	33m 58s	$120K	$611K	20x
Short	Ondo Perps SOL-USD.P	119.28	0.0100	get 0.0013% / 1h	33m 58s	$234K	$885K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hibachi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpOrdersPrice spread, now −0.206%Rate

Funding earned: $15.96
Price spread: −0.206% → −0.071%: −$13.44
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$11.48
Costs to cover: 0.140%
Break-even: 12.0 days

Slippage unknown: Hibachi: live order book, 50 min ago; Ondo 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hibachi live order book, 50 min ago	0.50 bp	5.0 bp −$5	20.3 bp −$203	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin SOL-PERP	−0.0222%	1h	119.39	−0.116%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0095%	1h	119.29	−0.197%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.46	−0.053%	$847	$8K	25x	as long as short
Vest SOL-PERP	−0.0062%	1h	119.27	−0.214%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.40	−0.103%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.39	−0.111%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.39	−0.114%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.34	−0.154%	$181K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-Plong	+0.0024%	1h	119.53	long leg	$120K	$611K	20x
Phoenix SOL	+0.0054%	1h	119.38	−0.122%	$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
Orderly PERP_SOL_USDC	+0.0067%	8h	119.39	−0.110%	$1.1M	$5.9M	100x	as long as short
Aftermath Perps SOLUSD	+0.0071%	1h	119.49	−0.032%	$24K	$47K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.45	−0.066%	—	$374.7M	—	as long as short
HTX SOL-USDT	+0.0081%	8h	119.31	−0.179%	$232.4M	$44.7M	75x	as long as short
Gate SOL_USDT	+0.0083%	8h	119.36	−0.139%	$870.8M	$681.6M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0085%	1h	119.45	−0.066%	$26.7M	$27.6M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.39	−0.114%	$13.6M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.37	−0.129%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	119.31	−0.181%	$104K	$153K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.38	−0.123%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.37	−0.134%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.30	−0.189%	$47K	$794K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.37	−0.133%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.49	−0.030%	$719.5M	$415.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.40	−0.105%	$178.7M	$176.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.44	−0.075%	$12.4M	$117.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.45	−0.063%	$988.0M	$3.80B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.43	−0.080%	$824.8M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.44	−0.072%	$371.9M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.Pshort	+0.0100%	1h	119.28	−0.206%	$234K	$885K	10x
Arcus SOL-USD	+0.0100%	1h	119.40	−0.108%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.47	−0.047%	$452.1M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.39	−0.110%	$141.1M	$200.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.46	−0.055%	$496.3M	$455.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.43	−0.080%	$24.1M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.41	−0.096%	$27.9M	$128.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.50	−0.022%	$96.0M	$399.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.44	−0.072%	$48.9M	$31.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.56	+0.029%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.50	−0.022%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.26	−0.222%	$365K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.27	−0.214%	$201K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.41	−0.093%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.39	−0.114%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.35	−0.147%	$46.6M	$101.9M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.75	+0.186%	$134.3M	$8.4M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.44	−0.076%	$8.7M	$36.3M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.43	−0.083%	$8.2M	$415.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.40	−0.107%	—	$222.6M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0149%	1h	119.42	−0.086%	$32.7M	$95.6M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0086%	1h	119.38	−0.119%	$3.7M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.25	−0.229%	$1.1M	$557K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.36	−0.141%	$1.7M	$6.0M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.331%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.49	−0.030%	$52.2M	$82.9M	125x	as long as short