SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0378%/8h= +41.4% APRnext payment +$0.47 per $10,000 · paid last 24h +0.031%

Price spread now: Reya against Hibachi−0.059%7-day average −0.049% · you buy dearer than you sell

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

Long on Hibachi Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.145%+$14 on $10k

Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.059%, 7d avg −0.049%

Together, before fees+0.213%+ Points / potential airdropHibachi: Active · Reya: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi SOL/USDT-P	117.27	−0.0176	get 0.0022% / 1h	10m 07s	$100K	$648K	20x
Short	Reya SOLRUSDPERP	117.20	0.0202	get 0.0025% / 1h	10m 07s	$1.1M	$91K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.059%Rate

Funding earned: $79.35
Price spread: −0.059% → −0.049%: −$0.99
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: $63.36
Costs to cover: 0.150%
Break-even: 1.4 days

Slippage unknown: Hibachi: live order book, 32 min ago; Reya: 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, 32 min ago	0.64 bp	5.1 bp −$5	17.7 bp −$177	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 exchanges

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
Hibachi SOL/USDT-Plong	−0.0176%	1h	117.27	long leg	$100K	$648K	20x
Hotstuff SOL-PERP	−0.0080%	1h	117.27	−0.002%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0039%	8h	117.36	+0.077%	$724.8M	$1.20B	100x	as long as short
Derive SOL-PERP	−0.0019%	1h	117.19	−0.071%	$1.8M	$2.5M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.28	+0.006%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.34	+0.056%	$1.3M	$15.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.25	−0.016%	$98K	$2.5M	8.3x	as long as short
Vest SOL-PERP	+0.0010%	1h	117.27	−0.003%	—	$243K	20x	as long as short
Bitget SOLUSDT	+0.0014%	8h	117.36	+0.076%	$481.6M	$384.0M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0024%	1h	117.28	+0.002%	$8.5M	$359.9M	50x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0030%	8h	117.24	−0.026%	$981K	$4.8M	100x	as long as short
Injective SOL/USDC PERP	+0.0033%	1h	116.85	−0.361%	$4K	$113	12x	as long as short
Aster SOLUSDT	+0.0049%	8h	117.37	+0.083%	$177.0M	$155.4M	100x	as long as short
Aevo SOL-PERP	+0.0056%	1h	117.19	−0.067%	$343K	$257K	20x	as long as short
Binance SOLUSDT	+0.0059%	8h	117.38	+0.091%	$974.5M	$3.34B	100x	as long as short
MEXC SOL_USDT	+0.0059%	8h	117.26	−0.011%	$429.4M	$970.3M	300x	as long as short
SoDEX SOL-USD	+0.0064%	1h	117.25	−0.020%	$6.1M	$11.3M	20x	as long as short
dYdX SOL-USD	+0.0067%	1h	117.34	+0.056%	$9.2M	$16.1M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0071%	1h	117.32	+0.040%	$26.4M	$17.1M	50x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	117.31	+0.031%	$103K	$188K	20x	as long as short
Gate SOL_USDT	+0.0087%	8h	117.25	−0.020%	$842.8M	$585.3M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.28	+0.002%	$13.2M	$54.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.26	−0.010%	$2.2M	$13.1M	25x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.27	−0.003%	$24K	$907K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.32	+0.043%	$1.0M	$554K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.27	+0.001%	$5.6M	$38.5M	40x	as long as short
Pacifica SOL	+0.0100%	1h	117.36	+0.072%	$15.9M	$116.1M	20x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.35	+0.065%	$362.6M	$1.53B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.27	−0.003%	$223K	$754K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.33	+0.050%	$1.2M	$7.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.37	+0.083%	$128.5M	$9.1M	20x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.26	−0.010%	$133.3M	$227.8M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	117.26	−0.015%	—	$327.8M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.26	−0.011%	$23.1M	$34.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.22	−0.043%	$25.0M	$93.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.35	+0.063%	$94.2M	$353.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.36	+0.074%	$48.0M	$26.2M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.39	+0.100%	$1.0M	$4.1M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.25	−0.020%	$1.3M	$9.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.26	−0.011%	$323K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.27	+0.001%	$284K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.26	−0.010%	$26K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.25	−0.024%	$190K	$1.4M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.24	−0.028%	$226.9M	$39.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.27	−0.003%	$45.6M	$97.9M	50x	as long as short
Phoenix SOL	+0.0103%	1h	117.40	+0.108%	$6.6M	$11.6M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.20	−0.060%	$8.4M	$32.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	117.31	+0.029%	—	$207.7M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0128%	1h	117.28	+0.002%	$33.3M	$90.2M	100x	as long as short
BloFin SOL-USDT	+0.0179%	8h	117.33	+0.048%	$51.9M	$55.2M	125x	as long as short
Hyperliquid SOL	+0.0181%	1h	117.45	+0.151%	$737.3M	$368.1M	20x	as long as short
Reya SOLRUSDPERPshort	+0.0202%	1h	117.20	−0.059%	$1.1M	$91K	25x
GMX SOL/USD [SOL-USDC]	L +0.0240% / S −0.0186%	1h	117.27	−0.005%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0250%	1h	117.32	+0.041%	$2.2M	$3.6M	20x	as long as short
Aftermath Perps SOLUSD	+0.0420%	1h	117.32	+0.040%	$25K	$45K	20x	as long as short