SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0659%/8h= +72.1% APRnext payment +$0.82 per $10,000 · paid last 24h +0.003%

Price spread now: RISEx against Hibachi−0.042%7-day average −0.025% · 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−$20as in the Price arb table

costs, in and out, $10k−$190.186% of the position

Long on Hibachi Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.100%+$10 on $10k

Price spread, last 4 days (all we have)−0.181%−$18 · spread now −0.042%, 7d avg −0.025%

Together, before fees−0.081%+ Points / potential airdropHibachi: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.100% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi SOL/USDT-P	116.77	−0.0208	get 0.0026% / 1h	5m 21s	$97K	$678K	20x
Short	RISEx SOL/USDC	116.72	0.0451	get 0.0056% / 1h	5m 21s	$2.1M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.042%Rate

Funding earned: $138.32
Price spread: −0.042% → −0.025%: −$1.72
Slippage, 4 orders: −$3.64
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: $117.96
Costs to cover: 0.186%
Break-even: 1.0 days

Slippage from Hibachi: live order book, 39 min ago; RISEx: live order book, 4 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, 39 min ago	0.56 bp	6.0 bp −$6	15.4 bp −$154	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	0.04 bp	3.0 bp −$3	7.5 bp −$75	doesn't fit	doesn't fit

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
Hibachi SOL/USDT-Plong	−0.0208%	1h	116.77	long leg	$97K	$678K	20x
Bybit SOLUSDT	−0.0113%	8h	116.62	−0.128%	$738.8M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.75	−0.013%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.71	−0.055%	$32.3M	$106.2M	100x	as long as short
Derive SOL-PERP	−0.0068%	1h	116.70	−0.063%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0046%	1h	116.64	−0.110%	—	$634K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.66	−0.093%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.77	−0.003%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.68	−0.075%	$106K	$3.5M	8.3x	as long as short
dYdX SOL-USD	+0.0016%	1h	116.70	−0.062%	$4.3M	$23.6M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SOLUSDT	+0.0037%	8h	116.63	−0.120%	$480.8M	$459.2M	100x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.68	−0.076%	$99K	$178K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.73	−0.035%	$8.0M	$403.0M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0057%	1h	116.74	−0.022%	$26.4M	$21.7M	50x	as long as short
Lighter RH SOL	+0.0064%	1h	116.63	−0.116%	$2.2M	$17.0M	25x	as long as short
Aster SOLUSDT	+0.0075%	8h	116.64	−0.114%	$176.5M	$169.6M	100x	as long as short
SoDEX SOL-USD	+0.0077%	1h	116.68	−0.076%	$6.1M	$11.0M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	116.63	−0.119%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0093%	8h	116.63	−0.118%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.65	−0.102%	$13.2M	$61.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.62	−0.129%	$351K	$252K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.61	−0.136%	$66K	$910K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.63	−0.119%	$5.6M	$41.2M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.76	−0.008%	$701.7M	$408.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.69	−0.070%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.63	−0.119%	$966.8M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.63	−0.119%	$367.8M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.64	−0.110%	$217K	$837K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.66	−0.092%	$900K	$8.7M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	−0.188%	$125.4M	$26.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.64	−0.110%	$850.0M	$676.2M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.63	−0.119%	$370.5M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.64	−0.110%	$133.1M	$233.1M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.64	−0.112%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.71	−0.051%	$23.1M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.69	−0.064%	$25.1M	$110.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.57	−0.173%	$93.6M	$408.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.63	−0.119%	$47.7M	$29.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.65	−0.102%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.66	−0.093%	$1.3M	$11.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.64	−0.110%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.65	−0.098%	$242K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.65	−0.104%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.76	−0.007%	$190K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.76	−0.008%	$226.1M	$50.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.69	−0.068%	$45.4M	$104.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.60	−0.143%	$8.0M	$38.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.67	−0.083%	—	$233.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.62	−0.128%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.73	−0.033%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.61	−0.134%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.71	−0.051%	$52.1M	$66.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.66	−0.095%	$3.5M	—	200x	as long as short
RISEx SOL/USDCshort	+0.0451%	1h	116.72	−0.042%	$2.1M	$4.9M	20x
Aftermath Perps SOLUSD	+0.0491%	1h	116.72	−0.040%	$25K	$57K	20x	as long as short