SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0161%/8h= +17.7% APRnext payment +$0.20 per $10,000 · paid last 24h −0.031%

Price spread now: SoDEX against Hibachi−0.046%51s7-day average −0.035% · 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—prices read too far apart to compare

costs, in and out, $10k−$200.200% of the position

Long on Hibachi Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.012%−$1 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.046%, 7d avg −0.035%

Together, before fees−0.020%+ Points / potential airdropHibachi: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi SOL/USDT-P	116.60	−0.0144	get 0.0018% / 1h	38m 28s	$96K	$683K	20x
Short	SoDEX SOL-USD	116.55	0.0017	get 0.0002% / 1h	38m 28s	$6.1M	$11.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.046%Rate

Funding earned: $33.86
Price spread: −0.046% → −0.035%: −$1.11
Slippage, 4 orders: −$3
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $12.74
Costs to cover: 0.200%
Break-even: 4.4 days

Slippage from Hibachi: live order book, just now; SoDEX: live order book, 6 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, just now	1.07 bp	5.6 bp −$6	18.9 bp −$189	doesn't fit	doesn't fit
Sell SoDEX live order book, 6 min ago	0.43 bp	4.4 bp −$4	5.0 bp −$50	16.0 bp −$1,604	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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.61	+0.003%	$32.5M	$106.4M	100x	as long as short
Hibachi SOL/USDT-Plong	−0.0144%	1h	116.60	long leg	$96K	$683K	20x
Bybit SOLUSDT	−0.0110%	8h	116.43	−0.149%	$735.9M	$1.43B	100x	as long as short
Derive SOL-PERP	−0.0095%	1h	116.53	−0.062%	$1.9M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.54	−0.055%	$1K	$8K	25x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.85	+0.211%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0049%	1h	116.47	−0.118%	—	$633K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.57	−0.030%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.60	−0.003%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.60	−0.003%	$106K	$3.5M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0007%	1h	116.54	−0.058%	$4.3M	$23.5M	20x	as long as short
SoDEX SOL-USDshort	+0.0017%	1h	116.55	−0.046%	$6.1M	$11.0M	20x
Lighter RH SOL	+0.0024%	1h	116.50	−0.088%	$2.1M	$16.7M	25x	as long as short
Bitget SOLUSDT	+0.0025%	8h	116.44	−0.140%	$480.5M	$457.4M	100x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.49	−0.098%	$99K	$178K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.58	−0.025%	$8.0M	$401.5M	50x	as long as short
Aster SOLUSDT	+0.0057%	8h	116.46	−0.123%	$176.9M	$168.6M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0074%	8h	116.56	−0.040%	$1.0M	$5.9M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0084%	1h	116.63	+0.022%	$26.4M	$21.9M	50x	as long as short
Paradex SOL-USD-PERP	+0.0094%	8h	116.52	−0.069%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.52	−0.072%	$13.2M	$60.4M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.50	−0.091%	$351K	$256K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.44	−0.141%	$66K	$909K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.43	−0.147%	$5.4M	$41.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.63	+0.022%	$703.3M	$405.7M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.56	−0.036%	$15.7M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.45	−0.132%	$965.0M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.45	−0.132%	$369.2M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.64	+0.031%	$218K	$832K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.50	−0.092%	$891K	$8.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.49	−0.098%	$851.4M	$661.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.47	−0.115%	$368.0M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.52	−0.069%	$132.2M	$233.9M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.45	−0.133%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.55	−0.046%	$23.0M	$35.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.64	+0.033%	$25.0M	$108.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.64	+0.032%	$93.6M	$405.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.69	+0.074%	$47.7M	$29.2M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.72	+0.100%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.52	−0.072%	$1.3M	$11.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.45	−0.132%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.58	−0.018%	$242K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.59	−0.010%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.47	−0.112%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.57	−0.026%	$225.7M	$50.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.55	−0.046%	$45.3M	$104.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	−0.046%	$126.1M	$26.3M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.44	−0.142%	$8.2M	$37.5M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.52	−0.070%	—	$233.8M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.76	+0.134%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.42	−0.158%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.57	−0.029%	$51.9M	$66.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.58	−0.021%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0480%	1h	116.67	+0.059%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.54	−0.055%	$2.1M	$4.8M	20x	as long as short