Funding you earn now, next payment 02:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.057%
Price spread now: 01 Exchange against Hibachi+0.130%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$290.295% of the position
Funding, last 3 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−1.603%−$160 · spread now +0.130%, 7d avg −0.009%
=Together, before fees−1.594%+ Points / potential airdropHibachi: Active · farm board−$159 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and 01 Exchange is 0.139% dearer against Hibachi than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SOL/USDT-P | 117.98 | −0.0040 | get 0.0005% / 1h | 26m 10s | $92K | $682K | 20x |
| Short | 01 Exchange SOLUSD | 118.13 | 0.0096 | get 0.0012% / 1h | 26m 10s | $103K | $160K | 20x |
Hibachi SOL/USDT-P
01 Exchange SOLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Hibachi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $28.56
- Price spread: +0.130% → −0.009%
- $13.86
- Slippage, 4 orders
- −$13.48
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $12.93
- Costs to cover
- 0.295%
- Break-even
- 3.8 days
Slippage from Hibachi: live order book, 43 min ago; 01 Exchange: live order book, 43 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, 43 min ago | 0.67 bp | 6.2 bp −$6 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell 01 Exchange live order book, 43 min ago | 1.26 bp | 10.3 bp −$10 | 16.4 bp −$164 | doesn't fit | doesn't fit |
SOL on 54 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.98 | +0.001% | $923 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0069% | 1h | 118.01 | +0.026% | — | $607K | 20x | as long as short |
| Derive SOL-PERP | −0.0049% | 1h | 118.06 | +0.074% | $2.0M | $2.8M | 13x | as long as short |
| Hibachi SOL/USDT-Plong | −0.0040% | 1h | 117.98 | long leg | $92K | $682K | 20x | |
| ApeX Omni SOLUSDT | −0.0003% | 1h | 117.89 | −0.069% | $1.5M | $6.0M | 50x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.13 | +0.129% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.96 | −0.014% | $4.5M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.99 | +0.008% | $1.4M | $21.1M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.12 | +0.125% | $129K | $3.9M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 118.08 | +0.091% | $2.0M | $4.7M | 20x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
ApeX Omni SOLUSDT
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
RISEx SOL/USDCShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SOL_USDT | +0.0042% | 8h | 118.12 | +0.121% | $856.1M | $661.4M | 100x | as long as short |
| HTX SOL-USDT | +0.0044% | 8h | 118.10 | +0.104% | $229.5M | $45.5M | 75x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 118.15 | +0.146% | $31.7M | $98.7M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 118.16 | +0.157% | $8.0M | $410.7M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.14 | +0.141% | — | $369.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 118.16 | +0.152% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.15 | +0.148% | $13.1M | $59.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.13 | +0.131% | $2.2M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSDshort | +0.0096% | 1h | 118.13 | +0.130% | $103K | $160K | 20x | |
| Aevo SOL-PERP | +0.0096% | 1h | 118.15 | +0.145% | $346K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 118.11 | +0.109% | $1.0M | $519K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.04 | +0.053% | $63K | $853K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.01 | +0.032% | $5.7M | $41.7M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.14 | +0.137% | $177.4M | $180.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.06 | +0.069% | $14.4M | $128.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.14 | +0.140% | $973.7M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.15 | +0.146% | $823.7M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.14 | +0.138% | $367.0M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.01 | +0.028% | $239K | $894K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.09 | +0.100% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.00 | +0.019% | $135.1M | $14.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.15 | +0.147% | $425.3M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.14 | +0.140% | $131.8M | $210.4M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.12 | +0.120% | $489.2M | $440.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.14 | +0.138% | $23.8M | $37.4M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.14 | +0.134% | $24.5M | $122.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.87 | −0.087% | $94.7M | $403.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.78 | −0.163% | $48.2M | $29.0M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.02 | +0.037% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.12 | +0.121% | $355K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.12 | +0.123% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.11 | +0.113% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.05 | +0.059% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.15 | +0.147% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.11 | +0.113% | $46.0M | $101.5M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.98 | +0.003% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.12 | +0.119% | $8.2M | $36.0M | 50x | as long as short |
| Hyperliquid SOL | +0.0110% | 1h | 118.23 | +0.215% | $722.5M | $402.7M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 118.05 | +0.066% | — | $226.3M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0122% | 1h | 118.19 | +0.181% | $26.5M | $25.5M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 118.10 | +0.107% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 117.87 | −0.091% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 118.12 | +0.123% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0323% | 1h | 117.90 | −0.069% | $25K | $51K | 20x | as long as short |
Gate SOL_USDT
HTX SOL-USDT
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Reya SOLRUSDPERP
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD