Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h +0.047%
Price spread now: Hibachi against Jupiter Perps+0.090%7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.090%, 7d avg +0.025%
Together, before fees+0.013%+ Points / potential airdropHibachi: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.065% dearer against Jupiter Perps than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.025%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps SOL-PERP116.61L +0.0120% / S +0.0056%pay 0.0015% / 1h50m 45s$221.3M500x
ShortHibachi SOL/USDT-P116.71−0.0016pay 0.0002% / 1h50m 45s$103K$700K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Jupiter Perps. 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

Funding earned
−$28.56
Price spread: +0.090% → +0.025%
$6.48
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$43.08
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; Hibachi: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Jupiter Perps no order-book sample
Sell Hibachi live order book, 8 min ago1.03 bp5.5 bp −$627.6 bp −$276doesn't fitdoesn't fit
Jupiter 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h116.59−0.017%$912$8K25xas long as short
Vest SOL-PERP−0.0080%1h116.58−0.022%$602K20xas long as short
Hibachi SOL/USDT-Pshort−0.0016%1h116.71+0.090%$103K$700K20x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.63+0.021%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.56−0.039%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.64+0.026%$1.4M$18.7M3.1xas long as short
Derive SOL-PERP+0.0012%1h116.56−0.041%$1.9M$2.8M13xas long as short
ApeX Omni SOLUSDT+0.0017%1h116.69+0.072%$1.7M$6.0M50xas long as short
01 Exchange SOLUSD+0.0040%1h116.63+0.021%$99K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.66+0.045%$7.6M$404.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.65+0.036%$30.8M$100.1M100xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.61+0.008%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.57−0.030%$13.0M$59.6M25xas long as short
Lighter RH SOL+0.0096%1h116.55−0.046%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.63+0.025%$342K$236K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.65+0.038%$1.0M$526K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.57−0.031%$48K$858K20xas long as short
Nado SOL-PERP+0.0100%1h116.59−0.011%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.79+0.158%$707.5M$395.1M20xas long as short
Aster SOLUSDT+0.0100%8h116.71+0.087%$175.3M$181.9M100xas long as short
Pacifica SOL+0.0100%1h116.65+0.038%$15.5M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.57−0.031%$963.4M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.52−0.077%$792.5M$1.33B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.58−0.022%$364.7M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.61+0.003%$232K$848K10xas long as short
Arcus SOL-USD+0.0100%1h116.63+0.023%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.044%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.72+0.098%$848.4M$652.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.73+0.106%$415.7M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.70+0.083%$126.4M$216.6M75xas long as short
Bitget SOLUSDT+0.0100%8h116.70+0.082%$481.8M$438.9M100xas long as short
BingX SOL-USDT+0.0100%8h116.71+0.088%$365.1Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.65+0.038%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.54−0.053%$24.4M$114.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65+0.038%$93.7M$396.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.72+0.094%$47.7M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h116.68+0.063%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.62+0.012%$331K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.63+0.024%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.60−0.003%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.62+0.014%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.64+0.029%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.58−0.020%$226.3M$46.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.65+0.038%$45.6M$101.2M50xas long as short
Extended SOL-USD+0.0104%1h116.68+0.068%$8.0M$36.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0120%1h116.69+0.071%$26.3M$25.2M50xas long as short
Jupiter Perps SOL-PERPlongL +0.0120% / S +0.0056%1h116.61long leg$221.3M500x
Injective SOL/USDC PERP+0.0137%1h117.56+0.818%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.76+0.132%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.58−0.019%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h116.67+0.055%$51.9M$71.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.65+0.038%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.63+0.019%$128K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0476%1h116.73+0.108%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.71+0.087%$1.9M$4.9M20xas long as short