Funding you earn now, next payment 23:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.063%
Price spread now: Hibachi against KuCoin+0.130%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$240.238% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)+0.242%+$24 · spread now +0.130%, 7d avg +0.036%
=Together, before fees+0.251%+ Points / potential airdropHibachi: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.094% dearer against KuCoin than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.036%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOLUSDTM | 119.24 | 0.0100 | pay 0.0100% / 8h | 1h 20m | $140.3M | $202.1M | 75x |
| Short | Hibachi SOL/USDT-P | 119.39 | 0.0040 | get 0.0005% / 1h | 20m 30s | $120K | $612K | 20x |
KuCoin SOLUSDTM
Hibachi SOL/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against KuCoin. 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
- −$12.6
- Price spread: +0.130% → +0.036%
- $9.43
- Slippage, 4 orders
- −$2.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$26.99
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Hibachi: live order book, 63 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 KuCoin live order book, 4 min ago | 0.04 bp | 6.7 bp −$7 | 12.5 bp −$125 | 19.3 bp −$1,926 | doesn't fit |
| Sell Hibachi live order book, 63 min ago | 0.50 bp | 5.0 bp −$5 | 21.7 bp −$217 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0424% | 1h | 119.17 | −0.056% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0107% | 1h | 119.28 | +0.030% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.28 | +0.033% | $846 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0062% | 1h | 119.21 | −0.025% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.29 | +0.046% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.23 | −0.010% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.48 | +0.205% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.30 | +0.054% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-Pshort | +0.0040% | 1h | 119.39 | +0.130% | $120K | $612K | 20x | |
| Phoenix SOL | +0.0054% | 1h | 119.36 | +0.101% | $6.5M | $13.6M | 25x | as long as short |
Bluefin SOL-PERP
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Phoenix SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SOLUSD | +0.0065% | 1h | 119.31 | +0.062% | $24K | $47K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 119.18 | −0.053% | $1.1M | $5.9M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0078% | 1h | 119.42 | +0.149% | $26.7M | $27.7M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0080% | 1h | 119.25 | +0.009% | $104K | $155K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.22 | −0.014% | — | $374.4M | — | as long as short |
| HTX SOL-USDT | +0.0083% | 8h | 119.38 | +0.122% | $232.4M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0089% | 8h | 119.19 | −0.041% | $870.0M | $685.2M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.28 | +0.034% | $13.6M | $55.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.26 | +0.021% | $2.1M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.34 | +0.087% | $354K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.26 | +0.019% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.25 | +0.009% | $47K | $796K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.28 | +0.032% | $6.1M | $41.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.31 | +0.060% | $718.8M | $417.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.23 | −0.009% | $178.5M | $176.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.31 | +0.062% | $12.4M | $117.8M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.20 | −0.033% | $984.7M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.21 | −0.026% | $824.8M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.13 | −0.091% | $372.5M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.38 | +0.118% | $234K | $886K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.34 | +0.086% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.28 | +0.036% | $133.9M | $7.8M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.21 | −0.024% | $457.9M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTMlong | +0.0100% | 8h | 119.24 | long leg | $140.3M | $202.1M | 75x | |
| Bitget SOLUSDT | +0.0100% | 8h | 119.22 | −0.018% | $495.4M | $455.6M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.30 | +0.051% | $24.1M | $38.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.27 | +0.026% | $27.9M | $128.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.14 | −0.079% | $95.7M | $400.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.37 | +0.110% | $48.9M | $31.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.24 | +0.001% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.36 | +0.101% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.21 | −0.024% | $365K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.21 | −0.027% | $202K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.36 | +0.099% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.36 | +0.101% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.36 | +0.101% | $46.6M | $102.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.25 | +0.011% | $8.7M | $36.3M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.39 | +0.126% | $8.1M | $416.9M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.29 | +0.045% | — | $223.8M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.36 | +0.106% | $32.6M | $95.9M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0170% / S −0.0068% | 1h | 119.22 | −0.015% | $3.8M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 119.20 | −0.035% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.33 | +0.080% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.38 | +0.118% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.33 | +0.076% | $52.2M | $82.9M | 125x | as long as short |
Aftermath Perps SOLUSD
Orderly PERP_SOL_USDC
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSD
BingX SOL-USDT
HTX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
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
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT