Funding you earn now, next payment 09:00 UTC−0.0140%/8h= −15.4% APRnext payment −$0.18 per $10,000 · paid last 24h −0.002%
Price spread now: Hibachi against Reya−0.044%7-day average +0.046% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.130%−$13 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.044%, 7d avg +0.046%
=Together, before fees−0.064%+ Points / potential airdropReya: Active · Hibachi: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hibachi is 0.090% cheaper against Reya than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SOLRUSDPERP | 116.46 | 0.0196 | pay 0.0025% / 1h | 51m 29s | $1.1M | $545K | 25x |
| Short | Hibachi SOL/USDT-P | 116.41 | 0.0056 | get 0.0007% / 1h | 51m 29s | $103K | $680K | 20x |
Reya SOLRUSDPERP
Hibachi SOL/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Reya. 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
- −$29.49
- Price spread: −0.044% → +0.046%
- −$8.97
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$53.46
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Hibachi: live order book, 47 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Hibachi live order book, 47 min ago | 1.07 bp | 5.6 bp −$6 | 18.4 bp −$184 | doesn't fit | doesn't fit |
Reya: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.50 | +0.028% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.30 | −0.137% | $32.3M | $106.8M | 100x | as long as short |
| Vest SOL-PERP | −0.0013% | 1h | 116.43 | −0.024% | — | $636K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.31 | −0.133% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.38 | −0.071% | $4.3M | $23.4M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.34 | −0.103% | $1.4M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.52 | +0.048% | $99K | $3.4M | 8.3x | as long as short |
| Phemex SOLUSDT | 0.0000% | 8h | 116.32 | −0.122% | $45.2M | $103.7M | 50x | as long as short |
| Derive SOL-PERP | +0.0007% | 1h | 116.38 | −0.070% | $1.9M | $3.0M | 13x | as long as short |
| Bitget SOLUSDT | +0.0025% | 8h | 116.48 | +0.016% | $480.6M | $454.2M | 100x | as long as short |
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
Phemex SOLUSDT
Derive SOL-PERP
Bitget SOLUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOL_USDC-PERPETUAL | +0.0039% | 1h | 116.34 | −0.106% | $26.2M | $21.9M | 50x | as long as short |
| Gate SOL_USDT | +0.0040% | 8h | 116.33 | −0.114% | $848.0M | $606.3M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 116.30 | −0.140% | $7.8M | $395.7M | 50x | as long as short |
| Bybit SOLUSDT | +0.0046% | 8h | 116.47 | +0.011% | $732.6M | $1.41B | 100x | as long as short |
| Aster SOLUSDT | +0.0054% | 8h | 116.45 | −0.009% | $176.9M | $169.3M | 100x | as long as short |
| Hibachi SOL/USDT-Pshort | +0.0056% | 1h | 116.41 | −0.044% | $103K | $680K | 20x | |
| Orderly PERP_SOL_USDC | +0.0069% | 8h | 116.31 | −0.131% | $1.0M | $6.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.40 | −0.051% | $13.1M | $55.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.40 | −0.057% | $2.1M | $14.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.27 | −0.163% | $351K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0097% | 8h | 116.40 | −0.051% | $1.0M | $555K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.43 | −0.028% | $64K | $903K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.44 | −0.024% | $5.4M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.59 | +0.109% | $696.5M | $406.5M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.44 | −0.022% | $15.7M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.49 | +0.024% | $963.7M | $3.85B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.49 | +0.024% | $366.4M | $1.76B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.37 | −0.079% | $219K | $850K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.47 | +0.004% | $920K | $8.5M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.33 | −0.116% | $125.6M | $25.5M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.48 | +0.015% | $370.2M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.45 | −0.007% | $129.8M | $237.2M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.44 | −0.016% | — | $372.8M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.31 | −0.131% | $22.8M | $36.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.26 | −0.178% | $24.8M | $105.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.30 | −0.143% | $93.4M | $405.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.39 | −0.062% | $47.6M | $29.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.38 | −0.071% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.37 | −0.079% | $1.3M | $11.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.52 | +0.049% | $319K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.50 | +0.036% | $283K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.32 | −0.124% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.30 | −0.140% | $189K | $1.7M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.27 | −0.165% | $6.1M | $11.0M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.26 | −0.177% | $225.1M | $50.7M | 75x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.42 | −0.035% | $8.2M | $36.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.41 | −0.044% | — | $231.7M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.45 | −0.011% | $6.5M | $13.4M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0128% | 1h | 116.52 | +0.049% | $100K | $181K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | −0.105% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERPlong | +0.0196% | 1h | 116.46 | long leg | $1.1M | $545K | 25x | |
| BloFin SOL-USDT | +0.0220% | 8h | 116.37 | −0.079% | $52.5M | $64.4M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.34 | −0.102% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0421% | 1h | 116.35 | −0.092% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.54 | +0.065% | $2.1M | $4.7M | 20x | as long as short |
Deribit SOL_USDC-PERPETUAL
Gate SOL_USDT
Coinbase International SOL-PERP-INTX
Bybit SOLUSDT
Aster SOLUSDT
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDT
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
01 Exchange SOLUSD
Injective SOL/USDC PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC