Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.031%
Price spread now: Hibachi against 01 Exchange−0.081%7-day average +0.010% · 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−$40as in the Price arb table
costs, in and out, $10k−$300.305% of the position
Funding, last 4 days (all we have)−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.827%+$83 · spread now −0.081%, 7d avg +0.010%
=Together, before fees+0.805%+ Points / potential airdropHibachi: Active · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hibachi is 0.092% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.010%). If the spread goes back, that is −$9 on $10k: about 7.6 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SOLUSD | 116.76 | 0.0104 | pay 0.0013% / 1h | 22m 25s | $100K | $184K | 20x |
| Short | Hibachi SOL/USDT-P | 116.67 | 0.0144 | get 0.0018% / 1h | 22m 25s | $104K | $677K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against 01 Exchange. 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
- $8.4
- Price spread: −0.081% → +0.010%
- −$9.17
- Slippage, 4 orders
- −$14.47
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$31.24
- Costs to cover
- 0.305%
- Break-even
- 33.0 days
Slippage from 01 Exchange: live order book, 12 min ago; Hibachi: live order book, 12 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 01 Exchange live order book, 12 min ago | 0.86 bp | 7.9 bp −$8 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 12 min ago | 0.22 bp | 6.9 bp −$7 | 21.9 bp −$219 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.67 | −0.075% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0065% | 1h | 115.82 | −0.801% | $1.8M | $2.9M | 13x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.74 | −0.019% | $32.4M | $103.8M | 100x | as long as short |
| Bybit SOLUSDT | −0.0029% | 8h | 116.68 | −0.067% | $730.1M | $1.37B | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.64 | −0.103% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.66 | −0.084% | $1.4M | $19.2M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.64 | −0.099% | $100K | $3.2M | 8.3x | as long as short |
| Vest SOL-PERP | +0.0003% | 1h | 116.67 | −0.081% | — | $640K | 20x | as long as short |
| Bitget SOLUSDT | +0.0022% | 8h | 116.69 | −0.057% | $481.9M | $438.9M | 100x | as long as short |
| dYdX SOL-USD | +0.0039% | 1h | 116.76 | 0.000% | $7.6M | $24.4M | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 116.72 | −0.030% | $7.8M | $389.8M | 50x | as long as short |
| Aster SOLUSDT | +0.0052% | 8h | 116.73 | −0.026% | $177.1M | $168.9M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0066% | 8h | 116.66 | −0.086% | $1.0M | $5.7M | 100x | as long as short |
| Phemex SOLUSDT | +0.0069% | 8h | 116.65 | −0.094% | $45.3M | $102.9M | 50x | as long as short |
| Gate SOL_USDT | +0.0079% | 8h | 116.73 | −0.026% | $845.0M | $617.5M | 100x | as long as short |
| SoDEX SOL-USD | +0.0087% | 1h | 116.69 | −0.060% | $6.0M | $11.1M | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.73 | −0.024% | $13.2M | $56.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.71 | −0.043% | $2.2M | $14.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.64 | −0.106% | $352K | $240K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 116.73 | −0.023% | $1.0M | $553K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.70 | −0.051% | $59K | $897K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.73 | −0.021% | $5.4M | $40.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.84 | +0.069% | $701.8M | $387.4M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.77 | +0.008% | $15.7M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.72 | −0.034% | $962.8M | $3.79B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.71 | −0.043% | $366.3M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.67 | −0.077% | $217K | $847K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.75 | −0.008% | $943K | $8.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.72 | −0.034% | $410.2M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.74 | −0.018% | $130.2M | $236.8M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.72 | −0.038% | — | $368.2M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.67 | −0.077% | $22.9M | $37.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 115.98 | −0.666% | $24.7M | $104.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.15 | −0.526% | $93.3M | $405.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.18 | −0.493% | $47.6M | $27.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.01 | −0.646% | $1.1M | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.31 | −0.385% | $1.3M | $10.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.74 | −0.017% | $319K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.77 | +0.008% | $282K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.51 | −0.211% | $189K | $1.7M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.63 | −0.108% | $225.8M | $50.2M | 75x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 115.76 | −0.860% | $125.0M | $25.2M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.70 | −0.053% | $8.1M | $35.5M | 50x | as long as short |
| 01 Exchange SOLUSDlong | +0.0104% | 1h | 116.76 | long leg | $100K | $184K | 20x | |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.55 | −0.176% | — | $227.4M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.08 | −0.582% | $6.5M | $13.4M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0138% | 1h | 116.75 | −0.008% | $26.2M | $21.2M | 50x | as long as short |
| Hibachi SOL/USDT-Pshort | +0.0144% | 1h | 116.67 | −0.081% | $104K | $677K | 20x | |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | −0.360% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0197% | 1h | 116.69 | −0.056% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.66 | −0.086% | $52.3M | $62.3M | 125x | as long as short |
| Bluefin SOL-PERP | +0.0229% | 1h | 116.64 | −0.099% | $27K | $36K | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.66 | −0.088% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0403% | 1h | 116.24 | −0.445% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.77 | +0.012% | $2.2M | $4.8M | 20x | as long as short |
01 Exchange SOLUSD
Derive SOL-PERP
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Bitget SOLUSDT
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
Phemex SOLUSDT
Gate SOL_USDT
SoDEX SOL-USD
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
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
SunX SOL-USDT
HTX SOL-USDT
Bulk SOL-USD
Extended SOL-USD
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
BloFin SOL-USDT
Bluefin SOL-PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC