Funding you earn now, next payment 23:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Hyperliquid against 01 Exchange+0.042%7-day average +0.017% · 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−$20as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 3 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.042%, 7d avg +0.017%
=Together, before fees−0.168%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.025% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SOLUSD | 119.19 | 0.0064 | pay 0.0008% / 1h | 3m 25s | $104K | $156K | 20x |
| Short | Hyperliquid SOL | 119.24 | 0.0100 | get 0.0013% / 1h | 3m 25s | $717.9M | $409.0M | 20x |
01 Exchange SOLUSD
Hyperliquid SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $7.56
- Price spread: +0.042% → +0.017%
- $2.49
- Slippage, 4 orders
- −$6.91
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$12.86
- Costs to cover
- 0.229%
- Break-even
- 18.9 days
Slippage from 01 Exchange: live order book, 16 min ago; Hyperliquid: live order book, 11 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, 16 min ago | 0.84 bp | 6.2 bp −$6 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.42 bp | 5.3 bp −$5 | 7.1 bp −$71 | 9.9 bp −$988 | 14.9 bp −$7,444 |
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 | −0.0196% | 1h | 119.25 | +0.049% | $37K | $17K | 25x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.25 | +0.046% | $845 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0064% | 1h | 119.15 | −0.037% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0052% | 1h | 119.17 | −0.020% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.25 | +0.050% | $115K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.28 | +0.078% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.24 | +0.042% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.20 | +0.013% | $177K | $4.0M | 8.3x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.23 | +0.034% | $6.5M | $13.6M | 25x | as long as short |
| 01 Exchange SOLUSDlong | +0.0064% | 1h | 119.19 | long leg | $104K | $156K | 20x |
Bluefin SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0070% | 8h | 119.25 | +0.053% | $1.1M | $5.9M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0079% | 1h | 119.11 | −0.066% | $24K | $47K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.20 | +0.012% | — | $10.5M | — | as long as short |
| Hibachi SOL/USDT-P | +0.0080% | 1h | 119.28 | +0.077% | $118K | $608K | 20x | as long as short |
| HTX SOL-USDT | +0.0082% | 8h | 119.23 | +0.032% | $232.1M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0088% | 8h | 119.23 | +0.034% | $870.6M | $690.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.25 | +0.047% | $13.6M | $56.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.22 | +0.027% | $2.2M | $17.0M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.22 | +0.022% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.24 | +0.043% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.19 | 0.000% | $45K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.25 | +0.046% | $6.1M | $41.6M | 40x | as long as short |
| Hyperliquid SOLshort | +0.0100% | 1h | 119.24 | +0.042% | $717.9M | $409.0M | 20x | |
| Aster SOLUSDT | +0.0100% | 8h | 119.27 | +0.064% | $178.6M | $175.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.28 | +0.077% | $12.3M | $119.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.18 | −0.012% | $981.7M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.19 | −0.003% | $829.1M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.16 | −0.025% | $372.5M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.18 | −0.008% | $233K | $877K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.29 | +0.086% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.85 | −0.285% | $133.1M | $7.6M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.25 | +0.050% | $452.1M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.25 | +0.050% | $139.6M | $202.4M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.16 | −0.029% | $496.3M | $456.0M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.27 | +0.067% | $24.2M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.17 | −0.018% | $27.5M | $128.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.16 | −0.029% | $95.7M | $401.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.21 | +0.017% | $48.8M | $31.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.00 | −0.159% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.26 | +0.059% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.15 | −0.034% | $367K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.17 | −0.019% | $202K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.23 | +0.030% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.24 | +0.042% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.24 | +0.042% | $46.6M | $102.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.24 | +0.041% | $8.7M | $36.1M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0109% | 1h | 119.30 | +0.090% | $26.7M | $27.8M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.27 | +0.069% | $8.3M | $416.8M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.24 | +0.044% | — | $224.9M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.25 | +0.047% | $32.6M | $97.0M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0169% / S −0.0071% | 1h | 119.25 | +0.047% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 119.15 | −0.033% | $1.1M | $550K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.24 | +0.039% | $1.7M | $5.5M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.02 | −0.143% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.21 | +0.017% | $52.0M | $84.2M | 125x | as long as short |
Orderly PERP_SOL_USDC
Aftermath Perps SOLUSD
BingX SOL-USDC
Hibachi SOL/USDT-P
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
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
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
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