Funding you earn now, next payment 23:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.063%
Price spread now: Hibachi against Aster+0.053%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.284%+$28 · spread now +0.053%, 7d avg +0.032%
=Together, before fees+0.259%+ Points / potential airdropAster: Stage 5 · Hibachi: Active · farm board+$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.021% dearer against Aster than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.032%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.026% in total) that is about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SOLUSDT | 119.12 | 0.0100 | pay 0.0100% / 8h | 1h 13m | $178.3M | $176.7M | 100x |
| Short | Hibachi SOL/USDT-P | 119.18 | 0.0048 | get 0.0006% / 1h | 13m 59s | $119K | $612K | 20x |
Aster SOLUSDT
Hibachi SOL/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Aster. 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
- −$10.92
- Price spread: +0.053% → +0.032%
- $2.1
- Slippage, 4 orders
- −$5.12
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$30.94
- Costs to cover
- 0.221%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; Hibachi: live order book, 5 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 Aster live order book, 5 min ago | 0.42 bp | 4.4 bp −$4 | 4.4 bp −$44 | 6.9 bp −$693 | 26.9 bp −$13.5K |
| Sell Hibachi live order book, 5 min ago | 0.84 bp | 6.7 bp −$7 | 23.4 bp −$234 | 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 | −0.0315% | 1h | 119.14 | +0.017% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0107% | 1h | 119.04 | −0.066% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.16 | +0.036% | $845 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0065% | 1h | 119.11 | −0.005% | — | $722K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.14 | +0.018% | $112K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.22 | +0.091% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.19 | +0.065% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.20 | +0.071% | $177K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-Pshort | +0.0048% | 1h | 119.18 | +0.053% | $119K | $612K | 20x | |
| Phoenix SOL | +0.0054% | 1h | 119.28 | +0.138% | $6.5M | $13.6M | 25x | as long as short |
Bluefin SOL-PERP
Derive SOL-PERP
Hotstuff SOL-PERP
Vest 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SOLUSD | +0.0067% | 1h | 119.24 | +0.107% | $24K | $47K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0068% | 8h | 119.13 | +0.015% | $1.1M | $5.9M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.17 | +0.046% | $104K | $155K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.12 | +0.005% | — | $10.5M | — | as long as short |
| HTX SOL-USDT | +0.0081% | 8h | 119.08 | −0.029% | $231.8M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0091% | 8h | 119.10 | −0.013% | $869.4M | $686.7M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.12 | +0.001% | $13.6M | $55.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.10 | −0.013% | $2.1M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.12 | +0.008% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.10 | −0.016% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.15 | +0.029% | $46K | $798K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.17 | +0.050% | $6.1M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.21 | +0.081% | $718.1M | $417.3M | 20x | as long as short |
| Aster SOLUSDTlong | +0.0100% | 8h | 119.12 | long leg | $178.3M | $176.7M | 100x | |
| Pacifica SOL | +0.0100% | 1h | 119.20 | +0.068% | $12.3M | $118.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.09 | −0.021% | $983.5M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.13 | +0.013% | $827.0M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.09 | −0.021% | $372.3M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.19 | +0.063% | $233K | $886K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.19 | +0.059% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.28 | +0.140% | $133.9M | $7.8M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.11 | −0.004% | $458.2M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.12 | +0.003% | $140.0M | $201.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.07 | −0.039% | $495.1M | $455.5M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.14 | +0.021% | $24.1M | $38.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.22 | +0.088% | $27.3M | $128.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.23 | +0.099% | $95.8M | $401.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.17 | +0.046% | $48.8M | $31.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.19 | +0.064% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.18 | +0.055% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.16 | +0.038% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.12 | +0.004% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.15 | +0.028% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.12 | +0.004% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.13 | +0.013% | $46.6M | $102.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.05 | −0.055% | $8.7M | $36.2M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.15 | +0.031% | $8.2M | $416.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.16 | +0.039% | — | $224.1M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0125% | 1h | 119.18 | +0.057% | $26.7M | $27.7M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.13 | +0.014% | $32.7M | $96.0M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0170% / S −0.0072% | 1h | 119.13 | +0.014% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 119.13 | +0.013% | $1.1M | $552K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.18 | +0.056% | $1.7M | $5.8M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.38 | +0.222% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.20 | +0.071% | $52.1M | $82.8M | 125x | as long as short |
Aftermath Perps SOLUSD
Orderly PERP_SOL_USDC
01 Exchange SOLUSD
BingX SOL-USDC
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
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
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT