Funding you earn now, next payment 02:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h +0.057%
Price spread now: Hibachi against Bullet+0.043%7-day average +0.025% · 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−$22as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.043%, 7d avg +0.025%
=Together, before fees−0.012%+ Points / potential airdropHibachi: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SOL-USD | 117.57 | 0.0100 | pay 0.0013% / 1h | 15m 24s | $200K | $1.7M | 20x |
| Short | Hibachi SOL/USDT-P | 117.62 | 0.0008 | get 0.0001% / 1h | 15m 24s | $100K | $691K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Bullet. 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
- −$19.32
- Price spread: +0.043% → +0.025%
- $1.79
- Slippage, 4 orders
- −$6.42
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$40.95
- Costs to cover
- 0.234%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 4 min ago; Hibachi: live order book, 54 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 Bullet live order book, 4 min ago | 0.04 bp | 6.5 bp −$7 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 54 min ago | 0.67 bp | 5.2 bp −$5 | 20.1 bp −$201 | doesn't fit | doesn't fit |
SOL on 54 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 | 117.53 | −0.030% | $919 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0063% | 1h | 117.51 | −0.050% | — | $607K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.57 | +0.003% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.57 | 0.000% | $4.5M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.54 | −0.022% | $1.4M | $20.8M | 3.1x | as long as short |
| Hibachi SOL/USDT-Pshort | +0.0008% | 1h | 117.62 | +0.043% | $100K | $691K | 20x | |
| Deribit SOL_USDC-PERPETUAL | +0.0015% | 1h | 117.60 | +0.033% | $26.4M | $25.6M | 50x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.56 | −0.006% | $1.9M | $4.8M | 20x | as long as short |
| Derive SOL-PERP | +0.0023% | 1h | 117.50 | −0.060% | $2.0M | $2.8M | 13x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.58 | +0.013% | $31.6M | $99.0M | 100x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | +0.0055% | 1h | 117.69 | +0.105% | $1.5M | $6.0M | 50x | as long as short |
| Gate SOL_USDT | +0.0057% | 8h | 117.57 | +0.003% | $850.1M | $664.6M | 100x | as long as short |
| HTX SOL-USDT | +0.0063% | 8h | 117.47 | −0.078% | $228.3M | $45.6M | 75x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.59 | +0.019% | $8.0M | $408.8M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 117.58 | +0.008% | — | $370.0M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0088% | 8h | 117.57 | +0.005% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.52 | −0.039% | $13.1M | $60.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.51 | −0.048% | $2.1M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.56 | −0.005% | $103K | $157K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.57 | +0.008% | $345K | $258K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.56 | −0.009% | $1.0M | $518K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.52 | −0.039% | $64K | $855K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.54 | −0.022% | $5.8M | $41.5M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.56 | −0.005% | $176.4M | $179.8M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.56 | −0.004% | $14.4M | $128.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.57 | −0.001% | $968.6M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.59 | +0.020% | $819.8M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.58 | +0.012% | $365.8M | $1.67B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.51 | −0.048% | $238K | $890K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.55 | −0.018% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.53 | −0.035% | $134.5M | $13.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.59 | +0.020% | $424.9M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.58 | +0.011% | $130.6M | $210.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.55 | −0.014% | $487.3M | $441.6M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.53 | −0.031% | $23.7M | $37.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.52 | −0.036% | $24.3M | $121.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.63 | +0.057% | $94.5M | $405.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.76 | +0.164% | $48.2M | $28.6M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.54 | −0.022% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.55 | −0.014% | $354K | $2.4M | 20x | as long as short |
| Bullet SOL-USDlong | +0.0100% | 1h | 117.57 | long leg | $200K | $1.7M | 20x | |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.56 | −0.009% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.54 | −0.025% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.57 | +0.003% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.55 | −0.014% | $45.8M | $101.4M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.76 | +0.165% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.54 | −0.021% | $8.1M | $36.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0108% | 1h | 117.69 | +0.105% | $719.9M | $400.7M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.54 | −0.026% | — | $225.5M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0189% | 1h | 117.56 | −0.009% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 117.87 | +0.259% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 117.57 | +0.002% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0342% | 1h | 117.69 | +0.108% | $25K | $51K | 20x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.52 | −0.043% | $128K | $3.9M | 8.3x | as long as short |
Bullet SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
RISEx SOL/USDC
Derive SOL-PERP
Kraken Futures PF_SOLUSD
ApeX Omni SOLUSDT
Gate SOL_USDT
HTX SOL-USDT
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD