SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h −0.008%

Price spread now: Aevo against Hibachi−0.010%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$590.591% of the position

Long on Hibachi Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.010%, 7d avg −0.044%

Together, before fees−0.104%+ Points / potential airdropHibachi: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aevo is 0.034% dearer against Hibachi than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.044%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.022% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi SOL/USDT-P	116.81	−0.0232	get 0.0029% / 1h	6m 11s	$103K	$645K	20x
Short	Aevo SOL-PERP	116.80	0.0064	get 0.0008% / 1h	6m 11s	$343K	$265K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hibachi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HibachibpFee AevobpOrdersPrice spread, now −0.010%Rate

Funding earned: $62.16
Price spread: −0.010% → −0.044%: $3.44
Slippage, 4 orders: −$34.07
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: $6.53
Costs to cover: 0.591%
Break-even: 6.3 days

Slippage from Hibachi: live order book, 41 min ago; Aevo: live order book, 41 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 Hibachi live order book, 41 min ago	0.38 bp	4.9 bp −$5	19.7 bp −$197	doesn't fit	doesn't fit
Sell Aevo live order book, 41 min ago	14.99 bp	25.2 bp −$25	31.4 bp −$314	44.3 bp −$4,430	doesn't fit

SOL on 55 exchanges

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
Hibachi SOL/USDT-Plong	−0.0232%	1h	116.81	long leg	$103K	$645K	20x
Bybit SOLUSDT	−0.0052%	8h	116.80	−0.008%	$726.1M	$1.23B	100x	as long as short
Derive SOL-PERP	−0.0036%	1h	116.70	−0.090%	$1.8M	$2.5M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.83	+0.019%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.84	+0.026%	$1.3M	$15.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.78	−0.028%	$100K	$2.6M	8.3x	as long as short
Vest SOL-PERP	+0.0011%	1h	116.84	+0.022%	—	$272K	20x	as long as short
Bitget SOLUSDT	+0.0021%	8h	116.83	+0.015%	$480.5M	$393.1M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.85	+0.037%	$8.5M	$362.9M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0041%	8h	116.84	+0.030%	$993K	$5.0M	100x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOLUSDT	+0.0042%	8h	116.84	+0.027%	$176.3M	$156.0M	100x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.88	+0.060%	$101K	$183K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0057%	1h	116.90	+0.078%	$26.3M	$17.6M	50x	as long as short
Aevo SOL-PERPshort	+0.0064%	1h	116.80	−0.010%	$343K	$265K	20x
MEXC SOL_USDT	+0.0066%	8h	116.86	+0.043%	$479.1M	$980.1M	300x	as long as short
Binance SOLUSDT	+0.0066%	8h	116.85	+0.035%	$969.3M	$3.40B	100x	as long as short
Phoenix SOL	+0.0075%	1h	116.77	−0.034%	$6.7M	$12.2M	25x	as long as short
Hotstuff SOL-PERP	+0.0080%	1h	117.44	+0.543%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	+0.0083%	1h	116.88	+0.056%	$33.4M	$92.4M	100x	as long as short
SoDEX SOL-USD	+0.0096%	1h	116.84	+0.026%	$6.0M	$11.2M	20x	as long as short
Lighter SOL	+0.0096%	1h	116.86	+0.043%	$12.9M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.85	+0.034%	$2.2M	$13.7M	25x	as long as short
Gate SOL_USDT	+0.0098%	8h	116.84	+0.026%	$840.7M	$598.7M	100x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.81	0.000%	$44K	$886K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.85	+0.034%	$1.0M	$554K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.81	+0.001%	$5.5M	$38.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.94	+0.112%	$720.3M	$369.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.86	+0.040%	$15.8M	$116.3M	20x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.81	0.000%	$358.9M	$1.54B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.69	−0.102%	$219K	$736K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.89	+0.068%	$1.2M	$7.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.75	−0.051%	$126.7M	$10.4M	20x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.84	+0.026%	$133.2M	$224.7M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.83	+0.017%	—	$331.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.84	+0.026%	$23.1M	$35.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.57	−0.209%	$24.9M	$96.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.60	−0.177%	$93.7M	$357.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.70	−0.090%	$47.8M	$25.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.63	−0.152%	$997K	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.76	−0.042%	$1.3M	$9.7M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.85	+0.035%	$323K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.86	+0.044%	$284K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.82	+0.007%	$26K	$37K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.81	+0.003%	$190K	$1.4M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.77	−0.032%	$225.9M	$39.8M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.83	+0.018%	$45.4M	$98.8M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.80	−0.004%	$8.5M	$32.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.82	+0.008%	—	$211.6M	500x	as long as short
dYdX SOL-USD	+0.0146%	1h	116.80	−0.008%	$9.2M	$17.9M	20x	as long as short
BloFin SOL-USDT	+0.0186%	8h	116.78	−0.025%	$51.6M	$56.3M	125x	as long as short
Reya SOLRUSDPERP	+0.0200%	1h	116.80	−0.004%	$1.1M	$88K	25x	as long as short
Injective SOL/USDC PERP	+0.0206%	1h	116.85	+0.035%	$4K	$117	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0236% / S −0.0183%	1h	116.86	+0.046%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0250%	1h	116.89	+0.066%	$2.2M	$3.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0400%	1h	116.78	−0.029%	$25K	$46K	20x	as long as short