Funding you earn now, next payment 20:00 UTC−0.0200%/8hpaid last 24h −0.089%
Price spread now: Kalshi against Hibachi−0.052%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 3 days (all we have)−0.732%−$73 · spread now −0.052%, 7d avg −0.048%
=Together, before fees−0.695%+ Points / potential airdropHibachi: Active · farm board−$69 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SOL/USDT-P | 118.20 | 0.0200 | pay 0.0025% / 1h | 21m 35s | $118K | $558K | 20x |
| Short | Kalshi KXSOLPERP | 118.14 | 0 | get 0.0000% / 8h | 21m 35s | $1.2M | $20.7M | 3.1x |
Hibachi SOL/USDT-P
Kalshi KXSOLPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Hibachi. 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
- −$42
- Price spread: −0.052% → −0.048%
- −$0.46
- Slippage, 4 orders
- −$11.61
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$73.07
- Costs to cover
- 0.306%
- Break-even
- never at this rate
Slippage from Hibachi: live order book, 11 min ago; Kalshi: live order book, 2 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, 11 min ago | 0.55 bp | 5.1 bp −$5 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 2 min ago | 1.23 bp | 10.8 bp −$11 | 13.7 bp −$137 | 21.6 bp −$2,164 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0627% | 1h | 117.99 | −0.181% | $4K | $41K | 12x | as long as short |
| dYdX SOL-USD | −0.0164% | 1h | 118.04 | −0.139% | $5.2M | $24.4M | 20x | as long as short |
| Vest SOL-PERP | −0.0097% | 1h | 118.05 | −0.131% | — | $728K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.02 | −0.152% | $837 | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0041% | 1h | 117.99 | −0.181% | $1.9M | $3.0M | 13x | as long as short |
| Aftermath Perps SOLUSD | −0.0007% | 1h | 118.08 | −0.107% | $24K | $47K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 118.08 | −0.107% | $58K | — | 150x | as long as short |
| Kalshi KXSOLPERPshort | 0.0000% | 8h | 118.14 | −0.052% | $1.2M | $20.7M | 3.1x | |
| Perpl SOL | 0.0000% | 43m | 118.08 | −0.105% | $171K | $4.0M | 8.3x | as long as short |
| HTX SOL-USDT | +0.0022% | 8h | 117.99 | −0.184% | $230.1M | $41.8M | 75x | as long as short |
Injective SOL/USDC PERP
dYdX SOL-USD
Vest SOL-PERP
Hotstuff SOL-PERP
Derive SOL-PERP
Aftermath Perps SOLUSD
gTrade (Gains Network) SOL/USD
Perpl SOL
HTX SOL-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOLUSDTM | +0.0052% | 8h | 118.02 | −0.152% | $141.2M | $172.2M | 75x | as long as short |
| Orderly PERP_SOL_USDC | +0.0053% | 8h | 118.08 | −0.109% | $1.1M | $5.6M | 100x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0061% | 1h | 118.07 | −0.114% | $34.1M | $84.3M | 100x | as long as short |
| Bitget SOLUSDT | +0.0065% | 8h | 118.03 | −0.147% | $494.5M | $438.0M | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0078% | 8h | 118.02 | −0.156% | $366.2M | $1.66B | 100x | as long as short |
| BingX SOL-USDT | +0.0078% | 8h | 118.03 | −0.143% | — | $363.0M | — | as long as short |
| Gate SOL_USDT | +0.0080% | 8h | 118.02 | −0.156% | $855.5M | $662.0M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 118.08 | −0.105% | $114K | $132K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0089% | 1h | 118.12 | −0.072% | $26.5M | $27.1M | 50x | as long as short |
| ApeX Omni SOLUSDT | +0.0093% | 1h | 118.25 | +0.035% | $1.6M | $6.3M | 50x | as long as short |
| Bluefin SOL-PERP | +0.0095% | 1h | 118.06 | −0.117% | $37K | $14K | 25x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.05 | −0.130% | $13.4M | $49.6M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.00 | −0.173% | $2.0M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.05 | −0.134% | $349K | $747K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 118.03 | −0.148% | $1.0M | $438K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.06 | −0.122% | $43K | $734K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.12 | −0.071% | $5.5M | $39.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.14 | −0.054% | $711.9M | $426.1M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.01 | −0.165% | $177.9M | $170.6M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.08 | −0.102% | $13.3M | $105.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.03 | −0.147% | $964.1M | $3.64B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.05 | −0.133% | $815.8M | $1.23B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.98 | −0.189% | $233K | $859K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.11 | −0.077% | $2.0M | $8.7M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.04 | −0.139% | $467.2M | $1.05B | 300x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.05 | −0.130% | $24.1M | $36.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.06 | −0.118% | $27.9M | $117.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.17 | −0.030% | $94.9M | $383.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.18 | −0.018% | $48.4M | $32.6M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.03 | −0.147% | $1.4M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.08 | −0.105% | $389K | $2.2M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.02 | −0.153% | $199K | $1.8M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.04 | −0.139% | $192K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.04 | −0.139% | $6.2M | $10.9M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.04 | −0.139% | $45.9M | $96.2M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.15 | −0.044% | $130.5M | $16.3M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.04 | −0.142% | $8.7M | $37.1M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0104% | 1h | 118.10 | −0.084% | $7.8M | $396.9M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0048% | 1h | 118.22 | +0.012% | — | $208.0M | 500x | as long as short |
| Phoenix SOL | +0.0149% | 1h | 118.02 | −0.156% | $7.4M | $11.4M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0173% / S −0.0075% | 1h | 118.06 | −0.120% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 118.05 | −0.127% | $1.1M | $533K | 25x | as long as short |
| RISEx SOL/USDC | +0.0185% | 1h | 118.08 | −0.107% | $1.6M | $6.5M | 20x | as long as short |
| Hibachi SOL/USDT-Plong | +0.0200% | 1h | 118.20 | long leg | $118K | $558K | 20x | |
| BloFin SOL-USDT | +0.0220% | 8h | 118.16 | −0.037% | $51.7M | $91.6M | 125x | as long as short |
KuCoin SOLUSDTM
Orderly PERP_SOL_USDC
Kraken Futures PF_SOLUSD
Bitget SOLUSDT
OKX SOL-USDT-SWAP
BingX SOL-USDT
Gate SOL_USDT
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUAL
ApeX Omni SOLUSDT
Bluefin SOL-PERP
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
Ondo Perps SOL-USD.P
Arcus SOL-USD
MEXC SOL_USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Phoenix SOL
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
BloFin SOL-USDT