Funding you earn now, next payment 23:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.056%
Price spread now: Hyperliquid against Hotstuff+0.057%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.057% dearer against Hotstuff than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff SOL-PERP | 119.28 | −0.0080 | get 0.0010% / 1h | 52m 37s | $846 | $8K | 25x |
| Short | Hyperliquid SOL | 119.35 | 0.0100 | get 0.0013% / 1h | 52m 37s | $719.9M | $413.7M | 20x |
Hotstuff SOL-PERP
Hyperliquid SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Hotstuff. 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
- $37.8
- Price spread: +0.057% → 0.000%
- $5.7
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $29.5
- Costs to cover
- 0.140%
- Break-even
- 1.5 days
Slippage unknown: Hotstuff: no order-book sample; Hyperliquid: live order book, 11 min ago. Net counts fees only.
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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 0.42 bp | 4.9 bp −$5 | 5.3 bp −$53 | 8.9 bp −$891 | doesn't fit |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERP | −0.0094% | 1h | 119.17 | −0.090% | $2.0M | $3.1M | 13x | as long as short |
| Hotstuff SOL-PERPlong | −0.0080% | 1h | 119.28 | long leg | $846 | $8K | 25x | |
| Vest SOL-PERP | −0.0063% | 1h | 119.27 | −0.010% | — | $724K | 20x | as long as short |
| dYdX SOL-USD | −0.0005% | 1h | 119.29 | +0.006% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.29 | +0.008% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.41 | +0.106% | $1.2M | $20.7M | 3.1x | as long as short |
| Hibachi SOL/USDT-P | 0.0000% | 1h | 119.46 | +0.152% | $120K | $625K | 20x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.32 | +0.029% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0013% | 1h | 119.31 | +0.023% | $26.8M | $27.6M | 50x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.37 | +0.074% | $6.6M | $13.6M | 25x | as long as short |
Derive SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Hibachi SOL/USDT-P
Perpl SOL
Deribit SOL_USDC-PERPETUAL
Phoenix SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SOLUSD | +0.0059% | 1h | 119.31 | +0.024% | $24K | $47K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0065% | 8h | 119.28 | −0.003% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0068% | 8h | 119.37 | +0.078% | $232.5M | $44.7M | 75x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.29 | +0.010% | — | $374.9M | — | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.29 | +0.005% | $13.6M | $54.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.28 | −0.005% | $2.1M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 119.36 | +0.065% | $104K | $153K | 20x | as long as short |
| Gate SOL_USDT | +0.0096% | 8h | 119.27 | −0.010% | $868.3M | $675.7M | 100x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.24 | −0.039% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.24 | −0.032% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.30 | +0.015% | $46K | $791K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.30 | +0.019% | $6.3M | $41.9M | 40x | as long as short |
| Hyperliquid SOLshort | +0.0100% | 1h | 119.35 | +0.057% | $719.9M | $413.7M | 20x | |
| Aster SOLUSDT | +0.0100% | 8h | 119.30 | +0.016% | $178.8M | $176.6M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.32 | +0.036% | $12.4M | $116.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.32 | +0.032% | $978.2M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.33 | +0.043% | $824.1M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.32 | +0.032% | $372.1M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.44 | +0.132% | $233K | $877K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.36 | +0.062% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.05 | −0.191% | $133.5M | $10.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.28 | −0.002% | $436.9M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.28 | +0.001% | $140.8M | $199.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.28 | +0.001% | $495.9M | $454.6M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.23 | −0.044% | $24.1M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.31 | +0.028% | $27.4M | $127.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.37 | +0.076% | $95.9M | $397.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.47 | +0.160% | $48.9M | $32.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.46 | +0.149% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.36 | +0.065% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.30 | +0.015% | $366K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.27 | −0.013% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.28 | −0.006% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.26 | −0.021% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.26 | −0.018% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.25 | −0.027% | $46.6M | $102.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.26 | −0.017% | $8.7M | $36.5M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.27 | −0.008% | $8.2M | $416.3M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.40 | +0.096% | — | $222.5M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.26 | −0.022% | $32.8M | $94.8M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0089% | 1h | 119.29 | +0.003% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 119.27 | −0.012% | $1.1M | $558K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.34 | +0.050% | $1.6M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.41 | +0.107% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.23 | −0.044% | $51.9M | $87.0M | 125x | as long as short |
Aftermath Perps SOLUSD
Orderly PERP_SOL_USDC
HTX SOL-USDT
BingX SOL-USDT
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Gate SOL_USDT
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
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