Funding you earn now, next payment 03:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.057%
Price spread now: Hibachi against Paradex+0.151%7-day average +0.035% · 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−$7as in the Price arb table
costs, in and out, $10k−$180.184% of the position
Funding, last 4 days (all we have)+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.566%+$57 · spread now +0.151%, 7d avg +0.035%
=Together, before fees+0.604%+ Points / potential airdropParadex: Active · Hibachi: Active · farm board+$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.116% dearer against Paradex than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.035%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex SOL-USD-PERP | 117.47 | 0.0100 | pay 0.0100% / 8h | 5h 27m | $1.0M | $516K | 50x |
| Short | Hibachi SOL/USDT-P | 117.65 | 0.0064 | get 0.0008% / 1h | 27m 01s | $105K | $695K | 20x |
Paradex SOL-USD-PERP
Hibachi SOL/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Paradex. 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
- −$7.54
- Price spread: +0.151% → +0.035%
- $11.57
- Slippage, 4 orders
- −$5.44
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$14.4
- Costs to cover
- 0.184%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 2 min ago; Hibachi: live order book, 37 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 Paradex live order book, 2 min ago | 1.79 bp | 3.8 bp −$4 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 37 min ago | 0.04 bp | 6.3 bp −$6 | 22.7 bp −$227 | 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 | −0.0132% | 1h | 117.35 | −0.106% | $25K | $28K | 25x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.52 | +0.041% | $919 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0064% | 1h | 117.36 | −0.095% | — | $605K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0055% | 1h | 117.33 | −0.117% | $31.6M | $98.3M | 100x | as long as short |
| Derive SOL-PERP | −0.0010% | 1h | 117.27 | −0.169% | $1.9M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.35 | −0.104% | $57K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.42 | −0.048% | $4.5M | $24.1M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.53 | +0.046% | $1.4M | $19.3M | 3.1x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0006% | 1h | 117.38 | −0.077% | $26.4M | $24.9M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 117.42 | −0.044% | $100K | $165K | 20x | as long as short |
Bluefin SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
Kraken Futures PF_SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-Pshort | +0.0064% | 1h | 117.65 | +0.151% | $105K | $695K | 20x | |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 117.36 | −0.093% | $8.0M | $403.0M | 50x | as long as short |
| BingX SOL-USDC | +0.0070% | 8h | 117.34 | −0.111% | — | $10.5M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0089% | 8h | 117.35 | −0.105% | $1.0M | $5.8M | 100x | as long as short |
| HTX SOL-USDT | +0.0091% | 8h | 117.32 | −0.126% | $228.0M | $45.5M | 75x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.35 | −0.106% | $13.1M | $59.6M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.34 | −0.110% | $2.1M | $16.3M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.34 | −0.109% | $344K | $226K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.41 | −0.053% | $65K | $839K | 20x | as long as short |
| Paradex SOL-USD-PERPlong | +0.0100% | 8h | 117.47 | long leg | $1.0M | $516K | 50x | |
| Nado SOL-PERP | +0.0100% | 1h | 117.44 | −0.027% | $5.8M | $39.0M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.39 | −0.071% | $176.2M | $179.1M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.46 | −0.010% | $14.5M | $128.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.43 | −0.036% | $966.5M | $3.72B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.47 | −0.002% | $825.4M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.46 | −0.010% | $365.9M | $1.63B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.41 | −0.053% | $238K | $851K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.42 | −0.042% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.44 | −0.025% | $135.1M | $16.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.36 | −0.095% | $855.7M | $650.5M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.36 | −0.095% | $423.0M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.38 | −0.076% | $129.6M | $212.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.38 | −0.076% | $486.3M | $431.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.39 | −0.070% | $23.6M | $37.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.72 | +0.212% | $24.4M | $115.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.60 | +0.109% | $94.5M | $392.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.57 | +0.087% | $48.2M | $28.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.76 | +0.245% | $1.5M | $5.9M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.63 | +0.135% | $1.3M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.38 | −0.078% | $354K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.36 | −0.095% | $200K | $1.6M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.39 | −0.073% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.34 | −0.112% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.36 | −0.095% | $45.7M | $100.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.31 | −0.139% | $8.2M | $36.1M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.41 | −0.055% | — | $216.2M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.64 | +0.143% | $6.5M | $13.4M | 25x | as long as short |
| RISEx SOL/USDC | +0.0136% | 1h | 117.48 | +0.005% | $1.9M | $4.9M | 20x | as long as short |
| Hyperliquid SOL | +0.0173% | 1h | 117.50 | +0.024% | $718.7M | $393.4M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 117.36 | −0.097% | $1.1M | $527K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0218% | 1h | 117.49 | +0.015% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.34 | −0.112% | $51.5M | $71.3M | 125x | as long as short |
| Perpl SOL | +0.0223% | 43m | 117.44 | −0.025% | $127K | $3.8M | 8.3x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 117.34 | −0.110% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0395% | 1h | 117.52 | +0.044% | $25K | $51K | 20x | as long as short |
Coinbase International SOL-PERP-INTX
BingX SOL-USDC
Orderly PERP_SOL_USDC
HTX SOL-USDT
Lighter SOL
Lighter RH SOL
Aevo SOL-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
Gate SOL_USDT
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
Jupiter Perps SOL-PERP
Phoenix SOL
RISEx SOL/USDC
Hyperliquid SOL
Reya SOLRUSDPERP
Injective SOL/USDC PERP
BloFin SOL-USDT
Perpl SOL
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD