SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h +0.061%

Price spread now: Hibachi against StandX+0.340%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs+$3as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on StandX Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 3 days (all we have)−0.312%−$31 · spread now +0.340%, 7d avg +0.020%

Together, before fees−0.408%+ Points / potential airdropStandX: Active · Hibachi: Active · farm board−$41 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Hibachi is 0.320% dearer against StandX than usual: you sell high and buy low (spread +0.340% now, against its 7-day average of +0.020%): +$32 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 6.8 days. At the pace of the last 7 days (−0.095% in total) that is about 23 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	118.73	0.0100	pay 0.0013% / 1h	1m 32s	$1.4M	$13.5M	30x
Short	Hibachi SOL/USDT-P	119.13	−0.0056	pay 0.0007% / 1h	1m 32s	$106K	$673K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against StandX. 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 StandXbpFee HibachibpOrdersPrice spread, now +0.340%Rate

Funding earned: −$32.76
Price spread: +0.340% → +0.020%: $32
Slippage, 4 orders: −$12.35
Fee StandX: 4 bp × 2 orders: −$8
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$30.11
Costs to cover: 0.293%
Break-even: from the start

Slippage from StandX: live order book, 3 min ago; Hibachi: live order book, 7 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 StandX live order book, 3 min ago	4.21 bp	9.8 bp −$10	10.7 bp −$107	27.0 bp −$2,697	doesn't fit
Sell Hibachi live order book, 7 min ago	0.67 bp	5.2 bp −$5	20.1 bp −$201	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
Hotstuff SOL-PERP	−0.0080%	1h	118.27	−0.390%	$925	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	118.43	−0.252%	—	$608K	20x	as long as short
HTX SOL-USDT	−0.0068%	8h	118.12	−0.517%	$229.7M	$44.0M	75x	as long as short
Derive SOL-PERP	−0.0063%	1h	118.29	−0.367%	$2.0M	$2.7M	13x	as long as short
Hibachi SOL/USDT-Pshort	−0.0056%	1h	119.13	+0.340%	$106K	$673K	20x
dYdX SOL-USD	−0.0015%	1h	118.30	−0.362%	$4.8M	$25.5M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	118.17	−0.468%	$31.9M	$97.3M	100x	as long as short
Gate SOL_USDT	−0.0009%	8h	118.20	−0.446%	$848.0M	$675.6M	100x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.42	−0.261%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.51	−0.188%	$1.2M	$20.0M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	118.47	−0.223%	$124K	$3.9M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	118.26	−0.396%	$26.6M	$24.9M	50x	as long as short
ApeX Omni SOLUSDT	+0.0025%	1h	118.68	−0.040%	$1.5M	$6.1M	50x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	118.24	−0.413%	$103K	$161K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	118.24	−0.413%	—	$367.4M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	118.38	−0.291%	$1.0M	$5.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.24	−0.411%	$8.1M	$407.3M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.27	−0.387%	$13.2M	$58.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.28	−0.379%	$2.2M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.36	−0.315%	$347K	$254K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.23	−0.422%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.16	−0.480%	$44K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.41	−0.270%	$5.8M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.39	−0.286%	$723.5M	$397.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.21	−0.441%	$178.8M	$177.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.30	−0.359%	$12.2M	$125.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.21	−0.438%	$972.3M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.24	−0.413%	$822.5M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.23	−0.421%	$369.8M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.24	−0.413%	$232K	$823K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.26	−0.395%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.23	−0.421%	$427.4M	$1.14B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.31	−0.356%	$138.0M	$203.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.21	−0.441%	$489.4M	$441.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.29	−0.371%	$23.9M	$36.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.00	+0.230%	$24.9M	$130.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.77	+0.035%	$95.4M	$401.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.04	+0.259%	$48.7M	$29.5M	20x	as long as short
StandX SOL-USDlong	+0.0100%	1h	118.73	long leg	$1.4M	$13.5M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	118.41	−0.270%	$353K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.41	−0.272%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.38	−0.296%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.34	−0.327%	$192K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.17	−0.472%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.30	−0.362%	$46.3M	$99.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.24	+0.425%	$137.6M	$12.7M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	118.19	−0.454%	$8.4M	$35.5M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.25	+0.438%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.51	−0.181%	—	$225.2M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.22	−0.428%	$1.8M	$4.5M	20x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.50	+0.649%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	118.40	−0.280%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.42	−0.261%	$51.9M	$73.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	118.42	−0.264%	$3.7M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0243%	1h	118.99	+0.219%	$25K	$51K	20x	as long as short