Funding you earn now, next payment 22:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.065%
Price spread now: Hibachi against Binance+0.097%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.409%+$41 · spread now +0.097%, 7d avg +0.040%
=Together, before fees+0.388%+ Points / potential airdropHibachi: Active · farm board+$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.057% dearer against Binance than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.040%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 7 days (−0.021% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOLUSDT | 119.08 | 0.0100 | pay 0.0100% / 8h | 1h 59m | $975.9M | $3.79B | 100x |
| Short | Hibachi SOL/USDT-P | 119.20 | 0.0056 | get 0.0007% / 1h | 59m 54s | $120K | $633K | 20x |
Binance SOLUSDT
Hibachi SOL/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Binance. 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
- −$9.24
- Price spread: +0.097% → +0.040%
- $5.69
- Slippage, 4 orders
- −$2.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$24.72
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Hibachi: live order book, 24 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 Binance live order book, 14 min ago | 0.42 bp | 5.4 bp −$5 | 5.4 bp −$54 | 9.7 bp −$968 | 20.3 bp −$10.1K |
| Sell Hibachi live order book, 24 min ago | 0.50 bp | 5.0 bp −$5 | 21.7 bp −$217 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0151% | 1h | 119.41 | +0.277% | $4K | $2K | 12x | as long as short |
| Derive SOL-PERP | −0.0100% | 1h | 119.07 | −0.006% | $2.0M | $3.1M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.08 | +0.004% | $844 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0066% | 1h | 119.10 | +0.014% | — | $724K | 20x | as long as short |
| dYdX SOL-USD | −0.0008% | 1h | 119.14 | +0.049% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.18 | +0.081% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.17 | +0.074% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.16 | +0.069% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0003% | 1h | 119.20 | +0.104% | $26.7M | $27.7M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0045% | 1h | 119.23 | +0.124% | $24K | $47K | 20x | as long as short |
Injective SOL/USDC PERP
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
Aftermath Perps SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-Pshort | +0.0056% | 1h | 119.20 | +0.097% | $120K | $633K | 20x | |
| Orderly PERP_SOL_USDC | +0.0063% | 8h | 119.18 | +0.084% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0063% | 8h | 119.19 | +0.093% | $232.2M | $44.7M | 75x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.18 | +0.084% | $104K | $153K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.10 | +0.014% | — | $10.5M | — | as long as short |
| Gate SOL_USDT | +0.0091% | 8h | 119.10 | +0.017% | $867.9M | $690.3M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.11 | +0.023% | $13.6M | $55.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.09 | +0.013% | $2.1M | $17.2M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.15 | +0.058% | $353K | $748K | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0097% | 1h | 119.07 | −0.011% | $1.5M | $6.2M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.09 | +0.004% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.09 | +0.008% | $48K | $787K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.12 | +0.033% | $6.3M | $42.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.22 | +0.122% | $719.2M | $414.6M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.11 | +0.026% | $178.6M | $176.1M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.16 | +0.068% | $12.4M | $115.7M | 20x | as long as short |
| Binance SOLUSDTlong | +0.0100% | 8h | 119.08 | long leg | $975.9M | $3.79B | 100x | |
| Bybit SOLUSDT | +0.0100% | 8h | 119.10 | +0.017% | $821.4M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.08 | 0.000% | $371.8M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.10 | +0.017% | $233K | $874K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.17 | +0.080% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.05 | −0.022% | $133.5M | $10.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.10 | +0.017% | $437.4M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.11 | +0.026% | $140.6M | $198.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.10 | +0.019% | $496.3M | $453.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.13 | +0.042% | $24.3M | $38.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.18 | +0.084% | $27.4M | $127.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.17 | +0.076% | $95.7M | $398.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.15 | +0.057% | $48.8M | $33.1M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.19 | +0.092% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.15 | +0.059% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.14 | +0.054% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.14 | +0.054% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.13 | +0.046% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.14 | +0.050% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.13 | +0.042% | $46.5M | $102.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.09 | +0.008% | $8.7M | $36.6M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.17 | +0.071% | $8.2M | $416.5M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.09 | +0.010% | — | $222.1M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.22 | +0.118% | $6.5M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0089% | 1h | 119.17 | +0.078% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 119.17 | +0.072% | $1.6M | $6.0M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 119.14 | +0.046% | $1.1M | $558K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.05 | −0.025% | $52.0M | $86.7M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0223% | 1h | 119.15 | +0.055% | $35.4M | $91.3M | 100x | as long as short |
Orderly PERP_SOL_USDC
HTX SOL-USDT
01 Exchange SOLUSD
BingX SOL-USDC
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
ApeX Omni SOLUSDT
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
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
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
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD