Funding you earn now, next payment 09:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.035%
Price spread now: BingX against Hibachi−0.001%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.821%−$82 · spread now −0.001%, 7d avg −0.041%
=Together, before fees−0.787%+ Points / potential airdropHibachi: Active · farm board−$79 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.040% dearer against Hibachi than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.041%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SOL/USDT-P | 116.03 | 0.0144 | pay 0.0018% / 1h | 26m 10s | $104K | $677K | 20x |
| Short | BingX SOL-USDT | 116.03 | 0.0100 | get 0.0100% / 8h | 7h 26m | — | $370.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$9.24
- Price spread: −0.001% → −0.041%
- $3.96
- Slippage, 4 orders
- −$4.23
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$28.51
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from Hibachi: live order book, 8 min ago; BingX: live order book, 13 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, 8 min ago | 0.22 bp | 4.8 bp −$5 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 0.77 bp | 5.8 bp −$6 | 5.8 bp −$58 | 8.1 bp −$812 | 12.0 bp −$6,007 |
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 | 116.26 | +0.192% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0065% | 1h | 115.82 | −0.180% | $1.8M | $2.9M | 13x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.10 | +0.054% | $32.2M | $104.2M | 100x | as long as short |
| Bybit SOLUSDT | −0.0019% | 8h | 116.15 | +0.100% | $728.7M | $1.37B | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 115.84 | −0.167% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.05 | +0.012% | $5.1M | $22.3M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.09 | +0.052% | $1.4M | $19.3M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.05 | +0.012% | $99K | $3.3M | 8.3x | as long as short |
| Vest SOL-PERP | +0.0004% | 1h | 116.02 | −0.008% | — | $640K | 20x | as long as short |
| Bitget SOLUSDT | +0.0022% | 8h | 116.02 | −0.013% | $479.1M | $441.5M | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 116.08 | +0.043% | $7.8M | $388.2M | 50x | as long as short |
| Aster SOLUSDT | +0.0050% | 8h | 116.09 | +0.051% | $176.1M | $169.2M | 100x | as long as short |
| Gate SOL_USDT | +0.0054% | 8h | 116.05 | +0.014% | $844.0M | $614.9M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0066% | 8h | 116.05 | +0.010% | $1.0M | $5.7M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0068% | 1h | 116.11 | +0.069% | $26.1M | $21.2M | 50x | as long as short |
| SoDEX SOL-USD | +0.0073% | 1h | 116.04 | +0.006% | $6.0M | $11.1M | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.05 | +0.012% | $13.1M | $56.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.04 | +0.002% | $2.1M | $14.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.01 | −0.021% | $350K | $248K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 116.00 | −0.031% | $1.0M | $553K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.03 | −0.003% | $58K | $906K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.02 | −0.013% | $5.4M | $40.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.14 | +0.092% | $697.2M | $408.9M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.07 | +0.033% | $15.6M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.11 | +0.067% | $957.5M | $3.80B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.17 | +0.118% | $364.7M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.07 | +0.032% | $217K | $843K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.05 | +0.010% | $945K | $8.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.04 | +0.006% | $382.9M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.03 | 0.000% | $129.3M | $237.3M | 75x | as long as short |
| BingX SOL-USDTshort | +0.0100% | 8h | 116.03 | −0.001% | — | $370.1M | — | |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.04 | +0.006% | $22.8M | $37.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 115.94 | −0.084% | $24.8M | $104.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 115.95 | −0.072% | $93.1M | $405.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 115.95 | −0.068% | $47.4M | $27.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.01 | −0.020% | $1.1M | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.00 | −0.029% | $1.3M | $10.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.09 | +0.049% | $318K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.02 | −0.010% | $281K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.06 | +0.025% | $188K | $1.7M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.06 | +0.022% | $224.7M | $50.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.06 | +0.023% | $45.1M | $102.8M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 115.76 | −0.239% | $125.0M | $25.2M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.00 | −0.032% | $8.1M | $35.6M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0104% | 1h | 116.10 | +0.057% | $100K | $184K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.04 | +0.010% | — | $227.6M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.01 | −0.020% | $6.5M | $13.4M | 25x | as long as short |
| Hibachi SOL/USDT-Plong | +0.0144% | 1h | 116.03 | long leg | $104K | $677K | 20x | |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | +0.264% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0197% | 1h | 115.94 | −0.083% | $1.1M | $543K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 115.98 | −0.046% | $52.2M | $62.0M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.02 | −0.013% | $3.5M | — | 200x | as long as short |
| Bluefin SOL-PERP | +0.0311% | 1h | 116.04 | +0.005% | $27K | $36K | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0404% | 1h | 116.07 | +0.034% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.07 | +0.030% | $2.1M | $4.8M | 20x | as long as short |
BingX SOL-USDT
Derive SOL-PERP
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Bitget SOLUSDT
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
Gate SOL_USDT
Deribit SOL_USDC-PERPETUAL
SoDEX SOL-USD
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
MEXC SOL_USDT
KuCoin SOLUSDTM
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
HTX SOL-USDT
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
01 Exchange SOLUSD
Phoenix SOL
Injective SOL/USDC PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Bluefin SOL-PERP
Aftermath Perps SOLUSD
RISEx SOL/USDC