Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h −0.085%
Price spread now: dYdX against Hibachi+0.006%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.006%, 7d avg −0.028%
=Together, before fees−0.409%+ Points / potential airdropHibachi: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.035% dearer against Hibachi than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.028%. Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SOL/USDT-P | 117.02 | −0.0080 | get 0.0010% / 1h | 1m 54s | $102K | $689K | 20x |
| Short | dYdX SOL-USD | 117.03 | 0.0008 | get 0.0001% / 1h | 1m 54s | $4.3M | $23.8M | 20x |
Hibachi SOL/USDT-P
dYdX SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $18.54
- Price spread: +0.006% → −0.028%
- $3.45
- Slippage, 4 orders
- −$4.24
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$1.25
- Costs to cover
- 0.232%
- Break-even
- 7.5 days
Slippage from Hibachi: live order book, 47 min ago; dYdX: live order book, 2 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, 47 min ago | 0.30 bp | 5.6 bp −$6 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 2 min ago | 0.43 bp | 7.1 bp −$7 | 15.4 bp −$154 | 22.7 bp −$2,268 | 156.3 bp −$78.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | −0.0239% | 1h | 116.99 | −0.025% | $33.0M | $104.1M | 100x | as long as short |
| Bybit SOLUSDT | −0.0104% | 8h | 116.91 | −0.097% | $741.7M | $1.44B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.11 | +0.078% | $1K | $8K | 25x | as long as short |
| Hibachi SOL/USDT-Plong | −0.0080% | 1h | 117.02 | long leg | $102K | $689K | 20x | |
| Vest SOL-PERP | −0.0033% | 1h | 116.97 | −0.041% | — | $625K | 20x | as long as short |
| Derive SOL-PERP | −0.0010% | 1h | 116.91 | −0.096% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.98 | −0.031% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.09 | +0.062% | $1.5M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.99 | −0.022% | $110K | $3.7M | 8.3x | as long as short |
| dYdX SOL-USDshort | +0.0008% | 1h | 117.03 | +0.006% | $4.3M | $23.8M | 20x |
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0032% | 1h | 116.99 | −0.025% | $101K | $179K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 117.01 | −0.010% | $7.9M | $407.8M | 50x | as long as short |
| Bitget SOLUSDT | +0.0060% | 8h | 116.92 | −0.081% | $482.0M | $462.1M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0094% | 8h | 116.97 | −0.038% | $1.0M | $6.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.97 | −0.043% | $13.1M | $61.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.95 | −0.057% | $2.2M | $17.0M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.97 | −0.041% | $352K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.95 | −0.059% | $62K | $911K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 116.99 | −0.023% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.95 | −0.057% | $5.5M | $41.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.09 | +0.061% | $701.7M | $408.4M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.94 | −0.070% | $176.3M | $176.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.03 | +0.012% | $15.8M | $130.4M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.93 | −0.076% | $972.7M | $3.90B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.92 | −0.085% | $372.1M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.99 | −0.025% | $218K | $883K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.00 | −0.016% | $908K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.05 | +0.025% | $126.2M | $23.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.94 | −0.068% | $846.3M | $677.5M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.94 | −0.068% | $366.9M | $1.09B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.95 | −0.056% | $129.0M | $231.5M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.94 | −0.071% | — | $372.1M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.97 | −0.042% | $23.1M | $38.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.05 | +0.030% | $24.8M | $113.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.07 | +0.043% | $94.0M | $411.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.02 | +0.001% | $47.9M | $30.9M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.13 | +0.091% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.10 | +0.069% | $1.3M | $12.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.97 | −0.042% | $313K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.98 | −0.030% | $236K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.99 | −0.023% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.96 | −0.054% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.96 | −0.051% | $6.1M | $10.9M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.96 | −0.048% | $226.5M | $50.5M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.96 | −0.051% | $45.5M | $105.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.89 | −0.109% | $8.1M | $39.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 117.07 | +0.043% | — | $238.4M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0171% | 1h | 117.05 | +0.025% | $26.5M | $22.1M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 117.09 | +0.061% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0179% | 1h | 117.18 | +0.137% | $6.6M | $13.7M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0194% | 1h | 116.93 | −0.075% | $1.1M | $544K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.04 | +0.018% | $52.1M | $68.7M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0173% | 1h | 116.98 | −0.032% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0492% | 1h | 117.04 | +0.016% | $25K | $56K | 20x | as long as short |
| RISEx SOL/USDC | +0.0547% | 1h | 117.05 | +0.024% | $2.1M | $4.9M | 20x | as long as short |
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Bitget SOLUSDT
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDT
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
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC