SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0291%/8h= +31.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.126%

Price spread now: Injective against Hibachi+0.113%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Injective is 0.113% dearer against Hibachi than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi SOL/USDT-P	116.57	−0.0184	get 0.0023% / 1h	24m 37s	$105K	$703K	20x
Short	Injective SOL/USDC PERP	116.70	0.0107	get 0.0013% / 1h	24m 37s	$4K	$2K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Hibachi. 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 HibachibpFee InjectivebpOrdersPrice spread, now +0.113%Rate

Funding earned: $61.1
Price spread: +0.113% → 0.000%: $11.32
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $63.4
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Hibachi: live order book, 29 min ago; Injective: no order-book sample. Net counts fees only.

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, 29 min ago	1.15 bp	6.4 bp −$6	18.1 bp −$181	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0193%	1h	116.46	−0.091%	$30.9M	$101.2M	100x	as long as short
Hibachi SOL/USDT-Plong	−0.0184%	1h	116.57	long leg	$105K	$703K	20x
Vest SOL-PERP	−0.0097%	1h	116.46	−0.090%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.53	−0.030%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0015%	8h	116.38	−0.161%	$755.6M	$1.38B	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.48	−0.077%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.58	+0.008%	$1.4M	$19.0M	3.1x	as long as short
dYdX SOL-USD	+0.0015%	1h	116.51	−0.053%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0032%	1h	116.39	−0.156%	$1.9M	$2.9M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.48	−0.072%	$7.6M	$404.6M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0064%	1h	116.49	−0.067%	$99K	$174K	20x	as long as short
Bullet SOL-USD	+0.0081%	1h	116.46	−0.090%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0094%	8h	116.47	−0.083%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.45	−0.101%	$13.1M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.43	−0.118%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.46	−0.089%	$350K	$247K	20x	as long as short
Bitget SOLUSDT	+0.0098%	8h	116.47	−0.086%	$480.8M	$445.1M	100x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.47	−0.084%	$61K	$895K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.46	−0.096%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.54	−0.023%	$5.4M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.54	−0.024%	$703.0M	$394.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.43	−0.118%	$174.4M	$183.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.48	−0.074%	$15.8M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.45	−0.101%	$971.5M	$3.82B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.50	−0.058%	$366.7M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.47	−0.084%	$229K	$836K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.52	−0.042%	$921K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.75	+0.156%	$133.5M	$19.9M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.43	−0.118%	$851.0M	$664.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.48	−0.075%	$365.2M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.49	−0.067%	$129.1M	$223.3M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.44	−0.111%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.46	−0.093%	$23.0M	$40.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.40	−0.141%	$24.4M	$113.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.61	+0.039%	$93.6M	$400.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.68	+0.096%	$47.7M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.64	+0.062%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.58	+0.010%	$1.3M	$12.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.48	−0.075%	$320K	$2.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.46	−0.091%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.46	−0.092%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.47	−0.084%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.47	−0.085%	$225.7M	$48.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.50	−0.058%	$45.5M	$103.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.39	−0.149%	$8.3M	$37.7M	50x	as long as short
Injective SOL/USDC PERPshort	+0.0107%	1h	116.70	+0.113%	$4K	$2K	12x
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.56	−0.004%	—	$231.6M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.64	+0.062%	$6.5M	$13.8M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0190%	1h	116.53	−0.034%	$26.3M	$23.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.46	−0.093%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.46	−0.093%	$51.8M	$67.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.46	−0.090%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.55	−0.012%	$138K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0547%	1h	116.71	+0.119%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.57	+0.003%	$1.9M	$4.8M	20x	as long as short