Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h −0.091%
Price spread now: Jupiter Perps against Hibachi+0.023%7-day average −0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.170%−$17 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.023%, 7d avg −0.026%
Together, before fees−0.278%+ Points / potential airdropHibachi: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Jupiter Perps is 0.050% dearer against Hibachi than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.026%. Mind the row above: over the last 3 days funding on this pair cost −0.170%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi SOL/USDT-P116.46−0.0192get 0.0024% / 1h22m 36s$104K$703K20x
ShortJupiter Perps SOL-PERP116.49L +0.0120% / S +0.0048%pay 0.0006% / 1h22m 36s$231.7M500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Jupiter Perps 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

Funding earned
$30.24
Price spread: +0.023% → −0.026%
$4.95
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
$14.19
Costs to cover
0.210%
Break-even
3.7 days
Slippage unknown: Hibachi: live order book, 31 min ago; Jupiter Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi live order book, 31 min ago1.15 bp6.4 bp −$618.1 bp −$181doesn't fitdoesn't fit
Sell Jupiter Perps no order-book sample
Jupiter Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD−0.0193%1h116.46−0.001%$30.9M$101.2M100xas long as short
Hibachi SOL/USDT-Plong−0.0192%1h116.46long leg$104K$703K20x
Vest SOL-PERP−0.0099%1h116.38−0.071%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.36−0.088%$1K$8K25xas long as short
Bybit SOLUSDT−0.0024%8h116.37−0.076%$755.4M$1.39B100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.49+0.027%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.52+0.051%$1.4M$19.0M3.1xas long as short
dYdX SOL-USD+0.0014%1h116.37−0.076%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0032%1h116.41−0.038%$1.9M$2.9M13xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.47+0.011%$7.6M$404.5M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0064%1h116.36−0.084%$99K$174K20xas long as short
Bullet SOL-USD+0.0077%1h116.47+0.009%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.49+0.031%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.35−0.093%$13.1M$60.4M25xas long as short
Lighter RH SOL+0.0096%1h116.33−0.111%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.48+0.023%$350K$247K20xas long as short
Bitget SOLUSDT+0.0097%8h116.30−0.135%$480.0M$445.5M100xas long as short
Katana Perps SOL-USD+0.0099%8h116.30−0.136%$61K$896K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.36−0.082%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.35−0.095%$5.4M$40.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.47+0.010%$701.9M$394.8M20xas long as short
Aster SOLUSDT+0.0100%8h116.38−0.070%$174.3M$183.4M100xas long as short
Pacifica SOL+0.0100%1h116.38−0.069%$15.8M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.43−0.020%$971.4M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.44−0.015%$366.3M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.29−0.144%$229K$835K10xas long as short
Arcus SOL-USD+0.0100%1h116.35−0.089%$920K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.45−0.005%$133.0M$16.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.34−0.101%$850.7M$664.5M100xas long as short
MEXC SOL_USDT+0.0100%8h116.33−0.110%$363.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.39−0.056%$129.0M$223.4M75xas long as short
BingX SOL-USDT+0.0100%8h116.30−0.137%$365.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.45−0.007%$23.0M$40.1M50xas long as short
Variational Omni SOL+0.0100%8h116.40−0.047%$24.4M$113.5Mas long as short
edgeX SOLUSDC+0.0100%4h116.61+0.133%$93.6M$400.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.45−0.007%$47.6M$30.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.64+0.156%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.51+0.045%$1.3M$12.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.46+0.002%$320K$2.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.48+0.021%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.47+0.012%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.46+0.002%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.45−0.005%$225.7M$48.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.50+0.036%$45.5M$103.2M50xas long as short
Extended SOL-USD+0.0104%1h116.27−0.163%$8.2M$37.7M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.70+0.208%$4K$2K12xas long as short
Jupiter Perps SOL-PERPshortL +0.0120% / S +0.0048%1h116.49+0.023%$231.7M500x
Phoenix SOL+0.0151%1h116.64+0.156%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0161%1h116.54+0.073%$26.3M$23.3M50xas long as short
Reya SOLRUSDPERP+0.0191%1h116.46−0.002%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.45−0.007%$51.9M$67.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.48+0.020%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.50+0.037%$138K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0561%1h116.39−0.060%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0568%1h116.63+0.150%$25K$51K20xas long as short