Funding you earn now, next payment 07:00 UTC+0.0306%/8h= +33.5% APRnext payment +$0.38 per $10,000 · paid last 24h −0.010%
Price spread now: Reya against Hibachi−0.036%7-day average −0.046% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.036%, 7d avg −0.046%
=Together, before fees+0.175%+ Points / potential airdropHibachi: Active · Reya: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SOL/USDT-P | 116.64 | −0.0112 | get 0.0014% / 1h | 44m 19s | $97K | $687K | 20x |
| Short | Reya SOLRUSDPERP | 116.60 | 0.0194 | get 0.0024% / 1h | 44m 19s | $1.1M | $544K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $64.22
- Price spread: −0.036% → −0.046%
- $0.98
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $50.2
- Costs to cover
- 0.150%
- Break-even
- 1.5 days
Slippage unknown: Hibachi: live order book, 65 min ago; Reya: 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, 65 min ago | 0.30 bp | 5.6 bp −$6 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-Plong | −0.0112% | 1h | 116.64 | long leg | $97K | $687K | 20x | |
| Bybit SOLUSDT | −0.0111% | 8h | 116.53 | −0.092% | $741.6M | $1.44B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.43 | −0.175% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0072% | 1h | 116.55 | −0.072% | $33.1M | $105.3M | 100x | as long as short |
| Derive SOL-PERP | −0.0053% | 1h | 116.51 | −0.109% | $1.9M | $3.0M | 13x | as long as short |
| Vest SOL-PERP | −0.0011% | 1h | 116.59 | −0.038% | — | $628K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.66 | +0.016% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.46 | −0.155% | $1.5M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.69 | +0.044% | $113K | $3.6M | 8.3x | as long as short |
| dYdX SOL-USD | +0.0013% | 1h | 116.65 | +0.010% | $4.3M | $23.8M | 20x | 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 | +0.0040% | 1h | 116.68 | +0.037% | $100K | $176K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.66 | +0.022% | $8.2M | $405.6M | 50x | as long as short |
| Bitget SOLUSDT | +0.0050% | 8h | 116.56 | −0.066% | $480.0M | $462.4M | 100x | as long as short |
| Lighter RH SOL | +0.0056% | 1h | 116.63 | −0.011% | $2.2M | $16.8M | 25x | as long as short |
| SoDEX SOL-USD | +0.0066% | 1h | 116.64 | +0.002% | $6.1M | $10.9M | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0090% | 8h | 116.57 | −0.058% | $1.0M | $6.0M | 100x | as long as short |
| Aster SOLUSDT | +0.0090% | 8h | 116.68 | +0.035% | $175.9M | $176.2M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.64 | +0.002% | $13.1M | $60.4M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.55 | −0.074% | $349K | $249K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0097% | 8h | 116.66 | +0.022% | $1.0M | $551K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.64 | +0.002% | $64K | $908K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.60 | −0.033% | $5.5M | $41.1M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.72 | +0.071% | $698.4M | $410.2M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.70 | +0.056% | $15.7M | $130.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.62 | −0.015% | $968.7M | $3.91B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.55 | −0.075% | $371.0M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.63 | −0.006% | $217K | $888K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.70 | +0.055% | $904K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.55 | −0.075% | $125.4M | $23.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.62 | −0.015% | $845.0M | $665.9M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.63 | −0.006% | $361.2M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.64 | +0.006% | $129.3M | $232.3M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.58 | −0.050% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.65 | +0.011% | $23.1M | $38.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.33 | −0.259% | $24.8M | $112.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.46 | −0.155% | $93.5M | $411.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.44 | −0.170% | $47.7M | $31.1M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.51 | −0.109% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.44 | −0.169% | $1.3M | $12.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.62 | −0.015% | $313K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.63 | −0.006% | $234K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.59 | −0.044% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.61 | −0.027% | $189K | $1.8M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.62 | −0.018% | $225.8M | $50.7M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.65 | +0.011% | $45.4M | $105.7M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.52 | −0.102% | $8.0M | $39.3M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0104% | 1h | 116.63 | −0.007% | $26.4M | $21.9M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.65 | +0.009% | — | $237.0M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0176% | 1h | 116.50 | −0.118% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0178% | 1h | 116.66 | +0.019% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERPshort | +0.0194% | 1h | 116.60 | −0.036% | $1.1M | $544K | 25x | |
| BloFin SOL-USDT | +0.0220% | 8h | 116.65 | +0.011% | $52.4M | $68.7M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0173% | 1h | 116.64 | −0.001% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0451% | 1h | 116.76 | +0.103% | $2.1M | $4.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0492% | 1h | 116.65 | +0.010% | $25K | $56K | 20x | as long as short |
Bybit SOLUSDT
Kraken Futures PF_SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Bitget SOLUSDT
Lighter RH SOL
SoDEX SOL-USD
Aster SOLUSDT
Lighter SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
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
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD