Funding you earn now, next payment 05:00 UTC−0.0276%/8h= −30.2% APRpaid last 24h +0.049%
Price spread now: Hibachi against HTX+0.148%7-day average +0.035% · 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−$15as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.148%, 7d avg +0.035%
=Together, before fees−0.053%+ Points / potential airdropHibachi: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.114% dearer against HTX than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of +0.035%): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.047% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment. 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 | HTX SOL-USDT | 116.55 | 0.0100 | pay 0.0100% / 8h | 3h 26m | $225.9M | $48.1M | 75x |
| Short | Hibachi SOL/USDT-P | 116.72 | −0.0176 | pay 0.0022% / 1h | 26m 38s | $103K | $701K | 20x |
HTX SOL-USDT
Hibachi SOL/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against HTX. 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
- −$57.96
- Price spread: +0.148% → +0.035%
- $11.36
- Slippage, 4 orders
- −$5.04
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$72.64
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; Hibachi: live order book, 27 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 HTX live order book, 3 min ago | 0.00 bp | 6.0 bp −$6 | 7.7 bp −$77 | 14.9 bp −$1,495 | 37.8 bp −$18.9K |
| Sell Hibachi live order book, 27 min ago | 1.15 bp | 6.5 bp −$6 | 24.9 bp −$249 | doesn't fit | doesn't fit |
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 | 116.59 | +0.035% | $31.0M | $101.1M | 100x | as long as short |
| Hibachi SOL/USDT-Pshort | −0.0176% | 1h | 116.72 | +0.148% | $103K | $701K | 20x | |
| Vest SOL-PERP | −0.0093% | 1h | 116.59 | +0.035% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.66 | +0.095% | $1K | $8K | 25x | as long as short |
| Bybit SOLUSDT | −0.0004% | 8h | 116.46 | −0.074% | $756.8M | $1.38B | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.62 | +0.060% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | +0.0013% | 1h | 116.57 | +0.018% | $4.4M | $24.2M | 20x | as long as short |
| Derive SOL-PERP | +0.0032% | 1h | 116.54 | −0.010% | $1.9M | $2.9M | 13x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.61 | +0.053% | $7.6M | $404.9M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 116.63 | +0.072% | $99K | $174K | 20x | as long as short |
Kraken Futures PF_SOLUSD
Vest SOL-PERP
Hotstuff SOL-PERP
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Derive SOL-PERP
Coinbase International SOL-PERP-INTX
01 Exchange SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SOL-USD | +0.0090% | 1h | 116.59 | +0.039% | $147K | $1.6M | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0093% | 8h | 116.61 | +0.054% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.58 | +0.025% | $13.1M | $60.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.55 | +0.003% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.59 | +0.040% | $349K | $246K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.58 | +0.029% | $61K | $895K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.59 | +0.033% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.64 | +0.079% | $5.4M | $40.2M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.66 | +0.097% | $704.3M | $394.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.53 | −0.014% | $174.6M | $183.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.59 | +0.036% | $15.8M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.54 | −0.004% | $972.3M | $3.82B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.56 | +0.011% | $366.2M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.57 | +0.020% | $229K | $839K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.57 | +0.023% | $920K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.75 | +0.175% | $133.5M | $19.9M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.53 | −0.014% | $851.6M | $663.4M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.56 | +0.011% | $366.6M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.54 | −0.005% | $129.0M | $223.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.51 | −0.028% | $480.9M | $444.7M | 100x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.50 | −0.038% | — | $10.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.54 | −0.006% | $23.0M | $40.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.79 | +0.213% | $24.6M | $113.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.73 | +0.161% | $93.7M | $399.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.68 | +0.114% | $47.7M | $30.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.87 | +0.277% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.68 | +0.114% | $1.3M | $12.6M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.60 | +0.046% | $320K | $2.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.61 | +0.054% | $25K | $31K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.60 | +0.047% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.59 | +0.037% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDTlong | +0.0100% | 8h | 116.55 | long leg | $225.9M | $48.1M | 75x | |
| Phemex SOLUSDT | +0.0100% | 8h | 116.64 | +0.080% | $45.7M | $103.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.50 | −0.043% | $8.3M | $37.7M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0106% | 8h | 116.62 | +0.064% | $1.4M | $19.0M | 3.1x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.70 | +0.132% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.68 | +0.114% | — | $231.6M | 500x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.77 | +0.192% | $6.5M | $13.8M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0163% | 1h | 116.66 | +0.093% | $26.3M | $23.3M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0191% | 1h | 116.58 | +0.032% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.59 | +0.037% | $51.9M | $67.2M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0178% | 1h | 116.61 | +0.053% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.69 | +0.122% | $138K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0547% | 1h | 116.78 | +0.201% | $25K | $51K | 20x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 116.61 | +0.058% | $1.9M | $4.8M | 20x | as long as short |
Bullet SOL-USD
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
Bitget SOLUSDT
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Kalshi KXSOLPERP
Injective SOL/USDC PERP
Jupiter Perps SOL-PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
Aftermath Perps SOLUSD
RISEx SOL/USDC