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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0092%/8h= −10.1% APRnext payment $0.12 per $10,000 · paid last 24h +0.063%
Price spread now: Hibachi against Ondo Perps+0.129%7-day average +0.071% · 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 7 days−0.092%−$9 on $10k
Price spread, last 3 days (all we have)+0.285%+$29 · spread now +0.129%, 7d avg +0.071%
Together, before fees+0.194%+ Points / potential airdropOndo Perps: Active · Hibachi: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.058% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.071%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.092% in total) that is about 4.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P119.100.0100pay 0.0013% / 1h47m 12s$234K$874K10x
ShortHibachi SOL/USDT-P119.250.0008get 0.0001% / 1h47m 12s$120K$618K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Ondo Perps. 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
−$19.32
Price spread: +0.129% → +0.071%
$5.77
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$27.55
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Hibachi: live order book, 37 min ago. 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 Ondo Perps no order-book sample
Sell Hibachi live order book, 37 min ago0.50 bp5.0 bp −$521.7 bp −$217doesn't fitdoesn't fit
Ondo 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
Bluefin SOL-PERP−0.0788%1h119.30+0.166%$37K$17K25xas long as short
Derive SOL-PERP−0.0080%1h119.23+0.111%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.42+0.266%$847$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.31+0.173%$722K20xas long as short
dYdX SOL-USD−0.0003%1h119.43+0.275%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.30+0.168%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.40+0.249%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.30+0.165%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-Pshort+0.0008%1h119.25+0.129%$120K$618K20x
Phoenix SOL+0.0054%1h119.20+0.084%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0057%1h119.27+0.143%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0065%8h119.32+0.181%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0069%8h119.27+0.144%$232.3M$44.5M75xas long as short
BingX SOL-USDC+0.0080%8h119.34+0.202%$10.5Mas long as short
01 Exchange SOLUSD+0.0088%1h119.44+0.285%$104K$153K20xas long as short
Lighter SOL+0.0096%1h119.29+0.162%$13.6M$55.0M25xas long as short
Lighter RH SOL+0.0096%1h119.28+0.147%$2.1M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h119.30+0.171%$353K$748K20xas long as short
Gate SOL_USDT+0.0097%8h119.28+0.151%$869.6M$677.5M100xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.33+0.195%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.39+0.243%$46K$789K20xas long as short
Nado SOL-PERP+0.0100%1h119.40+0.248%$6.3M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.43+0.277%$720.5M$414.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.34+0.202%$178.6M$176.0M100xas long as short
Pacifica SOL+0.0100%1h119.43+0.275%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.30+0.168%$982.7M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.33+0.193%$824.7M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.31+0.176%$371.9M$1.71B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h119.10long leg$234K$874K10x
Arcus SOL-USD+0.0100%1h119.46+0.302%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.15+0.043%$133.6M$9.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.28+0.151%$438.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.30+0.165%$140.7M$199.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.30+0.170%$496.0M$454.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.34+0.202%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.16+0.054%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.18+0.065%$95.7M$398.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.100.000%$48.7M$32.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.100.000%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.15+0.042%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.40+0.252%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27+0.141%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.40+0.250%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.29+0.160%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.25+0.126%$46.6M$102.0M50xas long as short
Extended SOL-USD+0.0104%1h119.26+0.136%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.32+0.187%$8.2M$415.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.35+0.214%$221.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.28+0.152%$32.6M$94.9M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0152%1h119.36+0.221%$26.8M$27.6M50xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.29+0.163%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.36+0.219%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.45+0.292%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13+0.025%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.36+0.218%$52.2M$84.6M125xas long as short