Funding you earn now, next payment 04:00 UTC−0.0228%/8h= −25.0% APRnext payment −$0.29 per $10,000 · paid last 24h +0.052%
Price spread now: Hibachi against Pacifica+0.058%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.407%+$41 · spread now +0.058%, 7d avg +0.012%
=Together, before fees+0.396%+ Points / potential airdropPacifica: Active · Hibachi: Active · farm board+$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.045% dearer against Pacifica than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.012%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.010% in total) that is about 30 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.29 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 | Pacifica SOL | 116.62 | 0.0100 | pay 0.0013% / 1h | 21m 32s | $15.7M | $130.0M | 20x |
| Short | Hibachi SOL/USDT-P | 116.69 | −0.0128 | pay 0.0016% / 1h | 21m 32s | $103K | $701K | 20x |
Pacifica SOL
Hibachi SOL/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Pacifica. 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
- −$47.88
- Price spread: +0.058% → +0.012%
- $4.51
- Slippage, 4 orders
- −$4.27
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$64.63
- Costs to cover
- 0.213%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Hibachi: live order book, 37 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 Pacifica live order book, 3 min ago | 0.43 bp | 4.4 bp −$4 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 37 min ago | 1.03 bp | 5.5 bp −$6 | 27.6 bp −$276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-Pshort | −0.0128% | 1h | 116.69 | +0.058% | $103K | $701K | 20x | |
| Vest SOL-PERP | −0.0097% | 1h | 116.56 | −0.059% | — | $602K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.76 | +0.118% | $913 | $8K | 25x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.69 | +0.056% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.74 | +0.097% | $1.5M | $18.7M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0001% | 1h | 116.63 | +0.004% | $4.4M | $24.2M | 20x | as long as short |
| Derive SOL-PERP | +0.0031% | 1h | 116.65 | +0.020% | $1.9M | $2.9M | 13x | as long as short |
| 01 Exchange SOLUSD | +0.0048% | 1h | 116.60 | −0.021% | $99K | $172K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.69 | +0.060% | $7.4M | $404.8M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.68 | +0.050% | $31.1M | $100.2M | 100x | as long as short |
Vest SOL-PERP
Hotstuff SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
dYdX SOL-USD
Derive SOL-PERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.72 | +0.080% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.59 | −0.029% | $13.0M | $60.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.59 | −0.032% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.70 | +0.069% | $347K | $244K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.54 | −0.073% | $51K | $866K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.63 | +0.005% | $1.0M | $549K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.58 | −0.040% | $5.3M | $39.8M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.70 | +0.065% | $704.4M | $395.5M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.58 | −0.035% | $174.7M | $182.2M | 100x | as long as short |
| Pacifica SOLlong | +0.0100% | 1h | 116.62 | long leg | $15.7M | $130.0M | 20x | |
| Binance SOLUSDT | +0.0100% | 8h | 116.58 | −0.038% | $969.1M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.53 | −0.081% | $781.8M | $1.35B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.59 | −0.030% | $369.0M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.74 | +0.099% | $231K | $847K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.59 | −0.033% | $927K | $9.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.58 | −0.038% | $841.6M | $662.6M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.59 | −0.030% | $387.3M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.58 | −0.039% | $127.9M | $219.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.56 | −0.057% | $478.9M | $441.0M | 100x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.54 | −0.075% | — | $10.5M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.61 | −0.013% | $23.3M | $38.3M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.61 | −0.010% | $24.3M | $113.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.67 | +0.043% | $93.7M | $398.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.70 | +0.066% | $47.7M | $30.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.81 | +0.159% | $1.3M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.77 | +0.124% | $1.3M | $12.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.57 | −0.047% | $321K | $2.6M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.67 | +0.043% | $147K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.69 | +0.059% | $25K | $30K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.73 | +0.092% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.69 | +0.056% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.61 | −0.010% | $226.4M | $47.1M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.66 | +0.030% | $45.6M | $102.1M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.70 | +0.064% | $133.2M | $21.0M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.51 | −0.100% | $8.3M | $37.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.75 | +0.104% | — | $231.0M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0127% | 1h | 116.74 | +0.098% | $26.4M | $25.4M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 116.73 | +0.090% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.77 | +0.124% | $6.5M | $13.4M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.56 | −0.054% | $1.1M | $540K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.69 | +0.056% | $51.8M | $67.7M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0237% / S −0.0181% | 1h | 116.69 | +0.053% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.73 | +0.092% | $139K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0526% | 1h | 116.76 | +0.118% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.64 | +0.013% | $1.9M | $4.9M | 20x | as long as short |
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
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus 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
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
Aftermath Perps SOLUSD
RISEx SOL/USDC