Funding you earn now, next payment 08:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h +0.029%
Price spread now: Hibachi against SunX+0.086%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.086%, 7d avg +0.041%
=Together, before fees−0.131%+ Points / potential airdropHibachi: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.045% dearer against SunX than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of +0.041%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.099% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.1% 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 | SunX SOL-USDT | 116.16 | 0.0100 | pay 0.0100% / 8h | 17m 50s | $189K | $1.7M | 30x |
| Short | Hibachi SOL/USDT-P | 116.26 | −0.0088 | pay 0.0011% / 1h | 17m 50s | $101K | $676K | 20x |
SunX SOL-USDT
Hibachi SOL/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against SunX. 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
- −$39.48
- Price spread: +0.086% → +0.041%
- $4.49
- Slippage, 4 orders
- −$36.25
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$88.24
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; Hibachi: live order book, 21 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 SunX live order book, 8 min ago | 3.37 bp | 22.4 bp −$22 | 51.9 bp −$519 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 21 min ago | 1.07 bp | 5.6 bp −$6 | 18.4 bp −$184 | 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 | −0.0153% | 1h | 116.19 | +0.025% | $32.4M | $107.0M | 100x | as long as short |
| Bybit SOLUSDT | −0.0102% | 8h | 116.15 | −0.008% | $733.3M | $1.43B | 100x | as long as short |
| Hibachi SOL/USDT-Pshort | −0.0088% | 1h | 116.26 | +0.086% | $101K | $676K | 20x | |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.32 | +0.139% | $1K | $8K | 25x | as long as short |
| Injective SOL/USDC PERP | −0.0055% | 1h | 116.36 | +0.172% | $4K | $2K | 12x | as long as short |
| Vest SOL-PERP | −0.0043% | 1h | 116.15 | −0.008% | — | $644K | 20x | as long as short |
| Derive SOL-PERP | −0.0026% | 1h | 116.08 | −0.073% | $1.8M | $3.0M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.17 | +0.011% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.21 | +0.042% | $1.4M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.19 | +0.023% | $99K | $3.5M | 8.3x | as long as short |
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
Hotstuff SOL-PERP
Injective SOL/USDC PERP
Vest SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX SOL-USD | +0.0005% | 1h | 116.23 | +0.058% | $4.3M | $23.5M | 20x | as long as short |
| Bitget SOLUSDT | +0.0022% | 8h | 116.13 | −0.026% | $479.2M | $456.2M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0041% | 1h | 116.23 | +0.056% | $26.3M | $21.6M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.20 | +0.031% | $7.8M | $398.9M | 50x | as long as short |
| Aster SOLUSDT | +0.0050% | 8h | 116.14 | −0.013% | $177.1M | $169.0M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0071% | 8h | 116.17 | +0.011% | $1.0M | $6.1M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 116.19 | +0.026% | $100K | $182K | 20x | as long as short |
| SoDEX SOL-USD | +0.0078% | 1h | 116.17 | +0.009% | $6.1M | $11.0M | 20x | as long as short |
| Lighter RH SOL | +0.0080% | 1h | 116.14 | −0.014% | $2.2M | $16.8M | 25x | as long as short |
| Paradex SOL-USD-PERP | +0.0094% | 8h | 116.18 | +0.018% | $1.0M | $554K | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.14 | −0.017% | $13.1M | $60.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.16 | 0.000% | $350K | $256K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.12 | −0.034% | $64K | $912K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.15 | −0.008% | $5.4M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.23 | +0.060% | $695.6M | $408.5M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.20 | +0.035% | $15.6M | $130.4M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.14 | −0.013% | $960.3M | $3.87B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.16 | 0.000% | $365.9M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.15 | −0.008% | $224K | $845K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.19 | +0.030% | $924K | $8.5M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.21 | +0.042% | $125.5M | $25.5M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.14 | −0.017% | $842.3M | $668.5M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.15 | −0.008% | $371.6M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.17 | +0.007% | $129.3M | $236.2M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.11 | −0.042% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.16 | 0.000% | $22.8M | $35.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 115.97 | −0.159% | $24.8M | $107.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 115.98 | −0.158% | $93.1M | $406.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.00 | −0.136% | $47.5M | $29.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.07 | −0.077% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.21 | +0.043% | $1.3M | $11.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.16 | 0.000% | $314K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.15 | −0.005% | $282K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.18 | +0.021% | $26K | $36K | 25x | as long as short |
| SunX SOL-USDTlong | +0.0100% | 8h | 116.16 | long leg | $189K | $1.7M | 30x | |
| HTX SOL-USDT | +0.0100% | 8h | 116.16 | −0.003% | $224.9M | $50.7M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.15 | −0.008% | $45.1M | $104.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.12 | −0.038% | $8.2M | $37.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.17 | +0.008% | — | $236.3M | 500x | as long as short |
| Phoenix SOL | +0.0130% | 1h | 116.17 | +0.009% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0196% | 1h | 116.13 | −0.023% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.24 | +0.069% | $52.2M | $65.4M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.17 | +0.010% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0458% | 1h | 116.20 | +0.034% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0485% | 1h | 116.24 | +0.066% | $2.1M | $4.8M | 20x | as long as short |
dYdX SOL-USD
Bitget SOLUSDT
Deribit SOL_USDC-PERPETUAL
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
Orderly PERP_SOL_USDC
01 Exchange SOLUSD
SoDEX SOL-USD
Lighter RH SOL
Paradex SOL-USD-PERP
Lighter SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
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
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
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC