SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h −0.001%

Price spread now: Katana Perps against Coinbase International−0.080%7-day average −0.023% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Katana Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.014%−$1 on $10k

Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.080%, 7d avg −0.023%

Together, before fees+0.256%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. Katana Perps is 0.057% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.023%). If the spread goes back, that is −$6 on $10k: about 5.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SOL-PERP-INTX	116.99	0.0064	pay 0.0008% / 1h	29m 03s	$7.5M	$405.9M	50x
Short	Katana Perps SOL-USD	116.90	0.0099	get 0.0099% / 8h	4h 29m	$51K	$868K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Katana PerpsbpOrdersPrice spread, now −0.080%Rate

Funding earned: $7.26
Price spread: −0.080% → −0.023%: −$5.75
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: −$12.29
Costs to cover: 0.138%
Break-even: 18.8 days

Slippage unknown: Coinbase International: live order book, 5 min ago; Katana Perps: 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 Coinbase International live order book, 5 min ago	0.04 bp	5.4 bp −$5	9.0 bp −$90	16.7 bp −$1,671	doesn't fit
Sell Katana Perps no order-book sample	—	—	—	—	—

Katana 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	−0.0112%	1h	116.88	−0.093%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.90	−0.079%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.88	−0.097%	$914	$8K	25x	as long as short
Derive SOL-PERP	−0.0060%	1h	116.92	−0.064%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.99	−0.003%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.99	−0.004%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.98	−0.014%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.95	−0.038%	$100K	$171K	20x	as long as short
Coinbase International SOL-PERP-INTXlong	+0.0064%	1h	116.99	long leg	$7.5M	$405.9M	50x
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.98	−0.008%	$31.1M	$100.3M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0091%	8h	117.00	+0.006%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.92	−0.062%	$13.1M	$60.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.97	−0.024%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.98	−0.010%	$348K	$244K	20x	as long as short
Katana Perps SOL-USDshort	+0.0099%	8h	116.90	−0.080%	$51K	$868K	20x
Paradex SOL-USD-PERP	+0.0100%	8h	116.99	−0.005%	$1.0M	$549K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.89	−0.085%	$5.4M	$39.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.85	−0.123%	$705.3M	$396.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.00	+0.001%	$175.3M	$182.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.96	−0.025%	$15.8M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.61	−0.328%	$968.4M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.57	−0.363%	$784.3M	$1.34B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.63	−0.311%	$369.9M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.87	−0.106%	$231K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.95	−0.036%	$929K	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	−0.465%	$133.2M	$20.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.84	−0.132%	$844.3M	$660.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.86	−0.115%	$398.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.90	−0.079%	$126.7M	$218.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.73	−0.229%	$479.8M	$441.2M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.76	−0.198%	—	$365.4M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.79	−0.174%	$23.1M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.77	−0.188%	$24.4M	$114.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.76	−0.204%	$93.7M	$398.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.89	−0.093%	$47.8M	$29.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.60	−0.336%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.81	−0.157%	$1.3M	$12.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.96	−0.029%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.98	−0.011%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.96	−0.032%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.97	−0.020%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.98	−0.012%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.92	−0.065%	$227.0M	$47.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.94	−0.046%	$45.7M	$101.8M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.93	−0.052%	$8.1M	$36.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.94	−0.042%	—	$230.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	−0.371%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.94	−0.046%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0139%	1h	117.04	+0.035%	$26.4M	$25.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.95	−0.038%	$1.1M	$540K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.97	−0.021%	$51.9M	$71.4M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0236% / S −0.0180%	1h	116.99	−0.004%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.94	−0.049%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0532%	1h	116.76	−0.197%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.99	−0.004%	$1.9M	$4.9M	20x	as long as short