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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment $0.74 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Katana Perps+0.068%7-day average +0.040% · 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 4 days (all we have)−0.010%−$1 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.068%, 7d avg +0.040%
Together, before fees−0.041%−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.028% dearer against Katana Perps than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.040%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 4 days (−0.010% in total) that is about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps SOL-USD117.760.0100pay 0.0100% / 8h6h 32m$63K$856K20x
ShortGate SOL_USDT117.840.0026get 0.0026% / 8h6h 32m$854.7M$659.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Katana 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
−$15.5
Price spread: +0.068% → +0.040%
$2.83
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$31.47
Costs to cover
0.188%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; Gate: live order book, 2 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 Katana Perps no order-book sample
Sell Gate live order book, 2 min ago0.43 bp8.8 bp −$912.2 bp −$12216.9 bp −$1,69129.0 bp −$14.5K
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 54 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
Hotstuff SOL-PERP−0.0080%1h117.63−0.108%$920$8K25xas long as short
Vest SOL-PERP−0.0072%1h117.75−0.007%$609K20xas long as short
Hibachi SOL/USDT-P−0.0064%1h117.62−0.117%$92K$692K20xas long as short
ApeX Omni SOLUSDT−0.0052%1h117.67−0.080%$1.5M$6.1M50xas long as short
Derive SOL-PERP−0.0022%1h117.71−0.039%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.80+0.034%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.83+0.060%$4.5M$24.4M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.78+0.014%$1.4M$21.4M3.1xas long as short
Perpl SOL0.0000%43m117.83+0.059%$129K$3.9M8.3xas long as short
HTX SOL-USDT+0.0001%8h117.53−0.191%$228.5M$45.5M75xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SOL/USDC+0.0018%1h117.80+0.038%$2.0M$4.6M20xas long as short
Gate SOL_USDTshort+0.0026%8h117.84+0.068%$854.7M$659.9M100x
Deribit SOL_USDC-PERPETUAL+0.0040%1h117.82+0.048%$26.4M$25.5M50xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.73−0.024%$31.5M$98.7M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.78+0.021%$8.0M$410.2M50xas long as short
BingX SOL-USDC+0.0080%8h117.80+0.030%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0086%8h117.81+0.042%$1.1M$5.9M100xas long as short
Lighter SOL+0.0096%1h117.80+0.031%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h117.72−0.035%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.86+0.085%$103K$164K20xas long as short
Aevo SOL-PERP+0.0096%1h117.80+0.037%$345K$259K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.80+0.036%$1.0M$518K50xas long as short
Katana Perps SOL-USDlong+0.0100%8h117.76long leg$63K$856K20x
Nado SOL-PERP+0.0100%1h117.83+0.059%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.83+0.061%$177.0M$180.7M100xas long as short
Pacifica SOL+0.0100%1h117.82+0.051%$14.4M$131.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.82+0.051%$972.1M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h117.82+0.052%$821.5M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.80+0.034%$366.2M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.57−0.161%$238K$891K10xas long as short
Arcus SOL-USD+0.0100%1h117.83+0.060%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.176%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.86+0.085%$428.2M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.84+0.069%$131.7M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.77+0.007%$487.5M$442.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.55−0.178%$23.7M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.66−0.088%$24.4M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h117.62−0.116%$94.5M$405.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.77+0.008%$48.2M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.60−0.136%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.84+0.068%$359K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.81+0.042%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.81+0.039%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.78+0.015%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.77+0.008%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.53−0.195%$45.7M$102.0M50xas long as short
Hyperliquid SOL+0.0101%1h117.95+0.158%$720.4M$401.7M20xas long as short
Phoenix SOL+0.0101%1h117.33−0.365%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.77+0.004%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.73−0.026%$227.6M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.82+0.054%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.374%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0172%1h117.81+0.039%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0314%1h117.72−0.034%$25K$51K20xas long as short