Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Katana Perps−0.185%54s7-day average +0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.023%−$2 on $10k
+Price spread, last 7 days+0.203%+$20 · spread now −0.185%, 7d avg +0.072%
=Together, before fees+0.180%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.257% cheaper against Katana Perps than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.072%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps SOL-USD | 119.13 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $47K | $786K | 20x |
| Short | GRVT SOL_USDT_Perp | 118.91 | 0.0100 | get 0.0100% / 8h | 7h 16m | $48.7M | $29.3M | 20x |
Katana Perps SOL-USD
GRVT SOL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.04
- Price spread: −0.185% → +0.072%
- −$25.7
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$38.45
- Costs to cover
- 0.128%
- Break-even
- 6110.8 days
Slippage unknown: Katana Perps: no order-book sample; GRVT: live order book, 3 min ago. 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 3 min ago | 0.42 bp | 5.7 bp −$6 | 6.1 bp −$61 | 9.3 bp −$931 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.00 | −0.105% | $931 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0079% | 1h | 119.09 | −0.029% | — | $608K | 20x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 119.11 | −0.018% | $2.0M | $2.7M | 13x | as long as short |
| dYdX SOL-USD | −0.0020% | 1h | 119.21 | +0.068% | $4.9M | $25.8M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 119.24 | +0.090% | $32.3M | $97.0M | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0008% | 1h | 118.90 | −0.191% | $100K | $650K | 20x | as long as short |
| HTX SOL-USDT | 0.0000% | 8h | 119.11 | −0.019% | $231.7M | $44.1M | 75x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.20 | +0.059% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.19 | +0.050% | $1.2M | $20.1M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.20 | +0.060% | $154K | $3.8M | 8.3x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
dYdX SOL-USD
Kraken Futures PF_SOLUSD
Hibachi SOL/USDT-P
HTX SOL-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0032% | 1h | 119.18 | +0.042% | $104K | $160K | 20x | as long as short |
| Bluefin SOL-PERP | +0.0067% | 1h | 119.19 | +0.047% | $37K | $17K | 25x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.14 | +0.008% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0083% | 8h | 119.18 | +0.043% | $1.0M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 119.24 | +0.093% | $8.1M | $410.7M | 50x | as long as short |
| Gate SOL_USDT | +0.0094% | 8h | 119.18 | +0.042% | $857.6M | $670.1M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.20 | +0.059% | $14.1M | $56.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.20 | +0.058% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.14 | +0.005% | $349K | $260K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.20 | +0.059% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USDlong | +0.0100% | 8h | 119.13 | long leg | $47K | $786K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 119.15 | +0.021% | $6.3M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.29 | +0.134% | $726.7M | $397.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.21 | +0.067% | $180.1M | $176.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.22 | +0.076% | $12.3M | $125.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.20 | +0.060% | $981.4M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.25 | +0.101% | $826.7M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.21 | +0.067% | $371.4M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.08 | −0.042% | $233K | $832K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.16 | +0.024% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.76 | −0.312% | $137.0M | $12.6M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.19 | +0.050% | $430.6M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.24 | +0.095% | $139.0M | $203.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.21 | +0.064% | $494.4M | $439.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.06 | −0.059% | $24.0M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.18 | +0.039% | $24.9M | $130.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.89 | −0.204% | $95.5M | $403.4M | 75x | as long as short |
| GRVT SOL_USDT_Perpshort | +0.0100% | 8h | 118.91 | −0.185% | $48.7M | $29.3M | 20x | |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 118.86 | −0.227% | $1.5M | $6.1M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.01 | −0.101% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.18 | +0.042% | $361K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.16 | +0.029% | $203K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.15 | +0.019% | $193K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.23 | +0.084% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.21 | +0.067% | $46.8M | $99.7M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.17 | +0.034% | $8.6M | $34.9M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.10 | −0.025% | $6.6M | $13.6M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0120% | 1h | 119.27 | +0.115% | $26.7M | $24.8M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.02 | −0.091% | — | $218.9M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 119.17 | +0.035% | $1.8M | $4.5M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0165% / S −0.0081% | 1h | 119.19 | +0.054% | $3.7M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 119.01 | −0.101% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0186% | 1h | 119.17 | +0.032% | $1.1M | $524K | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0194% | 1h | 119.05 | −0.067% | $25K | $50K | 20x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.04 | −0.076% | $51.9M | $75.0M | 125x | as long as short |
01 Exchange SOLUSD
Bluefin SOL-PERP
BingX SOL-USDC
Orderly PERP_SOL_USDC
Coinbase International SOL-PERP-INTX
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Reya SOLRUSDPERP
Aftermath Perps SOLUSD
BloFin SOL-USDT