Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Katana Perps against SoDEX−0.093%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)+0.143%+$14 · spread now −0.093%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.096% cheaper against SoDEX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SOL-USD | 118.15 | 0.0100 | pay 0.0013% / 1h | 26m 00s | $6.2M | $10.8M | 20x |
| Short | Katana Perps SOL-USD | 118.04 | 0.0100 | get 0.0100% / 8h | 6h 26m | $63K | $853K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against SoDEX. 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: −0.093% → +0.003%
- −$9.62
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$21.46
- Costs to cover
- 0.118%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago | 0.42 bp | 4.4 bp −$4 | 4.7 bp −$47 | 13.1 bp −$1,307 | 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 54 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 | 117.98 | −0.146% | $923 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0069% | 1h | 118.01 | −0.120% | — | $607K | 20x | as long as short |
| Derive SOL-PERP | −0.0049% | 1h | 118.06 | −0.073% | $2.0M | $2.8M | 13x | as long as short |
| Hibachi SOL/USDT-P | −0.0040% | 1h | 117.98 | −0.146% | $92K | $682K | 20x | as long as short |
| ApeX Omni SOLUSDT | −0.0003% | 1h | 117.89 | −0.216% | $1.5M | $6.0M | 50x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.13 | −0.018% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.96 | −0.161% | $4.5M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.99 | −0.139% | $1.4M | $21.1M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.12 | −0.022% | $129K | $3.9M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 118.08 | −0.056% | $2.0M | $4.7M | 20x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SOL_USDT | +0.0042% | 8h | 118.13 | −0.017% | $854.8M | $661.4M | 100x | as long as short |
| HTX SOL-USDT | +0.0044% | 8h | 118.10 | −0.042% | $229.5M | $45.5M | 75x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 118.15 | 0.000% | $31.7M | $98.7M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 118.16 | +0.010% | $8.0M | $410.7M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.14 | −0.006% | — | $369.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 118.16 | +0.005% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.15 | +0.001% | $13.1M | $59.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.13 | −0.015% | $2.2M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 118.13 | −0.017% | $103K | $160K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.15 | −0.001% | $346K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 118.11 | −0.038% | $1.0M | $519K | 50x | as long as short |
| Katana Perps SOL-USDshort | +0.0100% | 8h | 118.04 | −0.093% | $63K | $853K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 118.01 | −0.114% | $5.7M | $41.7M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.16 | +0.007% | $177.4M | $180.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.06 | −0.078% | $14.4M | $128.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.11 | −0.037% | $973.4M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.11 | −0.031% | $823.4M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.07 | −0.068% | $367.0M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.01 | −0.118% | $239K | $894K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.09 | −0.047% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.00 | −0.128% | $135.1M | $14.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.15 | 0.000% | $425.3M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.14 | −0.007% | $131.8M | $210.4M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.05 | −0.085% | $489.0M | $440.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.14 | −0.008% | $23.8M | $37.4M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.14 | −0.012% | $24.5M | $122.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.87 | −0.234% | $94.7M | $403.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.78 | −0.310% | $48.2M | $29.0M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.02 | −0.110% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.12 | −0.025% | $355K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.12 | −0.024% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.11 | −0.034% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.05 | −0.088% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USDlong | +0.0100% | 1h | 118.15 | long leg | $6.2M | $10.8M | 20x | |
| Phemex SOLUSDT | +0.0100% | 8h | 118.11 | −0.034% | $46.0M | $101.5M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.98 | −0.144% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.01 | −0.117% | $8.2M | $36.0M | 50x | as long as short |
| Hyperliquid SOL | +0.0109% | 1h | 118.24 | +0.076% | $722.5M | $402.7M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 118.05 | −0.081% | — | $226.3M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0122% | 1h | 118.19 | +0.034% | $26.5M | $25.5M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 118.10 | −0.040% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 117.87 | −0.237% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 118.12 | −0.024% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0323% | 1h | 117.90 | −0.215% | $25K | $51K | 20x | as long as short |
SoDEX SOL-USD
Katana Perps SOL-USD
Derive SOL-PERP
ApeX Omni SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
RISEx SOL/USDC
Gate SOL_USDT
HTX SOL-USDT
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Paradex SOL-USD-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD