Funding you earn now, next payment 08:00 UTC−0.0124%/8h= −13.6% APRnext payment −$1.24 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Katana Perps−0.017%7-day average +0.040% · 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)−0.010%−$1 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.017%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.057% cheaper against Katana Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps SOL-USD | 118.03 | 0.0100 | pay 0.0100% / 8h | 6h 48m | $43K | $829K | 20x |
| Short | Gate SOL_USDT | 118.01 | −0.0024 | pay 0.0024% / 8h | 6h 48m | $853.2M | $652.6M | 100x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26
- Price spread: −0.017% → +0.040%
- −$5.66
- 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
- −$50.46
- Costs to cover
- 0.188%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; Gate: live order book, 6 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 Gate live order book, 6 min ago | 0.43 bp | 7.9 bp −$8 | 9.9 bp −$99 | 16.6 bp −$1,663 | 32.3 bp −$16.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | −0.0412% | 1h | 117.96 | −0.057% | $1.5M | $6.1M | 50x | as long as short |
| Hibachi SOL/USDT-P | −0.0088% | 1h | 118.04 | +0.010% | $92K | $706K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.20 | +0.147% | $924 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0078% | 1h | 118.00 | −0.025% | — | $610K | 20x | as long as short |
| HTX SOL-USDT | −0.0050% | 8h | 118.01 | −0.015% | $229.5M | $45.0M | 75x | as long as short |
| Gate SOL_USDTshort | −0.0024% | 8h | 118.01 | −0.017% | $853.2M | $652.6M | 100x | |
| Derive SOL-PERP | −0.0022% | 1h | 117.99 | −0.034% | $2.0M | $2.7M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.03 | 0.000% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 118.15 | +0.103% | $4.5M | $25.9M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.08 | +0.047% | $1.5M | $21.4M | 3.1x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl SOL | 0.0000% | 43m | 118.14 | +0.095% | $131K | $3.9M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0012% | 1h | 118.13 | +0.086% | $26.4M | $25.3M | 50x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 118.07 | +0.035% | $1.8M | $4.6M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 118.12 | +0.075% | $31.6M | $98.8M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 118.11 | +0.068% | $8.0M | $411.9M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.02 | −0.010% | — | $369.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0084% | 8h | 118.08 | +0.040% | $1.1M | $5.9M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 118.11 | +0.068% | $103K | $162K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.15 | +0.103% | $13.5M | $58.2M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.13 | +0.081% | $2.2M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.06 | +0.024% | $346K | $264K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.13 | +0.085% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USDlong | +0.0100% | 8h | 118.03 | long leg | $43K | $829K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 118.06 | +0.030% | $5.7M | $41.5M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.08 | +0.044% | $177.6M | $180.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.17 | +0.115% | $14.1M | $130.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.04 | +0.008% | $977.6M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.06 | +0.025% | $823.0M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.07 | +0.034% | $368.5M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.14 | +0.093% | $239K | $909K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.10 | +0.063% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.15 | +0.102% | $136.0M | $13.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.00 | −0.025% | $423.3M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.05 | +0.020% | $133.7M | $207.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.07 | +0.032% | $489.7M | $445.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.12 | +0.076% | $23.8M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.97 | −0.054% | $24.4M | $129.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.73 | −0.254% | $94.6M | $402.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.06 | +0.026% | $48.4M | $29.6M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.10 | +0.059% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.03 | 0.000% | $354K | $2.3M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.03 | −0.001% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.06 | +0.026% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.10 | +0.056% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.07 | +0.034% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.08 | +0.042% | $45.9M | $101.5M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 118.22 | +0.161% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.07 | +0.034% | $8.3M | $35.9M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 118.18 | +0.126% | — | $228.5M | 500x | as long as short |
| Hyperliquid SOL | +0.0119% | 1h | 118.14 | +0.093% | $720.0M | $402.3M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0187% | 1h | 117.99 | −0.036% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.04 | +0.008% | $52.1M | $74.3M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 119.50 | +1.245% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0167% | 1h | 118.02 | −0.007% | $3.7M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0302% | 1h | 118.07 | +0.037% | $25K | $51K | 20x | as long as short |
Katana Perps SOL-USD
Gate SOL_USDT
ApeX Omni SOLUSDT
HTX SOL-USDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
RISEx SOL/USDC
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
01 Exchange SOLUSD
Lighter SOL
Lighter RH SOL
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
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
BloFin SOL-USDT
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD