Funding you earn now, next payment 07:00 UTC+0.0351%/8h= +38.5% APRpaid last 24h +0.040%
Price spread now: RISEx against Katana Perps+0.069%7-day average +0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.098%+$10 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.069%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.027% dearer against Katana Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.042%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.098% in total (about 9.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps SOL-USD | 116.50 | 0.0099 | pay 0.0099% / 8h | 1h 51m | $64K | $910K | 20x |
| Short | RISEx SOL/USDC | 116.58 | 0.0451 | get 0.0056% / 1h | 51m 30s | $2.1M | $4.9M | 20x |
Katana Perps SOL-USD
RISEx SOL/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $73.77
- Price spread: +0.069% → +0.042%
- $2.72
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $66.69
- Costs to cover
- 0.098%
- Break-even
- 0.7 days
Slippage unknown: Katana Perps: no order-book sample; RISEx: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Katana Perps no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 2 min ago | 0.04 bp | 3.0 bp −$3 | 6.9 bp −$69 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOLUSDT | −0.0108% | 8h | 116.54 | +0.034% | $740.6M | $1.44B | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0088% | 1h | 116.56 | +0.051% | $98K | $689K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.54 | +0.031% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0072% | 1h | 116.58 | +0.068% | $32.9M | $103.9M | 100x | as long as short |
| Derive SOL-PERP | −0.0048% | 1h | 116.48 | −0.019% | $1.9M | $3.0M | 13x | as long as short |
| Vest SOL-PERP | −0.0019% | 1h | 116.54 | +0.034% | — | $625K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.55 | +0.045% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.63 | +0.113% | $1.5M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.54 | +0.036% | $109K | $3.6M | 8.3x | as long as short |
| dYdX SOL-USD | +0.0009% | 1h | 116.57 | +0.060% | $4.3M | $23.8M | 20x | as long as short |
Bybit SOLUSDT
Hibachi SOL/USDT-P
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
Derive SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
dYdX SOL-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SOL | +0.0032% | 1h | 116.48 | −0.020% | $2.2M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0040% | 1h | 116.57 | +0.060% | $100K | $176K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.58 | +0.065% | $8.0M | $405.4M | 50x | as long as short |
| SoDEX SOL-USD | +0.0048% | 1h | 116.55 | +0.043% | $6.1M | $10.9M | 20x | as long as short |
| Bitget SOLUSDT | +0.0053% | 8h | 116.55 | +0.046% | $480.4M | $462.4M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.55 | +0.039% | $1.0M | $6.0M | 100x | as long as short |
| Aster SOLUSDT | +0.0093% | 8h | 116.52 | +0.016% | $175.7M | $176.6M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.49 | −0.009% | $13.1M | $60.3M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.55 | +0.041% | $350K | $247K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 116.52 | +0.014% | $1.0M | $551K | 50x | as long as short |
| Katana Perps SOL-USDlong | +0.0099% | 8h | 116.50 | long leg | $64K | $910K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 116.61 | +0.093% | $5.5M | $41.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.59 | +0.077% | $697.9M | $409.3M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.54 | +0.038% | $15.7M | $130.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.57 | +0.060% | $968.6M | $3.90B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.57 | +0.060% | $370.4M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.47 | −0.026% | $217K | $885K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.52 | +0.015% | $903K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.55 | +0.043% | $125.4M | $23.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.49 | −0.009% | $842.7M | $663.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.50 | 0.000% | $362.8M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.49 | −0.009% | $128.7M | $232.2M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.48 | −0.013% | — | $372.8M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.54 | +0.034% | $23.1M | $38.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.71 | +0.184% | $24.8M | $112.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.66 | +0.133% | $93.7M | $410.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.70 | +0.170% | $47.7M | $30.9M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.72 | +0.193% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.58 | +0.069% | $1.3M | $12.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.56 | +0.052% | $314K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.55 | +0.040% | $235K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.65 | +0.130% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.52 | +0.015% | $189K | $1.8M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.55 | +0.043% | $225.7M | $50.7M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.60 | +0.086% | $45.4M | $105.6M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.44 | −0.048% | $8.0M | $39.3M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.68 | +0.151% | — | $235.4M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0124% | 1h | 116.62 | +0.107% | $26.4M | $22.0M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0176% | 1h | 117.09 | +0.506% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0178% | 1h | 116.75 | +0.215% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0194% | 1h | 116.55 | +0.041% | $1.1M | $544K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.64 | +0.120% | $52.3M | $68.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0173% | 1h | 116.56 | +0.048% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDCshort | +0.0451% | 1h | 116.58 | +0.069% | $2.1M | $4.9M | 20x | |
| Aftermath Perps SOLUSD | +0.0501% | 1h | 116.80 | +0.257% | $25K | $56K | 20x | as long as short |
Lighter RH SOL
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
SoDEX SOL-USD
Bitget SOLUSDT
Orderly PERP_SOL_USDC
Aster SOLUSDT
Lighter SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD