Funding you earn now, next payment 07:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.027%
Price spread now: Katana Perps against Reya−0.021%7-day average −0.021% · 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)−0.135%−$14 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.021%, 7d avg −0.021%
=Together, before fees−0.096%+ Points / potential airdropReya: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SOLRUSDPERP | 116.66 | 0.0194 | pay 0.0024% / 1h | 23m 23s | $1.1M | $544K | 25x |
| Short | Katana Perps SOL-USD | 116.64 | 0.0099 | get 0.0099% / 8h | 1h 23m | $64K | $908K | 20x |
Reya SOLRUSDPERP
Katana Perps SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Reya. 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
- −$19.9
- Price spread: −0.021% → −0.021%
- −$0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$29.71
- Costs to cover
- 0.098%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Reya and 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0168% | 1h | 116.81 | +0.121% | $99K | $689K | 20x | as long as short |
| Bybit SOLUSDT | −0.0115% | 8h | 116.69 | +0.022% | $741.0M | $1.44B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.80 | +0.114% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0072% | 1h | 116.85 | +0.162% | $32.3M | $106.3M | 100x | as long as short |
| Derive SOL-PERP | −0.0053% | 1h | 116.33 | −0.288% | $1.9M | $3.0M | 13x | as long as short |
| Vest SOL-PERP | −0.0033% | 1h | 116.70 | +0.033% | — | $628K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.80 | +0.119% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.81 | +0.129% | $1.5M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.72 | +0.052% | $110K | $3.6M | 8.3x | as long as short |
| dYdX SOL-USD | +0.0019% | 1h | 116.76 | +0.082% | $4.3M | $23.7M | 20x | as long as short |
Hibachi SOL/USDT-P
Bybit SOLUSDT
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 | +0.0040% | 1h | 116.71 | +0.039% | $2.2M | $16.8M | 25x | as long as short |
| Bitget SOLUSDT | +0.0042% | 8h | 116.71 | +0.041% | $480.6M | $460.5M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0048% | 1h | 116.70 | +0.031% | $99K | $178K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.84 | +0.154% | $8.0M | $405.0M | 50x | as long as short |
| Aster SOLUSDT | +0.0084% | 8h | 116.71 | +0.039% | $176.2M | $172.5M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 116.72 | +0.048% | $1.0M | $6.0M | 100x | as long as short |
| Paradex SOL-USD-PERP | +0.0094% | 8h | 116.75 | +0.073% | $1.0M | $553K | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.73 | +0.054% | $13.0M | $60.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.72 | +0.046% | $352K | $252K | 20x | as long as short |
| Katana Perps SOL-USDshort | +0.0099% | 8h | 116.64 | −0.021% | $64K | $908K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 116.67 | +0.008% | $5.5M | $41.1M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.81 | +0.125% | $699.3M | $407.5M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.77 | +0.091% | $15.7M | $130.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.71 | +0.039% | $968.9M | $3.89B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.72 | +0.048% | $368.4M | $1.78B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.80 | +0.116% | $217K | $867K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.68 | +0.016% | $901K | $8.7M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.45 | −0.184% | $124.6M | $26.6M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.68 | +0.014% | $852.3M | $672.4M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.69 | +0.022% | $366.1M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.71 | +0.037% | $130.1M | $232.6M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.70 | +0.035% | — | $374.2M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.82 | +0.134% | $23.1M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.73 | +0.060% | $24.9M | $110.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.60 | −0.058% | $93.6M | $408.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.65 | −0.012% | $47.7M | $30.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.70 | +0.031% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.84 | +0.151% | $1.3M | $12.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.68 | +0.014% | $314K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.72 | +0.047% | $249K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.71 | +0.042% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.66 | 0.000% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.81 | +0.125% | $6.1M | $11.0M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.75 | +0.077% | $226.1M | $50.8M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.78 | +0.099% | $45.4M | $105.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.68 | +0.015% | $8.0M | $39.1M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.81 | +0.122% | — | $236.9M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0127% | 1h | 116.88 | +0.186% | $26.5M | $21.7M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0176% | 1h | 116.69 | +0.022% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0178% | 1h | 116.93 | +0.228% | $6.6M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERPlong | +0.0194% | 1h | 116.66 | long leg | $1.1M | $544K | 25x | |
| BloFin SOL-USDT | +0.0220% | 8h | 116.85 | +0.159% | $52.2M | $68.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.82 | +0.131% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0451% | 1h | 116.74 | +0.066% | $2.1M | $4.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0501% | 1h | 116.72 | +0.050% | $25K | $57K | 20x | as long as short |
Lighter RH SOL
Bitget SOLUSDT
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
Orderly PERP_SOL_USDC
Paradex SOL-USD-PERP
Lighter SOL
Aevo SOL-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
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD