Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.030%
Price spread now: Katana Perps against gTrade (Gains Network)−0.055%7-day average −0.007% · 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)+0.094%+$9 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now −0.055%, 7d avg −0.007%
=Funding pays, the price is against you. Katana Perps is 0.049% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.007%). If the spread goes back, that is −$5 on $10k: about 39 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) SOL/USD | 119.23 | L 0.0000% / S +0.0004% | get 0.0000% / 1h | 25m 57s | $55K | — | 150x |
| Short | Katana Perps SOL-USD | 119.16 | 0.0100 | get 0.0100% / 8h | 7h 25m | $45K | $782K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against gTrade (Gains Network). 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
- $21.04
- Price spread: −0.055% → −0.007%
- −$4.87
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $2.37
- Costs to cover
- 0.138%
- Break-even
- 6.2 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 58 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 gTrade (Gains Network) virtual book (oracle venue), 58 min ago | 130.06 bp | 135.1 bp −$135 | 135.1 bp −$1,351 | 515.4 bp −$51.5K | 2868.9 bp −$1.43M |
| 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 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 | 119.03 | −0.165% | $844 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0077% | 1h | 119.10 | −0.102% | — | $608K | 20x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 119.15 | −0.063% | $2.0M | $2.7M | 13x | as long as short |
| Bluefin SOL-PERP | −0.0042% | 1h | 119.23 | +0.003% | $37K | $17K | 25x | as long as short |
| dYdX SOL-USD | −0.0020% | 1h | 119.14 | −0.072% | $5.0M | $25.7M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 119.27 | +0.038% | $32.4M | $96.5M | 100x | as long as short |
| gTrade (Gains Network) SOL/USDlong | L 0.0000% / S +0.0004% | 1h | 119.23 | long leg | $55K | — | 150x | |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.10 | −0.106% | $1.2M | $20.1M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.19 | −0.033% | $154K | $3.8M | 8.3x | as long as short |
| HTX SOL-USDT | +0.0005% | 8h | 119.17 | −0.047% | $231.9M | $43.9M | 75x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOLUSDT | +0.0018% | 8h | 119.21 | −0.013% | $46.7M | $99.8M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0032% | 1h | 119.19 | −0.030% | $104K | $159K | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0032% | 1h | 119.09 | −0.117% | $101K | $657K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.17 | −0.048% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0082% | 8h | 119.24 | +0.012% | $1.1M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 119.28 | +0.049% | $8.1M | $410.9M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.22 | −0.001% | $14.2M | $55.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.20 | −0.019% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.23 | +0.003% | $349K | $249K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.20 | −0.021% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USDshort | +0.0100% | 8h | 119.16 | −0.055% | $45K | $782K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 119.14 | −0.068% | $5.9M | $40.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.29 | +0.054% | $723.4M | $399.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.23 | −0.001% | $179.8M | $176.8M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.20 | −0.023% | $12.2M | $124.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.18 | −0.042% | $981.2M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.21 | −0.010% | $825.1M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.17 | −0.047% | $371.4M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.03 | −0.164% | $233K | $834K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.12 | −0.088% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.07 | −0.130% | $136.4M | $9.7M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 119.22 | −0.005% | $855.0M | $666.9M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.18 | −0.039% | $432.7M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.19 | −0.029% | $138.6M | $202.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.17 | −0.049% | $494.5M | $440.9M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.20 | −0.022% | $24.2M | $37.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.24 | +0.008% | $27.0M | $128.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.93 | −0.252% | $95.5M | $401.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.95 | −0.231% | $48.7M | $29.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 118.93 | −0.248% | $1.5M | $6.1M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.06 | −0.139% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.18 | −0.039% | $358K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.20 | −0.021% | $203K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.22 | −0.005% | $194K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.24 | +0.012% | $6.3M | $10.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.14 | −0.073% | $8.6M | $35.0M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.19 | −0.030% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.23 | +0.003% | — | $219.2M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0145% | 1h | 119.29 | +0.057% | $26.7M | $24.8M | 50x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 119.18 | −0.042% | $1.8M | $4.5M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0165% / S −0.0081% | 1h | 119.23 | 0.000% | $3.7M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 119.01 | −0.181% | $4K | $2K | 12x | as long as short |
| Aftermath Perps SOLUSD | +0.0181% | 1h | 119.04 | −0.156% | $25K | $50K | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0186% | 1h | 119.17 | −0.048% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.05 | −0.148% | $51.9M | $76.3M | 125x | as long as short |
gTrade (Gains Network) SOL/USD
Katana Perps SOL-USD
Derive SOL-PERP
Bluefin SOL-PERP
Kraken Futures PF_SOLUSD
Kalshi KXSOLPERP
HTX SOL-USDT
Phemex SOLUSDT
01 Exchange SOLUSD
BingX SOL-USDC
Coinbase International SOL-PERP-INTX
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
SunX SOL-USDT
SoDEX SOL-USD
Extended SOL-USD
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Aftermath Perps SOLUSD
BloFin SOL-USDT