Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.154%+$15 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SOL/USD119.23L 0.0000% / S +0.0004%get 0.0000% / 1h25m 57s$55K150x
ShortKatana Perps SOL-USD119.160.0100get 0.0100% / 8h7h 25m$45K$782K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 58 min ago130.06 bp135.1 bp −$135135.1 bp −$1,351515.4 bp −$51.5K2868.9 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h119.03−0.165%$844$8K25xas long as short
Vest SOL-PERP−0.0077%1h119.10−0.102%$608K20xas long as short
Derive SOL-PERP−0.0062%1h119.15−0.063%$2.0M$2.7M13xas long as short
Bluefin SOL-PERP−0.0042%1h119.23+0.003%$37K$17K25xas long as short
dYdX SOL-USD−0.0020%1h119.14−0.072%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.27+0.038%$32.4M$96.5M100xas long as short
gTrade (Gains Network) SOL/USDlongL 0.0000% / S +0.0004%1h119.23long leg$55K150x
Kalshi KXSOLPERP0.0000%8h119.10−0.106%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.19−0.033%$154K$3.8M8.3xas long as short
HTX SOL-USDT+0.0005%8h119.17−0.047%$231.9M$43.9M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOLUSDT+0.0018%8h119.21−0.013%$46.7M$99.8M50xas long as short
01 Exchange SOLUSD+0.0032%1h119.19−0.030%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0032%1h119.09−0.117%$101K$657K20xas long as short
BingX SOL-USDC+0.0080%8h119.17−0.048%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0082%8h119.24+0.012%$1.1M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.28+0.049%$8.1M$410.9M50xas long as short
Lighter SOL+0.0096%1h119.22−0.001%$14.2M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.20−0.019%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.23+0.003%$349K$249K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.20−0.021%$1.0M$520K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h119.16−0.055%$45K$782K20x
Nado SOL-PERP+0.0100%1h119.14−0.068%$5.9M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.29+0.054%$723.4M$399.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.23−0.001%$179.8M$176.8M100xas long as short
Pacifica SOL+0.0100%1h119.20−0.023%$12.2M$124.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.18−0.042%$981.2M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.21−0.010%$825.1M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.17−0.047%$371.4M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.03−0.164%$233K$834K10xas long as short
Arcus SOL-USD+0.0100%1h119.12−0.088%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.07−0.130%$136.4M$9.7M20xas long as short
Gate SOL_USDT+0.0100%8h119.22−0.005%$855.0M$666.9M100xas long as short
MEXC SOL_USDT+0.0100%8h119.18−0.039%$432.7M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.19−0.029%$138.6M$202.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.17−0.049%$494.5M$440.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.20−0.022%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h119.24+0.008%$27.0M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h118.93−0.252%$95.5M$401.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.95−0.231%$48.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.93−0.248%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h119.06−0.139%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.18−0.039%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.20−0.021%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.22−0.005%$194K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24+0.012%$6.3M$10.8M20xas long as short
Extended SOL-USD+0.0104%1h119.14−0.073%$8.6M$35.0M50xas long as short
Phoenix SOL+0.0114%1h119.19−0.030%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.23+0.003%$219.2M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0145%1h119.29+0.057%$26.7M$24.8M50xas long as short
RISEx SOL/USDC+0.0161%1h119.18−0.042%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.230.000%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.181%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0181%1h119.04−0.156%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h119.17−0.048%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.05−0.148%$51.9M$76.3M125xas long as short