SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.99 per $10,000 · paid last 24h +0.030%

Price spread now: Katana Perps against Kalshi−0.040%7-day average −0.063% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kalshi Short on Katana Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.086%+$9 on $10k

Price spread, last 7 days−0.057%−$6 · spread now −0.040%, 7d avg −0.063%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Katana Perps is 0.023% dearer against Kalshi than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXSOLPERP	117.08	0	get 0.0000% / 8h	6h 06m	$1.5M	$19.4M	3.1x
Short	Katana Perps SOL-USD	117.03	0.0099	get 0.0099% / 8h	2h 06m	$62K	$911K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps against Kalshi. 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

Position, each leg$Hold fordaysFee KalshibpFee Katana PerpsbpOrdersPrice spread, now −0.040%Rate

Funding earned: $20.87
Price spread: −0.040% → −0.063%: $2.33
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: $9.4
Costs to cover: 0.138%
Break-even: 3.8 days

Slippage unknown: Kalshi: live order book, 3 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 Kalshi live order book, 3 min ago	1.62 bp	9.0 bp −$9	12.1 bp −$121	19.3 bp −$1,927	doesn't fit
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
Kraken Futures PF_SOLUSD	−0.0238%	1h	117.13	+0.048%	$32.7M	$103.5M	100x	as long as short
Bybit SOLUSDT	−0.0104%	8h	117.08	+0.003%	$743.0M	$1.44B	100x	as long as short
Hibachi SOL/USDT-P	−0.0088%	1h	117.07	−0.002%	$103K	$688K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.03	−0.040%	$1K	$8K	25x	as long as short
Vest SOL-PERP	−0.0036%	1h	117.05	−0.020%	—	$625K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.11	+0.028%	$42K	—	150x	as long as short
Kalshi KXSOLPERPlong	0.0000%	8h	117.08	long leg	$1.5M	$19.4M	3.1x
Perpl SOL	0.0000%	43m	117.09	+0.014%	$111K	$3.7M	8.3x	as long as short
dYdX SOL-USD	+0.0008%	1h	117.04	−0.032%	$4.3M	$23.8M	20x	as long as short
Derive SOL-PERP	+0.0015%	1h	117.04	−0.028%	$1.9M	$2.9M	13x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0032%	1h	117.12	+0.037%	$101K	$179K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	117.08	−0.002%	$7.8M	$407.8M	50x	as long as short
Bitget SOLUSDT	+0.0061%	8h	117.09	+0.012%	$482.6M	$461.7M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	117.13	+0.044%	$1.0M	$6.0M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.08	+0.002%	$13.1M	$61.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.05	−0.026%	$2.2M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.09	+0.012%	$352K	$247K	20x	as long as short
Katana Perps SOL-USDshort	+0.0099%	8h	117.03	−0.040%	$62K	$911K	20x
Paradex SOL-USD-PERP	+0.0099%	8h	117.11	+0.032%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.05	−0.022%	$5.4M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.19	+0.097%	$701.7M	$407.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.08	+0.003%	$176.5M	$176.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.12	+0.036%	$15.8M	$130.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.10	+0.015%	$974.0M	$3.90B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.12	+0.037%	$372.9M	$1.78B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.01	−0.057%	$218K	$883K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.10	+0.021%	$911K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.95	−0.108%	$125.5M	$23.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.10	+0.020%	$846.7M	$676.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.09	+0.011%	$357.6M	$1.09B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.09	+0.014%	$128.9M	$231.3M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	117.03	−0.044%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.04	−0.032%	$23.2M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.88	−0.164%	$25.0M	$113.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.94	−0.121%	$93.9M	$409.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.92	−0.134%	$47.8M	$31.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.00	−0.067%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.00	−0.066%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.08	+0.003%	$317K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.09	+0.008%	$169K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.10	+0.019%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.08	−0.001%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.10	+0.020%	$6.2M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.04	−0.028%	$226.7M	$50.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.04	−0.032%	$45.5M	$105.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.06	−0.015%	$8.1M	$39.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	117.06	−0.010%	—	$237.9M	500x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	117.09	+0.011%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.98	−0.083%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	117.05	−0.020%	$1.1M	$543K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.01	−0.057%	$51.5M	$68.6M	125x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0220%	1h	117.18	+0.085%	$26.5M	$22.0M	50x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	117.11	+0.032%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0495%	1h	116.90	−0.152%	$25K	$56K	20x	as long as short
RISEx SOL/USDC	+0.0547%	1h	117.16	+0.075%	$2.1M	$4.9M	20x	as long as short