Funding you earn now, next payment 04:31 UTC+0.0236%/8h= +25.8% APRpaid last 24h −0.017%
Price spread now: Perpl against Katana Perps+0.093%7-day average +0.021% · 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)−0.196%−$20 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.093%, 7d avg +0.021%
=Together, before fees−0.246%+ Points / potential airdropPerpl: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Perpl is 0.072% dearer against Katana Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 4 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps SOL-USD | 116.58 | 0.0099 | pay 0.0099% / 8h | 3h 27m | $61K | $895K | 20x |
| Short | Perpl SOL | 116.69 | 0.0335 | get 0.0030% / 43m | 24m 03s | $138K | $3.7M | 8.3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $49.52
- Price spread: +0.093% → +0.021%
- $7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $39.13
- Costs to cover
- 0.176%
- Break-even
- 1.5 days
Slippage unknown: Katana Perps: no order-book sample; Perpl: 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Perpl no order-book sample | — | — | — | — | — |
Katana Perps and Perpl: 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 | −0.0193% | 1h | 116.59 | +0.007% | $31.0M | $101.1M | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0176% | 1h | 116.72 | +0.119% | $103K | $701K | 20x | as long as short |
| Vest SOL-PERP | −0.0093% | 1h | 116.59 | +0.006% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.66 | +0.066% | $1K | $8K | 25x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.62 | +0.032% | $42K | — | 150x | as long as short |
| Bybit SOLUSDT | +0.0001% | 8h | 116.44 | −0.120% | $756.9M | $1.38B | 100x | as long as short |
| dYdX SOL-USD | +0.0010% | 1h | 116.69 | +0.092% | $4.4M | $24.2M | 20x | as long as short |
| Derive SOL-PERP | +0.0032% | 1h | 116.54 | −0.038% | $1.9M | $2.9M | 13x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.61 | +0.024% | $7.6M | $404.9M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 116.63 | +0.043% | $99K | $174K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SOL-USD | +0.0090% | 1h | 116.59 | +0.010% | $147K | $1.6M | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0093% | 8h | 116.61 | +0.025% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.59 | +0.009% | $13.1M | $60.2M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.58 | −0.002% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.59 | +0.011% | $349K | $246K | 20x | as long as short |
| Katana Perps SOL-USDlong | +0.0099% | 8h | 116.58 | long leg | $61K | $895K | 20x | |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.62 | +0.033% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.64 | +0.050% | $5.4M | $40.2M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.65 | +0.060% | $704.2M | $394.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.56 | −0.017% | $174.6M | $183.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.67 | +0.075% | $15.8M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.53 | −0.041% | $972.7M | $3.82B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.55 | −0.026% | $366.2M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.57 | −0.009% | $229K | $840K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.65 | +0.058% | $921K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.75 | +0.146% | $133.5M | $19.9M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.56 | −0.017% | $851.8M | $663.4M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.58 | 0.000% | $366.9M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.56 | −0.016% | $129.0M | $223.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.53 | −0.044% | $481.0M | $444.7M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.51 | −0.061% | — | $365.2M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.54 | −0.034% | $23.0M | $40.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.79 | +0.184% | $24.6M | $113.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.73 | +0.132% | $93.7M | $399.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.68 | +0.085% | $47.7M | $30.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.87 | +0.249% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.68 | +0.086% | $1.3M | $12.6M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.60 | +0.017% | $320K | $2.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.61 | +0.026% | $25K | $31K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.60 | +0.018% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.59 | +0.009% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.55 | −0.029% | $225.9M | $48.1M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.64 | +0.051% | $45.7M | $103.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.54 | −0.035% | $8.3M | $37.7M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0106% | 8h | 116.62 | +0.035% | $1.4M | $19.0M | 3.1x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.70 | +0.103% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.68 | +0.086% | — | $231.6M | 500x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.77 | +0.163% | $6.5M | $13.8M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0163% | 1h | 116.66 | +0.064% | $26.3M | $23.3M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0191% | 1h | 116.58 | +0.003% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.59 | +0.009% | $51.9M | $67.2M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0178% | 1h | 116.61 | +0.024% | $3.6M | — | 200x | as long as short |
| Perpl SOLshort | +0.0335% | 43m | 116.69 | +0.093% | $138K | $3.7M | 8.3x | |
| Aftermath Perps SOLUSD | +0.0547% | 1h | 116.78 | +0.172% | $25K | $51K | 20x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 116.69 | +0.098% | $1.9M | $4.8M | 20x | as long as short |
Katana Perps SOL-USD
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Bybit SOLUSDT
Derive SOL-PERP
Coinbase International SOL-PERP-INTX
01 Exchange SOLUSD
Bullet SOL-USD
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Kalshi KXSOLPERP
Injective SOL/USDC PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC