Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Phemex against Katana Perps+0.155%7-day average +0.008% · 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)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.155%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.146% dearer against Katana Perps than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps SOL-USD | 116.50 | 0.0099 | pay 0.0099% / 8h | 1h 49m | $64K | $910K | 20x |
| Short | Phemex SOLUSDT | 116.68 | 0.0100 | get 0.0100% / 8h | 1h 49m | $45.4M | $105.6M | 50x |
Katana Perps SOL-USD
Phemex SOLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0.13
- Price spread: +0.155% → +0.008%
- $14.64
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$1.04
- Costs to cover
- 0.158%
- Break-even
- 64.7 days
Slippage unknown: Katana Perps: no order-book sample; Phemex: live order book, 5 min ago. 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 Phemex live order book, 5 min ago | 0.43 bp | 6.4 bp −$6 | 8.3 bp −$83 | 17.9 bp −$1,789 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOLUSDT | −0.0108% | 8h | 116.44 | −0.052% | $739.9M | $1.44B | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0088% | 1h | 116.56 | +0.051% | $98K | $689K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.54 | +0.031% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0072% | 1h | 116.69 | +0.165% | $32.9M | $103.9M | 100x | as long as short |
| Derive SOL-PERP | −0.0048% | 1h | 116.59 | +0.080% | $1.9M | $3.0M | 13x | as long as short |
| Vest SOL-PERP | −0.0017% | 1h | 116.65 | +0.125% | — | $625K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.69 | +0.163% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.72 | +0.186% | $1.5M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.67 | +0.147% | $109K | $3.6M | 8.3x | as long as short |
| dYdX SOL-USD | +0.0010% | 1h | 116.60 | +0.086% | $4.3M | $23.8M | 20x | as long as short |
Bybit SOLUSDT
Hibachi SOL/USDT-P
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 | +0.0016% | 1h | 116.50 | +0.003% | $2.2M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0040% | 1h | 116.52 | +0.017% | $100K | $176K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.70 | +0.172% | $8.0M | $405.6M | 50x | as long as short |
| Bitget SOLUSDT | +0.0052% | 8h | 116.50 | −0.003% | $480.2M | $462.4M | 100x | as long as short |
| SoDEX SOL-USD | +0.0074% | 1h | 116.65 | +0.129% | $6.1M | $10.9M | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.66 | +0.134% | $1.0M | $6.0M | 100x | as long as short |
| Aster SOLUSDT | +0.0093% | 8h | 116.49 | −0.009% | $175.6M | $176.5M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.52 | +0.019% | $13.1M | $60.3M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.66 | +0.135% | $351K | $247K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0097% | 8h | 116.52 | +0.021% | $1.0M | $551K | 50x | as long as short |
| Katana Perps SOL-USDlong | +0.0099% | 8h | 116.50 | long leg | $64K | $910K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 116.48 | −0.019% | $5.5M | $41.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.65 | +0.129% | $698.0M | $409.6M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.58 | +0.067% | $15.7M | $130.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.49 | −0.009% | $967.8M | $3.91B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.45 | −0.043% | $371.0M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.61 | +0.094% | $217K | $887K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.70 | +0.173% | $904K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.55 | +0.043% | $125.4M | $23.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.52 | +0.017% | $842.3M | $664.1M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.51 | +0.009% | $362.1M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.51 | +0.011% | $128.9M | $232.2M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.53 | +0.023% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.65 | +0.129% | $23.1M | $38.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.55 | +0.039% | $24.8M | $112.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.66 | +0.133% | $93.7M | $410.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.64 | +0.120% | $47.7M | $31.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.72 | +0.193% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.69 | +0.163% | $1.3M | $12.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.68 | +0.155% | $314K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.70 | +0.174% | $234K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.67 | +0.150% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.70 | +0.168% | $189K | $1.8M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.68 | +0.155% | $226.0M | $50.7M | 75x | as long as short |
| Phemex SOLUSDTshort | +0.0100% | 8h | 116.68 | +0.155% | $45.4M | $105.6M | 50x | |
| Extended SOL-USD | +0.0104% | 1h | 116.46 | −0.033% | $8.0M | $39.3M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.64 | +0.123% | — | $235.6M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0159% | 1h | 116.73 | +0.195% | $26.5M | $21.9M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0176% | 1h | 117.09 | +0.506% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0178% | 1h | 116.75 | +0.215% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0194% | 1h | 116.66 | +0.134% | $1.1M | $544K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.60 | +0.086% | $52.3M | $68.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0173% | 1h | 116.69 | +0.166% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0451% | 1h | 116.59 | +0.077% | $2.1M | $4.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0498% | 1h | 116.76 | +0.220% | $25K | $56K | 20x | as long as short |
Lighter RH SOL
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Bitget SOLUSDT
SoDEX SOL-USD
Orderly PERP_SOL_USDC
Aster SOLUSDT
Lighter SOL
Aevo SOL-PERP
Paradex SOL-USD-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-USDC
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
HTX SOL-USDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD