Funding you earn now, next payment 01:00 UTC+0.0085%/8h= +9.3% APRpaid last 24h +0.031%
Price spread now: Reya against Katana Perps−0.016%7-day average +0.006% · 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)+0.129%+$13 on $10k
+Price spread, last 3 days (all we have)+0.325%+$32 · spread now −0.016%, 7d avg +0.006%
=Together, before fees+0.454%+ Points / potential airdropReya: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.022% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.006%). If the spread goes back, that is −$2 on $10k: about 21 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 | Katana Perps SOL-USD | 118.70 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $47K | $797K | 20x |
| Short | Reya SOLRUSDPERP | 118.68 | 0.0185 | get 0.0023% / 1h | 51m 41s | $1.1M | $529K | 25x |
Katana Perps SOL-USD
Reya SOLRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $17.9
- Price spread: −0.016% → +0.006%
- −$2.21
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $5.89
- Costs to cover
- 0.098%
- Break-even
- 4.7 days
Slippage unknown: Katana Perps: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
Katana Perps and Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | −0.0156% | 1h | 118.82 | +0.102% | $1.5M | $6.1M | 50x | as long as short |
| Vest SOL-PERP | −0.0080% | 1h | 118.64 | −0.050% | — | $723K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.67 | −0.025% | $841 | $8K | 25x | as long as short |
| Gate SOL_USDT | −0.0066% | 8h | 118.46 | −0.202% | $858.3M | $659.6M | 100x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 118.50 | −0.167% | $2.0M | $2.8M | 13x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 118.47 | −0.191% | $32.3M | $97.6M | 100x | as long as short |
| dYdX SOL-USD | −0.0011% | 1h | 118.47 | −0.194% | $4.8M | $28.0M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.73 | +0.024% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.70 | +0.002% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.67 | −0.029% | $174K | $3.9M | 8.3x | as long as short |
ApeX Omni SOLUSDT
Vest SOL-PERP
Hotstuff SOL-PERP
Gate SOL_USDT
Derive SOL-PERP
Kraken Futures PF_SOLUSD
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0048% | 1h | 118.73 | +0.025% | $103K | $158K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0054% | 1h | 118.53 | −0.140% | $26.5M | $25.3M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0072% | 1h | 118.71 | +0.009% | $121K | $635K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0079% | 8h | 118.54 | −0.132% | $1.0M | $5.9M | 100x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 118.41 | −0.248% | — | $10.5M | — | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 118.52 | −0.156% | $8.1M | $414.5M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.48 | −0.188% | $14.0M | $55.4M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.47 | −0.197% | $2.1M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.58 | −0.103% | $347K | $440K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 118.51 | −0.160% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USDlong | +0.0100% | 8h | 118.70 | long leg | $47K | $797K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 118.71 | +0.006% | $5.8M | $41.0M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.51 | −0.163% | $178.3M | $177.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.54 | −0.136% | $12.2M | $122.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.51 | −0.162% | $976.2M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.51 | −0.157% | $821.1M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.47 | −0.194% | $369.1M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.59 | −0.093% | $231K | $880K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.73 | +0.024% | $1.9M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.81 | +0.096% | $133.9M | $4.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.50 | −0.168% | $426.4M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.47 | −0.194% | $137.8M | $207.2M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.43 | −0.226% | $491.2M | $455.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.50 | −0.168% | $24.1M | $38.4M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.86 | +0.134% | $27.1M | $128.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.81 | +0.089% | $95.4M | $403.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.86 | +0.131% | $48.7M | $30.5M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.72 | +0.017% | $1.4M | $13.7M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.69 | −0.008% | $353K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.71 | +0.012% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.64 | −0.054% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.71 | +0.006% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.49 | −0.177% | $6.2M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 118.65 | −0.041% | $230.6M | $45.0M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.53 | −0.143% | $46.4M | $102.0M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.42 | −0.232% | $8.6M | $36.0M | 50x | as long as short |
| Hyperliquid SOL | +0.0104% | 1h | 118.58 | −0.101% | $718.2M | $403.5M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0113% | 1h | 118.75 | +0.041% | $24K | $47K | 20x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 118.79 | +0.076% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.64 | −0.050% | — | $223.8M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 118.71 | +0.010% | $1.8M | $4.8M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0166% / S −0.0084% | 1h | 118.72 | +0.015% | $3.5M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 118.66 | −0.034% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERPshort | +0.0185% | 1h | 118.68 | −0.016% | $1.1M | $529K | 25x | |
| BloFin SOL-USDT | +0.0220% | 8h | 118.69 | −0.008% | $51.8M | $80.0M | 125x | as long as short |
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUAL
Hibachi SOL/USDT-P
Orderly PERP_SOL_USDC
BingX SOL-USDC
Coinbase International SOL-PERP-INTX
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Hyperliquid SOL
Aftermath Perps SOLUSD
Phoenix SOL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
BloFin SOL-USDT