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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Nado against Aevo+0.127%50s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.006%+$1 on $10k
Price spread, last 3 days (all we have)−0.045%−$4 · spread now +0.127%, 7d avg +0.017%
Together, before fees−0.039%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.110% dearer against Aevo than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo SOL-PERP117.680.0096pay 0.0012% / 1h53m 27s$345K$262K20x
ShortNado SOL-PERP117.820.0100get 0.0012% / 1h53m 27s$5.7M$41.4M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aevo. 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
$0.84
Price spread: +0.127% → +0.017%
$10.99
Slippage, 4 orders
−$23
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$34.17
Costs to cover
0.460%
Break-even
291.8 days
Slippage from Aevo: live order book, 16 min ago; Nado: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 16 min ago10.53 bp19.1 bp −$1925.5 bp −$25539.0 bp −$3,897doesn't fit
Sell Nado live order book, 1 min ago0.43 bp3.9 bp −$44.6 bp −$468.4 bp −$84427.6 bp −$13.8K

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
ApeX Omni SOLUSDT−0.1080%1h118.05+0.316%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h117.62−0.046%$92K$705K20xas long as short
HTX SOL-USDT−0.0081%8h117.66−0.010%$228.8M$44.8M75xas long as short
Hotstuff SOL-PERP−0.0080%1h117.56−0.097%$919$8K25xas long as short
Vest SOL-PERP−0.0078%1h117.77+0.083%$610K20xas long as short
Derive SOL-PERP−0.0050%1h117.58−0.079%$2.0M$2.7M13xas long as short
Gate SOL_USDT−0.0008%8h117.92+0.207%$851.5M$649.4M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.93+0.216%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.82+0.122%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.67−0.005%$1.6M$21.3M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m117.84+0.138%$131K$4.0M8.3xas long as short
RISEx SOL/USDC+0.0018%1h117.82+0.122%$1.8M$4.6M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.77+0.079%$31.5M$98.6M100xas long as short
01 Exchange SOLUSD+0.0064%1h117.88+0.173%$102K$162K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0066%1h117.77+0.078%$26.4M$25.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.75+0.059%$7.9M$409.5M50xas long as short
BingX SOL-USDT+0.0080%8h117.92+0.211%$369.2Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h117.96+0.238%$1.1M$5.9M100xas long as short
Lighter RH SOL+0.0088%1h117.77+0.081%$2.2M$16.6M25xas long as short
Lighter SOL+0.0096%1h117.74+0.055%$13.1M$57.2M25xas long as short
Aevo SOL-PERPlong+0.0096%1h117.68long leg$345K$262K20x
Paradex SOL-USD-PERP+0.0099%8h117.75+0.060%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.74+0.054%$45K$819K20xas long as short
Nado SOL-PERPshort+0.0100%1h117.82+0.127%$5.7M$41.4M40x
Aster SOLUSDT+0.0100%8h117.80+0.103%$177.8M$180.9M100xas long as short
Pacifica SOL+0.0100%1h117.81+0.117%$12.8M$128.1M20xas long as short
Binance SOLUSDT+0.0100%8h117.94+0.222%$976.3M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h117.95+0.234%$820.7M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.93+0.216%$366.3M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.74+0.054%$255K$901K10xas long as short
Arcus SOL-USD+0.0100%1h117.84+0.141%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.15+0.403%$136.0M$13.0M20xas long as short
MEXC SOL_USDT+0.0100%8h117.92+0.207%$422.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.84+0.143%$133.5M$207.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.89+0.178%$489.3M$445.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.74+0.054%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.61−0.059%$24.4M$130.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.09+0.352%$94.9M$399.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.64−0.033%$48.2M$29.6M20xas long as short
StandX SOL-USD+0.0100%1h117.58−0.082%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.88+0.173%$351K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h117.93+0.217%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.92+0.204%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h117.60−0.062%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.72+0.037%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.74+0.054%$45.9M$100.7M50xas long as short
Phoenix SOL+0.0101%1h117.72+0.037%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.76+0.074%$8.3M$35.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.74+0.053%$228.6M500xas long as short
Hyperliquid SOL+0.0121%1h117.95+0.233%$716.9M$400.8M20xas long as short
Reya SOLRUSDPERP+0.0187%1h117.89+0.184%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h117.63−0.039%$52.2M$73.9M125xas long as short
Injective SOL/USDC PERP+0.0222%1h119.50+1.550%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h117.92+0.207%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0290%1h118.04+0.313%$25K$51K20xas long as short