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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against Coinbase International−0.147%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.009%−$1 on $10k
Price spread, last 3 days (all we have)+0.559%+$56 · spread now −0.147%, 7d avg −0.016%
Together, before fees+0.550%+ Points / potential airdropNado: Active · farm board+$55 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Nado is 0.131% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX118.920.0112pay 0.0014% / 1h53m 58s$8.1M$414.4M50x
ShortNado SOL-PERP118.750.0100get 0.0012% / 1h53m 58s$5.5M$40.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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
−$2.52
Price spread: −0.147% → −0.016%
−$13.1
Slippage, 4 orders
−$1.14
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$33.76
Costs to cover
0.181%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Nado: live order book, 5 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 Coinbase International live order book, 5 min ago0.04 bp5.0 bp −$57.8 bp −$7815.9 bp −$1,59477.0 bp −$38.5K
Sell Nado live order book, 5 min ago0.42 bp3.9 bp −$44.4 bp −$449.2 bp −$91529.5 bp −$14.8K

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
Injective SOL/USDC PERP−0.0151%1h118.68−0.202%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.77−0.127%$2.0M$3.2M13xas long as short
Aftermath Perps SOLUSD−0.0085%1h119.04+0.097%$24K$48K20xas long as short
Vest SOL-PERP−0.0083%1h118.80−0.100%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.79−0.109%$842$8K25xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.89−0.025%$49K150xas long as short
dYdX SOL-USD0.0000%1h118.87−0.042%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.76−0.134%$184K$4.1M8.3xas long as short
01 Exchange SOLUSD+0.0056%1h118.80−0.101%$104K$153K20xas long as short
Orderly PERP_SOL_USDC+0.0056%8h118.86−0.050%$1.1M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0063%1h118.94+0.014%$26.7M$27.8M50xas long as short
HTX SOL-USDT+0.0070%8h118.81−0.096%$231.5M$43.8M75xas long as short
Gate SOL_USDT+0.0079%8h118.85−0.059%$857.9M$673.7M100xas long as short
KuCoin SOLUSDTM+0.0086%8h118.94+0.015%$144.8M$197.0M75xas long as short
Lighter SOL+0.0096%1h118.87−0.040%$13.4M$52.8M25xas long as short
Lighter RH SOL+0.0096%1h118.87−0.042%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.89−0.028%$353K$746K20xas long as short
Bitget SOLUSDT+0.0097%8h118.90−0.014%$496.4M$451.6M100xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.74−0.149%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.81−0.092%$47K$781K20xas long as short
Nado SOL-PERPshort+0.0100%1h118.75−0.147%$5.5M$40.7M40x
Hyperliquid SOL+0.0100%1h118.96+0.037%$717.9M$423.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.90−0.019%$179.5M$174.3M100xas long as short
Pacifica SOL+0.0100%1h118.88−0.034%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.920.000%$974.8M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h118.95+0.025%$823.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.90−0.017%$368.8M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.78−0.118%$233K$867K10xas long as short
Arcus SOL-USD+0.0100%1h118.87−0.045%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.141%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.90−0.017%$471.2M$1.07B300xas long as short
BingX SOL-USDC+0.0100%8h118.92−0.003%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.91−0.008%$24.1M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.07+0.130%$27.7M$126.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.93+0.009%$95.5M$395.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.07+0.128%$48.7M$33.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.99+0.059%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.10+0.151%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.77−0.126%$360K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.81−0.089%$200K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.86−0.054%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.83−0.072%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.86−0.050%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.85−0.059%$46.4M$99.8M50xas long as short
Extended SOL-USD+0.0104%1h118.88−0.030%$8.7M$37.4M50xas long as short
Kalshi KXSOLPERP+0.0104%8h119.14+0.183%$1.2M$20.9M3.1xas long as short
Coinbase International SOL-PERP-INTXlong+0.0112%1h118.92long leg$8.1M$414.4M50x
Hibachi SOL/USDT-P+0.0120%1h119.02+0.087%$123K$621K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.98+0.049%$217.6M500xas long as short
Phoenix SOL+0.0149%1h119.15+0.193%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h118.84−0.067%$1.6M$6.2M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.80−0.104%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.18+0.219%$52.0M$91.2M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.90−0.021%$36.2M$90.2M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0175%1h118.88−0.033%$3.5M200xas long as short