Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.035%
Price spread now: Nado against Derive+0.061%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.368%+$37 · spread now +0.061%, 7d avg +0.035%
=Together, before fees+0.427%+ Points / potential airdropNado: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.027% dearer against Derive than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive SOL-PERP | 116.59 | 0.0012 | pay 0.0002% / 1h | 54m 07s | $1.9M | $2.8M | 13x |
| Short | Nado SOL-PERP | 116.66 | 0.0100 | get 0.0012% / 1h | 54m 07s | $5.5M | $39.3M | 40x |
Derive SOL-PERP
Nado SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Derive. 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
- $18.44
- Price spread: +0.061% → +0.035%
- $2.66
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $8.1
- Costs to cover
- 0.130%
- Break-even
- 3.9 days
Slippage unknown: Derive: no order-book sample; Nado: 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 Derive no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 5 min ago | 0.43 bp | 3.9 bp −$4 | 3.9 bp −$39 | 7.6 bp −$760 | 27.9 bp −$14.0K |
Derive: 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 | −0.0435% | 1h | 116.33 | −0.222% | $1.7M | $6.0M | 50x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.67 | +0.067% | $912 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0076% | 1h | 116.63 | +0.039% | — | $602K | 20x | as long as short |
| Hibachi SOL/USDT-P | −0.0008% | 1h | 116.68 | +0.080% | $103K | $700K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.67 | +0.071% | $54K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.69 | +0.087% | $4.4M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.68 | +0.077% | $1.4M | $18.7M | 3.1x | as long as short |
| Derive SOL-PERPlong | +0.0012% | 1h | 116.59 | long leg | $1.9M | $2.8M | 13x | |
| 01 Exchange SOLUSD | +0.0056% | 1h | 116.68 | +0.078% | $99K | $168K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.70 | +0.094% | $7.6M | $404.3M | 50x | as long as short |
ApeX Omni SOLUSDT
Hotstuff SOL-PERP
Vest SOL-PERP
Hibachi SOL/USDT-P
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTXShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.69 | +0.090% | $30.8M | $100.0M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0080% | 1h | 116.73 | +0.119% | $26.3M | $25.2M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.65 | +0.054% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.68 | +0.080% | $13.0M | $59.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.67 | +0.073% | $2.2M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.62 | +0.027% | $342K | $229K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.70 | +0.098% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.64 | +0.044% | $50K | $845K | 20x | as long as short |
| Nado SOL-PERPshort | +0.0100% | 1h | 116.66 | +0.061% | $5.5M | $39.3M | 40x | |
| Hyperliquid SOL | +0.0100% | 1h | 116.75 | +0.138% | $707.5M | $394.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.67 | +0.073% | $175.3M | $181.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.70 | +0.098% | $15.5M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.69 | +0.083% | $962.1M | $3.77B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.63 | +0.035% | $795.0M | $1.32B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.69 | +0.087% | $364.7M | $1.66B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.66 | +0.061% | $232K | $849K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.69 | +0.085% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.66 | +0.059% | $133.8M | $20.4M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.66 | +0.061% | $848.6M | $651.7M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.69 | +0.087% | $416.0M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.63 | +0.037% | $126.4M | $216.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.65 | +0.056% | $481.7M | $439.0M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.67 | +0.073% | — | $365.3M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.66 | +0.061% | $23.3M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.68 | +0.074% | $24.4M | $115.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.36 | −0.195% | $93.5M | $396.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.56 | −0.023% | $47.6M | $29.2M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.62 | +0.026% | $1.3M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.67 | +0.069% | $332K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.65 | +0.053% | $148K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.62 | +0.028% | $25K | $29K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.65 | +0.055% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.67 | +0.069% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.65 | +0.050% | $226.4M | $46.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.72 | +0.112% | $45.6M | $101.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.62 | +0.026% | $8.0M | $36.5M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.71 | +0.103% | — | $221.3M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 116.77 | +0.155% | $6.5M | $13.4M | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 117.56 | +0.833% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.65 | +0.056% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.62 | +0.026% | $51.8M | $71.9M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.67 | +0.073% | $3.5M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.73 | +0.121% | $128K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0457% | 1h | 116.79 | +0.173% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.74 | +0.132% | $1.9M | $4.9M | 20x | as long as short |
Kraken Futures PF_SOLUSD
Deribit SOL_USDC-PERPETUAL
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
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
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
Jupiter Perps SOL-PERP
Phoenix SOL
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
Aftermath Perps SOLUSD
RISEx SOL/USDC