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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.054%
Price spread now: Nado against Hotstuff−0.019%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Nado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP116.67−0.0080get 0.0010% / 1h4m 31s$1K$8K25x
ShortNado SOL-PERP116.650.0100get 0.0012% / 1h4m 31s$5.4M$39.8M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Hotstuff. 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
$37.8
Price spread: −0.019% → 0.000%
−$1.86
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$23.94
Costs to cover
0.120%
Break-even
2.6 days
Slippage unknown: Hotstuff: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Nado live order book, 5 min ago0.43 bp3.9 bp −$44.1 bp −$419.2 bp −$91727.7 bp −$13.8K
Hotstuff: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P−0.0168%1h116.69+0.011%$103K$698K20xas long as short
Vest SOL-PERP−0.0098%1h116.66−0.009%$601K20xas long as short
Hotstuff SOL-PERPlong−0.0080%1h116.67long leg$1K$8K25x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.76+0.071%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.69+0.014%$1.5M$18.6M3.1xas long as short
dYdX SOL-USD+0.0001%1h116.69+0.012%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0031%1h116.61−0.060%$1.9M$2.9M13xas long as short
01 Exchange SOLUSD+0.0056%1h116.75+0.064%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.67−0.004%$7.4M$403.9M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.68+0.003%$31.0M$100.0M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0092%8h116.68+0.004%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.68+0.005%$13.0M$60.2M25xas long as short
Lighter RH SOL+0.0096%1h116.66−0.015%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.67−0.003%$347K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.67−0.004%$50K$871K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.64−0.031%$1.0M$549K50xas long as short
Nado SOL-PERPshort+0.0100%1h116.65−0.019%$5.4M$39.8M40x
Hyperliquid SOL+0.0100%1h116.86+0.159%$705.6M$394.2M20xas long as short
Aster SOLUSDT+0.0100%8h116.67−0.004%$174.6M$182.4M100xas long as short
Pacifica SOL+0.0100%1h116.71+0.030%$15.7M$129.9M20xas long as short
Binance SOLUSDT+0.0100%8h116.72+0.037%$970.9M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.67−0.004%$781.6M$1.35B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.73+0.047%$369.0M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.61−0.056%$231K$833K10xas long as short
Arcus SOL-USD+0.0100%1h116.72+0.041%$927K$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.70+0.019%$134.0M$22.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.66−0.013%$841.1M$666.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.75+0.064%$374.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.74+0.057%$129.1M$220.8M75xas long as short
Bitget SOLUSDT+0.0100%8h116.71+0.031%$479.6M$440.9M100xas long as short
BingX SOL-USDC+0.0100%8h116.63−0.036%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.66−0.013%$23.2M$38.9M50xas long as short
Variational Omni SOL+0.0100%8h116.60−0.060%$24.5M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65−0.022%$93.6M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.66−0.013%$47.7M$30.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.70+0.026%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.64−0.030%$1.3M$12.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.73+0.047%$320K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.75+0.063%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.66−0.011%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.68+0.003%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.67−0.004%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.63−0.036%$226.3M$47.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.68+0.004%$45.7M$102.0M50xas long as short
Extended SOL-USD+0.0104%1h116.66−0.013%$8.2M$37.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.69+0.013%$231.3M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0137%1h116.73+0.045%$26.3M$23.7M50xas long as short
Injective SOL/USDC PERP+0.0137%1h116.72+0.039%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.71+0.030%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.71+0.033%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h116.67−0.004%$51.9M$67.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.68+0.002%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.73+0.051%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0526%1h116.75+0.067%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.79+0.098%$1.9M$4.8M20xas long as short