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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= +0.1% APRpaid last 24h 0.000%
Price spread now: Nado against Katana Perps0.000%7-day average +0.060% · you sell dearer than you buy
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 4 days (all we have)+0.002%$0 on $10k
Price spread, last 7 days+0.050%+$5 · spread now 0.000%, 7d avg +0.060%
Together, before fees+0.052%+ Points / potential airdropNado: Active · farm board+$5 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 0.060% cheaper against Katana Perps than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps SOL-USD116.640.0100pay 0.0100% / 8h41m 15s$66K$909K20x
ShortNado SOL-PERP116.640.0100get 0.0012% / 1h41m 15s$5.4M$41.4M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.1
Price spread: 0.000% → +0.060%
−$6.01
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$16.71
Costs to cover
0.108%
Break-even
1143.6 days
Slippage unknown: Katana Perps: no order-book sample; Nado: live order book, 3 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 Katana Perps no order-book sample
Sell Nado live order book, 3 min ago0.43 bp3.9 bp −$44.9 bp −$498.9 bp −$88830.2 bp −$15.1K
Katana Perps: 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
Kraken Futures PF_SOLUSD−0.0153%1h116.74+0.086%$32.5M$106.3M100xas long as short
Hibachi SOL/USDT-P−0.0144%1h116.76+0.102%$96K$681K20xas long as short
Bybit SOLUSDT−0.0110%8h116.68+0.034%$737.3M$1.43B100xas long as short
Derive SOL-PERP−0.0095%1h116.63−0.006%$1.9M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h116.65+0.009%$1K$8K25xas long as short
Injective SOL/USDC PERP−0.0055%1h116.85+0.180%$4K$2K12xas long as short
Vest SOL-PERP−0.0047%1h116.66+0.019%$633K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.73+0.077%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.73+0.077%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.67+0.024%$106K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0008%1h116.71+0.057%$4.3M$23.6M20xas long as short
Lighter RH SOL+0.0016%1h116.69+0.040%$2.2M$16.7M25xas long as short
Bitget SOLUSDT+0.0027%8h116.69+0.043%$481.5M$457.8M100xas long as short
SoDEX SOL-USD+0.0030%1h116.69+0.043%$6.1M$11.0M20xas long as short
01 Exchange SOLUSD+0.0048%1h116.72+0.069%$99K$178K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.73+0.081%$8.0M$402.0M50xas long as short
Aster SOLUSDT+0.0060%8h116.68+0.035%$177.2M$168.4M100xas long as short
Orderly PERP_SOL_USDC+0.0075%8h116.69+0.043%$1.0M$5.9M100xas long as short
Paradex SOL-USD-PERP+0.0094%8h116.65+0.011%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.70+0.056%$13.2M$60.4M25xas long as short
Aevo SOL-PERP+0.0096%1h116.70+0.050%$352K$256K20xas long as short
Katana Perps SOL-USDlong+0.0100%8h116.64long leg$66K$909K20x
Nado SOL-PERPshort+0.0100%1h116.640.000%$5.4M$41.4M40x
Hyperliquid SOL+0.0100%1h116.79+0.129%$704.1M$408.2M20xas long as short
Pacifica SOL+0.0100%1h116.70+0.056%$15.7M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.69+0.043%$967.0M$3.86B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.70+0.051%$369.1M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.640.000%$218K$832K10xas long as short
Arcus SOL-USD+0.0100%1h116.68+0.034%$899K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.55−0.076%$125.5M$25.2M20xas long as short
Gate SOL_USDT+0.0100%8h116.67+0.026%$851.5M$660.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.70+0.051%$368.2M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.69+0.043%$132.4M$233.9M75xas long as short
BingX SOL-USDC+0.0100%8h116.63−0.007%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.73+0.077%$23.1M$35.9M50xas long as short
Variational Omni SOL+0.0100%8h116.71+0.062%$25.0M$108.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.64+0.001%$93.6M$405.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.72+0.066%$47.8M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.70+0.055%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.67+0.026%$1.3M$11.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.68+0.034%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.68+0.033%$242K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.70+0.051%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.65+0.012%$190K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.70+0.054%$225.9M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.70+0.051%$45.4M$104.6M50xas long as short
Extended SOL-USD+0.0104%1h116.66+0.016%$8.2M$37.6M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0106%1h116.77+0.115%$26.5M$22.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.68+0.030%$233.7M500xas long as short
Phoenix SOL+0.0130%1h116.80+0.137%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0195%1h116.66+0.018%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.640.000%$52.1M$66.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.72+0.068%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0479%1h116.74+0.086%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.73+0.078%$2.1M$4.8M20xas long as short