Funding you earn now, next payment 03:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.004%
Price spread now: Nado against Kraken Futures+0.042%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.414%+$41 · spread now +0.042%, 7d avg +0.001%
=Together, before fees+0.414%+ Points / potential airdropNado: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.041% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOLUSD | 117.33 | −0.0055 | get 0.0007% / 1h | 39m 45s | $31.6M | $98.4M | 100x |
| Short | Nado SOL-PERP | 117.38 | 0.0100 | get 0.0012% / 1h | 39m 45s | $5.8M | $39.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. 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
- $32.61
- Price spread: +0.042% → +0.001%
- $4.05
- Slippage, 4 orders
- −$7.4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $12.25
- Costs to cover
- 0.244%
- Break-even
- 4.4 days
Slippage from Kraken Futures: live order book, 4 min ago; Nado: live order book, 4 min ago.
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 Kraken Futures live order book, 4 min ago | 1.70 bp | 8.8 bp −$9 | 10.2 bp −$102 | 13.2 bp −$1,321 | 22.6 bp −$11.3K |
| Sell Nado live order book, 4 min ago | 0.43 bp | 3.9 bp −$4 | 4.6 bp −$46 | 8.6 bp −$857 | 27.4 bp −$13.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.39 | +0.050% | $918 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0059% | 1h | 117.30 | −0.026% | — | $605K | 20x | as long as short |
| Kraken Futures PF_SOLUSDlong | −0.0055% | 1h | 117.33 | long leg | $31.6M | $98.4M | 100x | |
| Derive SOL-PERP | −0.0010% | 1h | 117.27 | −0.051% | $1.9M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.34 | +0.008% | $56K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.38 | +0.044% | $4.5M | $24.1M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.41 | +0.071% | $1.4M | $19.4M | 3.1x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0048% | 1h | 117.39 | +0.050% | $26.4M | $25.2M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 117.40 | +0.062% | $100K | $163K | 20x | as long as short |
| HTX SOL-USDT | +0.0061% | 8h | 117.29 | −0.032% | $227.8M | $45.5M | 75x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 117.34 | +0.015% | $8.0M | $402.8M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0072% | 1h | 117.52 | +0.166% | $100K | $691K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 117.31 | −0.019% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0089% | 8h | 117.35 | +0.022% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.24 | −0.074% | $13.0M | $59.2M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.32 | −0.006% | $2.1M | $16.2M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.33 | −0.001% | $344K | $226K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.33 | +0.002% | $65K | $839K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.39 | +0.057% | $1.0M | $516K | 50x | as long as short |
| Nado SOL-PERPshort | +0.0100% | 1h | 117.38 | +0.042% | $5.8M | $39.5M | 40x | |
| Aster SOLUSDT | +0.0100% | 8h | 117.32 | −0.008% | $176.6M | $178.1M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.38 | +0.041% | $14.5M | $127.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.30 | −0.021% | $965.5M | $3.73B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.31 | −0.012% | $819.0M | $1.24B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.29 | −0.032% | $365.3M | $1.63B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.38 | +0.044% | $238K | $848K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.37 | +0.033% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.45 | +0.104% | $134.7M | $15.8M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.33 | +0.002% | $857.3M | $647.5M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.31 | −0.015% | $424.5M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.33 | 0.000% | $129.9M | $212.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.27 | −0.051% | $486.1M | $433.5M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.34 | +0.010% | $23.6M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.24 | −0.073% | $24.3M | $117.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.40 | +0.062% | $94.3M | $398.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.46 | +0.113% | $48.1M | $28.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.39 | +0.050% | $1.5M | $5.9M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.52 | +0.164% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.34 | +0.010% | $352K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.33 | +0.001% | $200K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.31 | −0.011% | $25K | $27K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.36 | +0.027% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.33 | +0.002% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.32 | −0.007% | $45.7M | $100.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.28 | −0.043% | $8.2M | $36.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.31 | −0.017% | — | $220.9M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.38 | +0.044% | $6.5M | $13.4M | 25x | as long as short |
| RISEx SOL/USDC | +0.0136% | 1h | 117.44 | +0.096% | $1.9M | $4.9M | 20x | as long as short |
| Hyperliquid SOL | +0.0163% | 1h | 117.40 | +0.062% | $717.2M | $391.7M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 117.32 | −0.011% | $1.1M | $526K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0218% | 1h | 117.38 | +0.044% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.24 | −0.075% | $51.8M | $70.9M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 117.33 | +0.004% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0383% | 1h | 117.40 | +0.061% | $25K | $51K | 20x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.39 | +0.053% | $127K | $3.8M | 8.3x | as long as short |
Kraken Futures PF_SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSD
HTX SOL-USDT
Coinbase International SOL-PERP-INTX
BingX SOL-USDC
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Phoenix SOL
RISEx SOL/USDC
Hyperliquid SOL
Injective SOL/USDC PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD