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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Nado against Lighter RH+0.002%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$100.105% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 7 days−0.017%−$2 · spread now +0.002%, 7d avg +0.020%
Together, before fees−0.013%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL118.910.0096pay 0.0012% / 1h0m 10s$2.1M$17.1M25x
ShortNado SOL-PERP118.910.0100get 0.0012% / 1h0m 10s$5.9M$41.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Lighter RH. 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
$0.84
Price spread: +0.002% → +0.020%
−$1.75
Slippage, 4 orders
−$3.45
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$11.36
Costs to cover
0.105%
Break-even
101.7 days
Slippage from Lighter RH: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 4 min ago1.30 bp1.3 bp −$12.1 bp −$2118.0 bp −$1,804doesn't fit
Sell Nado live order book, 4 min ago0.42 bp3.9 bp −$44.4 bp −$448.5 bp −$84726.9 bp −$13.4K

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
Derive SOL-PERP−0.0100%1h118.86−0.045%$2.0M$2.8M13xas long as short
Hotstuff SOL-PERP−0.0080%1h118.89−0.013%$843$8K25xas long as short
Vest SOL-PERP−0.0078%1h118.86−0.041%$723K20xas long as short
dYdX SOL-USD−0.0022%1h118.93+0.021%$4.9M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.95+0.035%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.93+0.023%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.95+0.037%$175K$3.9M8.3xas long as short
ApeX Omni SOLUSDT+0.0020%1h118.73−0.146%$1.5M$6.1M50xas long as short
Gate SOL_USDT+0.0066%8h118.91+0.002%$861.7M$690.3M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.92+0.010%$103K$158K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0074%1h118.98+0.064%$26.6M$25.7M50xas long as short
Orderly PERP_SOL_USDC+0.0078%8h118.94+0.030%$1.0M$5.9M100xas long as short
BingX SOL-USDC+0.0080%8h118.88−0.020%$10.5Mas long as short
HTX SOL-USDT+0.0080%8h118.88−0.026%$231.4M$45.0M75xas long as short
Hibachi SOL/USDT-P+0.0088%1h118.86−0.045%$122K$642K20xas long as short
Lighter SOL+0.0096%1h118.92+0.009%$13.4M$56.8M25xas long as short
Lighter RH SOLlong+0.0096%1h118.91long leg$2.1M$17.1M25x
Aevo SOL-PERP+0.0096%1h118.95+0.035%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.96+0.044%$8.2M$417.2M50xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.93+0.017%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.87−0.032%$45K$797K20xas long as short
Nado SOL-PERPshort+0.0100%1h118.91+0.002%$5.9M$41.0M40x
Hyperliquid SOL+0.0100%1h119.03+0.103%$720.4M$408.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.93+0.017%$178.6M$177.4M100xas long as short
Pacifica SOL+0.0100%1h118.94+0.027%$12.2M$122.3M20xas long as short
Binance SOLUSDT+0.0100%8h118.92+0.010%$981.1M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.93+0.021%$823.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.92+0.010%$371.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.82−0.074%$231K$883K10xas long as short
Arcus SOL-USD+0.0100%1h118.93+0.022%$1.9M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h118.65−0.219%$133.6M$4.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.92+0.010%$429.6M$1.14B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.95+0.033%$138.0M$207.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.91−0.003%$493.2M$458.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.94+0.027%$24.2M$38.6M50xas long as short
Variational Omni SOL+0.0100%8h118.79−0.100%$27.0M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.73−0.146%$95.4M$403.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.57−0.287%$48.6M$30.4M20xas long as short
StandX SOL-USD+0.0100%1h118.81−0.082%$1.4M$13.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.94+0.027%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.93+0.021%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.75−0.970%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.87−0.035%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.93+0.019%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.91+0.002%$46.5M$102.4M50xas long as short
Phoenix SOL+0.0100%1h118.85−0.049%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.90−0.009%$8.7M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.92+0.010%$32.6M$97.1M100xas long as short
Aftermath Perps SOLUSD+0.0117%1h118.75−0.129%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.92+0.012%$225.7M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0166% / S −0.0070%1h118.94+0.029%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0170%1h118.66−0.209%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0185%1h118.93+0.016%$1.1M$539K25xas long as short
BloFin SOL-USDT+0.0220%8h118.93+0.019%$51.9M$80.3M125xas long as short
RISEx SOL/USDC+0.0226%1h118.89−0.014%$1.8M$4.8M20xas long as short