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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%
Price spread now: ApeX Omni against Nado−0.046%61s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.149%−$15 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.046%, 7d avg −0.022%
Together, before fees−0.073%+ Points / potential airdropNado: Active · farm board−$7 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: ApeX Omni is 0.024% cheaper against Nado than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.022%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SOL-PERP116.780.0100pay 0.0012% / 1h1m 39s$5.4M$39.8M40x
ShortApeX Omni SOLUSDT116.720.0100get 0.0013% / 1h1m 39s$1.2M$6.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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
Price spread: −0.046% → −0.022%
−$2.45
Slippage, 4 orders
−$3.21
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$22.66
Costs to cover
0.202%
Break-even
2327754280143487.0 days
Slippage from Nado: live order book, 2 min ago; ApeX Omni: live order book, 2 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 Nado live order book, 2 min ago0.43 bp3.9 bp −$44.0 bp −$408.4 bp −$84426.1 bp −$13.1K
Sell ApeX Omni live order book, 2 min ago0.86 bp6.2 bp −$68.7 bp −$8758.8 bp −$5,876doesn't fit

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%1h116.85+0.066%$103K$698K20xas long as short
Vest SOL-PERP−0.0098%1h116.77−0.004%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.85+0.065%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.85+0.062%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.86+0.067%$1.5M$18.6M3.1xas long as short
dYdX SOL-USD+0.0003%1h116.96+0.156%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0016%1h116.79+0.012%$1.9M$2.8M13xas long as short
01 Exchange SOLUSD+0.0056%1h117.01+0.199%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.89+0.097%$7.4M$404.5M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.88+0.091%$31.1M$99.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0093%8h116.86+0.071%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.96+0.157%$13.1M$60.3M25xas long as short
Lighter RH SOL+0.0096%1h116.94+0.139%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.86+0.072%$348K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.99+0.182%$51K$872K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.03+0.214%$1.0M$550K50xas long as short
Nado SOL-PERPlong+0.0100%1h116.78long leg$5.4M$39.8M40x
Hyperliquid SOL+0.0100%1h117.04+0.225%$706.8M$394.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.91+0.110%$175.0M$182.4M100xas long as short
Pacifica SOL+0.0100%1h117.01+0.198%$15.8M$129.9M20xas long as short
Binance SOLUSDT+0.0100%8h116.99+0.182%$973.1M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.95+0.148%$783.0M$1.35B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.99+0.182%$369.6M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.87+0.079%$231K$837K10xas long as short
Arcus SOL-USD+0.0100%1h117.01+0.201%$927K$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.70−0.068%$134.0M$22.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.97+0.165%$843.2M$666.9M100xas long as short
MEXC SOL_USDT+0.0100%8h116.98+0.174%$373.3M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.95+0.145%$129.3M$220.8M75xas long as short
Bitget SOLUSDT+0.0100%8h116.96+0.159%$480.5M$441.1M100xas long as short
BingX SOL-USDC+0.0100%8h116.93+0.128%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.86+0.071%$23.3M$39.0M50xas long as short
Variational Omni SOL+0.0100%8h116.60−0.148%$24.5M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65−0.111%$93.6M$397.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.66−0.101%$47.7M$30.0M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h116.72−0.046%$1.2M$6.7M50x
StandX SOL-USD+0.0100%1h116.81+0.028%$1.3M$12.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.82+0.037%$321K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.82+0.039%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.85+0.065%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.81+0.025%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.86+0.071%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.80+0.017%$226.6M$47.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.87+0.079%$45.8M$102.0M50xas long as short
Extended SOL-USD+0.0104%1h116.94+0.141%$8.3M$37.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.86+0.067%$231.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.72−0.049%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.71−0.058%$6.5M$13.4M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0145%1h116.92+0.121%$26.4M$23.6M50xas long as short
Reya SOLRUSDPERP+0.0190%1h116.80+0.020%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h116.83+0.045%$52.0M$67.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.84+0.053%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.81+0.028%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0525%1h116.80+0.023%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h117.07+0.249%$1.9M$4.8M20xas long as short