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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0011%/8h= −1.2% APRnext payment $0.01 per $10,000 · paid last 24h +0.014%
Price spread now: GMX against Nado+0.001%7-day average +0.038% · 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 3 days (all we have)+0.069%+$7 on $10k
Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.001%, 7d avg +0.038%
Together, before fees+0.069%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and GMX is 0.037% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.038%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SOL-PERP119.290.0100pay 0.0012% / 1h53m 15s$6.3M$42.0M40x
ShortGMX SOL/USD [SOL-USDC]119.29L +0.0171% / S −0.0089%get 0.0011% / 1h53m 15s$3.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$2.32
Price spread: +0.001% → +0.038%
−$3.7
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
−$25.02
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 1 min ago; GMX: no order-book sample. 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 Nado live order book, 1 min ago0.42 bp3.9 bp −$44.8 bp −$4811.0 bp −$1,09632.3 bp −$16.1K
Sell GMX no order-book sample
GMX: 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
Derive SOL-PERP−0.0094%1h119.17−0.092%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.47+0.152%$847$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.29+0.003%$724K20xas long as short
dYdX SOL-USD−0.0005%1h119.43+0.120%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.29+0.006%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.47+0.159%$1.2M$20.7M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.46+0.149%$120K$625K20xas long as short
Perpl SOL0.0000%43m119.32+0.027%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0013%1h119.31+0.020%$26.8M$27.6M50xas long as short
Phoenix SOL+0.0054%1h119.37+0.071%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0059%1h119.31+0.021%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0065%8h119.28−0.006%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0068%8h119.37+0.075%$232.5M$44.7M75xas long as short
BingX SOL-USDC+0.0080%8h119.33+0.041%$10.5Mas long as short
Gate SOL_USDT+0.0093%8h119.31+0.021%$868.9M$675.4M100xas long as short
Lighter SOL+0.0096%1h119.41+0.106%$13.7M$54.9M25xas long as short
Lighter RH SOL+0.0096%1h119.41+0.103%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.36+0.063%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.24−0.041%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.38+0.076%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.31+0.021%$46K$791K20xas long as short
Nado SOL-PERPlong+0.0100%1h119.29long leg$6.3M$42.0M40x
Hyperliquid SOL+0.0100%1h119.41+0.105%$720.5M$413.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.34+0.047%$178.9M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.44+0.133%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.26−0.019%$977.7M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.29+0.006%$823.6M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.24−0.038%$372.2M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.44+0.130%$233K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.37+0.070%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.194%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.28−0.004%$436.4M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29+0.002%$140.7M$199.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.24−0.037%$495.7M$455.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.39+0.088%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.31+0.025%$27.4M$127.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.37+0.073%$95.9M$397.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.47+0.157%$48.9M$32.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.46+0.146%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.49+0.172%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30+0.012%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27−0.016%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.28−0.009%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.26−0.024%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.26−0.021%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.25−0.030%$46.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.23−0.045%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.27−0.010%$8.2M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.40+0.093%$222.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.26−0.025%$32.8M$94.8M100xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0171% / S −0.0089%1h119.29+0.001%$3.6M200x
Reya SOLRUSDPERP+0.0180%1h119.27−0.015%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.36+0.064%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41+0.105%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.23−0.046%$51.9M$87.0M125xas long as short