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−0.0036%/8h= −3.9% APRpaid last 24h −0.011%
Price spread now: Orderly against Nado−0.036%7-day average +0.004% · you buy dearer than you sell
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)−0.015%−$2 on $10k
Price spread, last 3 days (all we have)−0.128%−$13 · spread now −0.036%, 7d avg +0.004%
Together, before fees−0.143%+ Points / potential airdropNado: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.040% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SOL-PERP119.480.0100pay 0.0012% / 1h53m 53s$6.3M$42.0M40x
ShortOrderly PERP_SOL_USDC119.440.0064get 0.0064% / 8h1h 53m$1.1M$5.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$7.55
Price spread: −0.036% → +0.004%
−$4.05
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$24.6
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 5 min ago; Orderly: 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, 5 min ago0.42 bp3.9 bp −$44.3 bp −$439.7 bp −$96831.2 bp −$15.6K
Sell Orderly no order-book sample
Orderly: 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%1h119.34−0.115%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.52+0.036%$847$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.40−0.069%$724K20xas long as short
dYdX SOL-USD−0.0007%1h119.50+0.017%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.44−0.033%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.47−0.004%$1.2M$20.7M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.52+0.034%$120K$625K20xas long as short
Perpl SOL0.0000%43m119.47−0.005%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.45−0.026%$26.8M$27.6M50xas long as short
Aftermath Perps SOLUSD+0.0057%1h119.31−0.143%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDCshort+0.0064%8h119.44−0.036%$1.1M$5.9M100x
HTX SOL-USDT+0.0069%8h119.37−0.095%$232.5M$44.7M75xas long as short
BingX SOL-USDC+0.0080%8h119.43−0.044%$10.5Mas long as short
Gate SOL_USDT+0.0094%8h119.39−0.075%$869.4M$675.3M100xas long as short
Lighter SOL+0.0096%1h119.37−0.090%$13.6M$54.9M25xas long as short
Lighter RH SOL+0.0096%1h119.36−0.098%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.52+0.033%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.39−0.072%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.43−0.039%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.45−0.025%$46K$791K20xas long as short
Nado SOL-PERPlong+0.0100%1h119.48long leg$6.3M$42.0M40x
Hyperliquid SOL+0.0100%1h119.480.000%$720.9M$413.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.42−0.050%$179.0M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.54+0.052%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.41−0.055%$978.9M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.44−0.033%$824.8M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.40−0.067%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.44−0.033%$233K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.56+0.064%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.357%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.44−0.033%$436.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.44−0.030%$140.9M$199.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.40−0.064%$496.2M$455.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.39−0.075%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.31−0.138%$27.4M$127.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.12−0.300%$95.7M$396.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.21−0.228%$48.8M$32.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.13−0.293%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.53+0.042%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.45−0.025%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.42−0.047%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.44−0.034%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.42−0.053%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.40−0.067%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.39−0.075%$46.7M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.38−0.083%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.42−0.054%$8.2M$416.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.53+0.045%$222.4M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.38−0.081%$32.8M$94.8M100xas long as short
Phoenix SOL+0.0154%1h119.37−0.092%$6.6M$13.6M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.44−0.033%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0180%1h119.43−0.044%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.52+0.032%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41−0.059%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.480.000%$52.0M$87.2M125xas long as short