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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SOL-PERP | 119.48 | 0.0100 | pay 0.0012% / 1h | 53m 53s | $6.3M | $42.0M | 40x |
| Short | Orderly PERP_SOL_USDC | 119.44 | 0.0064 | get 0.0064% / 8h | 1h 53m | $1.1M | $5.9M | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 5 min ago | 0.42 bp | 3.9 bp −$4 | 4.3 bp −$43 | 9.7 bp −$968 | 31.2 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERP | −0.0094% | 1h | 119.34 | −0.115% | $2.0M | $3.1M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.52 | +0.036% | $847 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0063% | 1h | 119.40 | −0.069% | — | $724K | 20x | as long as short |
| dYdX SOL-USD | −0.0007% | 1h | 119.50 | +0.017% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.44 | −0.033% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.47 | −0.004% | $1.2M | $20.7M | 3.1x | as long as short |
| Hibachi SOL/USDT-P | 0.0000% | 1h | 119.52 | +0.034% | $120K | $625K | 20x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.47 | −0.005% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 119.45 | −0.026% | $26.8M | $27.6M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0057% | 1h | 119.31 | −0.143% | $24K | $47K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDCshort | +0.0064% | 8h | 119.44 | −0.036% | $1.1M | $5.9M | 100x | |
| HTX SOL-USDT | +0.0069% | 8h | 119.37 | −0.095% | $232.5M | $44.7M | 75x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.43 | −0.044% | — | $10.5M | — | as long as short |
| Gate SOL_USDT | +0.0094% | 8h | 119.39 | −0.075% | $869.4M | $675.3M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.37 | −0.090% | $13.6M | $54.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.36 | −0.098% | $2.1M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 119.52 | +0.033% | $104K | $153K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.39 | −0.072% | $354K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.43 | −0.039% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.45 | −0.025% | $46K | $791K | 20x | as long as short |
| Nado SOL-PERPlong | +0.0100% | 1h | 119.48 | long leg | $6.3M | $42.0M | 40x | |
| Hyperliquid SOL | +0.0100% | 1h | 119.48 | 0.000% | $720.9M | $413.2M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.42 | −0.050% | $179.0M | $176.6M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.54 | +0.052% | $12.4M | $116.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.41 | −0.055% | $978.9M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.44 | −0.033% | $824.8M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.40 | −0.067% | $372.6M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.44 | −0.033% | $233K | $877K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.56 | +0.064% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.05 | −0.357% | $133.5M | $10.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.44 | −0.033% | $436.6M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.44 | −0.030% | $140.9M | $199.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.40 | −0.064% | $496.2M | $455.1M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.39 | −0.075% | $24.1M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.31 | −0.138% | $27.4M | $127.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.12 | −0.300% | $95.7M | $396.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.21 | −0.228% | $48.8M | $32.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.13 | −0.293% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.53 | +0.042% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.45 | −0.025% | $366K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.42 | −0.047% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.44 | −0.034% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.42 | −0.053% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.40 | −0.067% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.39 | −0.075% | $46.7M | $102.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.38 | −0.083% | $8.7M | $36.6M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.42 | −0.054% | $8.2M | $416.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.53 | +0.045% | — | $222.4M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.38 | −0.081% | $32.8M | $94.8M | 100x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.37 | −0.092% | $6.6M | $13.6M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0089% | 1h | 119.44 | −0.033% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 119.43 | −0.044% | $1.1M | $558K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.52 | +0.032% | $1.6M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.41 | −0.059% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.48 | 0.000% | $52.0M | $87.2M | 125x | as long as short |
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
Aftermath Perps SOLUSD
HTX SOL-USDT
BingX SOL-USDC
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
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
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT