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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:46 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.036%
Price spread now: Perpl against Nado0.000%7-day average −0.040% · 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)−0.198%−$20 on $10k
Price spread, last 7 days+0.043%+$4 · spread now 0.000%, 7d avg −0.040%
Together, before fees−0.155%+ Points / potential airdropNado: Active · Perpl: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.040% dearer against Nado than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.040%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 3 days (−0.198% in total) that is about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SOL-PERP119.000.0100pay 0.0012% / 1h31m 41s$6.1M$40.6M40x
ShortPerpl SOL119.000get 0.0000% / 43m27m 41s$177K$4.0M8.3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: 0.000% → −0.040%
$4.01
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$37.79
Costs to cover
0.208%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 2 min ago; Perpl: 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, 2 min ago0.42 bp3.9 bp −$44.3 bp −$439.9 bp −$99031.1 bp −$15.5K
Sell Perpl no order-book sample
Perpl: 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
Hotstuff SOL-PERP−0.0080%1h118.97−0.018%$844$8K25xas long as short
Vest SOL-PERP−0.0075%1h118.95−0.036%$723K20xas long as short
Derive SOL-PERP−0.0073%1h118.91−0.069%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0016%1h119.03+0.031%$4.9M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.03+0.032%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.03+0.030%$1.3M$20.7M3.1xas long as short
Perpl SOLshort0.0000%43m119.000.000%$177K$4.0M8.3x
Deribit SOL_USDC-PERPETUAL+0.0027%1h119.03+0.030%$26.6M$26.0M50xas long as short
ApeX Omni SOLUSDT+0.0042%1h119.02+0.021%$1.5M$6.2M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h119.00+0.004%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h119.04+0.038%$104K$158K20xas long as short
BingX SOL-USDT+0.0080%8h119.000.000%$372.0Mas long as short
HTX SOL-USDT+0.0087%8h118.94−0.048%$231.5M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h118.99−0.004%$864.0M$679.4M100xas long as short
Lighter SOL+0.0096%1h118.99−0.003%$13.6M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.97−0.021%$2.2M$16.9M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h119.03+0.027%$121K$627K20xas long as short
Aevo SOL-PERP+0.0096%1h118.96−0.030%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h119.00+0.007%$8.1M$416.7M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.96−0.027%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.98−0.013%$45K$797K20xas long as short
Nado SOL-PERPlong+0.0100%1h119.00long leg$6.1M$40.6M40x
Hyperliquid SOL+0.0100%1h119.10+0.085%$720.9M$411.9M20xas long as short
Aster SOLUSDT+0.0100%8h118.99−0.004%$178.6M$176.3M100xas long as short
Pacifica SOL+0.0100%1h119.03+0.027%$12.3M$120.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.99−0.001%$983.4M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h119.00+0.008%$825.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.98−0.013%$372.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.93−0.055%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.04+0.034%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.35+0.298%$134.1M$6.0M20xas long as short
MEXC SOL_USDT+0.0100%8h118.99−0.004%$460.2M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.02+0.017%$138.7M$205.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.97−0.020%$493.4M$459.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.02+0.021%$24.3M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.09+0.081%$27.2M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23+0.196%$95.8M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.09+0.080%$48.8M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h119.03+0.029%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.00+0.004%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00+0.007%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.00+0.006%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.99−0.007%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.97−0.021%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.99−0.004%$46.5M$102.7M50xas long as short
Phoenix SOL+0.0100%1h119.08+0.071%$6.6M$13.7M25xas long as short
Aftermath Perps SOLUSD+0.0104%1h119.17+0.147%$24K$47K20xas long as short
Extended SOL-USD+0.0104%1h118.97−0.021%$8.7M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.98−0.012%$32.6M$97.1M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.99−0.002%$225.4M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0168% / S −0.0068%1h119.02+0.022%$3.8M200xas long as short
Injective SOL/USDC PERP+0.0170%1h119.60+0.508%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h118.98−0.011%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h119.00+0.004%$52.2M$81.7M125xas long as short
RISEx SOL/USDC+0.0226%1h119.05+0.047%$1.7M$5.2M20xas long as short