Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

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 0.000%

Price spread now: Polymarket Perps against Nado0.000%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$170.167% of the position

Long on Nado Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days+0.030%+$3 · spread now 0.000%, 7d avg −0.016%

Together, before fees+0.030%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SOL-PERP	116.83	0.0100	pay 0.0012% / 1h	29m 40s	$5.4M	$39.6M	40x
Short	Polymarket Perps SOL-USD	116.83	0.0100	get 0.0013% / 1h	29m 40s	$321K	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee NadobpFee Polymarket PerpsbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.016%: $1.56
Slippage, 4 orders: −$1.72
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$15.16
Costs to cover: 0.167%
Break-even: 1557243652903352.8 days

Slippage from Nado: live order book, 4 min ago; Polymarket Perps: live order book, 4 min ago.

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, 4 min ago	0.43 bp	3.9 bp −$4	4.4 bp −$44	8.6 bp −$858	25.1 bp −$12.6K
Sell Polymarket Perps live order book, 4 min ago	0.43 bp	4.4 bp −$4	6.0 bp −$60	19.4 bp −$1,945	doesn't fit

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
Hibachi SOL/USDT-P	−0.0104%	1h	116.85	+0.019%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.79	−0.033%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.88	+0.043%	$914	$8K	25x	as long as short
Derive SOL-PERP	−0.0060%	1h	116.83	−0.004%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.88	+0.042%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.90	+0.061%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.98	+0.126%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.95	+0.102%	$100K	$171K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.95	+0.099%	$7.5M	$405.7M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.90	+0.058%	$31.1M	$100.3M	100x	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_USDC	+0.0091%	8h	116.91	+0.065%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.93	+0.085%	$13.1M	$60.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.94	+0.091%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.89	+0.050%	$348K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.90	+0.060%	$51K	$868K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.99	+0.135%	$1.0M	$549K	50x	as long as short
Nado SOL-PERPlong	+0.0100%	1h	116.83	long leg	$5.4M	$39.6M	40x
Hyperliquid SOL	+0.0100%	1h	117.02	+0.164%	$706.4M	$396.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.97	+0.115%	$175.3M	$182.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.96	+0.115%	$15.8M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.93	+0.085%	$968.2M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.91	+0.068%	$786.8M	$1.34B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.92	+0.077%	$369.7M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.87	+0.034%	$231K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.95	+0.104%	$929K	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	−0.325%	$133.2M	$20.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.91	+0.068%	$844.6M	$660.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.92	+0.077%	$350.2M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.91	+0.071%	$126.8M	$218.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.89	+0.050%	$480.5M	$441.1M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.95	+0.101%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.96	+0.111%	$23.5M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.77	−0.048%	$24.4M	$114.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.76	−0.064%	$93.7M	$398.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.89	+0.047%	$47.8M	$29.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.60	−0.196%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.81	−0.017%	$1.3M	$12.9M	30x	as long as short
Polymarket Perps SOL-USDshort	+0.0100%	1h	116.83	0.000%	$321K	$2.6M	20x
Bullet SOL-USD	+0.0100%	1h	116.86	+0.030%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.88	+0.042%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.89	+0.052%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.90	+0.060%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.84	+0.008%	$226.7M	$47.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.90	+0.060%	$45.7M	$101.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.87	+0.031%	$8.1M	$36.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.88	+0.039%	—	$230.6M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	−0.231%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.80	−0.026%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0173%	1h	116.95	+0.104%	$26.4M	$25.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.81	−0.016%	$1.1M	$540K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.86	+0.025%	$51.8M	$72.5M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0171%	1h	116.87	+0.038%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.89	+0.051%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0532%	1h	116.68	−0.126%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.99	+0.136%	$1.9M	$4.9M	20x	as long as short