Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Nado−0.010%7-day average −0.020% · 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−$48as in the Price arb table

costs, in and out, $10k−$490.491% of the position

Long on Nado Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.122%−$12 · spread now −0.010%, 7d avg −0.020%

Together, before fees−0.126%+ Points / potential airdropNado: Active · farm board−$13 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	119.50	0.0100	pay 0.0012% / 1h	42m 47s	$6.2M	$41.6M	40x
Short	SunX SOL-USDT	119.49	0.0100	get 0.0100% / 8h	1h 42m	$194K	$1.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → −0.020%: $1.03
Slippage, 4 orders: −$34.08
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$48.05
Costs to cover: 0.491%
Break-even: 4936179767718955.0 days

Slippage from Nado: live order book, 1 min ago; SunX: live order book, 13 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, 1 min ago	0.42 bp	3.9 bp −$4	4.3 bp −$43	9.8 bp −$983	30.2 bp −$15.1K
Sell SunX live order book, 13 min ago	3.26 bp	20.3 bp −$20	33.2 bp −$332	doesn't fit	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
Bluefin SOL-PERP	−0.0525%	1h	119.49	−0.006%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0095%	1h	119.41	−0.076%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.56	+0.049%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.46	−0.037%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0002%	1h	119.68	+0.148%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.50	−0.004%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.58	+0.067%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.55	+0.039%	$182K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0008%	1h	119.50	+0.001%	$120K	$610K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.50	0.000%	$6.6M	$13.6M	25x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SOLUSD	+0.0063%	1h	119.39	−0.094%	$24K	$47K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0066%	8h	119.51	+0.012%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0073%	8h	119.46	−0.034%	$232.7M	$44.5M	75x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.66	+0.132%	—	$10.5M	—	as long as short
01 Exchange SOLUSD	+0.0088%	1h	119.59	+0.075%	$104K	$154K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.62	+0.103%	$13.7M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.69	+0.160%	$2.1M	$16.7M	25x	as long as short
Gate SOL_USDT	+0.0096%	8h	119.68	+0.151%	$872.8M	$678.6M	100x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.47	−0.021%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.61	+0.092%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.51	+0.008%	$46K	$789K	20x	as long as short
Nado SOL-PERPlong	+0.0100%	1h	119.50	long leg	$6.2M	$41.6M	40x
Hyperliquid SOL	+0.0100%	1h	119.79	+0.246%	$722.0M	$415.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.69	+0.158%	$179.2M	$175.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.66	+0.138%	$12.4M	$116.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.66	+0.134%	$986.2M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.68	+0.152%	$827.7M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.64	+0.117%	$373.1M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.58	+0.067%	$234K	$887K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.72	+0.184%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.15	−0.291%	$133.6M	$9.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.66	+0.134%	$456.2M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.61	+0.096%	$141.1M	$199.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.65	+0.129%	$496.5M	$454.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.57	+0.059%	$24.2M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.38	−0.097%	$27.7M	$127.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.46	−0.035%	$95.9M	$398.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.44	−0.052%	$48.9M	$32.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.49	−0.008%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.48	−0.017%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.53	+0.025%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.47	−0.021%	$200K	$1.7M	20x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	119.49	−0.010%	$194K	$1.9M	30x
SoDEX SOL-USD	+0.0100%	1h	119.50	0.000%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.54	+0.033%	$46.7M	$101.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.68	+0.148%	$8.7M	$36.5M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.56	+0.047%	$8.2M	$415.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.51	+0.006%	—	$221.8M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0149%	1h	119.51	+0.011%	$32.7M	$95.0M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0151%	1h	119.57	+0.056%	$26.8M	$27.6M	50x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0089%	1h	119.49	−0.012%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.51	+0.006%	$1.1M	$558K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.59	+0.076%	$1.7M	$5.9M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.310%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.52	+0.017%	$52.1M	$82.5M	125x	as long as short