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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Nado against Coinbase International−0.036%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.182% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.036%, 7d avg −0.017%
Together, before fees+0.072%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX116.610.0048pay 0.0006% / 1h2m 57s$8.0M$402.4M50x
ShortNado SOL-PERP116.570.0100get 0.0012% / 1h2m 57s$5.3M$41.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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
$10.92
Price spread: −0.036% → −0.017%
−$1.89
Slippage, 4 orders
−$1.17
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$9.14
Costs to cover
0.182%
Break-even
12.9 days
Slippage from Coinbase International: live order book, 1 min ago; Nado: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 1 min ago0.04 bp5.1 bp −$57.9 bp −$7914.8 bp −$1,478doesn't fit
Sell Nado live order book, 1 min ago0.43 bp3.9 bp −$43.9 bp −$398.2 bp −$822doesn't fit

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
Hibachi SOL/USDT-P−0.0208%1h116.60−0.013%$97K$678K20xas long as short
Bybit SOLUSDT−0.0113%8h116.49−0.103%$737.7M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.56−0.039%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.61−0.001%$32.3M$106.1M100xas long as short
Derive SOL-PERP−0.0068%1h116.51−0.089%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0047%1h116.55−0.056%$633K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.61−0.004%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.63+0.016%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.59−0.015%$106K$3.5M8.3xas long as short
dYdX SOL-USD+0.0016%1h116.64+0.022%$4.3M$23.6M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOLUSDT+0.0036%8h116.50−0.095%$480.4M$459.2M100xas long as short
01 Exchange SOLUSD+0.0048%1h116.61−0.001%$99K$177K20xas long as short
Coinbase International SOL-PERP-INTXlong+0.0048%1h116.61long leg$8.0M$402.4M50x
Lighter RH SOL+0.0056%1h116.57−0.039%$2.2M$17.0M25xas long as short
SoDEX SOL-USD+0.0070%1h116.56−0.044%$6.1M$11.0M20xas long as short
Aster SOLUSDT+0.0073%8h116.52−0.081%$176.5M$169.4M100xas long as short
Orderly PERP_SOL_USDC+0.0082%8h116.56−0.047%$1.0M$5.9M100xas long as short
Paradex SOL-USD-PERP+0.0093%8h116.56−0.046%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.57−0.035%$13.1M$61.2M25xas long as short
Aevo SOL-PERP+0.0096%1h116.55−0.056%$353K$254K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.57−0.035%$66K$910K20xas long as short
Nado SOL-PERPshort+0.0100%1h116.57−0.036%$5.3M$41.5M40x
Hyperliquid SOL+0.0100%1h116.66+0.044%$701.2M$408.5M20xas long as short
Pacifica SOL+0.0100%1h116.62+0.008%$15.7M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h116.51−0.087%$965.6M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.52−0.078%$367.4M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.57−0.035%$217K$825K10xas long as short
Arcus SOL-USD+0.0100%1h116.59−0.017%$899K$8.7M20xas long as short
Bulk SOL-USD+0.0100%1h116.55−0.052%$125.4M$26.0M20xas long as short
Gate SOL_USDT+0.0100%8h116.57−0.035%$849.5M$676.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.56−0.044%$369.7M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.57−0.036%$133.0M$233.0M75xas long as short
BingX SOL-USDT+0.0100%8h116.53−0.067%$372.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.56−0.044%$23.0M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h116.69+0.072%$25.1M$110.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.63+0.019%$93.6M$408.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.62+0.011%$47.7M$29.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.66+0.040%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.63+0.016%$1.3M$11.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.55−0.052%$312K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.55−0.049%$241K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.58−0.030%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.57−0.035%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.57−0.036%$225.7M$50.4M75xas long as short
Phemex SOLUSDT+0.0100%8h116.57−0.035%$45.4M$104.9M50xas long as short
Extended SOL-USD+0.0104%1h116.47−0.117%$8.0M$38.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.60−0.009%$233.7M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0133%1h116.64+0.027%$26.4M$21.7M50xas long as short
Injective SOL/USDC PERP+0.0176%1h116.62+0.008%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.73+0.102%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0195%1h116.52−0.077%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.53−0.069%$52.1M$66.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.56−0.043%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.65+0.033%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0488%1h116.65+0.035%$25K$57K20xas long as short