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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against edgeX−0.136%62s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.212% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.017%+$2 on $10k
Price spread, last 7 days+0.150%+$15 · spread now −0.136%, 7d avg +0.040%
Together, before fees+0.167%+ Points / potential airdropedgeX: Active · Nado: Active · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.176% cheaper against edgeX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.040%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOLUSDC116.190.0100pay 0.0050% / 4h3h 31m$93.3M$404.6M75x
ShortNado SOL-PERP116.030.0100get 0.0012% / 1h31m 53s$5.4M$41.3M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against edgeX. 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
$0
Price spread: −0.136% → +0.040%
−$17.62
Slippage, 4 orders
−$5.17
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$38.79
Costs to cover
0.212%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; Nado: live order book, 2 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 edgeX live order book, 2 min ago2.15 bp6.7 bp −$76.7 bp −$676.8 bp −$6789.5 bp −$4,743
Sell Nado live order book, 2 min ago0.43 bp3.9 bp −$43.9 bp −$397.9 bp −$78828.0 bp −$14.0K

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%1h116.17−0.020%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.00−0.165%$32.2M$105.2M100xas long as short
Bybit SOLUSDT−0.0003%8h115.96−0.197%$728.0M$1.39B100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.99−0.170%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.05−0.118%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.06−0.114%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.01−0.152%$102K$3.4M8.3xas long as short
Vest SOL-PERP+0.0003%1h115.98−0.176%$636K20xas long as short
Derive SOL-PERP+0.0007%1h116.15−0.033%$1.8M$2.9M13xas long as short
Bitget SOLUSDT+0.0024%8h115.97−0.191%$478.3M$446.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h115.99−0.167%$7.7M$390.1M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0043%1h116.03−0.135%$26.1M$21.4M50xas long as short
Aster SOLUSDT+0.0052%8h115.97−0.192%$176.0M$169.5M100xas long as short
Orderly PERP_SOL_USDC+0.0067%8h115.98−0.179%$1.0M$5.8M100xas long as short
SoDEX SOL-USD+0.0077%1h115.96−0.197%$6.1M$11.0M20xas long as short
Gate SOL_USDT+0.0089%8h115.96−0.197%$844.2M$613.0M100xas long as short
Lighter SOL+0.0096%1h115.97−0.189%$13.0M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h115.96−0.199%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.00−0.165%$350K$249K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.04−0.126%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h115.98−0.179%$58K$906K20xas long as short
Nado SOL-PERPshort+0.0100%1h116.03−0.136%$5.4M$41.3M40x
Hyperliquid SOL+0.0100%1h116.08−0.093%$693.2M$405.0M20xas long as short
Pacifica SOL+0.0100%1h116.07−0.100%$15.6M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h115.98−0.179%$958.6M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.00−0.162%$365.7M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.07−0.102%$217K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.02−0.146%$948K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h115.96−0.197%$372.7M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.98−0.181%$129.3M$237.5M75xas long as short
BingX SOL-USDC+0.0100%8h115.93−0.222%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.98−0.179%$22.8M$36.3M50xas long as short
Variational Omni SOL+0.0100%8h116.19−0.002%$24.8M$104.7Mas long as short
edgeX SOLUSDClong+0.0100%4h116.19long leg$93.3M$404.6M75x
GRVT SOL_USDT_Perp+0.0100%8h116.20+0.009%$47.5M$28.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.33+0.118%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.09−0.085%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.00−0.162%$317K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h115.97−0.185%$282K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h115.98−0.178%$188K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h115.92−0.231%$224.4M$50.6M75xas long as short
Phemex SOLUSDT+0.0100%8h115.99−0.171%$45.1M$103.0M50xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.051%$125.8M$25.7M20xas long as short
Extended SOL-USD+0.0104%1h115.92−0.229%$8.3M$35.4M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.05−0.119%$101K$183K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.06−0.112%$230.4M500xas long as short
Phoenix SOL+0.0124%1h116.12−0.059%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0136%1h116.23+0.035%$101K$682K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.130%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h115.94−0.217%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.02−0.145%$51.9M$63.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h115.98−0.176%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0407%1h116.21+0.021%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.04−0.128%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0507%1h116.00−0.166%$27K$36K25xas long as short