SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Nado against Kraken Futures+0.037%7-day average +0.003% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$230.235% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.069%+$7 · spread now +0.037%, 7d avg +0.003%

Together, before fees+0.067%+ Points / potential airdropNado: Active · farm board+$7 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 0.033% dearer against Kraken Futures than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOLUSD	119.58	0.0105	pay 0.0013% / 1h	44m 59s	$32.7M	$97.0M	100x
Short	Nado SOL-PERP	119.63	0.0100	get 0.0012% / 1h	44m 59s	$6.1M	$40.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Kraken Futures. 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 Kraken FuturesbpFee NadobpOrdersPrice spread, now +0.037%Rate

Funding earned: −$0.97
Price spread: +0.037% → +0.003%: $3.35
Slippage, 4 orders: −$6.49
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$21.12
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Nado: 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 Kraken Futures live order book, 4 min ago	0.42 bp	8.8 bp −$9	10.1 bp −$101	13.8 bp −$1,384	28.4 bp −$14.2K
Sell Nado live order book, 4 min ago	0.42 bp	3.9 bp −$4	3.9 bp −$39	8.9 bp −$892	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
Hotstuff SOL-PERP	−0.0080%	1h	119.60	+0.013%	$848	$8K	25x	as long as short
Derive SOL-PERP	−0.0073%	1h	119.49	−0.078%	$2.0M	$2.8M	13x	as long as short
Vest SOL-PERP	−0.0066%	1h	119.56	−0.021%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0008%	1h	119.67	+0.078%	$5.3M	$27.6M	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.57	−0.009%	$113K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.60	+0.017%	$1.3M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.62	+0.029%	$177K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0026%	1h	119.62	+0.029%	$26.7M	$26.0M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0071%	8h	119.57	−0.007%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.64	+0.049%	$104K	$158K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SOL-USDT	+0.0080%	8h	119.54	−0.035%	—	$372.0M	—	as long as short
ApeX Omni SOLUSDT	+0.0085%	1h	119.44	−0.118%	$1.5M	$6.2M	50x	as long as short
Gate SOL_USDT	+0.0091%	8h	119.53	−0.043%	$869.0M	$675.6M	100x	as long as short
HTX SOL-USDT	+0.0091%	8h	119.55	−0.022%	$232.7M	$45.0M	75x	as long as short
Aftermath Perps SOLUSD	+0.0093%	1h	119.60	+0.017%	$24K	$47K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.57	−0.009%	$13.7M	$55.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.55	−0.028%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.55	−0.022%	$354K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.60	+0.017%	$8.2M	$419.1M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.61	+0.021%	$1.1M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.58	−0.001%	$45K	$797K	20x	as long as short
Nado SOL-PERPshort	+0.0100%	1h	119.63	+0.037%	$6.1M	$40.5M	40x
Hyperliquid SOL	+0.0100%	1h	119.64	+0.049%	$724.3M	$412.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.57	−0.012%	$179.1M	$175.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.65	+0.056%	$12.4M	$120.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.53	−0.045%	$986.4M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.55	−0.026%	$831.3M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.50	−0.068%	$373.4M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.48	−0.084%	$234K	$873K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.64	+0.050%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.65	+0.058%	$134.3M	$6.6M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.52	−0.051%	$450.5M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.54	−0.038%	$139.7M	$204.3M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.51	−0.059%	$497.6M	$456.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.58	−0.001%	$24.4M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.65	+0.058%	$27.4M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.54	−0.032%	$96.0M	$402.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.52	−0.052%	$48.9M	$31.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.51	−0.059%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.60	+0.016%	$370K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.56	−0.014%	$203K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.58	−0.003%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.56	−0.015%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.57	−0.009%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.55	−0.026%	$46.7M	$102.7M	50x	as long as short
Phoenix SOL	+0.0100%	1h	119.70	+0.100%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	119.50	−0.069%	$8.7M	$35.9M	50x	as long as short
Kraken Futures PF_SOLUSDlong	+0.0105%	1h	119.58	long leg	$32.7M	$97.0M	100x
Hibachi SOL/USDT-P	+0.0112%	1h	119.69	+0.094%	$122K	$641K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.57	−0.007%	—	$224.6M	500x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.60	+0.016%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.57	−0.008%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.57	−0.009%	$52.1M	$84.5M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.65	+0.054%	$1.7M	$5.2M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0241% / S −0.0181%	1h	119.57	−0.008%	$3.8M	—	200x	as long as short