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: StandX against Nado−0.020%7-day average +0.002% · 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−$27as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on Nado Short on StandX

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+0.027%+$3 · spread now −0.020%, 7d avg +0.002%

Together, before fees+0.027%+ Points / potential airdropNado: Active · StandX: Active · farm board+$3 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: StandX is 0.022% cheaper against Nado than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SOL-PERP	116.60	0.0100	pay 0.0012% / 1h	16m 18s	$5.4M	$39.8M	40x
Short	StandX SOL-USD	116.58	0.0100	get 0.0013% / 1h	16m 18s	$1.3M	$12.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $0
Price spread: −0.020% → +0.002%: −$2.17
Slippage, 4 orders: −$10.26
Fee Nado: 3.5 bp × 2 orders: −$7
Fee StandX: 4 bp × 2 orders: −$8
Net: −$27.44
Costs to cover: 0.253%
Break-even: 2818687303782824.0 days

Slippage from Nado: live order book, 3 min ago; StandX: live order book, 3 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, 3 min ago	0.43 bp	3.9 bp −$4	3.9 bp −$39	8.9 bp −$885	28.5 bp −$14.2K
Sell StandX live order book, 3 min ago	4.29 bp	9.1 bp −$9	10.3 bp −$103	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
Hibachi SOL/USDT-P	−0.0144%	1h	116.69	+0.074%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.58	−0.018%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.64	+0.035%	$912	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.61	+0.005%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.64	+0.035%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.67	+0.056%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0031%	1h	116.54	−0.052%	$1.9M	$2.9M	13x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.65	+0.040%	$99K	$172K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.62	+0.011%	$7.4M	$404.5M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.61	+0.009%	$31.0M	$100.0M	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	116.62	+0.014%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.60	+0.001%	$13.0M	$60.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.58	−0.016%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.60	−0.003%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.57	−0.029%	$51K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.68	+0.065%	$1.0M	$549K	50x	as long as short
Nado SOL-PERPlong	+0.0100%	1h	116.60	long leg	$5.4M	$39.8M	40x
Hyperliquid SOL	+0.0100%	1h	116.72	+0.100%	$704.7M	$395.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.61	+0.010%	$174.8M	$182.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.66	+0.045%	$15.7M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.60	−0.003%	$969.7M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.55	−0.046%	$782.1M	$1.35B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.62	+0.014%	$369.1M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.53	−0.063%	$231K	$845K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.65	+0.037%	$926K	$9.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.58	−0.020%	$841.3M	$663.8M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.60	−0.003%	$384.4M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.62	+0.012%	$128.5M	$219.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.57	−0.031%	$478.9M	$441.2M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.60	−0.005%	—	$365.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.68	+0.066%	$23.4M	$38.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.50	−0.086%	$24.4M	$113.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.57	−0.028%	$93.6M	$398.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.54	−0.053%	$47.6M	$30.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.64	+0.031%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USDshort	+0.0100%	1h	116.58	−0.020%	$1.3M	$12.9M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	116.61	+0.006%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.58	−0.018%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.58	−0.020%	$25K	$30K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.62	+0.016%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.61	+0.006%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.55	−0.045%	$226.2M	$47.2M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.63	+0.023%	$45.7M	$102.2M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.70	+0.083%	$133.2M	$21.0M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.56	−0.041%	$8.2M	$37.2M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0105%	1h	116.66	+0.046%	$26.3M	$24.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.64	+0.027%	—	$231.1M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.73	+0.109%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.63	+0.023%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.59	−0.011%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.70	+0.083%	$52.1M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.60	0.000%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.66	+0.045%	$139K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0530%	1h	116.67	+0.061%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.71	+0.087%	$1.9M	$4.9M	20x	as long as short