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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: 01 Exchange against Nado+0.048%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)−1.078%−$108 · spread now +0.048%, 7d avg −0.010%
Together, before fees−1.059%+ Points / potential airdropNado: Active · farm board−$106 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and 01 Exchange is 0.058% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SOL-PERP115.730.0100pay 0.0012% / 1h27m 48s$5.4M$41.2M40x
Short01 Exchange SOLUSD115.790.0112get 0.0014% / 1h27m 48s$99K$184K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
$2.52
Price spread: +0.048% → −0.010%
$5.77
Slippage, 4 orders
−$12.65
Fee Nado: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$18.37
Costs to cover
0.267%
Break-even
58.0 days
Slippage from Nado: live order book, 1 min ago; 01 Exchange: live order book, 6 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 Nado live order book, 1 min ago0.43 bp3.9 bp −$44.4 bp −$449.5 bp −$95034.0 bp −$17.0K
Sell 01 Exchange live order book, 6 min ago0.86 bp10.9 bp −$1118.6 bp −$186doesn't fitdoesn'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
Hotstuff SOL-PERP−0.0080%1h116.12+0.333%$1K$8K25xas long as short
Derive SOL-PERP−0.0065%1h115.82+0.078%$1.8M$2.9M13xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h115.98+0.213%$32.2M$105.1M100xas long as short
Bybit SOLUSDT−0.0021%8h115.97+0.204%$727.6M$1.39B100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.84+0.091%$42K150xas long as short
dYdX SOL-USD0.0000%1h115.87+0.117%$4.3M$22.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h115.87+0.113%$1.4M$19.3M3.1xas long as short
Perpl SOL0.0000%43m115.94+0.176%$102K$3.4M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h115.99+0.223%$26.1M$21.2M50xas long as short
Vest SOL-PERP+0.0004%1h115.83+0.084%$641K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOLUSDT+0.0023%8h115.96+0.196%$478.9M$446.1M100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h115.95+0.190%$7.7M$389.0M50xas long as short
Aster SOLUSDT+0.0050%8h115.99+0.220%$176.0M$169.5M100xas long as short
Orderly PERP_SOL_USDC+0.0066%8h115.91+0.147%$1.0M$5.7M100xas long as short
SoDEX SOL-USD+0.0074%1h115.91+0.151%$6.0M$11.1M20xas long as short
Gate SOL_USDT+0.0083%8h116.02+0.246%$843.7M$614.3M100xas long as short
Lighter SOL+0.0096%1h115.94+0.177%$13.0M$56.2M25xas long as short
Lighter RH SOL+0.0096%1h115.95+0.187%$2.1M$14.9M25xas long as short
Aevo SOL-PERP+0.0096%1h115.91+0.155%$350K$248K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h115.83+0.080%$1.0M$553K50xas long as short
Katana Perps SOL-USD+0.0100%8h115.75+0.013%$58K$906K20xas long as short
Nado SOL-PERPlong+0.0100%1h115.73long leg$5.4M$41.2M40x
Hyperliquid SOL+0.0100%1h116.12+0.333%$697.2M$408.5M20xas long as short
Pacifica SOL+0.0100%1h115.86+0.104%$15.6M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h115.99+0.216%$956.4M$3.81B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h115.97+0.203%$364.9M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.77+0.030%$217K$840K10xas long as short
Arcus SOL-USD+0.0100%1h115.79+0.048%$944K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h116.02+0.246%$384.1M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.00+0.228%$129.2M$237.2M75xas long as short
BingX SOL-USDC+0.0100%8h115.96+0.198%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.03+0.255%$22.8M$36.5M50xas long as short
Variational Omni SOL+0.0100%8h115.94+0.174%$24.8M$104.4Mas long as short
edgeX SOLUSDC+0.0100%4h115.95+0.186%$93.1M$405.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.95+0.189%$47.4M$27.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.01+0.238%$1.1M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h115.93+0.168%$1.3M$10.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h115.86+0.108%$317K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h115.84+0.087%$280K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h115.82+0.075%$188K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h115.92+0.157%$224.4M$50.6M75xas long as short
Phemex SOLUSDT+0.0100%8h116.00+0.229%$45.1M$102.8M50xas long as short
Bulk SOL-USD+0.0100%1h115.76+0.018%$125.0M$25.2M20xas long as short
Extended SOL-USD+0.0104%1h115.97+0.202%$8.1M$35.7M50xas long as short
01 Exchange SOLUSDshort+0.0112%1h115.79+0.048%$99K$184K20x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h115.87+0.115%$229.9M500xas long as short
Phoenix SOL+0.0124%1h116.01+0.238%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0144%1h115.94+0.179%$102K$676K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.523%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h115.81+0.063%$1.1M$543K25xas long as short
BloFin SOL-USDT+0.0220%8h115.93+0.168%$52.1M$62.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h115.84+0.092%$3.5M200xas long as short
Bluefin SOL-PERP+0.0370%1h115.86+0.107%$27K$36K25xas long as short
Aftermath Perps SOLUSD+0.0409%1h116.06+0.279%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h115.81+0.068%$2.1M$4.8M20xas long as short