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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:20 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.044%
Price spread now: Nado against Perpl−0.053%7-day average +0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.196%+$20 on $10k
Price spread, last 7 days+0.016%+$2 · spread now −0.053%, 7d avg +0.040%
Together, before fees+0.212%+ Points / potential airdropPerpl: Active · Nado: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.092% cheaper against Perpl than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.040%). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.196% in total) that is about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl SOL119.200get 0.0000% / 43m36m 20s$178K$4.0M8.3x
ShortNado SOL-PERP119.140.0100get 0.0012% / 1h6m 20s$6.3M$42.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Perpl. 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
$21
Price spread: −0.053% → +0.040%
−$9.22
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$9.02
Costs to cover
0.208%
Break-even
10.0 days
Slippage unknown: Perpl: no order-book sample; Nado: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Perpl no order-book sample
Sell Nado live order book, 3 min ago0.42 bp3.9 bp −$45.2 bp −$528.7 bp −$86825.3 bp −$12.6K
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective SOL/USDC PERP−0.0151%1h119.41+0.173%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.16−0.038%$845$8K25xas long as short
Vest SOL-PERP−0.0070%1h119.12−0.067%$724K20xas long as short
Derive SOL-PERP−0.0056%1h119.14−0.054%$2.0M$3.1M13xas long as short
dYdX SOL-USD−0.0007%1h119.19−0.013%$4.9M$27.1M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.17−0.024%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.24+0.027%$1.2M$20.7M3.1xas long as short
Perpl SOLlong0.0000%43m119.20long leg$178K$4.0M8.3x
Deribit SOL_USDC-PERPETUAL0.0000%1h119.24+0.030%$26.7M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0042%1h119.36+0.132%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0056%8h119.19−0.012%$232.2M$44.7M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.17−0.028%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.25+0.041%$120K$633K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.17−0.029%$103K$152K20xas long as short
BingX SOL-USDT+0.0080%8h119.16−0.039%$374.5Mas long as short
Gate SOL_USDT+0.0089%8h119.14−0.054%$870.0M$689.3M100xas long as short
Lighter SOL+0.0096%1h119.18−0.022%$13.6M$55.7M25xas long as short
Lighter RH SOL+0.0096%1h119.15−0.043%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.21+0.009%$354K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.14−0.056%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.18−0.020%$49K$785K20xas long as short
Nado SOL-PERPshort+0.0100%1h119.14−0.053%$6.3M$42.0M40x
Hyperliquid SOL+0.0100%1h119.24+0.030%$719.3M$413.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.16−0.037%$178.8M$176.1M100xas long as short
Pacifica SOL+0.0100%1h119.21+0.001%$12.4M$115.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.14−0.054%$976.4M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h119.17−0.029%$824.0M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.13−0.062%$371.2M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.13−0.062%$233K$874K10xas long as short
Arcus SOL-USD+0.0100%1h119.21+0.005%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.25+0.039%$133.7M$10.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.15−0.045%$448.1M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.16−0.039%$140.2M$198.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.14−0.055%$497.1M$453.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.16−0.037%$24.3M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.41+0.175%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.32+0.094%$95.8M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.29+0.076%$48.8M$33.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.29+0.072%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.30+0.081%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.15−0.045%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.15−0.045%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.17−0.027%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.20+0.001%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.16−0.037%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.20−0.003%$46.6M$101.8M50xas long as short
Extended SOL-USD+0.0104%1h119.13−0.062%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.19−0.008%$8.2M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.18−0.024%$221.8M500xas long as short
Phoenix SOL+0.0154%1h119.34+0.114%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.17−0.030%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.19−0.013%$1.6M$6.0M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.13−0.061%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h119.15−0.045%$52.0M$86.7M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.17−0.026%$35.4M$91.3M100xas long as short