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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0061%/8h= −6.7% APRnext payment $0.08 per $10,000 · paid last 24h −0.042%
Price spread now: Nado against RISEx−0.069%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$170.168% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.080%−$8 on $10k
Price spread, last 7 days+0.074%+$7 · spread now −0.069%, 7d avg +0.023%
Together, before fees−0.007%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.092% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC118.700.0161pay 0.0020% / 1h2m 50s$1.8M$4.5M20x
ShortNado SOL-PERP118.620.0100get 0.0012% / 1h2m 50s$6.1M$40.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against RISEx. 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
−$12.82
Price spread: −0.069% → +0.023%
−$9.15
Slippage, 4 orders
−$3.78
Fee RISEx: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$38.74
Costs to cover
0.168%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; Nado: live order book, 1 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 RISEx live order book, 1 min ago0.04 bp4.7 bp −$59.7 bp −$97doesn't fitdoesn't fit
Sell Nado live order book, 1 min ago0.42 bp3.9 bp −$44.1 bp −$419.3 bp −$93027.0 bp −$13.5K

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%1h118.70+0.002%$928$8K25xas long as short
Vest SOL-PERP−0.0078%1h118.68−0.015%$608K20xas long as short
Derive SOL-PERP−0.0063%1h118.43−0.230%$2.0M$2.7M13xas long as short
HTX SOL-USDT−0.0063%8h118.36−0.282%$230.5M$43.8M75xas long as short
Hibachi SOL/USDT-P−0.0056%1h119.13+0.367%$106K$673K20xas long as short
dYdX SOL-USD−0.0016%1h118.70+0.002%$4.8M$25.5M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.44−0.218%$32.0M$97.3M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.52−0.148%$54K150xas long as short
Gate SOL_USDT0.0000%8h118.57−0.108%$851.3M$674.9M100xas long as short
Kalshi KXSOLPERP0.0000%8h118.91+0.178%$1.2M$20.0M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m118.66−0.034%$124K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h118.52−0.153%$26.6M$24.9M50xas long as short
01 Exchange SOLUSD+0.0040%1h118.71+0.010%$103K$161K20xas long as short
ApeX Omni SOLUSDT+0.0079%1h119.02+0.272%$1.5M$6.1M50xas long as short
BingX SOL-USDT+0.0080%8h118.56−0.116%$366.7Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h118.51−0.158%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.44−0.215%$8.1M$407.8M50xas long as short
Lighter SOL+0.0096%1h118.45−0.208%$13.3M$57.9M25xas long as short
Lighter RH SOL+0.0096%1h118.41−0.242%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h118.49−0.174%$347K$254K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.70+0.002%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.75+0.044%$44K$797K20xas long as short
Nado SOL-PERPshort+0.0100%1h118.62−0.069%$6.1M$40.7M40x
Hyperliquid SOL+0.0100%1h118.61−0.074%$726.1M$395.2M20xas long as short
Aster SOLUSDT+0.0100%8h118.55−0.125%$179.3M$177.2M100xas long as short
Pacifica SOL+0.0100%1h118.73+0.027%$12.2M$125.6M20xas long as short
Binance SOLUSDT+0.0100%8h118.54−0.137%$976.8M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.56−0.121%$825.7M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.48−0.184%$370.9M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.68−0.015%$233K$827K10xas long as short
Arcus SOL-USD+0.0100%1h118.700.000%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.59−0.091%$428.8M$1.14B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.58−0.095%$138.2M$203.9M75xas long as short
Bitget SOLUSDT+0.0100%8h118.46−0.204%$490.9M$439.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.47−0.192%$23.9M$36.6M50xas long as short
Variational Omni SOL+0.0100%8h119.00+0.257%$24.9M$130.0Mas long as short
edgeX SOLUSDC+0.0100%4h119.17+0.400%$95.7M$401.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.04+0.286%$48.7M$29.5M20xas long as short
StandX SOL-USD+0.0100%1h119.09+0.330%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.61−0.074%$354K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.54−0.132%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.52−0.152%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.49−0.174%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.48−0.184%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.44−0.217%$46.3M$99.7M50xas long as short
Bulk SOL-USD+0.0100%1h119.24+0.452%$137.6M$12.7M20xas long as short
Extended SOL-USD+0.0104%1h118.46−0.198%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.25+0.465%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.95+0.208%$225.1M500xas long as short
RISEx SOL/USDClong+0.0161%1h118.70long leg$1.8M$4.5M20x
Injective SOL/USDC PERP+0.0173%1h119.50+0.676%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h118.57−0.111%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.42−0.234%$51.9M$73.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h118.53−0.139%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0239%1h119.10+0.340%$25K$51K20xas long as short