Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against SunX+0.007%7-day average +0.015% · 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−$51as in the Price arb table

costs, in and out, $10k−$500.500% of the position

Long on SunX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.005%+$1 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.007%, 7d avg +0.015%

Together, before fees+0.058%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOL-USDT	116.07	0.0100	pay 0.0100% / 8h	22m 13s	$189K	$1.7M	30x
Short	Nado SOL-PERP	116.08	0.0100	get 0.0012% / 1h	22m 13s	$5.4M	$41.6M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against SunX. 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 SunXbpFee NadobpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → +0.015%: −$0.75
Slippage, 4 orders: −$34.97
Fee SunX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$50.72
Costs to cover: 0.500%
Break-even: never at this rate

Slippage from SunX: live order book, 3 min ago; Nado: live order book, 2 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 SunX live order book, 3 min ago	3.37 bp	22.4 bp −$22	51.9 bp −$519	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	0.43 bp	3.9 bp −$4	4.1 bp −$41	8.5 bp −$851	29.1 bp −$14.5K

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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.10	+0.021%	$32.4M	$107.0M	100x	as long as short
Hibachi SOL/USDT-P	−0.0112%	1h	116.07	+0.001%	$100K	$674K	20x	as long as short
Bybit SOLUSDT	−0.0106%	8h	116.04	−0.025%	$733.1M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.16	+0.075%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0075%	1h	116.00	−0.062%	$1.8M	$3.0M	13x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.36	+0.249%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0049%	1h	116.06	−0.011%	—	$756K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.10	+0.025%	$42K	—	150x	as long as short
Variational Omni SOL	0.0000%	8h	116.07	+0.003%	$24.8M	$107.5M	—	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.10	+0.025%	$1.4M	$19.4M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	116.11	+0.037%	$99K	$3.5M	8.3x	as long as short
dYdX SOL-USD	+0.0005%	1h	116.10	+0.025%	$4.3M	$23.5M	20x	as long as short
Bitget SOLUSDT	+0.0022%	8h	116.02	−0.042%	$478.7M	$456.3M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0044%	1h	116.13	+0.049%	$26.3M	$21.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.10	+0.023%	$7.8M	$399.0M	50x	as long as short
Aster SOLUSDT	+0.0049%	8h	116.05	−0.018%	$177.0M	$168.6M	100x	as long as short
SoDEX SOL-USD	+0.0051%	1h	116.07	0.000%	$6.1M	$11.0M	20x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	116.13	+0.051%	$100K	$181K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0070%	8h	116.07	+0.001%	$1.0M	$5.9M	100x	as long as short
Lighter RH SOL	+0.0072%	1h	116.04	−0.027%	$2.1M	$16.8M	25x	as long as short
Paradex SOL-USD-PERP	+0.0094%	8h	116.12	+0.046%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.05	−0.018%	$13.1M	$60.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.07	+0.002%	$350K	$257K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.07	0.000%	$64K	$912K	20x	as long as short
Nado SOL-PERPshort	+0.0100%	1h	116.08	+0.007%	$5.4M	$41.6M	40x
Hyperliquid SOL	+0.0100%	1h	116.15	+0.066%	$695.5M	$408.1M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.15	+0.070%	$15.6M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.05	−0.017%	$959.4M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.06	−0.009%	$365.7M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.03	−0.035%	$217K	$842K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.11	+0.035%	$922K	$8.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.07	0.000%	$842.3M	$667.6M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.07	0.000%	$371.0M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.08	+0.011%	$129.2M	$236.1M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.02	−0.041%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.05	−0.018%	$22.8M	$35.6M	50x	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.10	+0.022%	$93.2M	$405.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.07	0.000%	$47.5M	$28.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.14	+0.056%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.06	−0.009%	$1.3M	$11.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.08	+0.008%	$314K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.10	+0.027%	$283K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.08	+0.012%	$26K	$36K	25x	as long as short
SunX SOL-USDTlong	+0.0100%	8h	116.07	long leg	$189K	$1.7M	30x
HTX SOL-USDT	+0.0100%	8h	116.04	−0.030%	$224.7M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.09	+0.017%	$45.1M	$104.3M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.35	+0.241%	$125.8M	$26.4M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.03	−0.034%	$8.2M	$37.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.10	+0.021%	—	$236.1M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.20	+0.112%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.06	−0.007%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.04	−0.026%	$52.1M	$65.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.10	+0.022%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0465%	1h	116.18	+0.098%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.17	+0.085%	$2.1M	$4.8M	20x	as long as short