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 −0.001%

Price spread now: Nado against Arcus−0.013%7-day average −0.008% · 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−$15as in the Price arb table

costs, in and out, $10k−$140.143% of the position

Long on Arcus Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.001%$0 on $10k

Price spread, last 7 days−0.031%−$3 · spread now −0.013%, 7d avg −0.008%

Together, before fees−0.032%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SOL-USD	116.40	0.0100	pay 0.0013% / 1h	42m 12s	$2.0M	$9.1M	20x
Short	Nado SOL-PERP	116.39	0.0100	get 0.0012% / 1h	42m 12s	$5.4M	$39.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Arcus. 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 ArcusbpFee NadobpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → −0.008%: −$0.42
Slippage, 4 orders: −$2.8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$14.72
Costs to cover: 0.143%
Break-even: never at this rate

Slippage from Arcus: live order book, 2 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 Arcus live order book, 2 min ago	0.04 bp	4.2 bp −$4	6.4 bp −$64	12.9 bp −$1,289	doesn't fit
Sell Nado live order book, 2 min ago	0.43 bp	3.9 bp −$4	3.9 bp −$39	7.4 bp −$736	25.0 bp −$12.5K

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
Vest SOL-PERP	−0.0090%	1h	116.42	+0.018%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.46	+0.052%	$911	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0056%	1h	116.59	+0.161%	$103K	$700K	20x	as long as short
Derive SOL-PERP	−0.0016%	1h	116.34	−0.058%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.43	+0.022%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.49	+0.076%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	0.0000%	1h	116.46	+0.046%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	116.43	+0.023%	$99K	$169K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.41	+0.008%	$7.5M	$403.7M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.42	+0.013%	$31.0M	$100.4M	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	116.43	+0.024%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.42	+0.014%	$13.0M	$59.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.41	+0.006%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.44	+0.031%	$341K	$236K	20x	as long as short
Katana Perps SOL-USD	+0.0098%	8h	116.37	−0.028%	$50K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.52	+0.101%	$987K	$534K	50x	as long as short
Nado SOL-PERPshort	+0.0100%	1h	116.39	−0.013%	$5.4M	$39.5M	40x
Hyperliquid SOL	+0.0100%	1h	116.50	+0.083%	$705.0M	$395.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.42	+0.013%	$175.0M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.54	+0.120%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.45	+0.040%	$963.9M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.40	−0.003%	$784.9M	$1.34B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.42	+0.015%	$366.6M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.43	+0.023%	$232K	$846K	10x	as long as short
Arcus SOL-USDlong	+0.0100%	1h	116.40	long leg	$2.0M	$9.1M	20x
Bulk SOL-USD	+0.0100%	1h	116.65	+0.212%	$133.5M	$20.6M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.40	−0.003%	$844.8M	$656.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.45	+0.040%	$418.0M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.45	+0.040%	$126.1M	$217.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.38	−0.019%	$478.1M	$441.5M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.40	−0.003%	—	$364.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.54	+0.118%	$23.3M	$37.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.49	+0.078%	$24.4M	$114.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.46	+0.052%	$93.5M	$398.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.62	+0.186%	$47.7M	$29.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.67	+0.233%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.60	+0.169%	$1.3M	$13.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.44	+0.032%	$321K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.41	+0.009%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.41	+0.009%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.42	+0.014%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.42	+0.015%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.36	−0.033%	$225.9M	$46.6M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.44	+0.032%	$45.5M	$101.6M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0104%	1h	116.46	+0.053%	$26.2M	$25.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.36	−0.036%	$7.9M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.47	+0.062%	—	$228.5M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	+0.135%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.52	+0.101%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.40	−0.005%	$1.1M	$539K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.56	+0.135%	$51.7M	$72.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.42	+0.014%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.46	+0.050%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0515%	1h	116.62	+0.184%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.47	+0.058%	$1.9M	$4.9M	20x	as long as short