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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against Bulk+0.036%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.036%, 7d avg +0.013%
Together, before fees−0.032%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.023% dearer against Bulk than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SOL-USD116.900.0100pay 0.0013% / 1h53m 25s$134.0M$22.8M20x
ShortNado SOL-PERP116.940.0100get 0.0012% / 1h53m 25s$5.5M$40.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bulk. 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
$0
Price spread: +0.036% → +0.013%
$2.31
Slippage, 4 orders
−$10.23
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$21.92
Costs to cover
0.242%
Break-even
never at this rate
Slippage from Bulk: live order book, 1 min ago; Nado: 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 Bulk live order book, 1 min ago4.28 bp7.8 bp −$87.8 bp −$787.8 bp −$77812.5 bp −$6,245
Sell Nado live order book, 6 min ago0.43 bp3.9 bp −$43.9 bp −$397.8 bp −$77827.0 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
Kraken Futures PF_SOLUSD−0.0193%1h116.76−0.118%$31.1M$100.4M100xas long as short
Hibachi SOL/USDT-P−0.0168%1h116.92+0.021%$103K$698K20xas long as short
Vest SOL-PERP−0.0095%1h116.92+0.014%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.84−0.047%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.04+0.119%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.82−0.066%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0006%1h116.94+0.034%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0030%1h116.72−0.157%$1.9M$2.8M13xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.79−0.097%$7.4M$404.7M50xas long as short
Orderly PERP_SOL_USDC+0.0093%8h117.08+0.153%$1.0M$5.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0095%1h116.82−0.068%$26.3M$23.3M50xas long as short
Lighter SOL+0.0096%1h116.89−0.007%$13.1M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h116.89−0.007%$2.2M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.00+0.086%$99K$174K20xas long as short
Aevo SOL-PERP+0.0096%1h117.07+0.148%$348K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.89−0.008%$50K$882K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.98+0.070%$1.0M$550K50xas long as short
Nado SOL-PERPshort+0.0100%1h116.94+0.036%$5.5M$40.0M40x
Hyperliquid SOL+0.0100%1h117.12+0.188%$707.1M$393.2M20xas long as short
Aster SOLUSDT+0.0100%8h116.98+0.069%$175.2M$182.9M100xas long as short
Pacifica SOL+0.0100%1h116.96+0.055%$15.8M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h117.05+0.129%$976.7M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h116.97+0.063%$775.9M$1.36B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.07+0.146%$368.6M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.77−0.111%$231K$838K10xas long as short
Arcus SOL-USD+0.0100%1h116.97+0.063%$926K$8.8M20xas long as short
Gate SOL_USDT+0.0100%8h116.94+0.034%$848.8M$655.6M100xas long as short
MEXC SOL_USDT+0.0100%8h117.05+0.129%$367.7M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.03+0.113%$129.4M$222.1M75xas long as short
Bitget SOLUSDT+0.0100%8h116.98+0.067%$480.6M$442.3M100xas long as short
BingX SOL-USDC+0.0100%8h116.97+0.064%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.73−0.145%$23.2M$39.1M50xas long as short
Variational Omni SOL+0.0100%8h116.63−0.227%$24.5M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.75−0.124%$93.7M$398.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.61−0.248%$47.7M$30.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.90+0.003%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.86−0.034%$1.3M$12.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.00+0.086%$323K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h117.03+0.113%$149K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.05+0.128%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.81−0.079%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.77−0.111%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.74−0.140%$226.4M$47.9M75xas long as short
Phemex SOLUSDT+0.0100%8h116.79−0.094%$45.7M$102.5M50xas long as short
Bulk SOL-USDlong+0.0100%1h116.90long leg$134.0M$22.8M20x
Extended SOL-USD+0.0104%1h117.02+0.100%$8.3M$37.5M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.72−0.154%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.76−0.124%$231.4M500xas long as short
Phoenix SOL+0.0151%1h117.05+0.129%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0191%1h116.98+0.070%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h116.94+0.034%$52.1M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h117.04+0.118%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.98+0.073%$138K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0533%1h116.84−0.047%$25K$50K20xas long as short
RISEx SOL/USDC+0.0561%1h117.03+0.115%$1.9M$4.8M20xas long as short