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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against Bybit+0.063%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$200.197% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.011%+$1 on $10k
Price spread, last 7 days−0.061%−$6 · spread now +0.063%, 7d avg +0.019%
Together, before fees−0.050%+ Points / potential airdropNado: Active · farm board−$5 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 0.044% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT119.290.0100pay 0.0100% / 8h1h 20m$825.0M$1.28B100x
ShortNado SOL-PERP119.360.0100get 0.0012% / 1h20m 57s$6.2M$41.6M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bybit. 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: +0.063% → +0.019%
$4.41
Slippage, 4 orders
−$1.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$15.26
Costs to cover
0.197%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Nado: live order book, 3 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 Bybit live order book, 3 min ago0.42 bp5.9 bp −$66.3 bp −$639.1 bp −$90718.0 bp −$9,009
Sell Nado live order book, 3 min ago0.42 bp3.9 bp −$44.5 bp −$458.3 bp −$83426.7 bp −$13.3K

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
Bluefin SOL-PERP−0.0446%1h119.36+0.062%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.28−0.012%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.45+0.132%$847$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.31+0.016%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.43+0.114%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.37+0.065%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.48+0.163%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.37+0.065%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.36+0.062%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.059%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0067%8h119.37+0.067%$1.1M$5.9M100xas long as short
Aftermath Perps SOLUSD+0.0069%1h119.33+0.034%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0078%1h119.42+0.106%$26.7M$27.7M50xas long as short
01 Exchange SOLUSD+0.0080%1h119.39+0.084%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h119.32+0.026%$10.5Mas long as short
HTX SOL-USDT+0.0083%8h119.38+0.079%$232.4M$45.0M75xas long as short
Gate SOL_USDT+0.0089%8h119.34+0.042%$871.5M$685.0M100xas long as short
Lighter SOL+0.0096%1h119.36+0.059%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.34+0.045%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.34+0.044%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.34+0.045%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.36+0.059%$47K$796K20xas long as short
Nado SOL-PERPshort+0.0100%1h119.36+0.063%$6.2M$41.6M40x
Hyperliquid SOL+0.0100%1h119.37+0.067%$719.1M$417.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.29+0.001%$178.6M$176.9M100xas long as short
Pacifica SOL+0.0100%1h119.45+0.132%$12.4M$117.8M20xas long as short
Binance SOLUSDT+0.0100%8h119.28−0.008%$985.4M$3.81B100xas long as short
Bybit SOLUSDTlong+0.0100%8h119.29long leg$825.0M$1.28B100x
OKX SOL-USDT-SWAP+0.0100%8h119.26−0.025%$371.4M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.38+0.075%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.45+0.136%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.16−0.112%$133.7M$8.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.27−0.017%$458.3M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29−0.003%$140.3M$202.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.26−0.022%$495.6M$455.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.30+0.008%$24.1M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.27−0.017%$27.9M$128.0Mas long as short
edgeX SOLUSDC+0.0100%4h119.14−0.122%$95.7M$400.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.37+0.067%$48.9M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.24−0.042%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.36+0.059%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.34+0.042%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.35+0.054%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.36+0.057%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.36+0.059%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.36+0.059%$46.6M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.25−0.036%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.39+0.083%$8.1M$416.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.42+0.113%$223.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.36+0.063%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0068%1h119.37+0.064%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.32+0.028%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.45+0.131%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.075%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.33+0.034%$52.2M$82.9M125xas long as short