Funding you earn now, next payment 01:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: Nado against Coinbase International+0.035%7-day average −0.018% · 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−$13as in the Price arb table
costs, in and out, $10k−$180.180% of the position
Funding, last 3 days (all we have)−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.035%, 7d avg −0.018%
=Together, before fees−0.004%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.053% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOL-PERP-INTX | 117.58 | 0.0072 | pay 0.0009% / 1h | 19m 52s | $8.0M | $408.7M | 50x |
| Short | Nado SOL-PERP | 117.62 | 0.0100 | get 0.0012% / 1h | 19m 52s | $5.7M | $41.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.88
- Price spread: +0.035% → −0.018%
- $5.3
- Slippage, 4 orders
- −$1.01
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$6.83
- Costs to cover
- 0.180%
- Break-even
- 15.1 days
Slippage from Coinbase International: live order book, 4 min ago; Nado: live order book, 4 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 Coinbase International live order book, 4 min ago | 0.04 bp | 5.1 bp −$5 | 7.9 bp −$79 | 15.6 bp −$1,557 | doesn't fit |
| Sell Nado live order book, 4 min ago | 0.42 bp | 3.9 bp −$4 | 4.3 bp −$43 | 8.9 bp −$885 | 26.5 bp −$13.3K |
SOL on 54 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.76 | +0.157% | $921 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0066% | 1h | 117.57 | −0.011% | — | $607K | 20x | as long as short |
| Derive SOL-PERP | −0.0027% | 1h | 117.51 | −0.060% | $2.0M | $2.8M | 13x | as long as short |
| Hibachi SOL/USDT-P | −0.0008% | 1h | 117.78 | +0.174% | $100K | $691K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.58 | 0.000% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.66 | +0.066% | $4.5M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.59 | +0.006% | $1.4M | $20.8M | 3.1x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.61 | +0.030% | $2.0M | $4.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0030% | 1h | 117.91 | +0.282% | $1.5M | $6.0M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0039% | 1h | 117.60 | +0.019% | $26.4M | $25.5M | 50x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.55 | −0.025% | $31.5M | $98.8M | 100x | as long as short |
| HTX SOL-USDT | +0.0051% | 8h | 117.54 | −0.036% | $228.4M | $45.5M | 75x | as long as short |
| Gate SOL_USDT | +0.0057% | 8h | 117.69 | +0.094% | $852.0M | $663.4M | 100x | as long as short |
| Coinbase International SOL-PERP-INTXlong | +0.0072% | 1h | 117.58 | long leg | $8.0M | $408.7M | 50x | |
| BingX SOL-USDC | +0.0080% | 8h | 117.64 | +0.049% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 117.59 | +0.013% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.69 | +0.090% | $13.1M | $60.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.68 | +0.084% | $2.1M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.62 | +0.035% | $103K | $159K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.56 | −0.019% | $344K | $258K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.64 | +0.049% | $1.0M | $519K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.56 | −0.016% | $64K | $855K | 20x | as long as short |
| Nado SOL-PERPshort | +0.0100% | 1h | 117.62 | +0.035% | $5.7M | $41.5M | 40x | |
| Aster SOLUSDT | +0.0100% | 8h | 117.68 | +0.086% | $176.6M | $179.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.65 | +0.060% | $14.4M | $128.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.68 | +0.086% | $970.0M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.70 | +0.103% | $820.6M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.68 | +0.086% | $365.8M | $1.67B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.61 | +0.026% | $239K | $891K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.61 | +0.027% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.00 | +0.357% | $135.1M | $14.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.71 | +0.111% | $425.9M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.71 | +0.109% | $131.3M | $210.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.66 | +0.072% | $487.1M | $441.5M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.66 | +0.069% | $23.8M | $37.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.74 | +0.140% | $24.4M | $122.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.93 | +0.301% | $94.7M | $404.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.96 | +0.325% | $48.3M | $28.8M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.96 | +0.324% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.58 | +0.001% | $353K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.57 | −0.008% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.58 | +0.005% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.60 | +0.015% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.56 | −0.016% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.56 | −0.016% | $45.8M | $101.4M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 118.11 | +0.452% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.67 | +0.080% | $8.1M | $36.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0106% | 1h | 117.79 | +0.179% | $720.2M | $400.2M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.59 | +0.007% | — | $226.2M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 117.56 | −0.015% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 117.87 | +0.247% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 117.57 | −0.005% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0338% | 1h | 117.86 | +0.238% | $25K | $51K | 20x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.63 | +0.043% | $129K | $3.9M | 8.3x | as long as short |
Coinbase International SOL-PERP-INTX
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
RISEx SOL/USDC
ApeX Omni SOLUSDT
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
HTX SOL-USDT
Gate SOL_USDT
BingX SOL-USDC
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD