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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Nado against Extended+0.158%51s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$140.137% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.004%$0 on $10k
Price spread, last 7 days−0.134%−$13 · spread now +0.158%, 7d avg +0.071%
Together, before fees−0.138%+ Points / potential airdropExtended: Active · Nado: Active · farm board−$14 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 0.087% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.071%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD117.570.0104pay 0.0013% / 1h20m 35s$8.1M$36.2M50x
ShortNado SOL-PERP117.750.0100get 0.0012% / 1h20m 35s$5.7M$41.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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
−$0.84
Price spread: +0.158% → +0.071%
$8.73
Slippage, 4 orders
−$1.7
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$5.81
Costs to cover
0.137%
Break-even
never at this rate
Slippage from Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago0.42 bp2.9 bp −$32.9 bp −$296.3 bp −$626doesn't fit
Sell Nado live order book, 4 min ago0.42 bp3.9 bp −$44.3 bp −$438.9 bp −$88526.5 bp −$13.3K

SOL on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h117.76+0.166%$921$8K25xas long as short
Vest SOL-PERP−0.0067%1h117.75+0.152%$607K20xas long as short
Derive SOL-PERP−0.0027%1h117.66+0.077%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0016%1h118.00+0.365%$101K$691K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.75+0.153%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.66+0.075%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.84+0.231%$1.4M$20.9M3.1xas long as short
Deribit SOL_USDC-PERPETUAL+0.0012%1h117.75+0.153%$26.4M$25.5M50xas long as short
RISEx SOL/USDC+0.0018%1h117.61+0.039%$2.0M$4.7M20xas long as short
ApeX Omni SOLUSDT+0.0030%1h117.91+0.291%$1.5M$6.0M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0049%1h117.72+0.124%$31.6M$98.9M100xas long as short
HTX SOL-USDT+0.0052%8h117.71+0.123%$228.8M$45.5M75xas long as short
Gate SOL_USDT+0.0057%8h117.59+0.018%$851.3M$663.2M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.71+0.123%$8.0M$409.2M50xas long as short
BingX SOL-USDC+0.0080%8h117.58+0.009%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h117.74+0.143%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.61+0.039%$13.1M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h117.60+0.024%$2.1M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.78+0.180%$103K$159K20xas long as short
Aevo SOL-PERP+0.0096%1h117.73+0.135%$345K$258K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.64+0.057%$1.0M$519K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.56−0.008%$64K$855K20xas long as short
Nado SOL-PERPshort+0.0100%1h117.75+0.158%$5.7M$41.5M40x
Aster SOLUSDT+0.0100%8h117.61+0.034%$176.5M$179.7M100xas long as short
Pacifica SOL+0.0100%1h117.65+0.069%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.60+0.027%$969.3M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h117.62+0.044%$820.1M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.60+0.027%$365.5M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.61+0.035%$239K$891K10xas long as short
Arcus SOL-USD+0.0100%1h117.61+0.036%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.00+0.366%$135.1M$14.3M20xas long as short
MEXC SOL_USDT+0.0100%8h117.59+0.018%$425.8M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.64+0.062%$131.3M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.57+0.002%$487.0M$440.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.70+0.112%$23.8M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h117.74+0.148%$24.4M$122.5Mas long as short
edgeX SOLUSDC+0.0100%4h117.93+0.310%$94.7M$404.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.96+0.334%$48.3M$28.8M20xas long as short
StandX SOL-USD+0.0100%1h117.96+0.333%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.76+0.163%$354K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.75+0.158%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.73+0.136%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.76+0.159%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.72+0.129%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.71+0.120%$45.9M$101.4M50xas long as short
Phoenix SOL+0.0101%1h118.11+0.460%$6.5M$13.5M25xas long as short
Hyperliquid SOL+0.0104%1h117.74+0.146%$719.9M$400.1M20xas long as short
Extended SOL-USDlong+0.0104%1h117.57long leg$8.1M$36.2M50x
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.74+0.148%$226.2M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.75+0.155%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87+0.256%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h117.75+0.153%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0336%1h117.91+0.288%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.82+0.215%$129K$3.9M8.3xas long as short