SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.17 per $10,000 · paid last 24h −0.027%

Price spread now: Nado against GMX+0.085%7-day average −0.038% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.119%−$12 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.085%, 7d avg −0.038%

Together, before fees−0.130%+ Points / potential airdropNado: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.122% dearer against GMX than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of −0.038%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SOL/USD [SOL-USDC]	117.86	L +0.0232% / S −0.0170%	pay 0.0029% / 1h	10m 14s	$3.6M	—	200x
Short	Nado SOL-PERP	117.95	0.0100	get 0.0012% / 1h	10m 14s	$5.8M	$38.8M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against GMX. 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 GMXbpFee NadobpOrdersPrice spread, now +0.085%Rate

Funding earned: −$27.75
Price spread: +0.085% → −0.038%: $12.25
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$34.5
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Nado: live order book, 4 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Nado live order book, 4 min ago	0.42 bp	3.9 bp −$4	4.3 bp −$43	7.7 bp −$766	24.0 bp −$12.0K

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff SOL-PERP	−0.0080%	1h	118.00	+0.119%	$923	$8K	25x	as long as short
Bluefin SOL-PERP	−0.0071%	1h	117.83	−0.020%	$25K	$28K	25x	as long as short
Vest SOL-PERP	−0.0071%	1h	117.82	−0.029%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.86	0.000%	$31.6M	$98.9M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.79	−0.059%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.86	+0.003%	$57K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.99	+0.111%	$4.5M	$24.1M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0022%	1h	117.90	+0.040%	$26.5M	$24.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0032%	1h	117.86	+0.004%	$105K	$696K	20x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	118.00	+0.123%	$100K	$165K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.89	+0.032%	$7.9M	$404.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0090%	8h	117.87	+0.011%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.86	0.000%	$13.2M	$60.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.84	−0.011%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.84	−0.013%	$345K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.97	+0.097%	$54K	$852K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.01	+0.130%	$1.0M	$516K	50x	as long as short
Nado SOL-PERPshort	+0.0100%	1h	117.95	+0.085%	$5.8M	$38.8M	40x
Aster SOLUSDT	+0.0100%	8h	117.86	+0.003%	$177.5M	$180.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.99	+0.116%	$14.5M	$128.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.84	−0.010%	$971.5M	$3.72B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.86	+0.004%	$831.2M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.82	−0.030%	$366.4M	$1.64B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.91	+0.047%	$234K	$864K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.99	+0.117%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.96	+0.093%	$136.3M	$17.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.84	−0.013%	$860.6M	$654.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.84	−0.013%	$425.5M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.84	−0.010%	$130.9M	$213.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.82	−0.026%	$488.4M	$431.6M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	117.84	−0.009%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.85	−0.004%	$23.7M	$37.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.77	−0.071%	$24.4M	$114.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.84	−0.015%	$94.6M	$391.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.69	−0.141%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.83	−0.021%	$1.7M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.80	−0.047%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.91	+0.047%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.86	+0.007%	$200K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.85	−0.003%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.86	+0.004%	$6.2M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.92	+0.054%	$229.0M	$45.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.85	−0.004%	$45.9M	$100.5M	50x	as long as short
Kalshi KXSOLPERP	+0.0102%	8h	117.98	+0.106%	$1.4M	$19.3M	3.1x	as long as short
Extended SOL-USD	+0.0104%	1h	117.82	−0.030%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.97	+0.093%	—	$215.6M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.89	+0.030%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	118.06	+0.171%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0174%	1h	117.97	+0.097%	$721.8M	$390.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.84	−0.016%	$1.1M	$537K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.49	−0.310%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.85	−0.004%	$52.0M	$71.6M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.92	+0.058%	$128K	$3.8M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]long	L +0.0232% / S −0.0170%	1h	117.86	long leg	$3.6M	—	200x
Aftermath Perps SOLUSD	+0.0402%	1h	117.85	−0.002%	$25K	$52K	20x	as long as short