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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Nado against Kalshi−0.058%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$230.233% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.086%+$9 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.058%, 7d avg −0.003%
Together, before fees+0.086%+ Points / potential airdropNado: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.055% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.003%). If the spread goes back, that is −$5 on $10k: about 44 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP116.980get 0.0000% / 8h7h 46m$1.4M$19.1M3.1x
ShortNado SOL-PERP116.920.0100get 0.0012% / 1h46m 06s$5.4M$40.1M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Kalshi. 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
$21
Price spread: −0.058% → −0.003%
−$5.49
Slippage, 4 orders
−$6.31
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$7.8
Costs to cover
0.233%
Break-even
9.6 days
Slippage from Kalshi: 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 Kalshi live order book, 3 min ago1.45 bp8.1 bp −$812.5 bp −$12518.5 bp −$1,854doesn't fit
Sell Nado live order book, 3 min ago0.43 bp3.9 bp −$43.9 bp −$398.8 bp −$88130.6 bp −$15.3K

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
Kraken Futures PF_SOLUSD−0.0192%1h117.01+0.023%$31.2M$100.8M100xas long as short
Hibachi SOL/USDT-P−0.0160%1h116.83−0.134%$103K$699K20xas long as short
Vest SOL-PERP−0.0089%1h116.92−0.054%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.94−0.037%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.02+0.029%$54K150xas long as short
Kalshi KXSOLPERPlong0.0000%8h116.98long leg$1.4M$19.1M3.1x
dYdX SOL-USD+0.0003%1h116.94−0.039%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0044%1h116.95−0.030%$1.9M$2.8M13xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.99+0.001%$7.5M$405.4M50xas long as short
Bybit SOLUSDT+0.0082%8h116.94−0.038%$769.4M$1.37B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0088%1h117.04+0.047%$100K$174K20xas long as short
Orderly PERP_SOL_USDC+0.0093%8h117.03+0.034%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h117.01+0.024%$13.1M$59.9M25xas long as short
Lighter RH SOL+0.0096%1h117.00+0.013%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h117.00+0.016%$348K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.87−0.098%$50K$882K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.98−0.001%$1.0M$551K50xas long as short
Nado SOL-PERPshort+0.0100%1h116.92−0.058%$5.4M$40.1M40x
Hyperliquid SOL+0.0100%1h117.11+0.107%$706.9M$394.0M20xas long as short
Aster SOLUSDT+0.0100%8h116.99+0.006%$175.1M$183.3M100xas long as short
Pacifica SOL+0.0100%1h116.97−0.013%$15.8M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h117.04+0.043%$977.7M$3.81B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.02+0.030%$368.3M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.74−0.209%$230K$840K10xas long as short
Arcus SOL-USD+0.0100%1h116.95−0.027%$923K$8.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.00+0.013%$853.5M$658.5M100xas long as short
MEXC SOL_USDT+0.0100%8h117.02+0.030%$367.9M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.00+0.017%$129.4M$222.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.00+0.009%$482.2M$443.7M100xas long as short
BingX SOL-USDT+0.0100%8h116.98−0.001%$365.9Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.00+0.013%$23.2M$39.2M50xas long as short
Variational Omni SOL+0.0100%8h116.90−0.069%$24.5M$113.6Mas long as short
edgeX SOLUSDC+0.0100%4h116.72−0.227%$93.7M$399.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.76−0.192%$47.7M$30.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.76−0.189%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.86−0.107%$1.3M$12.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.99+0.004%$323K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h117.01+0.018%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.00+0.009%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.95−0.029%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.01+0.021%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.87−0.097%$226.7M$47.8M75xas long as short
Phemex SOLUSDT+0.0100%8h117.01+0.021%$45.9M$102.9M50xas long as short
Bulk SOL-USD+0.0100%1h116.90−0.073%$134.0M$22.8M20xas long as short
Extended SOL-USD+0.0104%1h116.95−0.026%$8.3M$37.5M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.99+0.004%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.86−0.105%$231.3M500xas long as short
Phoenix SOL+0.0151%1h116.88−0.090%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0191%1h116.97−0.011%$1.1M$541K25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0204%1h117.07+0.074%$26.4M$23.3M50xas long as short
BloFin SOL-USDT+0.0220%8h116.86−0.107%$51.9M$67.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h117.01+0.024%$3.6M200xas long as short
Perpl SOL+0.0447%43m117.02+0.026%$138K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0521%1h116.93−0.048%$25K$51K20xas long as short
RISEx SOL/USDC+0.0561%1h117.01+0.020%$1.9M$4.8M20xas long as short