SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.014%

Price spread now: Nado against Kraken Futures−0.043%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$220.219% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.043%, 7d avg +0.002%

Together, before fees+0.140%+ Points / potential airdropNado: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.045% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.002%). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.010% in total) that is about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOLUSD	116.53	−0.0072	get 0.0009% / 1h	1m 14s	$32.3M	$106.1M	100x
Short	Nado SOL-PERP	116.48	0.0100	get 0.0012% / 1h	1m 14s	$5.3M	$41.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Kraken Futures. 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 Kraken FuturesbpFee NadobpOrdersPrice spread, now −0.043%Rate

Funding earned: $36.1
Price spread: −0.043% → +0.002%: −$4.52
Slippage, 4 orders: −$4.85
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $9.72
Costs to cover: 0.219%
Break-even: 5.1 days

Slippage from Kraken Futures: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 3 min ago	0.43 bp	7.5 bp −$8	8.9 bp −$89	13.5 bp −$1,347	30.9 bp −$15.5K
Sell Nado live order book, 3 min ago	0.43 bp	3.9 bp −$4	3.9 bp −$39	8.2 bp −$822	doesn't fit

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
Hibachi SOL/USDT-P	−0.0208%	1h	116.54	+0.008%	$97K	$679K	20x	as long as short
Bybit SOLUSDT	−0.0113%	8h	116.47	−0.052%	$737.5M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.54	+0.004%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSDlong	−0.0072%	1h	116.53	long leg	$32.3M	$106.1M	100x
Derive SOL-PERP	−0.0068%	1h	116.51	−0.020%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0046%	1h	116.48	−0.044%	—	$633K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.53	−0.003%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.55	+0.015%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.50	−0.023%	$106K	$3.5M	8.3x	as long as short
dYdX SOL-USD	+0.0017%	1h	116.58	+0.040%	$4.3M	$23.6M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SOLUSDT	+0.0035%	8h	116.48	−0.046%	$480.3M	$459.2M	100x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.53	−0.001%	$99K	$177K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.52	−0.006%	$8.0M	$402.1M	50x	as long as short
Lighter RH SOL	+0.0056%	1h	116.48	−0.041%	$2.2M	$17.0M	25x	as long as short
SoDEX SOL-USD	+0.0065%	1h	116.49	−0.035%	$6.1M	$11.0M	20x	as long as short
Aster SOLUSDT	+0.0072%	8h	116.48	−0.044%	$176.4M	$169.5M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0081%	1h	116.57	+0.033%	$26.4M	$21.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0082%	8h	116.49	−0.036%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0093%	8h	116.54	+0.010%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.50	−0.024%	$13.2M	$61.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.49	−0.035%	$353K	$254K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.48	−0.044%	$66K	$910K	20x	as long as short
Nado SOL-PERPshort	+0.0100%	1h	116.48	−0.043%	$5.3M	$41.5M	40x
Hyperliquid SOL	+0.0100%	1h	116.62	+0.076%	$701.0M	$408.5M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.55	+0.017%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.48	−0.041%	$965.4M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.50	−0.027%	$367.3M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.57	+0.033%	$216K	$825K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.52	−0.009%	$899K	$8.7M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	+0.016%	$125.4M	$26.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.49	−0.035%	$851.6M	$677.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.49	−0.035%	$369.6M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.50	−0.022%	$132.9M	$233.1M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.49	−0.037%	—	$373.0M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.51	−0.018%	$23.0M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.69	+0.140%	$25.1M	$110.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.55	+0.016%	$93.6M	$408.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.53	−0.001%	$47.7M	$29.6M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.66	+0.109%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.59	+0.051%	$1.3M	$11.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.49	−0.035%	$312K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.50	−0.025%	$241K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.51	−0.015%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.49	−0.031%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.50	−0.025%	$225.6M	$50.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.51	−0.018%	$45.3M	$104.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.45	−0.068%	$8.0M	$38.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.53	+0.001%	—	$233.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.62	+0.076%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.59	+0.051%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.46	−0.059%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.49	−0.035%	$52.0M	$66.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.51	−0.016%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.57	+0.034%	$2.1M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0488%	1h	116.61	+0.072%	$25K	$57K	20x	as long as short