Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Nado against Lighter+0.008%7-day average +0.017% · 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−$9as in the Price arb table
costs, in and out, $10k−$80.081% of the position
Funding, last 3 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.008%, 7d avg +0.017%
=Together, before fees−0.009%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 119.02 | 0.0096 | pay 0.0012% / 1h | 31m 30s | $14.2M | $55.9M | 25x |
| Short | Nado SOL-PERP | 119.03 | 0.0100 | get 0.0012% / 1h | 31m 30s | $5.9M | $40.9M | 40x |
Lighter SOL
Nado SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Lighter. 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
- $0.84
- Price spread: +0.008% → +0.017%
- −$0.84
- Slippage, 4 orders
- −$1.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$8.11
- Costs to cover
- 0.081%
- Break-even
- 74.6 days
Slippage from Lighter: live order book, 7 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 Lighter live order book, 7 min ago | 0.04 bp | 0.2 bp $0 | 1.2 bp −$12 | 5.3 bp −$531 | 18.4 bp −$9,222 |
| Sell Nado live order book, 3 min ago | 0.42 bp | 3.9 bp −$4 | 3.9 bp −$39 | 8.1 bp −$812 | 25.1 bp −$12.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0126% | 1h | 118.98 | −0.037% | $37K | $17K | 25x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.04 | +0.014% | $844 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0076% | 1h | 118.93 | −0.074% | — | $608K | 20x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 118.84 | −0.150% | $2.0M | $2.7M | 13x | as long as short |
| HTX SOL-USDT | −0.0042% | 8h | 118.81 | −0.176% | $231.2M | $43.9M | 75x | as long as short |
| dYdX SOL-USD | −0.0018% | 1h | 119.04 | +0.019% | $5.0M | $25.7M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 118.98 | −0.034% | $32.4M | $96.5M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.00 | −0.017% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.87 | −0.129% | $1.2M | $20.2M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.04 | +0.020% | $158K | $3.9M | 8.3x | as long as short |
Bluefin SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
HTX SOL-USDT
dYdX SOL-USD
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0032% | 1h | 119.04 | +0.017% | $104K | $159K | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0048% | 1h | 118.91 | −0.095% | $101K | $657K | 20x | as long as short |
| Phemex SOLUSDT | +0.0069% | 8h | 118.92 | −0.084% | $46.6M | $100.5M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.00 | −0.019% | — | $366.3M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0081% | 8h | 118.97 | −0.039% | $1.0M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 118.98 | −0.033% | $8.0M | $410.7M | 50x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 119.02 | long leg | $14.2M | $55.9M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 119.00 | −0.017% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.94 | −0.067% | $349K | $248K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.04 | +0.017% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.01 | −0.008% | $47K | $778K | 20x | as long as short |
| Nado SOL-PERPshort | +0.0100% | 1h | 119.03 | +0.008% | $5.9M | $40.9M | 40x | |
| Hyperliquid SOL | +0.0100% | 1h | 119.11 | +0.076% | $721.9M | $399.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.02 | +0.003% | $179.4M | $176.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.06 | +0.034% | $12.2M | $123.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.99 | −0.023% | $979.7M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.00 | −0.019% | $824.2M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.94 | −0.067% | $371.2M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.95 | −0.059% | $233K | $842K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.04 | +0.014% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.80 | −0.185% | $134.2M | $6.7M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 119.01 | −0.008% | $859.2M | $665.0M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.98 | −0.034% | $429.2M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.05 | +0.024% | $138.3M | $202.2M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.97 | −0.042% | $493.8M | $441.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.00 | −0.017% | $24.2M | $37.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.01 | −0.011% | $27.0M | $128.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.94 | −0.066% | $95.5M | $404.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.92 | −0.084% | $48.7M | $29.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 118.98 | −0.029% | $1.5M | $6.1M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.86 | −0.134% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.02 | 0.000% | $357K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.97 | −0.038% | $202K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.82 | −0.168% | $193K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.95 | −0.059% | $6.3M | $10.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.02 | +0.001% | $8.6M | $35.2M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.01 | −0.008% | $6.5M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.00 | −0.013% | — | $219.5M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0132% | 1h | 119.01 | −0.007% | $26.7M | $24.8M | 50x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 119.03 | +0.012% | $1.8M | $4.6M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0165% / S −0.0081% | 1h | 118.99 | −0.023% | $3.7M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0170% | 1h | 118.96 | −0.051% | $25K | $50K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 118.66 | −0.302% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0186% | 1h | 118.97 | −0.043% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.90 | −0.101% | $51.9M | $77.5M | 125x | as long as short |
01 Exchange SOLUSD
Hibachi SOL/USDT-P
Phemex SOLUSDT
BingX SOL-USDT
Orderly PERP_SOL_USDC
Coinbase International SOL-PERP-INTX
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Extended SOL-USD
Phoenix SOL
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT