SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.007%

Price spread now: Coinbase International against Nado−0.027%7-day average +0.017% · 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−$23as in the Price arb table

costs, in and out, $10k−$180.185% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.027%, 7d avg +0.017%

Together, before fees−0.074%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.045% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SOL-PERP	116.56	0.0100	pay 0.0012% / 1h	49m 26s	$5.5M	$38.8M	40x
Short	Coinbase International SOL-PERP-INTX	116.53	0.0024	get 0.0003% / 1h	49m 26s	$8.5M	$360.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$15.96
Price spread: −0.027% → +0.017%: −$4.48
Slippage, 4 orders: −$1.48
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$38.92
Costs to cover: 0.185%
Break-even: never at this rate

Slippage from Nado: live order book, 3 min ago; Coinbase International: 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 Nado live order book, 3 min ago	0.43 bp	3.9 bp −$4	4.1 bp −$41	9.7 bp −$969	34.5 bp −$17.2K
Sell Coinbase International live order book, 3 min ago	0.04 bp	5.0 bp −$5	6.7 bp −$67	12.8 bp −$1,280	doesn't fit

SOL on 55 exchanges

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	−0.0184%	1h	116.74	+0.149%	$99K	$646K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.10	+0.456%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0046%	8h	116.60	+0.027%	$725.2M	$1.22B	100x	as long as short
Derive SOL-PERP	−0.0036%	1h	116.53	−0.032%	$1.8M	$2.5M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.39	−0.148%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.71	+0.129%	$1.3M	$15.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.50	−0.057%	$99K	$2.6M	8.3x	as long as short
Vest SOL-PERP	+0.0015%	1h	116.55	−0.013%	—	$272K	20x	as long as short
Bitget SOLUSDT	+0.0017%	8h	116.53	−0.028%	$478.8M	$390.9M	100x	as long as short
Coinbase International SOL-PERP-INTXshort	+0.0024%	1h	116.53	−0.027%	$8.5M	$360.1M	50x

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SOL/USDC PERP	+0.0033%	1h	116.85	+0.244%	$4K	$113	12x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0036%	1h	116.63	+0.057%	$26.3M	$17.6M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0039%	8h	116.59	+0.024%	$961K	$5.0M	100x	as long as short
Aster SOLUSDT	+0.0044%	8h	116.60	+0.030%	$175.9M	$156.1M	100x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.63	+0.056%	$102K	$185K	20x	as long as short
SoDEX SOL-USD	+0.0061%	1h	116.61	+0.039%	$6.0M	$11.2M	20x	as long as short
MEXC SOL_USDT	+0.0064%	8h	116.53	−0.030%	$460.2M	$949.5M	300x	as long as short
Aevo SOL-PERP	+0.0064%	1h	116.56	−0.004%	$341K	$259K	20x	as long as short
Binance SOLUSDT	+0.0065%	8h	116.59	+0.021%	$967.4M	$3.39B	100x	as long as short
ApeX Omni SOLUSDT	+0.0082%	1h	116.58	+0.013%	$996K	$6.6M	50x	as long as short
Gate SOL_USDT	+0.0091%	8h	116.56	−0.004%	$836.4M	$571.5M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.47	−0.080%	$12.9M	$54.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.47	−0.084%	$2.2M	$12.8M	25x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.54	−0.021%	$24K	$891K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.54	−0.023%	$1.0M	$554K	50x	as long as short
Nado SOL-PERPlong	+0.0100%	1h	116.56	long leg	$5.5M	$38.8M	40x
Hyperliquid SOL	+0.0100%	1h	116.66	+0.081%	$718.3M	$364.2M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.52	−0.035%	$15.8M	$116.2M	20x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.56	−0.004%	$358.5M	$1.53B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.49	−0.064%	$219K	$728K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.62	+0.050%	$1.2M	$7.7M	20x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.52	−0.042%	$132.8M	$224.3M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.38	−0.156%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.56	−0.004%	$23.1M	$35.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.53	−0.026%	$24.9M	$94.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.55	−0.014%	$93.6M	$356.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.58	+0.017%	$47.7M	$25.7M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.71	+0.124%	$1.3M	$9.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.54	−0.021%	$324K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.47	−0.081%	$283K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.60	+0.029%	$26K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.53	−0.028%	$189K	$1.4M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.51	−0.046%	$225.3M	$39.8M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.54	−0.021%	$45.3M	$98.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.75	+0.159%	$127.3M	$9.4M	20x	as long as short
Phoenix SOL	+0.0103%	1h	116.81	+0.210%	$6.7M	$11.6M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	116.51	−0.051%	$8.4M	$32.6M	50x	as long as short
dYdX SOL-USD	+0.0108%	1h	116.51	−0.051%	$9.1M	$17.9M	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.57	+0.001%	—	$210.8M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0129%	1h	116.56	−0.008%	$33.2M	$91.9M	100x	as long as short
BloFin SOL-USDT	+0.0185%	8h	116.57	+0.004%	$51.6M	$55.6M	125x	as long as short
Reya SOLRUSDPERP	+0.0201%	1h	116.51	−0.047%	$1.1M	$90K	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0181%	1h	116.45	−0.101%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0250%	1h	116.62	+0.043%	$2.2M	$3.7M	20x	as long as short
Aftermath Perps SOLUSD	+0.0428%	1h	116.68	+0.097%	$25K	$45K	20x	as long as short