SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h +0.009%

Price spread now: GMX against Nado−0.116%7-day average +0.037% · you buy dearer than you sell

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

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.068%+$7 on $10k

Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.116%, 7d avg +0.037%

Together, before fees+0.181%+ Points / potential airdropNado: Active · farm board+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.153% cheaper against Nado than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.068%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SOL-PERP	119.00	0.0100	pay 0.0012% / 1h	32m 57s	$5.9M	$40.9M	40x
Short	GMX SOL/USD [SOL-USDC]	118.86	L +0.0165% / S −0.0081%	get 0.0010% / 1h	32m 57s	$3.7M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.116%Rate

Funding earned: −$4.06
Price spread: −0.116% → +0.037%: −$15.32
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$38.38
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 1 min ago; GMX: no order-book sample. 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 Nado live order book, 1 min ago	0.42 bp	3.9 bp −$4	4.6 bp −$46	9.9 bp −$985	28.8 bp −$14.4K
Sell GMX no order-book sample	—	—	—	—	—

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
Bluefin SOL-PERP	−0.0166%	1h	118.87	−0.108%	$37K	$17K	25x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.99	−0.006%	$844	$8K	25x	as long as short
Vest SOL-PERP	−0.0076%	1h	118.89	−0.090%	—	$608K	20x	as long as short
Derive SOL-PERP	−0.0062%	1h	118.78	−0.187%	$2.0M	$2.7M	13x	as long as short
HTX SOL-USDT	−0.0050%	8h	118.85	−0.128%	$231.2M	$43.9M	75x	as long as short
dYdX SOL-USD	−0.0019%	1h	118.98	−0.017%	$5.0M	$25.7M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	118.86	−0.116%	$32.4M	$96.5M	100x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.87	−0.109%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.00	+0.003%	$1.2M	$20.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.94	−0.051%	$158K	$3.9M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0040%	1h	118.95	−0.042%	$104K	$159K	20x	as long as short
Phemex SOLUSDT	+0.0045%	8h	118.88	−0.101%	$46.6M	$100.5M	50x	as long as short
Hibachi SOL/USDT-P	+0.0056%	1h	119.00	0.000%	$101K	$656K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0065%	1h	118.91	−0.073%	$26.6M	$24.8M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.87	−0.106%	—	$10.5M	—	as long as short
Orderly PERP_SOL_USDC	+0.0081%	8h	118.87	−0.112%	$1.0M	$5.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.89	−0.089%	$8.1M	$410.5M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.85	−0.127%	$14.2M	$55.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.85	−0.125%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.86	−0.119%	$348K	$247K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.00	+0.002%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.91	−0.076%	$47K	$778K	20x	as long as short
Nado SOL-PERPlong	+0.0100%	1h	119.00	long leg	$5.9M	$40.9M	40x
Aster SOLUSDT	+0.0100%	8h	118.90	−0.084%	$179.2M	$176.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.04	+0.032%	$12.2M	$123.9M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.86	−0.118%	$978.6M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.88	−0.098%	$823.4M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.87	−0.109%	$371.0M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.95	−0.042%	$233K	$848K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.98	−0.015%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.80	−0.168%	$134.2M	$6.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	118.88	−0.101%	$858.6M	$664.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.90	−0.084%	$428.3M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.92	−0.071%	$138.2M	$202.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.86	−0.119%	$493.4M	$441.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.88	−0.101%	$24.2M	$37.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.01	+0.006%	$27.0M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.94	−0.049%	$95.5M	$404.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.92	−0.067%	$48.7M	$29.5M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.01	+0.008%	$1.5M	$6.1M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	118.86	−0.118%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.92	−0.067%	$359K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.85	−0.127%	$202K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.92	−0.067%	$193K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.85	−0.126%	$6.2M	$10.8M	20x	as long as short
Hyperliquid SOL	+0.0101%	1h	118.98	−0.017%	$721.1M	$399.2M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	118.89	−0.096%	$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	118.95	−0.044%	—	$219.9M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.98	−0.015%	$1.8M	$4.6M	20x	as long as short
GMX SOL/USD [SOL-USDC]short	L +0.0165% / S −0.0081%	1h	118.86	−0.116%	$3.7M	—	200x
Injective SOL/USDC PERP	+0.0173%	1h	118.66	−0.286%	$4K	$2K	12x	as long as short
Aftermath Perps SOLUSD	+0.0174%	1h	118.91	−0.074%	$25K	$50K	20x	as long as short
Reya SOLRUSDPERP	+0.0186%	1h	118.89	−0.089%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.90	−0.084%	$51.9M	$77.5M	125x	as long as short