SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h −0.001%

Price spread now: SoDEX against Nado−0.051%47s7-day average −0.009% · 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—prices read too far apart to compare

costs, in and out, $10k−$170.167% of the position

Long on Nado Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.051%, 7d avg −0.009%

Together, before fees−0.017%+ Points / potential airdropNado: Active · farm board−$2 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 SoDEX is 0.043% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.009%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SOL-PERP	116.55	0.0100	pay 0.0012% / 1h	0m 26s	$5.3M	$41.5M	40x
Short	SoDEX SOL-USD	116.49	0.0065	get 0.0008% / 1h	0m 26s	$6.1M	$11.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$7.26
Price spread: −0.051% → −0.009%: −$4.27
Slippage, 4 orders: −$1.72
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$28.25
Costs to cover: 0.167%
Break-even: never at this rate

Slippage from Nado: live order book, 4 min ago; SoDEX: live order book, 4 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, 4 min ago	0.43 bp	3.9 bp −$4	5.0 bp −$50	10.8 bp −$1,078	doesn't fit
Sell SoDEX live order book, 4 min ago	0.43 bp	4.4 bp −$4	4.7 bp −$47	15.7 bp −$1,568	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	−0.0216%	1h	116.52	−0.025%	$97K	$679K	20x	as long as short
Bybit SOLUSDT	−0.0113%	8h	116.55	0.000%	$737.8M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.54	−0.012%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.53	−0.016%	$32.3M	$106.1M	100x	as long as short
Derive SOL-PERP	−0.0068%	1h	116.51	−0.036%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0045%	1h	116.52	−0.024%	—	$633K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.53	−0.019%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.55	−0.001%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.57	+0.016%	$106K	$3.5M	8.3x	as long as short
dYdX SOL-USD	+0.0017%	1h	116.51	−0.035%	$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	116.55	−0.001%	$480.6M	$458.8M	100x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.58	+0.026%	$99K	$177K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.52	−0.022%	$8.0M	$402.1M	50x	as long as short
Lighter RH SOL	+0.0056%	1h	116.46	−0.077%	$2.2M	$17.0M	25x	as long as short
SoDEX SOL-USDshort	+0.0065%	1h	116.49	−0.051%	$6.1M	$11.0M	20x
Aster SOLUSDT	+0.0071%	8h	116.53	−0.020%	$176.5M	$169.5M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0081%	1h	116.57	+0.017%	$26.4M	$21.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0082%	8h	116.49	−0.052%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0093%	8h	116.56	+0.012%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.48	−0.061%	$13.2M	$61.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.49	−0.051%	$353K	$254K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.53	−0.017%	$66K	$910K	20x	as long as short
Nado SOL-PERPlong	+0.0100%	1h	116.55	long leg	$5.3M	$41.5M	40x
Hyperliquid SOL	+0.0100%	1h	116.68	+0.112%	$701.3M	$408.6M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.52	−0.026%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.56	+0.009%	$966.0M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.58	+0.026%	$367.4M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.57	+0.017%	$216K	$825K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.57	+0.015%	$898K	$8.7M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	−0.084%	$125.5M	$24.9M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.52	−0.026%	$851.9M	$677.6M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.56	+0.009%	$369.7M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.57	+0.017%	$133.0M	$233.1M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.50	−0.045%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.50	−0.043%	$23.0M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.44	−0.090%	$24.9M	$110.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.55	−0.001%	$93.6M	$408.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.53	−0.017%	$47.7M	$29.6M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.66	+0.093%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.59	+0.034%	$1.3M	$11.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.56	+0.009%	$312K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.57	+0.020%	$241K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.51	−0.031%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.49	−0.047%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.50	−0.042%	$225.6M	$50.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.51	−0.034%	$45.3M	$104.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.51	−0.038%	$8.0M	$38.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.53	−0.015%	—	$233.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.62	+0.060%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.59	+0.034%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.46	−0.075%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.49	−0.051%	$52.0M	$66.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.51	−0.033%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.63	+0.071%	$2.1M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0487%	1h	116.64	+0.076%	$25K	$57K	20x	as long as short