Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.05 per $10,000 · paid last 24h −0.007%
Price spread now: 01 Exchange against Nado+0.036%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$240.238% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.590%−$59 · spread now +0.036%, 7d avg −0.009%
Together, before fees−0.570%+ Points / potential airdropNado: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.045% dearer against Nado than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.009%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SOL-PERP116.710.0100pay 0.0012% / 1h8m 25s$5.5M$38.9M40x
Short01 Exchange SOLUSD116.750.0056get 0.0007% / 1h8m 25s$101K$183K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
−$9.24
Price spread: +0.036% → −0.009%
$4.49
Slippage, 4 orders
−$9.81
Fee Nado: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$28.56
Costs to cover
0.238%
Break-even
never at this rate
Slippage from Nado: live order book, 4 min ago; 01 Exchange: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 4 min ago0.43 bp3.9 bp −$44.0 bp −$409.5 bp −$95233.0 bp −$16.5K
Sell 01 Exchange live order book, 39 min ago0.43 bp8.3 bp −$812.4 bp −$124doesn't fitdoesn't fit

SOL on 54 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P−0.0240%1h116.67−0.036%$102K$644K20xas long as short
Bybit SOLUSDT−0.0051%8h116.75+0.036%$726.0M$1.23B100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.65−0.050%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.69−0.014%$1.3M$15.4M3.1xas long as short
Perpl SOL0.0000%43m116.64−0.058%$100K$2.6M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0002%1h116.71+0.002%$26.2M$17.6M50xas long as short
Vest SOL-PERP+0.0009%1h116.72+0.014%$272K20xas long as short
Bitget SOLUSDT+0.0020%8h116.75+0.036%$480.2M$393.1M100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h116.67−0.030%$8.5M$362.4M50xas long as short
Aster SOLUSDT+0.0041%8h116.76+0.044%$176.2M$156.0M100xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0041%8h116.77+0.053%$992K$5.0M100xas long as short
01 Exchange SOLUSDshort+0.0056%1h116.75+0.036%$101K$183K20x
Aevo SOL-PERP+0.0064%1h116.72+0.007%$343K$265K20xas long as short
MEXC SOL_USDT+0.0065%8h116.75+0.036%$480.9M$979.9M300xas long as short
Binance SOLUSDT+0.0066%8h116.77+0.053%$968.6M$3.41B100xas long as short
Phoenix SOL+0.0075%1h116.77+0.053%$6.7M$12.2M25xas long as short
Hotstuff SOL-PERP+0.0080%1h117.39+0.586%$1K$8K25xas long as short
SoDEX SOL-USD+0.0081%1h116.66−0.041%$6.0M$11.2M20xas long as short
Kraken Futures PF_SOLUSD+0.0083%1h116.69−0.017%$33.4M$92.4M100xas long as short
Lighter SOL+0.0096%1h116.76+0.043%$12.9M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h116.71+0.004%$2.2M$13.7M25xas long as short
Gate SOL_USDT+0.0096%8h116.75+0.036%$839.9M$598.4M100xas long as short
Katana Perps SOL-USD+0.0100%8h116.69−0.016%$44K$886K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.78+0.059%$1.0M$554K50xas long as short
Nado SOL-PERPlong+0.0100%1h116.71long leg$5.5M$38.9M40x
Hyperliquid SOL+0.0100%1h116.86+0.130%$719.8M$369.4M20xas long as short
Pacifica SOL+0.0100%1h116.79+0.066%$15.8M$116.3M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.76+0.044%$358.7M$1.54B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.60−0.093%$219K$735K10xas long as short
Arcus SOL-USD+0.0100%1h116.80+0.075%$1.2M$7.9M20xas long as short
Bulk SOL-USD+0.0100%1h116.75+0.036%$126.7M$10.4M20xas long as short
KuCoin SOLUSDTM+0.0100%8h116.73+0.022%$133.1M$224.6M75xas long as short
BingX SOL-USDC+0.0100%8h116.71+0.001%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.69−0.016%$23.1M$35.9M50xas long as short
Variational Omni SOL+0.0100%8h116.57−0.123%$24.9M$96.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.58−0.114%$93.6M$357.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.63−0.069%$47.7M$25.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.56−0.130%$996K$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.66−0.041%$1.3M$9.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.73+0.019%$328K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.78+0.064%$283K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.75+0.035%$26K$37K25xas long as short
SunX SOL-USDT+0.0100%8h116.62−0.072%$189K$1.4M30xas long as short
HTX SOL-USDT+0.0100%8h116.62−0.074%$225.6M$39.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.66−0.041%$45.3M$98.8M50xas long as short
Extended SOL-USD+0.0104%1h116.69−0.018%$8.5M$32.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h116.72+0.014%$209.7M500xas long as short
dYdX SOL-USD+0.0145%1h116.74+0.026%$9.2M$17.9M20xas long as short
BloFin SOL-USDT+0.0186%8h116.67−0.033%$51.6M$56.2M125xas long as short
Reya SOLRUSDPERP+0.0200%1h116.62−0.077%$1.1M$88K25xas long as short
Injective SOL/USDC PERP+0.0206%1h116.85+0.121%$4K$11712xas long as short
GMX SOL/USD [SOL-USDC]L +0.0236% / S −0.0182%1h116.67−0.034%$3.6M200xas long as short
RISEx SOL/USDC+0.0250%1h116.80+0.075%$2.2M$3.9M20xas long as short
Aftermath Perps SOLUSD+0.0398%1h116.75+0.032%$25K$46K20xas long as short