Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against SunX+0.014%7-day average +0.015% · you sell dearer than you buy

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

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.243%+$24 · spread now +0.014%, 7d avg +0.015%

Together, before fees+0.243%+ Points / potential airdropVariational Omni: Active · farm board+$24 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOL-USDT	119.01	0.0100	pay 0.0100% / 8h	3h 03m	$193K	$1.9M	30x
Short	Variational Omni SOL	119.03	0.0100	get 0.0100% / 8h	3h 03m	$27.7M	$126.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.015%: −$0.18
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.18
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 min ago; Variational Omni: RFQ quote, 1 min ago. 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 SunX live order book, 12 min ago	4.18 bp	20.8 bp −$21	31.3 bp −$313	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	1.18 bp	doesn't fit	2.2 bp −$22	9.1 bp −$907	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
Vest SOL-PERP	−0.0086%	1h	118.98	−0.031%	—	$731K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.04	+0.027%	$844	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0079%	1h	118.89	−0.105%	$24K	$48K	20x	as long as short
Derive SOL-PERP	−0.0065%	1h	118.95	−0.048%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0011%	1h	119.16	+0.127%	$4.9M	$26.8M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.07	+0.049%	$49K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.08	+0.062%	$1.2M	$21.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.06	+0.045%	$193K	$4.1M	8.3x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	119.08	+0.057%	$104K	$154K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0039%	1h	119.09	+0.065%	$26.7M	$27.9M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0055%	8h	119.03	+0.019%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0058%	8h	119.00	−0.010%	$231.9M	$43.8M	75x	as long as short
Gate SOL_USDT	+0.0075%	8h	119.14	+0.108%	$859.5M	$685.0M	100x	as long as short
KuCoin SOLUSDTM	+0.0081%	8h	119.16	+0.124%	$147.3M	$195.6M	75x	as long as short
ApeX Omni SOLUSDT	+0.0083%	1h	119.03	+0.015%	$1.5M	$6.3M	50x	as long as short
Bitget SOLUSDT	+0.0095%	8h	119.14	+0.109%	$497.2M	$451.2M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.13	+0.095%	$13.5M	$53.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.06	+0.038%	$2.0M	$17.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.00	−0.009%	$354K	$749K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	119.04	+0.025%	$1.0M	$525K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.14	+0.108%	$47K	$786K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.03	+0.018%	$5.6M	$40.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.17	+0.133%	$718.8M	$442.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.06	+0.041%	$180.1M	$175.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.14	+0.109%	$12.4M	$112.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.10	+0.074%	$978.4M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.16	+0.125%	$822.3M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.15	+0.116%	$367.8M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.08	+0.057%	$233K	$868K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.19	+0.151%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.55	−0.388%	$132.6M	$13.8M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.10	+0.074%	$480.0M	$1.08B	300x	as long as short
BingX SOL-USDC	+0.0100%	8h	119.13	+0.102%	—	$10.4M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.05	+0.032%	$24.1M	$38.2M	50x	as long as short
Variational Omni SOLshort	+0.0100%	8h	119.03	+0.014%	$27.7M	$126.1M	—
edgeX SOLUSDC	+0.0100%	4h	118.98	−0.023%	$95.6M	$394.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.93	−0.069%	$48.7M	$33.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.10	+0.074%	$1.4M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.04	+0.024%	$361K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.04	+0.022%	$200K	$1.8M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.03	+0.019%	$38K	$14K	25x	as long as short
SunX SOL-USDTlong	+0.0100%	8h	119.01	long leg	$193K	$1.9M	30x
SoDEX SOL-USD	+0.0100%	1h	119.01	−0.002%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.05	+0.032%	$46.4M	$100.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.15	+0.117%	$8.7M	$37.5M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0104%	1h	119.07	+0.050%	$8.1M	$414.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.08	+0.059%	—	$218.0M	500x	as long as short
Hibachi SOL/USDT-P	+0.0128%	1h	118.96	−0.041%	$123K	$607K	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0131%	1h	119.05	+0.028%	$36.2M	$90.5M	100x	as long as short
Phoenix SOL	+0.0149%	1h	118.86	−0.128%	$7.3M	$11.3M	25x	as long as short
RISEx SOL/USDC	+0.0160%	1h	119.19	+0.147%	$1.6M	$6.3M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.04	+0.021%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.07	+0.049%	$51.8M	$90.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0240% / S −0.0185%	1h	119.07	+0.050%	$3.6M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0533%	1h	118.68	−0.279%	$4K	$2K	12x	as long as short