Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.003%
Price spread now: Coinbase International against Variational Omni+0.053%7-day average +0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.053%, 7d avg +0.020%
=Together, before fees−0.282%+ Points / potential airdropVariational Omni: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.033% dearer against Variational Omni than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.020%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SOL | 116.24 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $24.8M | $105.0M | — |
| Short | Coinbase International SOL-PERP-INTX | 116.30 | 0.0040 | get 0.0005% / 1h | 40m 29s | $7.8M | $393.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.6
- Price spread: +0.053% → +0.020%
- $3.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$19.29
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 4 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 Variational Omni RFQ quote, 4 min ago | 1.20 bp | doesn't fit | 1.2 bp −$12 | 7.8 bp −$782 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 0.04 bp | 6.5 bp −$6 | 9.1 bp −$91 | 18.0 bp −$1,798 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.29 | +0.045% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.30 | +0.058% | $32.3M | $106.0M | 100x | as long as short |
| Vest SOL-PERP | −0.0004% | 1h | 116.21 | −0.026% | — | $636K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.26 | +0.023% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.28 | +0.038% | $4.3M | $23.3M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.31 | +0.061% | $1.4M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.32 | +0.073% | $103K | $3.4M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 116.33 | +0.080% | $26.2M | $21.7M | 50x | as long as short |
| Derive SOL-PERP | +0.0007% | 1h | 116.19 | −0.039% | $1.8M | $2.9M | 13x | as long as short |
| Bybit SOLUSDT | +0.0018% | 8h | 116.18 | −0.048% | $730.3M | $1.40B | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOLUSDT | +0.0025% | 8h | 116.21 | −0.022% | $479.4M | $452.4M | 100x | as long as short |
| Coinbase International SOL-PERP-INTXshort | +0.0040% | 1h | 116.30 | +0.053% | $7.8M | $393.7M | 50x | |
| Aster SOLUSDT | +0.0053% | 8h | 116.18 | −0.048% | $176.8M | $169.8M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0069% | 8h | 116.28 | +0.035% | $1.0M | $5.9M | 100x | as long as short |
| Gate SOL_USDT | +0.0075% | 8h | 116.25 | +0.012% | $847.4M | $609.8M | 100x | as long as short |
| SoDEX SOL-USD | +0.0091% | 1h | 116.26 | +0.021% | $6.1M | $11.0M | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.25 | +0.012% | $13.0M | $56.0M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.23 | −0.005% | $2.2M | $14.8M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0096% | 1h | 116.42 | +0.158% | $100K | $683K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.26 | +0.023% | $351K | $255K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0097% | 8h | 116.25 | +0.013% | $1.0M | $554K | 50x | as long as short |
| Phemex SOLUSDT | +0.0098% | 8h | 116.29 | +0.047% | $45.2M | $103.5M | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.18 | −0.048% | $64K | $901K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.23 | −0.004% | $5.4M | $41.4M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.36 | +0.107% | $695.2M | $407.7M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.29 | +0.045% | $15.7M | $130.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.19 | −0.041% | $960.6M | $3.83B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.19 | −0.039% | $365.7M | $1.74B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.16 | −0.065% | $218K | $844K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.24 | +0.002% | $918K | $8.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.24 | +0.004% | $373.7M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.27 | +0.025% | $129.7M | $237.3M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.25 | +0.010% | — | $372.2M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.28 | +0.038% | $22.9M | $36.2M | 50x | as long as short |
| Variational Omni SOLlong | +0.0100% | 8h | 116.24 | long leg | $24.8M | $105.0M | — | |
| edgeX SOLUSDC | +0.0100% | 4h | 116.47 | +0.200% | $93.5M | $405.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.40 | +0.141% | $47.6M | $28.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.50 | +0.232% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.40 | +0.141% | $1.3M | $11.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.22 | −0.014% | $318K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.29 | +0.045% | $283K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.26 | +0.021% | $189K | $1.7M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.35 | +0.095% | $225.3M | $50.5M | 75x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.45 | +0.184% | $126.0M | $25.6M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.17 | −0.053% | $8.2M | $36.3M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0112% | 1h | 116.23 | −0.005% | $101K | $182K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.34 | +0.086% | — | $231.0M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.60 | +0.313% | $6.5M | $13.4M | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | +0.090% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0197% | 1h | 116.24 | +0.007% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.26 | +0.021% | $51.9M | $64.2M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.40 | +0.140% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0412% | 1h | 116.41 | +0.153% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.32 | +0.071% | $2.1M | $4.8M | 20x | as long as short |
| Bluefin SOL-PERP | +0.1035% | 1h | 116.29 | +0.043% | $27K | $37K | 25x | as long as short |
Variational Omni SOL
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
Derive SOL-PERP
Bybit SOLUSDT
Bitget SOLUSDT
Aster SOLUSDT
Gate SOL_USDT
SoDEX SOL-USD
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Phemex SOLUSDT
Katana Perps SOL-USD
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDT
Backpack SOL_USDC_PERP
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
HTX SOL-USDT
Bulk SOL-USD
Extended SOL-USD
01 Exchange SOLUSD
Phoenix SOL
Injective SOL/USDC PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC
Bluefin SOL-PERP