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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SOL116.240.0100pay 0.0100% / 8h7h 40m$24.8M$105.0M
ShortCoinbase International SOL-PERP-INTX116.300.0040get 0.0005% / 1h40m 29s$7.8M$393.7M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago1.20 bpdoesn't fit1.2 bp −$127.8 bp −$782doesn't fit
Sell Coinbase International live order book, 4 min ago0.04 bp6.5 bp −$69.1 bp −$9118.0 bp −$1,798doesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h116.29+0.045%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.30+0.058%$32.3M$106.0M100xas long as short
Vest SOL-PERP−0.0004%1h116.21−0.026%$636K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.26+0.023%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.28+0.038%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.31+0.061%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.32+0.073%$103K$3.4M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h116.33+0.080%$26.2M$21.7M50xas long as short
Derive SOL-PERP+0.0007%1h116.19−0.039%$1.8M$2.9M13xas long as short
Bybit SOLUSDT+0.0018%8h116.18−0.048%$730.3M$1.40B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOLUSDT+0.0025%8h116.21−0.022%$479.4M$452.4M100xas long as short
Coinbase International SOL-PERP-INTXshort+0.0040%1h116.30+0.053%$7.8M$393.7M50x
Aster SOLUSDT+0.0053%8h116.18−0.048%$176.8M$169.8M100xas long as short
Orderly PERP_SOL_USDC+0.0069%8h116.28+0.035%$1.0M$5.9M100xas long as short
Gate SOL_USDT+0.0075%8h116.25+0.012%$847.4M$609.8M100xas long as short
SoDEX SOL-USD+0.0091%1h116.26+0.021%$6.1M$11.0M20xas long as short
Lighter SOL+0.0096%1h116.25+0.012%$13.0M$56.0M25xas long as short
Lighter RH SOL+0.0096%1h116.23−0.005%$2.2M$14.8M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h116.42+0.158%$100K$683K20xas long as short
Aevo SOL-PERP+0.0096%1h116.26+0.023%$351K$255K20xas long as short
Paradex SOL-USD-PERP+0.0097%8h116.25+0.013%$1.0M$554K50xas long as short
Phemex SOLUSDT+0.0098%8h116.29+0.047%$45.2M$103.5M50xas long as short
Katana Perps SOL-USD+0.0100%8h116.18−0.048%$64K$901K20xas long as short
Nado SOL-PERP+0.0100%1h116.23−0.004%$5.4M$41.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.36+0.107%$695.2M$407.7M20xas long as short
Pacifica SOL+0.0100%1h116.29+0.045%$15.7M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h116.19−0.041%$960.6M$3.83B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.19−0.039%$365.7M$1.74B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.16−0.065%$218K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.24+0.002%$918K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h116.24+0.004%$373.7M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.27+0.025%$129.7M$237.3M75xas long as short
BingX SOL-USDT+0.0100%8h116.25+0.010%$372.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.28+0.038%$22.9M$36.2M50xas long as short
Variational Omni SOLlong+0.0100%8h116.24long leg$24.8M$105.0M
edgeX SOLUSDC+0.0100%4h116.47+0.200%$93.5M$405.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.40+0.141%$47.6M$28.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.50+0.232%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.40+0.141%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.22−0.014%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.29+0.045%$283K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h116.26+0.021%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.35+0.095%$225.3M$50.5M75xas long as short
Bulk SOL-USD+0.0100%1h116.45+0.184%$126.0M$25.6M20xas long as short
Extended SOL-USD+0.0104%1h116.17−0.053%$8.2M$36.3M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.23−0.005%$101K$182K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.34+0.086%$231.0M500xas long as short
Phoenix SOL+0.0124%1h116.60+0.313%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.090%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h116.24+0.007%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.26+0.021%$51.9M$64.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.40+0.140%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0412%1h116.41+0.153%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.32+0.071%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.1035%1h116.29+0.043%$27K$37K25xas long as short