SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against Variational Omni+0.205%7-day average +0.012% · you sell dearer than you buy

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

Long on Variational Omni Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.075%−$7 on $10k

Price spread, last 7 days−0.140%−$14 · spread now +0.205%, 7d avg +0.012%

Together, before fees−0.214%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.193% dearer against Variational Omni than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.012%): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SOL	118.76	0.0100	pay 0.0100% / 8h	2h 36m	$27.4M	$127.2M	—
Short	Kalshi KXSOLPERP	119.00	0	get 0.0000% / 8h	6h 36m	$1.2M	$20.7M	3.1x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi 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

Position, each leg$Hold fordaysFee Variational OmnibpFee KalshibpOrdersPrice spread, now +0.205%Rate

Funding earned: −$21
Price spread: +0.205% → +0.012%: $19.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$11.71
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Kalshi: live order book, 2 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, 3 min ago	1.22 bp	doesn't fit	1.2 bp −$12	6.0 bp −$602	doesn't fit
Sell Kalshi live order book, 2 min ago	1.85 bp	10.9 bp −$11	13.7 bp −$137	20.9 bp −$2,087	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
Injective SOL/USDC PERP	−0.0151%	1h	118.89	+0.113%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	119.06	+0.257%	$2.0M	$3.2M	13x	as long as short
Vest SOL-PERP	−0.0080%	1h	119.02	+0.223%	—	$724K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.72	−0.027%	$842	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0025%	1h	118.87	+0.095%	$24K	$47K	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.16	+0.339%	$54K	—	150x	as long as short
Kalshi KXSOLPERPshort	0.0000%	8h	119.00	+0.205%	$1.2M	$20.7M	3.1x
Perpl SOL	0.0000%	43m	119.11	+0.299%	$180K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.19	+0.362%	$26.7M	$27.6M	50x	as long as short
dYdX SOL-USD	0.0000%	1h	119.00	+0.203%	$4.9M	$26.9M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni SOLUSDT	+0.0042%	1h	118.74	−0.013%	$1.5M	$6.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0060%	8h	119.16	+0.341%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0068%	8h	119.05	+0.245%	$231.9M	$43.6M	75x	as long as short
BingX SOL-USDC	+0.0070%	8h	118.96	+0.170%	—	$10.5M	—	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.01	+0.214%	$104K	$152K	20x	as long as short
Gate SOL_USDT	+0.0083%	8h	118.92	+0.138%	$859.5M	$679.3M	100x	as long as short
Hibachi SOL/USDT-P	+0.0088%	1h	118.93	+0.146%	$123K	$600K	20x	as long as short
Lighter SOL	+0.0096%	1h	118.97	+0.181%	$13.5M	$53.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.96	+0.170%	$2.0M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.14	+0.321%	$354K	$741K	20x	as long as short
KuCoin SOLUSDTM	+0.0098%	8h	119.01	+0.215%	$143.2M	$196.5M	75x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.91	+0.127%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.99	+0.197%	$45K	$780K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.10	+0.294%	$5.5M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.10	+0.290%	$717.9M	$413.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.02	+0.224%	$179.2M	$174.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.00	+0.205%	$12.4M	$114.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.98	+0.189%	$971.8M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.99	+0.200%	$822.6M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.98	+0.189%	$370.2M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.14	+0.324%	$234K	$864K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.00	+0.207%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.92	+0.138%	$467.7M	$1.08B	300x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.93	+0.145%	$496.4M	$448.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.14	+0.324%	$24.4M	$38.1M	50x	as long as short
Variational Omni SOLlong	+0.0100%	8h	118.76	long leg	$27.4M	$127.2M	—
edgeX SOLUSDC	+0.0100%	4h	118.71	−0.039%	$95.3M	$397.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.74	−0.011%	$48.6M	$33.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.87	+0.096%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.14	+0.324%	$364K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.13	+0.315%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.13	+0.317%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.10	+0.290%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.12	+0.307%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.10	+0.290%	$46.5M	$99.9M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.71	−0.039%	$133.1M	$11.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	118.94	+0.153%	$8.6M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.16	+0.344%	$8.1M	$414.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.15	+0.328%	—	$217.3M	500x	as long as short
Phoenix SOL	+0.0154%	1h	118.79	+0.029%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.01	+0.213%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.13	+0.312%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.12	+0.307%	$51.8M	$86.8M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.12	+0.311%	$36.1M	$89.3M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0173%	1h	119.15	+0.330%	$3.6M	—	200x	as long as short