Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Variational Omni−0.001%7-day average +0.002% · you buy dearer than you sell

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

Long on Variational Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.006%+$1 on $10k

Price spread, last 7 days+0.020%+$2 · spread now −0.001%, 7d avg +0.002%

Together, before fees+0.026%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SOL	119.18	0.0100	pay 0.0100% / 8h	1h 57m	$27.4M	$127.8M	—
Short	Pacifica SOL	119.18	0.0100	get 0.0013% / 1h	57m 39s	$12.4M	$116.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → +0.002%: −$0.28
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$8.28
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Pacifica: live order book, 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 Variational Omni RFQ quote, 2 min ago	1.17 bp	doesn't fit	2.4 bp −$24	9.5 bp −$949	doesn't fit
Sell Pacifica live order book, 1 min ago	0.42 bp	5.3 bp −$5	9.6 bp −$96	doesn't fit	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
Derive SOL-PERP	−0.0100%	1h	118.98	−0.169%	$2.0M	$3.1M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.09	−0.072%	$844	$8K	25x	as long as short
Vest SOL-PERP	−0.0064%	1h	119.10	−0.065%	—	$724K	20x	as long as short
dYdX SOL-USD	−0.0016%	1h	119.16	−0.017%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.12	−0.048%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.23	+0.041%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.16	−0.013%	$179K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.14	−0.032%	$26.7M	$27.6M	50x	as long as short
Aftermath Perps SOLUSD	+0.0049%	1h	119.21	+0.026%	$24K	$47K	20x	as long as short
Hibachi SOL/USDT-P	+0.0056%	1h	119.22	+0.035%	$120K	$625K	20x	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	+0.0063%	8h	119.08	−0.079%	$1.1M	$5.9M	100x	as long as short
Lighter SOL	+0.0064%	1h	119.16	−0.018%	$13.6M	$54.7M	25x	as long as short
HTX SOL-USDT	+0.0064%	8h	119.09	−0.076%	$232.0M	$44.8M	75x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.17	−0.008%	$104K	$152K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.08	−0.087%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0091%	8h	119.12	−0.050%	$867.7M	$674.6M	100x	as long as short
ApeX Omni SOLUSDT	+0.0095%	1h	119.15	−0.025%	$1.5M	$6.2M	50x	as long as short
Lighter RH SOL	+0.0096%	1h	119.15	−0.024%	$2.1M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.07	−0.090%	$353K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.12	−0.050%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.14	−0.033%	$48K	$787K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.15	−0.028%	$6.3M	$42.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.27	+0.076%	$719.7M	$414.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.15	−0.025%	$178.7M	$176.0M	100x	as long as short
Pacifica SOLshort	+0.0100%	1h	119.18	−0.001%	$12.4M	$116.2M	20x
Binance SOLUSDT	+0.0100%	8h	119.15	−0.022%	$976.8M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.13	−0.046%	$821.9M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.11	−0.058%	$372.1M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.14	−0.033%	$233K	$875K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.17	−0.005%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.05	−0.106%	$133.5M	$10.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.09	−0.075%	$435.7M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.17	−0.005%	$140.6M	$199.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.12	−0.049%	$496.7M	$453.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.12	−0.050%	$24.1M	$38.7M	50x	as long as short
Variational Omni SOLlong	+0.0100%	8h	119.18	long leg	$27.4M	$127.8M	—
edgeX SOLUSDC	+0.0100%	4h	119.14	−0.034%	$95.7M	$398.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.08	−0.083%	$48.7M	$33.0M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.22	+0.034%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.14	−0.033%	$363K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.12	−0.052%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.08	−0.079%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.14	−0.029%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.09	−0.075%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.13	−0.042%	$46.5M	$102.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.11	−0.059%	$8.7M	$36.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.17	−0.006%	$8.2M	$416.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.28	+0.084%	—	$222.2M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0150%	1h	119.13	−0.038%	$35.5M	$91.3M	100x	as long as short
Phoenix SOL	+0.0154%	1h	119.22	+0.034%	$6.5M	$12.3M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0089%	1h	119.13	−0.044%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.13	−0.042%	$1.1M	$558K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.17	−0.008%	$1.6M	$6.0M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.41	+0.193%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.20	+0.017%	$52.1M	$86.8M	125x	as long as short