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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0727%/8hpaid last 24h −0.163%
Price spread now: Variational Omni against Injective+0.118%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Variational Omni is 0.118% dearer against Injective than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SOL/USDC PERP117.99−0.0627get 0.0078% / 1h13m 14s$4K$41K12x
ShortVariational Omni SOL118.130.0100get 0.0100% / 8h4h 13m$27.9M$118.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. 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
$152.59
Price spread: +0.118% → 0.000%
$11.84
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$164.41
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, just now. 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 Injective no order-book sample
Sell Variational Omni RFQ quote, just now1.23 bpdoesn't fit3.3 bp −$338.4 bp −$842doesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective SOL/USDC PERPlong−0.0627%1h117.99long leg$4K$41K12x
dYdX SOL-USD−0.0145%1h118.15+0.136%$4.7M$25.3M20xas long as short
Vest SOL-PERP−0.0101%1h118.09+0.089%$731K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.15+0.136%$838$8K25xas long as short
Derive SOL-PERP−0.0041%1h118.08+0.075%$1.9M$3.0M13xas long as short
Aftermath Perps SOLUSD−0.0008%1h118.15+0.140%$24K$49K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.18+0.161%$58K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.18+0.158%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m118.15+0.136%$167K$4.0M8.3xas long as short
HTX SOL-USDT+0.0037%8h118.18+0.162%$230.5M$41.9M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOL-USDC+0.0052%8h118.11+0.099%$10.4Mas long as short
Orderly PERP_SOL_USDC+0.0052%8h118.17+0.152%$1.1M$5.6M100xas long as short
KuCoin SOLUSDTM+0.0054%8h118.20+0.181%$141.2M$173.1M75xas long as short
Kraken Futures PF_SOLUSD+0.0061%1h118.16+0.143%$34.2M$84.5M100xas long as short
Bitget SOLUSDT+0.0065%8h118.14+0.126%$495.4M$437.8M100xas long as short
ApeX Omni SOLUSDT+0.0075%1h118.06+0.060%$1.5M$6.3M50xas long as short
01 Exchange SOLUSD+0.0080%1h118.25+0.220%$114K$134K20xas long as short
OKX SOL-USDT-SWAP+0.0080%8h118.09+0.085%$366.5M$1.67B100xas long as short
Gate SOL_USDT+0.0082%8h118.18+0.161%$859.3M$664.8M100xas long as short
Lighter SOL+0.0096%1h118.10+0.091%$13.4M$49.9M25xas long as short
Lighter RH SOL+0.0096%1h118.12+0.112%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.14+0.130%$351K$748K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.14+0.126%$1.0M$438K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.25+0.220%$42K$737K20xas long as short
Nado SOL-PERP+0.0100%1h118.13+0.118%$5.5M$39.5M40xas long as short
Hyperliquid SOL+0.0100%1h118.28+0.246%$712.6M$426.8M20xas long as short
Aster SOLUSDT+0.0100%8h118.13+0.121%$178.3M$170.1M100xas long as short
Pacifica SOL+0.0100%1h118.20+0.181%$13.4M$106.3M20xas long as short
Binance SOLUSDT+0.0100%8h118.09+0.088%$966.0M$3.64B100xas long as short
Bybit SOLUSDT+0.0100%8h118.10+0.093%$815.8M$1.23B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.13+0.119%$233K$858K10xas long as short
Arcus SOL-USD+0.0100%1h118.24+0.211%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.13+0.119%$477.4M$1.06B300xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.14+0.127%$24.1M$36.7M50xas long as short
Variational Omni SOLshort+0.0100%8h118.13+0.118%$27.9M$118.5M
edgeX SOLUSDC+0.0100%4h118.07+0.068%$94.8M$385.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.12+0.114%$48.4M$32.6M20xas long as short
StandX SOL-USD+0.0100%1h118.09+0.085%$1.4M$13.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.20+0.178%$358K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.14+0.124%$199K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.15+0.135%$37K$14K25xas long as short
SunX SOL-USDT+0.0100%8h118.17+0.154%$192K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.13+0.119%$6.2M$10.9M20xas long as short
Phemex SOLUSDT+0.0100%8h118.13+0.119%$45.9M$96.2M50xas long as short
Bulk SOL-USD+0.0100%1h118.15+0.137%$130.5M$16.3M20xas long as short
Extended SOL-USD+0.0104%1h118.12+0.108%$8.7M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0104%1h118.14+0.131%$7.8M$397.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0048%1h118.17+0.157%$208.0M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0134%1h118.22+0.197%$26.6M$27.2M50xas long as short
Phoenix SOL+0.0149%1h118.13+0.119%$7.4M$11.4M25xas long as short
Hibachi SOL/USDT-P+0.0168%1h118.12+0.111%$118K$557K20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0172% / S −0.0075%1h118.17+0.155%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0181%1h118.13+0.122%$1.1M$534K25xas long as short
RISEx SOL/USDC+0.0185%1h118.26+0.227%$1.6M$6.5M20xas long as short
BloFin SOL-USDT+0.0220%8h118.08+0.076%$51.5M$90.8M125xas long as short