SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.030%

Price spread now: Variational Omni against Kalshi+0.094%7-day average −0.014% · you sell dearer than you buy

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

Long on Kalshi Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.085%+$8 on $10k

Price spread, last 7 days−0.119%−$12 · spread now +0.094%, 7d avg −0.014%

Together, before fees−0.034%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.107% dearer against Kalshi than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXSOLPERP	117.66	0.0103	pay 0.0103% / 8h	1h 07m	$1.3M	$19.3M	3.1x
Short	Variational Omni SOL	117.77	0.0100	get 0.0100% / 8h	5h 07m	$24.4M	$114.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Kalshi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 KalshibpFee Variational OmnibpOrdersPrice spread, now +0.094%Rate

Funding earned: −$0.57
Price spread: +0.094% → −0.014%: $10.7
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $0.13
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Kalshi: live order book, 1 min ago; Variational Omni: RFQ quote, 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 Kalshi live order book, 1 min ago	1.23 bp	7.6 bp −$8	12.3 bp −$123	20.7 bp −$2,072	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	1.23 bp	doesn't fit	1.2 bp −$12	10.8 bp −$1,083	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	117.65	−0.014%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0072%	1h	117.59	−0.059%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.60	−0.055%	$31.6M	$98.9M	100x	as long as short
Bluefin SOL-PERP	−0.0053%	1h	117.61	−0.040%	$25K	$28K	25x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.54	−0.100%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.66	−0.003%	$57K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.56	−0.090%	$4.5M	$24.1M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0031%	1h	117.65	−0.013%	$26.4M	$24.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0032%	1h	117.88	+0.185%	$105K	$696K	20x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	117.65	−0.010%	$100K	$166K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.62	−0.034%	$7.9M	$403.6M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0090%	8h	117.63	−0.027%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.55	−0.093%	$13.2M	$60.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.50	−0.134%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.61	−0.042%	$345K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.64	−0.019%	$56K	$856K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.58	−0.070%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.63	−0.023%	$5.8M	$38.8M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.51	−0.129%	$176.8M	$179.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.57	−0.081%	$14.5M	$128.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.54	−0.104%	$968.5M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.53	−0.115%	$828.0M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.50	−0.138%	$365.2M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.51	−0.129%	$234K	$861K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.53	−0.116%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.96	+0.257%	$136.3M	$17.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.53	−0.112%	$858.7M	$655.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.52	−0.121%	$425.5M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.52	−0.117%	$130.4M	$213.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.47	−0.167%	$486.6M	$431.5M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	117.52	−0.121%	—	$363.0M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.57	−0.078%	$23.6M	$37.3M	50x	as long as short
Variational Omni SOLshort	+0.0100%	8h	117.77	+0.094%	$24.4M	$114.5M	—
edgeX SOLUSDC	+0.0100%	4h	117.72	+0.047%	$94.6M	$391.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.93	+0.228%	$48.3M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.83	+0.143%	$1.7M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.96	+0.253%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.62	−0.036%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.63	−0.029%	$199K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.63	−0.025%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.60	−0.053%	$6.2M	$10.7M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.67	+0.004%	$228.5M	$45.2M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.60	−0.053%	$45.9M	$100.4M	50x	as long as short
Kalshi KXSOLPERPlong	+0.0103%	8h	117.66	long leg	$1.3M	$19.3M	3.1x
Extended SOL-USD	+0.0104%	1h	117.48	−0.152%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.61	−0.040%	—	$215.3M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.99	+0.279%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.58	−0.074%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0171%	1h	117.63	−0.027%	$719.4M	$387.7M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.60	−0.054%	$1.1M	$537K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.49	−0.146%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.69	+0.024%	$51.9M	$71.6M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.68	+0.014%	$127K	$3.7M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.62	−0.033%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0412%	1h	117.81	+0.122%	$25K	$52K	20x	as long as short