Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against MEXC−0.006%7-day average +0.007% · you buy dearer than you sell

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.001%$0 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.006%, 7d avg +0.007%

Together, before fees+0.002%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	116.62	0.0100	pay 0.0100% / 8h	4h 21m	$387.8M	$1.08B	300x
Short	Variational Omni SOL	116.61	0.0100	get 0.0100% / 8h	4h 21m	$24.3M	$113.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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 MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → +0.007%: −$1.27
Slippage, 4 orders: no order book: not counted
Fee MEXC: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$3.27
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.4 bp −$244	4.9 bp −$2,465
Sell Variational Omni RFQ quote, 2 min ago	1.20 bp	doesn't fit	2.8 bp −$28	10.9 bp −$1,088	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
Hibachi SOL/USDT-P	−0.0128%	1h	116.68	+0.052%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.67	+0.042%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.68	+0.050%	$912	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.69	+0.060%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.74	+0.101%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.70	+0.069%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0031%	1h	116.65	+0.024%	$1.9M	$2.9M	13x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.79	+0.146%	$99K	$172K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.69	+0.064%	$7.4M	$404.8M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.68	+0.054%	$31.1M	$100.2M	100x	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	+0.0091%	8h	116.72	+0.084%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.69	+0.057%	$13.1M	$60.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.67	+0.044%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.70	+0.073%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.70	+0.069%	$51K	$868K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.77	+0.127%	$1.0M	$549K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.68	+0.050%	$5.3M	$39.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.70	+0.069%	$704.4M	$395.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.59	−0.022%	$174.7M	$182.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.73	+0.096%	$15.7M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.62	0.000%	$969.4M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.55	−0.058%	$782.0M	$1.35B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.60	−0.017%	$369.3M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.71	+0.077%	$231K	$847K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.77	+0.126%	$929K	$9.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.61	−0.009%	$841.8M	$662.5M	100x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	116.62	long leg	$387.8M	$1.08B	300x
KuCoin SOLUSDTM	+0.0100%	8h	116.63	+0.005%	$127.8M	$219.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.62	−0.003%	$479.2M	$441.5M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.60	−0.016%	—	$365.3M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.61	−0.009%	$23.3M	$38.3M	50x	as long as short
Variational Omni SOLshort	+0.0100%	8h	116.61	−0.006%	$24.3M	$113.7M	—
edgeX SOLUSDC	+0.0100%	4h	116.72	+0.087%	$93.7M	$398.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.73	+0.091%	$47.7M	$30.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.81	+0.163%	$1.3M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.69	+0.060%	$1.3M	$12.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.74	+0.103%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.67	+0.047%	$147K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.69	+0.063%	$25K	$30K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.73	+0.097%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.69	+0.060%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.61	−0.006%	$226.4M	$47.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.66	+0.034%	$45.6M	$102.1M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.70	+0.069%	$133.2M	$21.0M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.57	−0.040%	$8.3M	$37.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.75	+0.108%	—	$231.0M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0127%	1h	116.74	+0.103%	$26.4M	$25.4M	50x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.73	+0.094%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.83	+0.180%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.69	+0.063%	$1.1M	$540K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.69	+0.060%	$51.8M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0181%	1h	116.69	+0.057%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.73	+0.096%	$139K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0526%	1h	116.76	+0.123%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.82	+0.172%	$1.9M	$4.9M	20x	as long as short