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 −0.008%

Price spread now: OKX against Variational Omni−0.003%7-day average −0.019% · you buy dearer than you sell

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.008%−$1 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.003%, 7d avg −0.019%

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	Variational Omni SOL	116.49	0.0100	pay 0.0100% / 8h	4h 41m	$24.4M	$114.8M	—
Short	OKX SOL-USDT-SWAP	116.49	0.0100	get 0.0100% / 8h	4h 41m	$366.8M	$1.67B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → −0.019%: $1.59
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$8.41
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; OKX: 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, 2 min ago	1.20 bp	doesn't fit	1.2 bp −$12	7.5 bp −$745	doesn't fit
Sell OKX live order book, 2 min ago	0.43 bp	5.4 bp −$5	5.6 bp −$56	10.4 bp −$1,039	19.6 bp −$9,821

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
Vest SOL-PERP	−0.0090%	1h	116.42	−0.060%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.46	−0.026%	$911	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0056%	1h	116.59	+0.083%	$103K	$700K	20x	as long as short
Derive SOL-PERP	−0.0016%	1h	116.34	−0.135%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.43	−0.055%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.49	−0.001%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	0.0000%	1h	116.46	−0.032%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	116.43	−0.054%	$99K	$169K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.41	−0.070%	$7.5M	$403.7M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.42	−0.065%	$31.0M	$100.4M	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	116.43	−0.054%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.42	−0.064%	$13.0M	$59.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.41	−0.072%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.44	−0.047%	$341K	$236K	20x	as long as short
Katana Perps SOL-USD	+0.0098%	8h	116.37	−0.106%	$50K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.52	+0.023%	$987K	$534K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.39	−0.090%	$5.4M	$39.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.50	+0.006%	$705.0M	$395.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.45	−0.037%	$175.0M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.54	+0.042%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.48	−0.012%	$964.2M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.42	−0.067%	$784.8M	$1.34B	100x	as long as short
OKX SOL-USDT-SWAPshort	+0.0100%	8h	116.49	−0.003%	$366.8M	$1.67B	100x
Ondo Perps SOL-USD.P	+0.0100%	1h	116.43	−0.054%	$232K	$846K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.40	−0.078%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.65	+0.134%	$133.5M	$20.6M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.45	−0.037%	$845.0M	$656.1M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.47	−0.020%	$418.1M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.46	−0.029%	$126.2M	$217.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.42	−0.060%	$478.3M	$441.7M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.46	−0.028%	—	$364.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.42	−0.063%	$23.2M	$37.5M	50x	as long as short
Variational Omni SOLlong	+0.0100%	8h	116.49	long leg	$24.4M	$114.8M	—
edgeX SOLUSDC	+0.0100%	4h	116.46	−0.025%	$93.5M	$398.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.62	+0.109%	$47.7M	$29.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.67	+0.155%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.60	+0.091%	$1.3M	$13.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.44	−0.046%	$321K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.41	−0.069%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.41	−0.069%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.42	−0.063%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.42	−0.063%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.36	−0.110%	$225.9M	$46.6M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.44	−0.046%	$45.5M	$101.6M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0104%	1h	116.46	−0.025%	$26.2M	$25.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.42	−0.061%	$7.9M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.47	−0.016%	—	$228.5M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	+0.057%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.52	+0.023%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.40	−0.082%	$1.1M	$539K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.56	+0.057%	$51.7M	$72.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.42	−0.064%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.46	−0.028%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0515%	1h	116.62	+0.106%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.47	−0.020%	$1.9M	$4.9M	20x	as long as short