Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.8% APRpaid last 24h +0.054%

Price spread now: Aftermath Perps against Variational Omni+0.162%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aftermath Perps

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 days—no 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 $0 a day on $10k at the current rate, and Aftermath Perps is 0.162% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SOL	118.48	0.0100	pay 0.0100% / 8h	3m 19s	$27.0M	$128.9M	—
Short	Aftermath Perps SOLUSD	118.67	0.0117	get 0.0015% / 1h	3m 19s	$24K	$47K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now +0.162%Rate

Funding earned: $3.47
Price spread: +0.162% → 0.000%: $16.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $10.62
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aftermath Perps: no order-book sample. 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, 1 min ago	1.18 bp	doesn't fit	2.5 bp −$25	11.2 bp −$1,120	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Derive SOL-PERP	−0.0100%	1h	118.69	+0.177%	$2.0M	$2.8M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.76	+0.235%	$842	$8K	25x	as long as short
Vest SOL-PERP	−0.0078%	1h	118.71	+0.197%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0019%	1h	118.76	+0.240%	$4.8M	$28.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.79	+0.262%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.65	+0.144%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.77	+0.247%	$175K	$3.9M	8.3x	as long as short
ApeX Omni SOLUSDT	+0.0002%	1h	118.55	+0.060%	$1.5M	$6.1M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0040%	1h	118.82	+0.288%	$26.6M	$25.7M	50x	as long as short
Gate SOL_USDT	+0.0065%	8h	118.76	+0.237%	$860.1M	$689.6M	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	+0.0077%	8h	118.78	+0.255%	$1.0M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0079%	8h	118.69	+0.176%	$231.0M	$45.1M	75x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	118.78	+0.254%	$104K	$158K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	118.79	+0.264%	—	$369.4M	—	as long as short
Hibachi SOL/USDT-P	+0.0088%	1h	118.79	+0.266%	$122K	$642K	20x	as long as short
Lighter SOL	+0.0096%	1h	118.75	+0.227%	$13.4M	$56.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.74	+0.224%	$2.1M	$17.1M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.79	+0.261%	$352K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.80	+0.271%	$8.1M	$416.5M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.76	+0.238%	$1.0M	$521K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.74	+0.220%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.75	+0.229%	$5.8M	$40.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.88	+0.338%	$718.9M	$407.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.77	+0.246%	$178.4M	$177.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.79	+0.263%	$12.2M	$122.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.77	+0.247%	$979.9M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.79	+0.263%	$823.4M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.75	+0.229%	$370.8M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.44	−0.033%	$230K	$871K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.79	+0.262%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.65	+0.142%	$133.6M	$4.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.79	+0.262%	$426.9M	$1.14B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.79	+0.260%	$137.5M	$206.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.76	+0.236%	$492.8M	$458.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.81	+0.279%	$24.1M	$38.6M	50x	as long as short
Variational Omni SOLlong	+0.0100%	8h	118.48	long leg	$27.0M	$128.9M	—
edgeX SOLUSDC	+0.0100%	4h	118.60	+0.101%	$95.3M	$403.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.57	+0.074%	$48.6M	$30.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.79	+0.262%	$1.4M	$13.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.78	+0.254%	$361K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.77	+0.244%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.77	+0.249%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.74	+0.217%	$192K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.76	+0.237%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.75	+0.229%	$46.5M	$102.5M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.64	+0.136%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.74	+0.220%	$8.7M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	118.77	+0.245%	$32.6M	$97.1M	100x	as long as short
Aftermath Perps SOLUSDshort	+0.0117%	1h	118.67	+0.162%	$24K	$47K	20x
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.78	+0.251%	—	$225.8M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0166% / S −0.0070%	1h	118.78	+0.252%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	118.66	+0.153%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0185%	1h	118.77	+0.246%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.59	+0.094%	$51.8M	$80.0M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	118.76	+0.238%	$1.8M	$4.8M	20x	as long as short