Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against Variational Omni+0.110%7-day average −0.034% · you sell dearer than you buy

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.016%−$2 on $10k

Price spread, last 7 days−0.113%−$11 · spread now +0.110%, 7d avg −0.034%

Together, before fees−0.129%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$13 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: edgeX is 0.144% dearer against Variational Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SOL	119.52	0.0100	pay 0.0100% / 8h	51m 21s	$27.4M	$128.6M	—
Short	edgeX SOLUSDC	119.65	0.0100	get 0.0050% / 4h	51m 21s	$96.1M	$401.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.110%Rate

Funding earned: $0
Price spread: +0.110% → −0.034%: $14.44
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $5.44
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; edgeX: live order book, 3 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, 3 min ago	1.17 bp	doesn't fit	2.9 bp −$29	7.1 bp −$710	doesn't fit
Sell edgeX live order book, 3 min ago	2.51 bp	7.0 bp −$7	7.0 bp −$70	7.1 bp −$709	10.6 bp −$5,310

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	119.69	+0.142%	$849	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.62	+0.085%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0052%	1h	119.53	+0.011%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.67	+0.125%	$113K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.71	+0.161%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.84	+0.271%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.71	+0.157%	$177K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0020%	1h	119.69	+0.143%	$26.8M	$26.0M	50x	as long as short
ApeX Omni SOLUSDT	+0.0045%	1h	119.83	+0.260%	$1.5M	$6.2M	50x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	119.68	+0.135%	$104K	$157K	20x	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	+0.0071%	8h	119.67	+0.125%	$1.1M	$5.9M	100x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.65	+0.110%	—	$10.5M	—	as long as short
HTX SOL-USDT	+0.0088%	8h	119.54	+0.020%	$232.7M	$45.1M	75x	as long as short
Gate SOL_USDT	+0.0089%	8h	119.64	+0.101%	$872.3M	$673.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.72	+0.168%	$13.7M	$55.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.69	+0.147%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.61	+0.073%	$354K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.67	+0.127%	$8.3M	$419.0M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.62	+0.088%	$1.1M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.67	+0.126%	$46K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.72	+0.164%	$6.1M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.75	+0.195%	$725.2M	$410.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.67	+0.124%	$179.2M	$175.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.71	+0.162%	$12.4M	$119.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.65	+0.110%	$985.9M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.67	+0.131%	$832.1M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.65	+0.110%	$373.6M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.66	+0.118%	$234K	$875K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.69	+0.141%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.35	−0.141%	$133.8M	$7.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.65	+0.110%	$457.8M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.65	+0.111%	$139.8M	$203.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.65	+0.106%	$498.2M	$456.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.66	+0.118%	$24.2M	$37.8M	50x	as long as short
Variational Omni SOLlong	+0.0100%	8h	119.52	long leg	$27.4M	$128.6M	—
edgeX SOLUSDCshort	+0.0100%	4h	119.65	+0.110%	$96.1M	$401.3M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	119.76	+0.201%	$49.0M	$31.2M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.69	+0.143%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.65	+0.110%	$372K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.65	+0.106%	$203K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.63	+0.091%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.66	+0.121%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.64	+0.101%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.64	+0.101%	$46.7M	$102.5M	50x	as long as short
Phoenix SOL	+0.0100%	1h	119.88	+0.302%	$6.6M	$13.7M	25x	as long as short
Aftermath Perps SOLUSD	+0.0103%	1h	119.62	+0.086%	$24K	$47K	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.62	+0.087%	$8.7M	$35.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0104%	1h	119.69	+0.147%	$122K	$639K	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	119.66	+0.118%	$32.7M	$97.0M	100x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.66	+0.122%	—	$224.6M	500x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.02	−0.417%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.63	+0.094%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.81	+0.244%	$52.1M	$84.5M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.69	+0.141%	$1.7M	$5.2M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0241% / S −0.0186%	1h	119.66	+0.119%	$3.8M	—	200x	as long as short