Funding arb · Price arb /

SOL

all SOL markets

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: StandX against Variational Omni−0.008%7-day average +0.011% · you buy dearer than you sell

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

Long on Variational Omni Short on StandX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.009%+$1 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.008%, 7d avg +0.011%

Together, before fees+0.010%+ Points / potential airdropVariational Omni: Active · StandX: Active · farm board+$1 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	119.65	0.0100	pay 0.0100% / 8h	50m 13s	$27.4M	$128.7M	—
Short	StandX SOL-USD	119.64	0.0100	get 0.0013% / 1h	50m 13s	$1.4M	$13.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → +0.011%: −$1.98
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee StandX: 4 bp × 2 orders: −$8
Net: −$9.98
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; StandX: live order book, 4 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, 4 min ago	1.17 bp	doesn't fit	2.9 bp −$29	7.1 bp −$710	doesn't fit
Sell StandX live order book, 4 min ago	5.01 bp	9.0 bp −$9	9.4 bp −$94	doesn't fit	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	119.64	−0.005%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.55	−0.081%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0052%	1h	119.45	−0.166%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.55	−0.085%	$113K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.64	−0.009%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.64	−0.010%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.58	−0.059%	$177K	$4.0M	8.3x	as long as short
ApeX Omni SOLUSDT	+0.0045%	1h	119.83	+0.150%	$1.5M	$6.2M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0045%	1h	119.58	−0.058%	$26.7M	$26.0M	50x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	119.60	−0.042%	$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	119.53	−0.097%	$1.1M	$5.9M	100x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.50	−0.127%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.51	−0.117%	$871.2M	$674.2M	100x	as long as short
HTX SOL-USDT	+0.0089%	8h	119.54	−0.090%	$232.7M	$45.0M	75x	as long as short
Lighter SOL	+0.0096%	1h	119.53	−0.104%	$13.7M	$55.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.51	−0.115%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.51	−0.115%	$354K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.56	−0.079%	$8.3M	$418.4M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.62	−0.023%	$1.1M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.59	−0.050%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.63	−0.013%	$6.1M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.64	−0.008%	$724.9M	$410.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.56	−0.075%	$179.0M	$175.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.67	+0.013%	$12.4M	$119.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.52	−0.109%	$984.9M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.55	−0.086%	$830.9M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.52	−0.109%	$373.0M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.66	+0.008%	$234K	$875K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.63	−0.019%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.65	0.000%	$134.3M	$6.6M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.52	−0.109%	$456.2M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.54	−0.095%	$139.6M	$203.7M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.53	−0.099%	$497.8M	$456.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.54	−0.092%	$24.2M	$37.8M	50x	as long as short
Variational Omni SOLlong	+0.0100%	8h	119.65	long leg	$27.4M	$128.7M	—
edgeX SOLUSDC	+0.0100%	4h	119.65	+0.001%	$96.1M	$401.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.76	+0.091%	$49.0M	$31.2M	20x	as long as short
StandX SOL-USDshort	+0.0100%	1h	119.64	−0.008%	$1.4M	$13.4M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	119.57	−0.067%	$371K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.53	−0.099%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.55	−0.080%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.56	−0.072%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.52	−0.109%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.51	−0.117%	$46.7M	$102.6M	50x	as long as short
Phoenix SOL	+0.0100%	1h	119.88	+0.192%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	119.49	−0.130%	$8.7M	$35.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0104%	1h	119.69	+0.037%	$122K	$639K	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	119.53	−0.100%	$32.6M	$96.9M	100x	as long as short
Aftermath Perps SOLUSD	+0.0105%	1h	119.61	−0.034%	$24K	$47K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.56	−0.077%	—	$224.6M	500x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.02	−0.527%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.55	−0.082%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.64	−0.008%	$52.0M	$84.5M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.61	−0.030%	$1.7M	$5.2M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0241% / S −0.0181%	1h	119.54	−0.088%	$3.8M	—	200x	as long as short