Settings8H · net · $10k
Funding arb · Price arb /

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Aevo+0.344%70s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.344% dearer against Aevo than usual: you sell high and buy low, +$34 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo VIRTUAL-PERP0.70940.0104pay 0.0013% / 1h42m 22s$18K3x
ShortApeX Omni VIRTUALUSDT0.71180.0100get 0.0013% / 1h42m 22s$40K$238K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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

Funding earned
−$0.84
Price spread: +0.344% → 0.000%
$34.37
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$7.53
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; ApeX Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell ApeX Omni live order book, 4 min ago6.32 bp14.7 bp −$1592.9 bp −$929doesn't fitdoesn't fit
Aevo: 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.

VIRTUAL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit VIRTUAL_USDC-PERPETUAL−0.0454%1h0.7095+0.019%$15K$40K10xas long as short
01 Exchange VIRTUALUSD−0.0144%1h0.7090−0.051%$2K$10610xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7092−0.029%$2410xas long as short
Phoenix VIRTUAL−0.0112%1h0.7126+0.452%$11K$36K5xas long as short
Lighter VIRTUAL−0.0040%1h0.7095+0.012%$322K$402K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7098+0.069%$14K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117+0.330%$46$88K5.5xas long as short
SoDEX VIRTUAL-USD+0.0052%1h0.7096+0.027%$1K$9K5xas long as short
Bybit VIRTUALUSDT+0.0069%4h0.7089−0.065%$16.3M$18.8M50xas long as short
Orderly PERP_VIRTUAL_USDC+0.0076%4h0.7095+0.019%$14K$1.4M10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid VIRTUAL+0.0100%1h0.7104+0.145%$8.7M$4.1M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7100+0.089%$93K$299K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7103+0.132%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7094+0.005%$16.0M$41.5M75xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7098+0.062%$2.8M$9.8M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7096+0.034%$1.4M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7093−0.009%$15.6M$4.8M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7096+0.034%$3.0M$4.4M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7095+0.019%$6.0M$5.9M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7093−0.009%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7101+0.104%$237K$210K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7108+0.206%$532K$909Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7122+0.400%$19K$262K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7115+0.296%$628K$987K10xas long as short
ApeX Omni VIRTUALUSDTshort+0.0100%1h0.7118+0.344%$40K$238K50x
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7097+0.042%$52K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7097+0.048%$2K$1.3M20xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7094+0.005%$56K$302K10xas long as short
Aevo VIRTUAL-PERPlong+0.0104%1h0.7094long leg$18K3x
Kraken Futures PF_VIRTUALUSD+0.0281%1h0.7104+0.145%$580K$676K50xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0317% / S −0.0269%1h0.7097+0.041%$33K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7101+0.104%$788K$979K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0432%1h0.7162+0.964%$199K$104K50xas long as short