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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0132%/8h= −14.5% APRnext payment $0.17 per $10,000 · paid last 24h −0.082%
Price spread now: Deribit against Aevo+0.030%7-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
The price spread pays, funding is against you. Deribit is 0.030% dearer against Aevo than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo VIRTUAL-PERP0.71890.0104pay 0.0013% / 1h16m 12s$18K$5053x
ShortDeribit VIRTUAL_USDC-PERPETUAL0.7191−0.0028pay 0.0004% / 1h16m 12s$15K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$27.74
Price spread: +0.030% → 0.000%
$3
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$47.73
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Deribit no order-book sample
Aevo and Deribit: 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
Injective VIRTUAL/USDC PERP−0.0160%1h0.7117−0.999%$46$88K5.5xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7188−0.016%$2410xas long as short
Phoenix VIRTUAL−0.0112%1h0.7193+0.055%$11K$45K5xas long as short
01 Exchange VIRTUALUSD−0.0096%1h0.7188−0.012%$2K$13110xas long as short
Deribit VIRTUAL_USDC-PERPETUALshort−0.0028%1h0.7191+0.030%$15K$40K10x
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7191+0.032%$13K150xas long as short
Variational Omni VIRTUAL+0.0068%4h0.7193+0.059%$528K$878Kas long as short
Orderly PERP_VIRTUAL_USDC+0.0083%4h0.7189+0.002%$14K$1.5M10xas long as short
Lighter VIRTUAL+0.0096%1h0.7185−0.048%$327K$391K5xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7198+0.134%$8.7M$3.7M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7190+0.013%$195K$82K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7194+0.076%$72K$44K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7189+0.002%$16.4M$37.2M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7187−0.026%$15.6M$15.5M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7188−0.012%$2.8M$9.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7192+0.044%$1.5M$2.9M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7188−0.012%$17.2M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7194+0.072%$3.4M$4.0M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7193+0.058%$6.2M$5.3M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7190+0.016%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7192+0.044%$236K$159K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7191+0.029%$19K$257K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7191+0.028%$637K$965K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7195+0.086%$40K$245K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7193+0.058%$30K$810K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7189+0.002%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7188−0.019%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7187−0.028%$53K$246K10xas long as short
Aevo VIRTUAL-PERPlong+0.0104%1h0.7189long leg$18K$5053x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0297% / S −0.0228%1h0.7191+0.032%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7191+0.030%$813K$802K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7203+0.197%$196K$95K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0523%1h0.7200+0.161%$538K$544K50xas long as short