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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1257%/8h= +137.6% APRnext payment +$1.57 per $10,000 · paid last 24h +0.002%
Price spread now: Aevo against ApeX Omni−0.555%7-day average · you buy dearer than you sell
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 pays, the price is against you. Aevo is 0.555% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.555% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$55 on $10k: about 35 hours of funding at the current rate (+$38 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni VIRTUALUSDT0.7222−0.1153get 0.0144% / 1h55m 16s$41K$244K50x
ShortAevo VIRTUAL-PERP0.71820.0104get 0.0013% / 1h55m 16s$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX 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

Funding earned
$263.96
Price spread: −0.555% → 0.000%
−$55.5
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$182.46
Costs to cover
0.260%
Break-even
2.2 days
Slippage unknown: ApeX Omni: live order book, 11 min ago; Aevo: 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 ApeX Omni live order book, 11 min ago5.43 bp15.0 bp −$1581.5 bp −$815doesn't fitdoesn't fit
Sell Aevo no order-book sample
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
ApeX Omni VIRTUALUSDTlong−0.1153%1h0.7222long leg$41K$244K50x
Deribit VIRTUAL_USDC-PERPETUAL−0.0306%1h0.7184−0.526%$15K$40K10xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7181−0.562%$2410xas long as short
01 Exchange VIRTUALUSD−0.0112%1h0.7182−0.554%$2K$13110xas long as short
Phoenix VIRTUAL−0.0109%1h0.7204−0.255%$11K$46K5xas long as short
Lighter VIRTUAL−0.0048%1h0.7181−0.572%$326K$413K5xas long as short
SoDEX VIRTUAL-USD−0.0031%1h0.7183−0.540%$1K$9K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0001%1h0.7186−0.493%$4K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−1.454%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0090%4h0.7184−0.526%$14K$1.5M10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid VIRTUAL+0.0100%1h0.7191−0.425%$8.9M$4.1M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7186−0.502%$170K$194K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7196−0.358%$71K$45K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7186−0.495%$16.5M$40.9M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7185−0.512%$16.2M$17.7M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7184−0.526%$2.8M$9.7M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7186−0.498%$1.4M$3.1M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7186−0.498%$17.3M$4.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7188−0.471%$4.3M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7181−0.568%$6.2M$5.9M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7185−0.512%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7193−0.402%$249K$174K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7183−0.535%$526K$898Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7225+0.048%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7205−0.229%$641K$877K10xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7187−0.479%$51K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7182−0.554%$2K$1.3M20xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7182−0.553%$54K$272K10xas long as short
Aevo VIRTUAL-PERPshort+0.0104%1h0.7182−0.555%$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7188−0.476%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7190−0.443%$833K$849K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7288+0.914%$198K$93K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.1026%1h0.7196−0.358%$594K$660K50xas long as short