VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0239%/8h= −26.2% APRnext payment −$0.30 per $10,000 · paid last 24h −0.072%

Price spread now: Reya against ApeX Omni−0.121%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Reya is 0.121% cheaper against ApeX Omni than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni VIRTUALUSDT	0.7146	0.0100	pay 0.0013% / 1h	39m 25s	$40K	$234K	50x
Short	Reya VIRTUALRUSDPERP	0.7137	−0.0139	pay 0.0017% / 1h	39m 25s	$24	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee ReyabpOrdersPrice spread, now −0.121%Rate

Funding earned: −$50.18
Price spread: −0.121% → 0.000%: −$12.06
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$78.24
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 57 min ago; Reya: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 57 min ago	7.02 bp	13.7 bp −$14	101.7 bp −$1,017	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit VIRTUAL_USDC-PERPETUAL	−0.0590%	1h	0.7138	−0.112%	$15K	$40K	10x	as long as short
Kraken Futures PF_VIRTUALUSD	−0.0225%	1h	0.7149	+0.042%	$515K	$739K	50x	as long as short
Reya VIRTUALRUSDPERPshort	−0.0139%	1h	0.7137	−0.121%	$24	—	10x
Bybit VIRTUALUSDT	−0.0107%	4h	0.7139	−0.098%	$16.3M	$18.7M	50x	as long as short
Lighter VIRTUAL	−0.0080%	1h	0.7140	−0.077%	$322K	$401K	5x	as long as short
Variational Omni VIRTUAL	−0.0062%	4h	0.7137	−0.121%	$535K	$756K	—	as long as short
Phoenix VIRTUAL	−0.0034%	1h	0.7146	+0.001%	$11K	$36K	5x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0006%	1h	0.7145	−0.016%	$22K	—	150x	as long as short
SoDEX VIRTUAL-USD	+0.0033%	1h	0.7143	−0.046%	$1K	$9K	5x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	−0.406%	$46	$88K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_VIRTUAL_USDC	+0.0073%	4h	0.7138	−0.112%	$15K	$1.8M	10x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	0.7150	+0.061%	$92K	$302K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7149	+0.040%	$70K	$43K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	0.7142	−0.056%	$16.0M	$41.8M	75x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7140	−0.084%	$2.9M	$10.1M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7147	+0.014%	$1.5M	$3.2M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7141	−0.070%	$15.8M	$5.1M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7144	−0.028%	$3.3M	$4.5M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7146	0.000%	$6.0M	$5.7M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7140	−0.084%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7149	+0.042%	$237K	$175K	10x	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7139	−0.096%	$19K	$257K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7148	+0.029%	$641K	$1.2M	10x	as long as short
ApeX Omni VIRTUALUSDTlong	+0.0100%	1h	0.7146	long leg	$40K	$234K	50x
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7148	+0.035%	$47K	$1.1M	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7135	−0.154%	$1K	$1.3M	20x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7141	−0.076%	$55K	$307K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7136	−0.142%	$18K	—	3x	as long as short
Hyperliquid VIRTUAL	+0.0170%	1h	0.7153	+0.094%	$8.8M	$3.8M	5x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0313% / S −0.0258%	1h	0.7151	+0.067%	$32K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7136	−0.140%	$779K	$1.0M	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0512%	1h	0.7168	+0.308%	$200K	$101K	50x	as long as short
01 Exchange VIRTUALUSD	+0.6264%	1h	0.7277	+1.833%	$2K	$106	10x	as long as short