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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Aster−0.101%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$570.574% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.368%+$37 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.101%, 7d avg −0.063%
Together, before fees+0.396%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.037% cheaper against Aster than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.063%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster VIRTUALUSDT0.71710.0100pay 0.0050% / 4h2h 00m$93K$302K20x
ShortBloFin VIRTUAL-USDT0.71640.0340get 0.0170% / 4h2h 00m$782K$1.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$50.4
Price spread: −0.101% → −0.063%
−$3.75
Slippage, 4 orders
−$37.44
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$10.78
Costs to cover
0.574%
Break-even
8.5 days
Slippage from Aster: live order book, 46 min ago; BloFin: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 46 min ago0.70 bp11.4 bp −$11138.6 bp −$1,386doesn't fitdoesn't fit
Sell BloFin live order book, 1 min ago2.09 bp11.3 bp −$1117.6 bp −$17650.3 bp −$5,032doesn't fit

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
Reya VIRTUALRUSDPERP−0.0139%1h0.7166−0.079%$2410xas long as short
01 Exchange VIRTUALUSD−0.0120%1h0.7165−0.087%$2K$10610xas long as short
Phoenix VIRTUAL−0.0112%1h0.7172+0.008%$11K$36K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL−0.0029%1h0.7169−0.031%$15K$40K10xas long as short
Lighter VIRTUAL0.0000%1h0.7163−0.115%$325K$403K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7168−0.045%$14K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.756%$46$88K5.5xas long as short
Bybit VIRTUALUSDT+0.0037%4h0.7163−0.115%$16.3M$19.1M50xas long as short
Orderly PERP_VIRTUAL_USDC+0.0074%4h0.7169−0.031%$14K$1.5M10xas long as short
Aster VIRTUALUSDTlong+0.0100%4h0.7171long leg$93K$302K20x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7171+0.002%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7167−0.065%$16.1M$42.3M75xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7168−0.045%$2.9M$10.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7171−0.003%$1.5M$3.5M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7167−0.059%$15.4M$5.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7169−0.031%$3.0M$4.4M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7172+0.011%$6.0M$6.0M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7169−0.031%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7170−0.017%$238K$206K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7170−0.014%$533K$914Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7168−0.047%$19K$262K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7168−0.045%$641K$1.0M10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7185+0.192%$40K$237K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7166−0.073%$51K$1.0M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7170−0.017%$2K$1.4M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7166−0.080%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7164−0.103%$54K$303K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7167−0.052%$18K3xas long as short
Hyperliquid VIRTUAL+0.0105%1h0.7178+0.090%$8.8M$4.1M5xas long as short
Kraken Futures PF_VIRTUALUSD+0.0278%1h0.7173+0.022%$527K$764K50xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0313% / S −0.0258%1h0.7168−0.044%$32K100xas long as short
BloFin VIRTUAL-USDTshort+0.0340%4h0.7164−0.101%$782K$1.0M75x
Coinbase International VIRTUAL-PERP-INTX+0.0432%1h0.7192+0.290%$200K$102K50xas long as short