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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.04 per $10,000 · paid last 24h −0.010%
Price spread now: Orderly against Aster−0.059%7-day average −0.059% · 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)−0.141%−$14 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.059%, 7d avg −0.059%
Together, before fees−0.201%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster VIRTUALUSDT0.71430.0100pay 0.0050% / 4h5m 21s$96K$293K20x
ShortOrderly PERP_VIRTUAL_USDC0.71390.0093get 0.0046% / 4h5m 21s$14K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$1.55
Price spread: −0.059% → −0.059%
$0
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$15.55
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 52 min ago; Orderly: 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 Aster live order book, 52 min ago11.15 bp16.0 bp −$16127.8 bp −$1,278doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Reya VIRTUALRUSDPERP−0.0139%1h0.7138−0.075%$2410xas long as short
01 Exchange VIRTUALUSD−0.0064%1h0.7138−0.073%$2K$13110xas long as short
Lighter VIRTUAL−0.0048%1h0.7138−0.072%$325K$415K5xas long as short
Phoenix VIRTUAL−0.0034%1h0.7173+0.417%$11K$37K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL−0.0030%1h0.7145+0.025%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7139−0.065%$14K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.367%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDCshort+0.0093%4h0.7139−0.059%$14K$1.4M10x
Hyperliquid VIRTUAL+0.0100%1h0.7146+0.044%$8.7M$4.1M5xas long as short
Aster VIRTUALUSDTlong+0.0100%4h0.7143long leg$96K$293K20x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7143−0.004%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7138−0.073%$16.2M$40.6M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7135−0.115%$16.4M$18.4M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7140−0.045%$2.8M$9.9M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7140−0.045%$1.5M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7139−0.059%$17.4M$4.5M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7142−0.017%$2.9M$4.3M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7142−0.017%$6.1M$5.8M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7137−0.087%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7146+0.039%$239K$208K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7141−0.035%$534K$913Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7154+0.145%$19K$261K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7153+0.137%$639K$913K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7155+0.165%$40K$238K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7143−0.002%$54K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7147+0.053%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7147+0.046%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7140−0.039%$54K$265K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7136−0.096%$18K3xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0315% / S −0.0265%1h0.7139−0.058%$33K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7156+0.179%$796K$897K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0416%1h0.7184+0.571%$201K$105K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0802%1h0.7156+0.178%$591K$663K50xas long as short