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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.16 per $10,000 · paid last 24h −0.018%
Price spread now: Variational Omni against BingX+0.071%7-day average −0.014% · 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 3 days (all we have)−0.049%−$5 on $10k
Price spread, last 3 days (all we have)+0.116%+$12 · spread now +0.071%, 7d avg −0.014%
Together, before fees+0.066%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.085% dearer against BingX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.014%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX VIRTUAL-USDT0.71880.0100pay 0.0050% / 4h2h 18m$8.1M
ShortVariational Omni VIRTUAL0.71930.0068get 0.0034% / 4h2h 18m$528K$878K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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
−$6.65
Price spread: +0.071% → −0.014%
$8.52
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$8.13
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; Variational Omni: RFQ quote, 6 min ago. 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 BingX live order book, 4 min ago0.69 bp8.3 bp −$811.6 bp −$11616.7 bp −$1,67359.6 bp −$29.8K
Sell Variational Omni RFQ quote, 6 min ago4.18 bpdoesn't fit20.9 bp −$209doesn't fitdoesn'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
Injective VIRTUAL/USDC PERP−0.0160%1h0.7117−0.988%$46$88K5.5xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7187−0.017%$2410xas long as short
Phoenix VIRTUAL−0.0112%1h0.7196+0.111%$11K$45K5xas long as short
01 Exchange VIRTUALUSD−0.0096%1h0.71880.000%$2K$13110xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7195+0.097%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7193+0.072%$13K150xas long as short
Variational Omni VIRTUALshort+0.0068%4h0.7193+0.071%$528K$878K
Orderly PERP_VIRTUAL_USDC+0.0083%4h0.7192+0.056%$14K$1.5M10xas long as short
Lighter VIRTUAL+0.0088%1h0.7186−0.029%$327K$391K5xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7197+0.122%$8.7M$3.7M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7190+0.033%$195K$82K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7191+0.037%$72K$44K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7188+0.003%$16.4M$37.1M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7184−0.056%$15.6M$15.5M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7186−0.028%$2.8M$9.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7191+0.042%$1.5M$2.9M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7189+0.014%$17.2M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7193+0.070%$3.1M$3.9M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7193+0.070%$6.2M$5.3M25xas long as short
BingX VIRTUAL-USDTlong+0.0100%4h0.7188long leg$8.1M
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7197+0.125%$236K$159K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7195+0.097%$19K$256K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7182−0.083%$636K$974K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7195+0.097%$40K$245K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7192+0.053%$30K$810K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7193+0.070%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7191+0.049%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7186−0.031%$53K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7191+0.041%$18K$5053xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0298% / S −0.0228%1h0.7193+0.070%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7194+0.083%$816K$804K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7203+0.209%$196K$95K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0523%1h0.7202+0.198%$538K$543K50xas long as short