VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: edgeX against BloFin+0.290%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs+$1as in the Price arb table

costs, in and out, $10k−$330.325% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.405%−$41 on $10k

Price spread, last 3 days (all we have)−0.310%−$31 · spread now +0.290%, 7d avg −0.041%

Together, before fees−0.715%+ Points / potential airdropedgeX: Active · farm board−$72 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.331% dearer against BloFin than usual: you sell high and buy low (spread +0.290% now, against its 7-day average of −0.041%): +$33 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VIRTUAL-USDT	0.7304	0.0340	pay 0.0170% / 4h	30m 07s	$818K	$848K	75x
Short	edgeX VIRTUALUSDC	0.7325	0.0100	get 0.0050% / 4h	30m 07s	$19K	$258K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now +0.290%Rate

Funding earned: −$50.4
Price spread: +0.290% → −0.041%: $33.1
Slippage, 4 orders: −$11.54
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$49.84
Costs to cover: 0.325%
Break-even: from the start

Slippage from BloFin: live order book, 47 min ago; edgeX: live order book, 47 min ago.

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 BloFin live order book, 47 min ago	1.39 bp	8.6 bp −$9	18.9 bp −$189	53.9 bp −$5,392	doesn't fit
Sell edgeX live order book, 47 min ago	2.09 bp	7.3 bp −$7	30.8 bp −$308	doesn't fit	doesn't fit

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	−0.0435%	1h	0.7297	−0.096%	$15K	$40K	10x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7298	−0.087%	$24	—	10x	as long as short
01 Exchange VIRTUALUSD	−0.0136%	1h	0.7297	−0.096%	$2K	$131	10x	as long as short
Phoenix VIRTUAL	−0.0066%	1h	0.7326	+0.300%	$12K	$40K	5x	as long as short
Lighter VIRTUAL	−0.0024%	1h	0.7292	−0.157%	$332K	$415K	5x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0010%	1h	0.7301	−0.044%	$9K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	−2.560%	$46	$88K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0092%	4h	0.7296	−0.110%	$14K	$1.5M	10x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	0.7302	−0.030%	$200K	$101K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7297	−0.098%	$73K	$44K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VIRTUALUSDT	+0.0100%	4h	0.7293	−0.151%	$16.6M	$38.4M	75x	as long as short
Bybit VIRTUALUSDT	+0.0100%	4h	0.7293	−0.151%	$16.2M	$16.6M	50x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7292	−0.164%	$2.9M	$9.5M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7296	−0.110%	$1.5M	$3.0M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7295	−0.123%	$18.1M	$4.3M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7298	−0.082%	$4.3M	$4.2M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7298	−0.082%	$6.3M	$5.5M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7293	−0.151%	—	$8.2M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7299	−0.068%	$247K	$169K	10x	as long as short
Variational Omni VIRTUAL	+0.0100%	4h	0.7306	+0.023%	$537K	$878K	—	as long as short
edgeX VIRTUALUSDCshort	+0.0100%	4h	0.7325	+0.290%	$19K	$258K	10x
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7322	+0.253%	$650K	$915K	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7332	+0.383%	$40K	$245K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7304	−0.005%	$37K	$955K	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7296	−0.110%	$2K	$1.3M	20x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	0.7296	−0.116%	$1K	$9K	5x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7296	−0.104%	$54K	$246K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7296	−0.103%	$18K	$505	3x	as long as short
Hyperliquid VIRTUAL	+0.0108%	1h	0.7306	+0.022%	$9.1M	$4.0M	5x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0300% / S −0.0228%	1h	0.7301	−0.039%	$31K	—	100x	as long as short
BloFin VIRTUAL-USDTlong	+0.0340%	4h	0.7304	long leg	$818K	$848K	75x
Coinbase International VIRTUAL-PERP-INTX	+0.0448%	1h	0.7339	+0.479%	$199K	$97K	50x	as long as short
Kraken Futures PF_VIRTUALUSD	+0.0861%	1h	0.7315	+0.144%	$598K	$582K	50x	as long as short