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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.031%
Price spread now: GMX against Extended+0.001%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended VIRTUAL-USD0.71800.0104pay 0.0013% / 1h45m 04s$54K$277K10x
ShortGMX VIRTUAL/USD [WBTC.b-USDC]0.7180L +0.0299% / S −0.0228%get 0.0029% / 1h45m 04s$30K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$26.08
Price spread: +0.001% → 0.000%
$0.12
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$9.2
Costs to cover
0.170%
Break-even
4.5 days
Slippage unknown: Extended: live order book, 17 min ago; GMX: 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 Extended live order book, 17 min ago1.94 bp14.6 bp −$15184.3 bp −$1,843doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h0.7178−0.022%$2410xas long as short
01 Exchange VIRTUALUSD−0.0064%1h0.7174−0.079%$2K$13110xas long as short
Phoenix VIRTUAL0.0000%1h0.7165−0.207%$11K$37K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7181+0.019%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0001%1h0.7179−0.004%$4K150xas long as short
Lighter VIRTUAL+0.0016%1h0.7179−0.009%$326K$413K5xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.873%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0089%4h0.7180+0.005%$14K$1.5M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7192+0.171%$8.8M$4.1M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7179−0.003%$97K$291K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7168−0.164%$71K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7183+0.053%$16.4M$40.7M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7183+0.047%$16.6M$18.2M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7184+0.061%$2.9M$9.7M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7185+0.075%$1.4M$3.2M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7182+0.033%$17.3M$4.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7181+0.019%$3.0M$4.4M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7185+0.075%$6.2M$6.0M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7183+0.047%$8.0Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7188+0.116%$240K$160K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7162−0.242%$532K$909Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7159−0.287%$19K$261K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7157−0.315%$635K$867K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7179−0.009%$40K$240K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7184+0.061%$52K$999K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7183+0.047%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7180+0.012%$1K$9K5xas long as short
Extended VIRTUAL-USDlong+0.0104%1h0.7180long leg$54K$277K10x
Aevo VIRTUAL-PERP+0.0104%1h0.7180+0.008%$18K3xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]shortL +0.0299% / S −0.0228%1h0.7180+0.001%$30K100x
BloFin VIRTUAL-USDT+0.0340%4h0.7178−0.023%$814K$844K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7170−0.134%$187K$82K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0910%1h0.7192+0.179%$597K$688K50xas long as short