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−0.0012%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against Extended+0.039%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 pays, funding is against you. SoDEX is 0.039% dearer against Extended than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended VIRTUAL-USD0.72910.0104pay 0.0013% / 1h28m 31s$54K$246K10x
ShortSoDEX VIRTUAL-USD0.72940.0092get 0.0011% / 1h28m 31s$1K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$2.61
Price spread: +0.039% → 0.000%
$3.91
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$11.71
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 49 min ago; SoDEX: 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, 49 min ago2.09 bp14.3 bp −$14245.2 bp −$2,452doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Deribit VIRTUAL_USDC-PERPETUAL−0.0298%1h0.7294+0.046%$15K$40K10xas long as short
01 Exchange VIRTUALUSD−0.0144%1h0.7290−0.009%$2K$13110xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7287−0.048%$2410xas long as short
Phoenix VIRTUAL−0.0066%1h0.7326+0.483%$12K$40K5xas long as short
Lighter VIRTUAL−0.0032%1h0.7291−0.001%$332K$415K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0010%1h0.7297+0.084%$9K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−2.382%$46$88K5.5xas long as short
SoDEX VIRTUAL-USDshort+0.0092%1h0.7294+0.039%$1K$9K5x
Orderly PERP_VIRTUAL_USDC+0.0092%4h0.7295+0.060%$14K$1.5M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7305+0.197%$201K$101K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7300+0.132%$73K$44K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7295+0.066%$16.6M$38.5M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7294+0.046%$16.2M$16.6M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7289−0.023%$2.9M$9.5M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7297+0.087%$1.5M$3.0M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7297+0.087%$18.1M$4.3M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7300+0.128%$4.3M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7302+0.156%$6.3M$5.5M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7294+0.046%$8.2Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7302+0.156%$247K$169K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7306+0.206%$537K$878Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7325+0.473%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7300+0.128%$648K$915K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7332+0.567%$40K$245K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7296+0.071%$37K$955K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7288−0.036%$2K$1.3M20xas long as short
Extended VIRTUAL-USDlong+0.0104%1h0.7291long leg$54K$246K10x
Aevo VIRTUAL-PERP+0.0104%1h0.7292+0.024%$18K$5053xas long as short
Hyperliquid VIRTUAL+0.0105%1h0.7312+0.300%$9.1M$4.0M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7296+0.075%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7291+0.005%$816K$847K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0448%1h0.7339+0.663%$199K$94K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0862%1h0.7310+0.266%$597K$582K50xas long as short