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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0097%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Aevo against gTrade (Gains Network)−0.021%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.021% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) VIRTUAL/USD0.7194L +0.0007% / S −0.0001%pay 0.0001% / 1h6m 52s$4K150x
ShortAevo VIRTUAL-PERP0.71930.0104get 0.0013% / 1h6m 52s$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$20.44
Price spread: −0.021% → 0.000%
−$2.07
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$7.63
Costs to cover
0.260%
Break-even
9.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Aevo: 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 gTrade (Gains Network) no order-book sample
Sell Aevo no order-book sample
gTrade (Gains Network) and Aevo: 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 32 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%1h0.7192−0.028%$2410xas long as short
01 Exchange VIRTUALUSD−0.0064%1h0.7182−0.172%$2K$13110xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7195+0.009%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDlongL +0.0007% / S −0.0001%1h0.7194long leg$4K150x
Phoenix VIRTUAL+0.0011%1h0.7192−0.026%$11K$46K5xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−1.075%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0089%4h0.7193−0.019%$14K$1.5M10xas long as short
Lighter VIRTUAL+0.0096%1h0.7191−0.039%$327K$415K5xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7202+0.113%$8.8M$4.1M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7191−0.046%$98K$296K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.71940.000%$71K$45K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7191−0.042%$16.4M$41.5M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7193−0.019%$16.6M$18.5M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7194−0.005%$2.8M$9.9M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7195+0.009%$1.4M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7193−0.019%$17.4M$4.3M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7193−0.019%$3.0M$4.4M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7195+0.009%$6.2M$6.0M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7192−0.033%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7198+0.051%$243K$170K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7186−0.113%$535K$909Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7169−0.353%$19K$260K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7173−0.291%$635K$881K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7169−0.352%$40K$240K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7195+0.011%$52K$1.2M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7185−0.130%$2K$1.4M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7198+0.044%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7190−0.056%$54K$275K10xas long as short
Aevo VIRTUAL-PERPshort+0.0104%1h0.7193−0.021%$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7194−0.012%$30K100xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7216+0.301%$189K$86K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.1025%1h0.7205+0.145%$594K$670K50xas long as short