VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0441%/8h= +48.3% APRnext payment +$0.55 per $10,000 · paid last 24h +0.098%

Price spread now: Coinbase International against gTrade (Gains Network)+0.372%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Coinbase International

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.372% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) VIRTUAL/USD	0.7312	L +0.0007% / S −0.0010%	pay 0.0001% / 1h	30m 55s	$9K	—	150x
Short	Coinbase International VIRTUAL-PERP-INTX	0.7339	0.0448	get 0.0056% / 1h	30m 55s	$199K	$97K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now +0.372%Rate

Funding earned: $92.57
Price spread: +0.372% → 0.000%: $37.16
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $109.73
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 47 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 47 min ago	6.26 bp	28.1 bp −$28	566.9 bp −$5,669	doesn't fit	doesn't fit

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit VIRTUAL_USDC-PERPETUAL	−0.0297%	1h	0.7310	−0.025%	$15K	$40K	10x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7307	−0.068%	$24	—	10x	as long as short
01 Exchange VIRTUALUSD	−0.0136%	1h	0.7298	−0.189%	$2K	$131	10x	as long as short
Phoenix VIRTUAL	−0.0066%	1h	0.7326	+0.192%	$12K	$40K	5x	as long as short
Lighter VIRTUAL	0.0000%	1h	0.7304	−0.106%	$332K	$415K	5x	as long as short
gTrade (Gains Network) VIRTUAL/USDlong	L +0.0007% / S −0.0010%	1h	0.7312	long leg	$9K	—	150x
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	−2.665%	$46	$88K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0093%	4h	0.7310	−0.025%	$14K	$1.5M	10x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	0.7306	−0.084%	$201K	$101K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7313	+0.016%	$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	0.7298	−0.184%	$16.6M	$38.4M	75x	as long as short
Bybit VIRTUALUSDT	+0.0100%	4h	0.7301	−0.148%	$16.2M	$16.6M	50x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7298	−0.189%	$2.9M	$9.5M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7310	−0.025%	$1.5M	$3.0M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7297	−0.203%	$18.1M	$4.3M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7308	−0.052%	$4.4M	$4.2M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7307	−0.066%	$6.3M	$5.5M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7302	−0.134%	—	$8.2M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7307	−0.066%	$247K	$169K	10x	as long as short
Variational Omni VIRTUAL	+0.0100%	4h	0.7306	−0.084%	$537K	$878K	—	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7325	+0.182%	$19K	$258K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7322	+0.145%	$650K	$915K	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7332	+0.276%	$40K	$245K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7314	+0.035%	$37K	$955K	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7304	−0.107%	$2K	$1.3M	20x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	0.7307	−0.073%	$1K	$9K	5x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7297	−0.206%	$54K	$246K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7309	−0.044%	$18K	$505	3x	as long as short
Hyperliquid VIRTUAL	+0.0115%	1h	0.7315	+0.046%	$9.1M	$4.0M	5x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0300% / S −0.0228%	1h	0.7312	−0.002%	$31K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7304	−0.107%	$818K	$848K	75x	as long as short
Coinbase International VIRTUAL-PERP-INTXshort	+0.0448%	1h	0.7339	+0.372%	$199K	$97K	50x
Kraken Futures PF_VIRTUALUSD	+0.0860%	1h	0.7323	+0.151%	$598K	$582K	50x	as long as short