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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Extended against gTrade (Gains Network)−0.013%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 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) VIRTUAL/USD0.7332L +0.0007% / S −0.0010%pay 0.0001% / 1h41m 26s$9K150x
ShortExtended VIRTUAL-USD0.73310.0104get 0.0013% / 1h41m 26s$58K$249K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$20.33
Price spread: −0.013% → 0.000%
−$1.3
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$4.03
Costs to cover
0.150%
Break-even
5.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 31 min ago. 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 Extended live order book, 31 min ago2.75 bp15.6 bp −$16152.0 bp −$1,520doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya VIRTUALRUSDPERP−0.0139%1h0.7333+0.017%$2510xas long as short
Phoenix VIRTUAL−0.0109%1h0.7302−0.402%$11K$40K5xas long as short
01 Exchange VIRTUALUSD−0.0088%1h0.7333+0.018%$2K$13110xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7329−0.037%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDlongL +0.0007% / S −0.0010%1h0.7332long leg$9K150x
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−2.928%$46$88K5.5xas long as short
Lighter VIRTUAL+0.0056%1h0.7327−0.071%$332K$417K5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0088%4h0.7330−0.023%$14K$1.5M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7335+0.048%$200K$158K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7335+0.049%$73K$45K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VIRTUALUSDT+0.0100%4h0.7332+0.008%$16.9M$39.6M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7330−0.023%$16.4M$17.0M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7327−0.064%$2.9M$9.7M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7334+0.032%$1.5M$3.0M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7334+0.032%$18.5M$4.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7334+0.032%$4.4M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7340+0.113%$6.4M$5.6M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7332+0.004%$8.2Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7334+0.032%$249K$166K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7302−0.407%$546K$888Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7304−0.373%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7318−0.192%$650K$916K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7299−0.446%$40K$244K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7339+0.105%$45K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7327−0.064%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7329−0.030%$1K$9K5xas long as short
Extended VIRTUAL-USDshort+0.0104%1h0.7331−0.013%$58K$249K10x
Aevo VIRTUAL-PERP+0.0104%1h0.7328−0.047%$18K3xas long as short
Hyperliquid VIRTUAL+0.0133%1h0.7345+0.183%$9.1M$4.0M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0300% / S −0.0228%1h0.7330−0.023%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7310−0.296%$827K$846K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0448%1h0.7366+0.468%$200K$92K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0737%1h0.7341+0.132%$606K$634K50xas long as short