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+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.026%
Price spread now: Extended against Injective+2.497%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 7 days−1.067%−$107 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 2.497% dearer against Injective than usual: you sell high and buy low: +$250 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −1.067%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective VIRTUAL/USDC PERP0.71170.0033pay 0.0004% / 1h44m 32s$46$88K5.5x
ShortExtended VIRTUAL-USD0.72950.0104get 0.0013% / 1h44m 32s$58K$249K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Injective. 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
$14.84
Price spread: +2.497% → 0.000%
$249.71
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$259.53
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 28 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 Injective no order-book sample
Sell Extended live order book, 28 min ago2.75 bp15.6 bp −$16152.0 bp −$1,520doesn't fitdoesn't fit
Injective: 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−0.0161%1h0.7296+2.515%$15K$40K10xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7286+2.370%$2410xas long as short
Phoenix VIRTUAL−0.0109%1h0.7302+2.602%$11K$40K5xas long as short
01 Exchange VIRTUALUSD−0.0088%1h0.7288+2.403%$2K$13110xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0010%1h0.7293+2.475%$9K150xas long as short
Lighter VIRTUAL+0.0032%1h0.7295+2.495%$331K$416K5xas long as short
Injective VIRTUAL/USDC PERPlong+0.0033%1h0.7117long leg$46$88K5.5x
Orderly PERP_VIRTUAL_USDC+0.0088%4h0.7298+2.543%$14K$1.5M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7298+2.548%$199K$154K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7300+2.565%$72K$45K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VIRTUALUSDT+0.0100%4h0.7289+2.423%$16.8M$39.8M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7291+2.445%$16.3M$17.0M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7289+2.417%$2.9M$9.6M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7304+2.628%$1.5M$3.0M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7297+2.529%$18.4M$4.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7296+2.515%$4.3M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7298+2.543%$6.3M$5.6M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7291+2.445%$8.2Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7308+2.684%$248K$167K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7302+2.598%$546K$888Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7314+2.775%$19K$259K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7322+2.885%$650K$927K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7311+2.726%$40K$243K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7295+2.497%$45K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7295+2.501%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7294+2.487%$1K$9K5xas long as short
Extended VIRTUAL-USDshort+0.0104%1h0.7295+2.497%$58K$249K10x
Aevo VIRTUAL-PERP+0.0104%1h0.7296+2.514%$18K3xas long as short
Hyperliquid VIRTUAL+0.0113%1h0.7300+2.570%$9.1M$4.0M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7291+2.438%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7295+2.501%$825K$847K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0448%1h0.7366+3.499%$200K$94K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0740%1h0.7311+2.729%$603K$635K50xas long as short