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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Pacifica−0.192%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.192% cheaper against Pacifica than usual: you would sell low and buy high, −$19 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica VIRTUAL0.71550.0100pay 0.0013% / 1h9m 10s$70K$43K5x
ShortAevo VIRTUAL-PERP0.71420.0104get 0.0013% / 1h9m 10s$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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
$0.84
Price spread: −0.192% → 0.000%
−$19.17
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$42.33
Costs to cover
0.240%
Break-even
359.8 days
Slippage unknown: Pacifica: 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 Pacifica no order-book sample
Sell Aevo no order-book sample
Pacifica 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 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−0.0589%1h0.7146−0.131%$15K$40K10xas long as short
Lighter VIRTUAL−0.0224%1h0.7139−0.234%$324K$407K5xas long as short
01 Exchange VIRTUALUSD−0.0160%1h0.7149−0.089%$2K$10610xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7145−0.141%$2410xas long as short
SoDEX VIRTUAL-USD−0.0050%1h0.7140−0.207%$1K$9K5xas long as short
Phoenix VIRTUAL−0.0022%1h0.7175+0.278%$11K$37K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7149−0.082%$14K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.536%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0083%4h0.7147−0.117%$14K$1.4M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7161+0.075%$8.8M$4.1M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7148−0.106%$93K$299K20xas long as short
Pacifica VIRTUALlong+0.0100%1h0.7155long leg$70K$43K5x
Binance VIRTUALUSDT+0.0100%4h0.7143−0.172%$16.1M$41.2M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7142−0.186%$16.5M$18.6M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7145−0.145%$2.8M$9.8M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7152−0.047%$1.5M$3.4M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7141−0.200%$16.0M$4.8M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7146−0.131%$3.0M$4.3M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7150−0.075%$6.1M$5.9M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7144−0.158%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7152−0.047%$237K$214K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7155−0.002%$536K$909Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7173+0.252%$19K$260K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7173+0.248%$637K$974K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7181+0.359%$40K$238K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7152−0.044%$53K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7153−0.033%$1K$1.3M20xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7140−0.213%$57K$259K10xas long as short
Aevo VIRTUAL-PERPshort+0.0104%1h0.7142−0.192%$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0315% / S −0.0264%1h0.7147−0.115%$33K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7141−0.200%$792K$947K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7200+0.624%$201K$104K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0489%1h0.7152−0.045%$586K$670K50xas long as short