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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Pacifica−0.204%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 7 days−0.073%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Extended: 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: Extended is 0.204% cheaper against Pacifica than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica VIRTUAL0.73030.0100pay 0.0013% / 1h37m 15s$73K$44K5x
ShortExtended VIRTUAL-USD0.72880.0104get 0.0013% / 1h37m 15s$54K$246K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.204% → 0.000%
−$20.37
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$32.53
Costs to cover
0.130%
Break-even
278.1 days
Slippage unknown: Pacifica: no order-book sample; Extended: live order book, 40 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 Pacifica no order-book sample
Sell Extended live order book, 40 min ago2.09 bp13.7 bp −$14158.5 bp −$1,585doesn't fitdoesn't fit
Pacifica: 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−0.0298%1h0.7292−0.153%$15K$40K10xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7298−0.069%$2410xas long as short
01 Exchange VIRTUALUSD−0.0128%1h0.7298−0.070%$2K$13110xas long as short
Phoenix VIRTUAL−0.0066%1h0.7311+0.114%$11K$40K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0010%1h0.7297−0.081%$9K150xas long as short
Lighter VIRTUAL+0.0024%1h0.7290−0.174%$332K$415K5xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−2.549%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0093%4h0.7291−0.166%$14K$1.5M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7303+0.003%$200K$101K20xas long as short
Pacifica VIRTUALlong+0.0100%1h0.7303long leg$73K$44K5x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VIRTUALUSDT+0.0100%4h0.7292−0.151%$16.6M$38.2M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7288−0.207%$16.2M$16.4M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7285−0.248%$2.9M$9.5M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7300−0.043%$1.5M$3.0M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7297−0.084%$18.1M$4.3M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7303−0.002%$4.3M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7300−0.043%$6.3M$5.5M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7297−0.084%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7303−0.002%$247K$169K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7310+0.088%$535K$878Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7312+0.123%$19K$257K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7318+0.208%$650K$915K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7308+0.067%$40K$245K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7304+0.008%$36K$954K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7287−0.221%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7290−0.183%$1K$9K5xas long as short
Extended VIRTUAL-USDshort+0.0104%1h0.7288−0.204%$54K$246K10x
Aevo VIRTUAL-PERP+0.0104%1h0.7291−0.165%$18K$5053xas long as short
Hyperliquid VIRTUAL+0.0160%1h0.7311+0.102%$9.1M$3.9M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7299−0.057%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7294−0.125%$813K$846K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0448%1h0.7310+0.094%$199K$96K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0862%1h0.7307+0.051%$595K$578K50xas long as short