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

VIRTUAL

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0239%/8h= −26.2% APRnext payment $0.30 per $10,000 · paid last 24h −0.063%
Price spread now: Reya against SoDEX+0.064%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Reya is 0.064% dearer against SoDEX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX VIRTUAL-USD0.71670.0100pay 0.0013% / 1h58m 22s$1K$9K5x
ShortReya VIRTUALRUSDPERP0.7171−0.0139pay 0.0017% / 1h58m 22s$2410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against SoDEX. 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
−$50.19
Price spread: +0.064% → 0.000%
$6.36
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
−$57.83
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Reya: 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 SoDEX no order-book sample
Sell Reya no order-book sample
SoDEX and Reya: 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 VIRTUALRUSDPERPshort−0.0139%1h0.7171+0.064%$2410x
01 Exchange VIRTUALUSD−0.0120%1h0.7175+0.119%$2K$10610xas long as short
Phoenix VIRTUAL−0.0112%1h0.7172+0.074%$11K$36K5xas long as short
Kraken Futures PF_VIRTUALUSD−0.0005%1h0.7170+0.050%$526K$759K50xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7168+0.021%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7171+0.068%$14K150xas long as short
Bybit VIRTUALUSDT+0.0023%4h0.7163−0.049%$16.3M$19.0M50xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.691%$46$88K5.5xas long as short
Lighter VIRTUAL+0.0048%1h0.7163−0.047%$325K$400K5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0074%4h0.7167+0.007%$14K$1.6M10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack VIRTUAL_USDC_PERP+0.0075%1h0.7158−0.119%$238K$205K10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7174+0.105%$93K$302K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7172+0.081%$71K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7171+0.064%$16.1M$42.2M75xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7168+0.021%$2.9M$10.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7175+0.119%$1.5M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7174+0.105%$15.4M$5.0M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7176+0.133%$3.0M$4.4M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7171+0.063%$6.0M$5.9M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7171+0.063%$7.9Mas long as short
Variational Omni VIRTUAL+0.0100%4h0.7162−0.060%$533K$914Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7166−0.008%$19K$262K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7167+0.007%$641K$1.0M10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7167+0.007%$40K$237K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7176+0.135%$51K$1.0M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7166−0.007%$2K$1.4M20xas long as short
SoDEX VIRTUAL-USDlong+0.0100%1h0.7167long leg$1K$9K5x
Extended VIRTUAL-USD+0.0104%1h0.7164−0.032%$55K$304K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7166−0.010%$18K3xas long as short
Hyperliquid VIRTUAL+0.0178%1h0.7184+0.248%$8.8M$4.1M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0313% / S −0.0258%1h0.7174+0.101%$32K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7155−0.160%$781K$1.0M75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7192+0.356%$200K$102K50xas long as short