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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.74 per $10,000 · paid last 24h +0.018%
Price spread now: MEXC against Variational Omni+0.096%7-day average +0.013% · 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 4 days (all we have)+0.049%+$5 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.096%, 7d avg +0.013%
Together, before fees−0.124%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.082% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni VIRTUAL0.7138−0.0049get 0.0024% / 4h1h 08m$530K$903K
ShortMEXC VIRTUAL_USDT0.71450.0100get 0.0050% / 4h1h 08m$15.9M$5.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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
$31.27
Price spread: +0.096% → +0.013%
$8.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 0 bp × 2 orders
$0
Net
$39.49
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; MEXC: live order book, just now. 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 Variational Omni RFQ quote, 36 min ago4.20 bpdoesn't fit19.6 bp −$196doesn't fitdoesn't fit
Sell MEXC live order book, just now1.40 bp3.4 bp −$38.7 bp −$8781.8 bp −$8,184257.3 bp −$128.6K

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%1h0.7145+0.096%$2410xas long as short
Phoenix VIRTUAL−0.0101%1h0.7146+0.107%$11K$36K5xas long as short
01 Exchange VIRTUALUSD−0.0080%1h0.7140+0.026%$2K$10610xas long as short
Variational Omni VIRTUALlong−0.0049%4h0.7138long leg$530K$903K
Lighter VIRTUAL−0.0008%1h0.7143+0.061%$322K$404K5xas long as short
Kraken Futures PF_VIRTUALUSD−0.0005%1h0.7150+0.165%$522K$762K50xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7146+0.110%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7147+0.118%$14K150xas long as short
Bybit VIRTUALUSDT+0.0012%4h0.7140+0.026%$16.2M$18.9M50xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.297%$46$88K5.5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_VIRTUAL_USDC+0.0072%4h0.7144+0.082%$16K$1.6M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7147+0.123%$92K$302K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7145+0.089%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7145+0.093%$16.1M$42.3M75xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7146+0.110%$2.9M$10.0M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7147+0.124%$1.5M$3.4M75xas long as short
MEXC VIRTUAL_USDTshort+0.0100%4h0.7145+0.096%$15.9M$5.2M100x
KuCoin VIRTUALUSDTM+0.0100%4h0.7147+0.124%$3.0M$4.4M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7147+0.124%$6.0M$5.9M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7145+0.096%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7148+0.138%$237K$176K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7144+0.086%$19K$260K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7146+0.110%$638K$1.1M10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7146+0.110%$40K$236K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7145+0.096%$47K$1.0M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7146+0.110%$2K$1.4M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7146+0.103%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7144+0.082%$55K$259K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7144+0.086%$18K3xas long as short
Hyperliquid VIRTUAL+0.0207%1h0.7155+0.233%$8.8M$3.9M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0313% / S −0.0258%1h0.7146+0.107%$32K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7151+0.180%$783K$1.0M75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7175+0.516%$200K$101K50xas long as short