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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Polymarket Perps against Variational Omni+0.577%7-day average +0.046% · 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)−0.017%−$2 on $10k
Price spread, last 3 days (all we have)−0.453%−$45 · spread now +0.577%, 7d avg +0.046%
Together, before fees−0.470%+ Points / potential airdropVariational Omni: Active · farm board−$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.530% dearer against Variational Omni than usual: you sell high and buy low, +$53 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni VIRTUAL0.71410.0100pay 0.0050% / 4h1h 41m$523K$875K
ShortPolymarket Perps VIRTUAL-USD0.71820.0100get 0.0013% / 1h41m 46s$32K$832K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0
Price spread: +0.577% → +0.046%
$53.02
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$45.02
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; Polymarket Perps: live order book, 41 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 Variational Omni RFQ quote, 42 min ago4.18 bpdoesn't fit26.5 bp −$265doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 41 min ago2.71 bp6.7 bp −$76.8 bp −$68doesn't fitdoesn't fit

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%1h0.7178+0.527%$2410xas long as short
01 Exchange VIRTUALUSD−0.0112%1h0.7179+0.535%$2K$13110xas long as short
Lighter VIRTUAL−0.0064%1h0.7177+0.500%$327K$414K5xas long as short
Phoenix VIRTUAL−0.0045%1h0.7163+0.306%$11K$40K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7178+0.521%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7179+0.540%$12K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.334%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0092%4h0.7178+0.521%$14K$1.5M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7191+0.698%$8.7M$3.7M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7184+0.606%$194K$82K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7176+0.499%$72K$44K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7181+0.563%$16.4M$37.5M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7178+0.521%$15.5M$15.6M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7180+0.549%$2.8M$9.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7180+0.549%$1.5M$2.8M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7179+0.535%$17.3M$4.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7182+0.577%$4.3M$4.1M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7184+0.605%$6.1M$5.3M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7181+0.563%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7184+0.605%$236K$157K10xas long as short
Variational Omni VIRTUALlong+0.0100%4h0.7141long leg$523K$875K
edgeX VIRTUALUSDC+0.0100%4h0.7158+0.242%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7160+0.268%$634K$960K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7164+0.325%$40K$246K50xas long as short
Polymarket Perps VIRTUAL-USDshort+0.0100%1h0.7182+0.577%$32K$832K5x
SunX VIRTUAL-USDT+0.0100%4h0.7179+0.535%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7178+0.528%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7179+0.538%$53K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7177+0.505%$18K$5053xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0297% / S −0.0228%1h0.7179+0.540%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7177+0.507%$812K$791K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7189+0.675%$196K$95K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0510%1h0.7188+0.660%$538K$540K50xas long as short