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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0228%/8h= +25.0% APRnext payment +$0.29 per $10,000 · paid last 24h +0.079%
Price spread now: Pacifica against 01 Exchange+0.013%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 airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange VIRTUALUSD0.7222−0.0128get 0.0016% / 1h2m 21s$2K$13110x
ShortPacifica VIRTUAL0.72230.0100get 0.0013% / 1h2m 21s$72K$44K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against 01 Exchange. 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
$47.88
Price spread: +0.013% → 0.000%
$1.27
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$34.15
Costs to cover
0.150%
Break-even
2.0 days
Slippage unknown: 01 Exchange: no order-book sample; Pacifica: 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 01 Exchange no order-book sample
Sell Pacifica no order-book sample
01 Exchange and 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
Reya VIRTUALRUSDPERP−0.0139%1h0.7223+0.007%$2410xas long as short
01 Exchange VIRTUALUSDlong−0.0128%1h0.7222long leg$2K$13110x
Lighter VIRTUAL−0.0120%1h0.7219−0.035%$328K$414K5xas long as short
Phoenix VIRTUAL−0.0045%1h0.7221−0.017%$11K$40K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7227+0.069%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7226+0.051%$13K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−1.454%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0092%4h0.7224+0.028%$14K$1.5M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7235+0.181%$8.8M$3.8M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7227+0.063%$190K$91K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUALshort+0.0100%1h0.7223+0.013%$72K$44K5x
Binance VIRTUALUSDT+0.0100%4h0.7224+0.028%$16.4M$37.8M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.72220.000%$15.7M$16.0M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7221−0.014%$2.8M$9.3M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7225+0.042%$1.5M$2.9M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7223+0.014%$17.5M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7226+0.055%$4.4M$4.1M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7230+0.111%$6.2M$5.4M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7225+0.042%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7221−0.014%$240K$159K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7185−0.519%$525K$878Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7201−0.291%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7210−0.166%$638K$918K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7182−0.554%$40K$245K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7229+0.093%$34K$896K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7224+0.028%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7224+0.021%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7222−0.006%$53K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7223+0.008%$18K$5053xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7226+0.052%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7209−0.180%$806K$811K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7229+0.097%$196K$96K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0507%1h0.7235+0.186%$589K$596K50xas long as short