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 +0.065%
Price spread now: Polymarket Perps against 01 Exchange+0.094%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Polymarket Perps is 0.094% dearer against 01 Exchange than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange VIRTUALUSD0.7229−0.0128get 0.0016% / 1h0m 26s$2K$13110x
ShortPolymarket Perps VIRTUAL-USD0.72360.0100get 0.0013% / 1h0m 26s$34K$896K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.094% → 0.000%
$9.41
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$42.29
Costs to cover
0.150%
Break-even
0.8 days
Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 18 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 01 Exchange no order-book sample
Sell Polymarket Perps live order book, 18 min ago3.48 bp7.6 bp −$87.7 bp −$77doesn't fitdoesn't fit
01 Exchange: 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%1h0.7229−0.004%$2410xas long as short
01 Exchange VIRTUALUSDlong−0.0128%1h0.7229long leg$2K$13110x
Lighter VIRTUAL−0.0120%1h0.7224−0.066%$329K$414K5xas long as short
Phoenix VIRTUAL−0.0045%1h0.7221−0.113%$11K$40K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7222−0.097%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7224−0.072%$13K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−1.549%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0092%4h0.7221−0.111%$14K$1.5M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7243+0.194%$8.8M$3.8M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7231+0.034%$190K$91K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7231+0.030%$72K$44K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7230+0.018%$16.4M$37.8M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7230+0.014%$15.8M$16.0M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.72290.000%$2.8M$9.3M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7231+0.028%$1.5M$2.9M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7230+0.014%$17.6M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7233+0.055%$4.4M$4.1M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7236+0.097%$6.2M$5.4M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7230+0.014%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7231+0.028%$240K$159K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7185−0.615%$525K$878Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7216−0.181%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7210−0.263%$638K$918K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7221−0.111%$40K$245K50xas long as short
Polymarket Perps VIRTUAL-USDshort+0.0100%1h0.7236+0.094%$34K$896K5x
SunX VIRTUAL-USDT+0.0100%4h0.7217−0.166%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7221−0.111%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7229+0.001%$53K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7218−0.149%$18K$5053xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0298% / S −0.0228%1h0.7223−0.086%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7220−0.124%$807K$812K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7234+0.069%$197K$96K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0507%1h0.7233+0.050%$588K$596K50xas long as short