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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0035%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Reya against 01 Exchange+0.009%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange VIRTUALUSD0.7129−0.0104get 0.0013% / 1h55m 10s$2K$13110x
ShortReya VIRTUALRUSDPERP0.7130−0.0139pay 0.0017% / 1h55m 10s$2410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$7.4
Price spread: +0.009% → 0.000%
$0.89
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Reya: 3 bp × 2 orders
−$6
Net
−$19.51
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample
Sell Reya no order-book sample
01 Exchange 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
Injective VIRTUAL/USDC PERP−0.0160%1h0.7117−0.168%$46$88K5.5xas long as short
Reya VIRTUALRUSDPERPshort−0.0139%1h0.7130+0.009%$2410x
01 Exchange VIRTUALUSDlong−0.0104%1h0.7129long leg$2K$13110x
Phoenix VIRTUAL−0.0079%1h0.7119−0.144%$11K$45K5xas long as short
Variational Omni VIRTUAL−0.0023%4h0.7121−0.106%$518K$872Kas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7135+0.084%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7134+0.070%$12K150xas long as short
Lighter VIRTUAL+0.0064%1h0.7125−0.055%$324K$391K5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0081%4h0.7134+0.070%$14K$1.5M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7139+0.143%$8.8M$3.7M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7128−0.017%$194K$76K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7125−0.059%$74K$41K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7132+0.045%$16.3M$36.5M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.71290.000%$15.4M$15.4M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.71290.000%$2.8M$9.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7124−0.070%$1.5M$2.8M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7125−0.056%$17.0M$4.0M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7133+0.056%$3.1M$4.0M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7134+0.070%$6.1M$5.2M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7131+0.028%$8.2Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7136+0.098%$234K$154K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7113−0.218%$19K$255K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7124−0.070%$635K$982K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7119−0.140%$40K$243K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7134+0.063%$33K$782K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7124−0.070%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7133+0.049%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7132+0.038%$53K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7133+0.053%$18K$5053xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0297% / S −0.0228%1h0.7133+0.061%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7132+0.042%$814K$801K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7152+0.323%$195K$104K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0527%1h0.7140+0.151%$520K$516K50xas long as short