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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.064%
Price spread now: SoDEX against 01 Exchange−0.028%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. SoDEX is 0.028% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange VIRTUALUSD0.7242−0.0064get 0.0008% / 1h16m 23s$2K$13110x
ShortSoDEX VIRTUAL-USD0.72400.0100get 0.0013% / 1h16m 23s$1K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$34.44
Price spread: −0.028% → 0.000%
−$2.76
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$16.68
Costs to cover
0.150%
Break-even
3.6 days
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: 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 SoDEX no order-book sample
01 Exchange and SoDEX: 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%1h0.7242−0.003%$2410xas long as short
01 Exchange VIRTUALUSDlong−0.0064%1h0.7242long leg$2K$13110x
Deribit VIRTUAL_USDC-PERPETUAL−0.0026%1h0.72420.000%$15K$40K10xas long as short
Phoenix VIRTUAL0.0000%1h0.7244+0.028%$11K$37K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0001%1h0.7245+0.043%$4K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−1.726%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0090%4h0.7240−0.028%$14K$1.5M10xas long as short
Lighter VIRTUAL+0.0096%1h0.7243+0.014%$329K$413K5xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7251+0.127%$8.9M$4.1M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7244+0.028%$98K$291K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7247+0.071%$71K$42K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7242+0.006%$16.6M$40.1M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7237−0.069%$16.8M$18.1M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7239−0.041%$2.9M$9.8M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7245+0.041%$1.5M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7244+0.028%$17.8M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7246+0.055%$3.0M$4.4M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7247+0.069%$6.2M$5.9M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7243+0.014%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7249+0.097%$239K$203K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7256+0.195%$540K$909Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7247+0.068%$19K$261K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7245+0.048%$641K$855K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7261+0.262%$41K$239K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7247+0.075%$52K$993K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7237−0.069%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USDshort+0.0100%1h0.7240−0.028%$1K$9K5x
Extended VIRTUAL-USD+0.0104%1h0.7244+0.029%$54K$270K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7238−0.056%$18K3xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0314% / S −0.0259%1h0.7245+0.035%$33K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7244+0.028%$817K$851K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7273+0.428%$190K$79K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0902%1h0.7253+0.145%$605K$661K50xas long as short