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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0103%/8h= −11.2% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Aevo−0.009%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo VIRTUAL-PERP0.72490.0104pay 0.0013% / 1h48m 25s$18K3x
ShortgTrade (Gains Network) VIRTUAL/USD0.7248L +0.0007% / S −0.0001%get 0.0000% / 1h48m 25s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aevo. 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
−$21.56
Price spread: −0.009% → 0.000%
−$0.91
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$48.47
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; gTrade (Gains Network): 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 Aevo no order-book sample
Sell gTrade (Gains Network) no order-book sample
Aevo and gTrade (Gains Network): 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%1h0.7238−0.153%$2410xas long as short
01 Exchange VIRTUALUSD−0.0080%1h0.7246−0.038%$2K$13110xas long as short
ApeX Omni VIRTUALUSDT−0.0054%1h0.7242−0.093%$41K$244K50xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7249+0.003%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDshortL +0.0007% / S −0.0001%1h0.7248−0.009%$4K150x
Phoenix VIRTUAL+0.0011%1h0.7255+0.092%$11K$46K5xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−1.818%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0089%4h0.7250+0.017%$14K$1.5M10xas long as short
Lighter VIRTUAL+0.0096%1h0.7250+0.019%$329K$413K5xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7250+0.020%$8.9M$4.2M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7252+0.039%$172K$194K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7258+0.125%$71K$45K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7245−0.052%$16.6M$41.1M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7248−0.010%$16.5M$17.9M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7246−0.038%$2.9M$9.8M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7250+0.017%$1.4M$3.2M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7246−0.038%$17.7M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7252+0.045%$4.3M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7252+0.045%$6.2M$6.0M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7245−0.052%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7261+0.169%$247K$176K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7240−0.122%$529K$898Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7210−0.530%$19K$259K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7230−0.259%$640K$878K10xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7254+0.074%$52K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7244−0.066%$2K$1.4M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7248−0.003%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7247−0.019%$54K$272K10xas long as short
Aevo VIRTUAL-PERPlong+0.0104%1h0.7249long leg$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0300% / S −0.0228%1h0.7247−0.030%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7252+0.045%$826K$858K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7274+0.348%$197K$93K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.1017%1h0.7259+0.139%$600K$661K50xas long as short