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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0162%/8h= −17.7% APRnext payment $0.20 per $10,000 · paid last 24h −0.010%
Price spread now: SoDEX against Aevo−0.033%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 4 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 against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.033% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo VIRTUAL-PERP0.71660.0104pay 0.0013% / 1h55m 41s$18K3x
ShortSoDEX VIRTUAL-USD0.7164−0.0058pay 0.0007% / 1h55m 41s$1K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$33.96
Price spread: −0.033% → 0.000%
−$3.25
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$61.21
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: 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 Aevo no order-book sample
Sell SoDEX no order-book sample
Aevo 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit VIRTUAL_USDC-PERPETUAL−0.0447%1h0.7165−0.014%$25K$40K10xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7164−0.025%$2410xas long as short
Phoenix VIRTUAL−0.0132%1h0.7188+0.301%$11K$32K5xas long as short
Lighter VIRTUAL−0.0112%1h0.7158−0.106%$326K$368K5xas long as short
SoDEX VIRTUAL-USDshort−0.0058%1h0.7164−0.033%$1K$9K5x
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0006%1h0.7175+0.126%$22K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.684%$46$88K5.5xas long as short
Kraken Futures PF_VIRTUALUSD+0.0063%1h0.7176+0.140%$561K$749K50xas long as short
Variational Omni VIRTUAL+0.0076%4h0.7163−0.047%$680K$816Kas long as short
Orderly PERP_VIRTUAL_USDC+0.0085%4h0.71660.000%$15K$1.8M10xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid VIRTUAL+0.0100%1h0.7173+0.096%$8.9M$3.6M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7170+0.053%$92K$297K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7164−0.028%$70K$42K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7163−0.048%$16.1M$40.5M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7162−0.056%$16.6M$18.5M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7163−0.042%$2.8M$9.7M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.71660.000%$1.5M$3.1M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7164−0.028%$14.8M$5.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7165−0.014%$3.4M$4.5M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7169+0.041%$6.1M$5.4M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7165−0.014%$7.8Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7168+0.027%$245K$177K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7172+0.077%$19K$256K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7185+0.268%$638K$1.4M10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7188+0.307%$40K$234K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7170+0.055%$47K$996K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.71660.000%$1K$1.3M20xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7159−0.096%$54K$310K10xas long as short
Aevo VIRTUAL-PERPlong+0.0104%1h0.7166long leg$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0312% / S −0.0258%1h0.7168+0.023%$32K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7174+0.111%$779K$961K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0480%1h0.7193+0.376%$202K$97K50xas long as short
01 Exchange VIRTUALUSD+0.6232%1h0.7275+1.521%$2K$2710xas long as short