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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0042%/8h= −4.6% APRnext payment $0.05 per $10,000 · paid last 24h −0.009%
Price spread now: SoDEX against ApeX Omni+0.278%46s7-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
The price spread pays, funding is against you. SoDEX is 0.278% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.278% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni VIRTUALUSDT0.71350.0100pay 0.0013% / 1h49m 23s$40K$237K50x
ShortSoDEX VIRTUAL-USD0.71550.0058get 0.0007% / 1h49m 23s$1K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against ApeX Omni. 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
−$8.79
Price spread: +0.278% → 0.000%
$27.75
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$0.96
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 57 min ago; 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 ApeX Omni live order book, 57 min ago6.32 bp15.1 bp −$15105.7 bp −$1,057doesn't fitdoesn't fit
Sell SoDEX no order-book sample
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%1h0.7142+0.103%$2410xas long as short
01 Exchange VIRTUALUSD−0.0120%1h0.7147+0.168%$2K$10610xas long as short
Phoenix VIRTUAL−0.0101%1h0.71350.000%$11K$36K5xas long as short
Lighter VIRTUAL−0.0064%1h0.7148+0.177%$325K$400K5xas long as short
Bybit VIRTUALUSDT−0.0060%4h0.7142+0.098%$16.2M$19.0M50xas long as short
Kraken Futures PF_VIRTUALUSD−0.0005%1h0.7159+0.335%$525K$758K50xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7147+0.173%$14K150xas long as short
Deribit VIRTUAL_USDC-PERPETUAL+0.0030%1h0.7157+0.308%$15K$40K10xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.252%$46$88K5.5xas long as short
Variational Omni VIRTUAL+0.0050%4h0.7137+0.033%$530K$914Kas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX VIRTUAL-USDshort+0.0058%1h0.7155+0.278%$1K$9K5x
Orderly PERP_VIRTUAL_USDC+0.0072%4h0.7144+0.126%$15K$1.6M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7154+0.269%$8.8M$4.0M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7152+0.241%$92K$302K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7157+0.308%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7144+0.132%$16.1M$42.3M75xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7145+0.140%$2.9M$10.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7152+0.238%$1.5M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7147+0.168%$16.1M$5.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7152+0.238%$3.0M$4.4M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7146+0.154%$6.0M$5.9M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7148+0.182%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7162+0.378%$238K$176K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7130−0.065%$19K$261K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7148+0.183%$642K$1.1M10xas long as short
ApeX Omni VIRTUALUSDTlong+0.0100%1h0.7135long leg$40K$237K50x
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7144+0.126%$51K$1.0M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7154+0.266%$2K$1.4M20xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7146+0.159%$55K$304K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7146+0.150%$18K3xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0313% / S −0.0258%1h0.7147+0.162%$32K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7146+0.154%$789K$1.0M75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7192+0.799%$200K$102K50xas long as short