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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0097%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Aevo against gTrade (Gains Network)−0.030%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. Aevo is 0.030% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) VIRTUAL/USD0.7109L +0.0007% / S −0.0006%pay 0.0001% / 1h20m 30s$22K150x
ShortAevo VIRTUAL-PERP0.71070.0104get 0.0013% / 1h20m 30s$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$20.44
Price spread: −0.030% → 0.000%
−$3
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$8.55
Costs to cover
0.260%
Break-even
9.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Aevo: 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 gTrade (Gains Network) no order-book sample
Sell Aevo no order-book sample
gTrade (Gains Network) and Aevo: 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
Kraken Futures PF_VIRTUALUSD−0.0338%1h0.7109+0.002%$516K$741K50xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7103−0.086%$2410xas long as short
Variational Omni VIRTUAL−0.0104%4h0.7100−0.126%$532K$837Kas long as short
01 Exchange VIRTUALUSD−0.0096%1h0.7118+0.124%$2K$10610xas long as short
Lighter VIRTUAL−0.0080%1h0.7106−0.045%$321K$403K5xas long as short
Phoenix VIRTUAL−0.0067%1h0.7119+0.136%$11K$36K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7107−0.031%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDlongL +0.0007% / S −0.0006%1h0.7109long leg$22K150x
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117+0.109%$46$88K5.5xas long as short
Bybit VIRTUALUSDT+0.0048%4h0.7114+0.067%$16.2M$18.9M50xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_VIRTUAL_USDC+0.0073%4h0.7104−0.073%$16K$1.7M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7114+0.074%$92K$303K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7110+0.006%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7114+0.065%$16.0M$42.2M75xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7117+0.109%$2.9M$10.0M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7109−0.003%$1.5M$3.4M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7108−0.017%$15.5M$5.3M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7110+0.011%$3.0M$4.5M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7112+0.039%$6.0M$5.8M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7110+0.011%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7107−0.031%$235K$175K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7105−0.062%$19K$257K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7103−0.090%$630K$1.1M10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7110+0.011%$40K$235K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7107−0.031%$45K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7103−0.087%$2K$1.4M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7105−0.066%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7112+0.034%$53K$304K10xas long as short
Aevo VIRTUAL-PERPshort+0.0104%1h0.7107−0.030%$18K3x
Hyperliquid VIRTUAL+0.0292%1h0.7121+0.163%$8.8M$3.8M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0312% / S −0.0258%1h0.7107−0.033%$32K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7102−0.102%$783K$1.0M75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0480%1h0.7170+0.855%$200K$100K50xas long as short