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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0143%/8h= −15.6% APRnext payment $0.18 per $10,000 · paid last 24h −0.042%
Price spread now: 01 Exchange against gTrade (Gains Network)−0.145%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and 01 Exchange is 0.145% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) VIRTUAL/USD0.7156L +0.0007% / S −0.0005%pay 0.0001% / 1h21m 44s$14K150x
Short01 Exchange VIRTUALUSD0.7146−0.0136pay 0.0017% / 1h21m 44s$2K$10610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$29.96
Price spread: −0.145% → 0.000%
−$14.5
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$61.46
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
gTrade (Gains Network) and 01 Exchange: 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
Deribit VIRTUAL_USDC-PERPETUAL−0.0588%1h0.7152−0.061%$15K$40K10xas long as short
Lighter VIRTUAL−0.0192%1h0.7169+0.174%$327K$406K5xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7153−0.042%$2410xas long as short
01 Exchange VIRTUALUSDshort−0.0136%1h0.7146−0.145%$2K$10610x
Phoenix VIRTUAL−0.0022%1h0.7176+0.280%$11K$37K5xas long as short
SoDEX VIRTUAL-USD−0.0010%1h0.7152−0.060%$1K$9K5xas long as short
gTrade (Gains Network) VIRTUAL/USDlongL +0.0007% / S −0.0005%1h0.7156long leg$14K150x
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.550%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0088%4h0.7151−0.075%$14K$1.4M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7180+0.326%$8.8M$4.1M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7178+0.300%$94K$299K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7179+0.314%$71K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7178+0.302%$16.2M$41.0M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7175+0.260%$16.6M$18.6M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7180+0.330%$2.9M$9.9M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7177+0.288%$1.5M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7176+0.274%$16.2M$4.8M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7174+0.246%$3.0M$4.3M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7180+0.330%$6.1M$5.9M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7176+0.274%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7155−0.019%$239K$213K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7166+0.137%$536K$909Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7174+0.246%$19K$260K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7162+0.079%$635K$953K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7181+0.344%$40K$238K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7155−0.023%$54K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7146−0.145%$1K$1.3M20xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7178+0.306%$57K$258K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7149−0.097%$18K3xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7156−0.006%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7161+0.065%$794K$949K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0440%1h0.7214+0.805%$201K$104K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0488%1h0.7162+0.076%$587K$665K50xas long as short