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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Extended against SoDEX+0.013%7-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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX VIRTUAL-USD0.72940.0100pay 0.0013% / 1h30m 45s$1K$9K5x
ShortExtended VIRTUAL-USD0.72940.0104get 0.0013% / 1h30m 45s$55K$321K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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
$0.84
Price spread: +0.013% → 0.000%
$1.33
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$10.83
Costs to cover
0.130%
Break-even
97.3 days
Slippage unknown: SoDEX: no order-book sample; Extended: live order book, 41 min ago. 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 SoDEX no order-book sample
Sell Extended live order book, 41 min ago2.75 bp15.6 bp −$16152.0 bp −$1,520doesn't fitdoesn't fit
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%1h0.7293−0.008%$2410xas long as short
Phoenix VIRTUAL−0.0109%1h0.7316+0.308%$12K$40K5xas long as short
01 Exchange VIRTUALUSD−0.0064%1h0.7298+0.062%$2K$13110xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7295+0.021%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0001%1h0.7295+0.019%$4K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−2.420%$46$88K5.5xas long as short
Lighter VIRTUAL+0.0056%1h0.7286−0.104%$331K$417K5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0089%4h0.7294+0.007%$14K$1.5M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7303+0.131%$199K$155K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7291−0.034%$72K$45K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VIRTUALUSDT+0.0100%4h0.7288−0.075%$16.9M$39.4M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7289−0.062%$16.5M$17.0M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7287−0.089%$2.9M$9.6M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7299+0.075%$1.5M$3.0M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7288−0.075%$18.4M$4.1M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7292−0.021%$4.3M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7293−0.007%$6.3M$5.6M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7290−0.048%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7298+0.062%$247K$165K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7291−0.036%$546K$885Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7326+0.451%$19K$259K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7327+0.462%$651K$889K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7311+0.240%$41K$244K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7302+0.112%$47K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7295+0.021%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USDlong+0.0100%1h0.7294long leg$1K$9K5x
Extended VIRTUAL-USDshort+0.0104%1h0.7294+0.013%$55K$321K10x
Aevo VIRTUAL-PERP+0.0104%1h0.7295+0.016%$18K3xas long as short
Hyperliquid VIRTUAL+0.0187%1h0.7302+0.118%$9.0M$4.0M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0300% / S −0.0228%1h0.7293−0.004%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7297+0.048%$833K$841K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0448%1h0.7310+0.226%$198K$91K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0741%1h0.7305+0.157%$603K$644K50xas long as short