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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.015%
Price spread now: gTrade (Gains Network) 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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX VIRTUAL-USD0.72690.0100pay 0.0013% / 1h45m 08s$1K$9K5x
ShortgTrade (Gains Network) VIRTUAL/USD0.7270L +0.0007% / S −0.0004%get 0.0000% / 1h45m 08s$13K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.18
Price spread: +0.013% → 0.000%
$1.32
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$36.86
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 SoDEX no order-book sample
Sell gTrade (Gains Network) no order-book sample
SoDEX and gTrade (Gains Network): 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%1h0.7265−0.051%$2410xas long as short
01 Exchange VIRTUALUSD−0.0104%1h0.7265−0.052%$2K$13110xas long as short
Phoenix VIRTUAL−0.0066%1h0.7266−0.037%$11K$40K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL−0.0025%1h0.7271+0.030%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDshortL +0.0007% / S −0.0004%1h0.7270+0.013%$13K150x
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−2.088%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0093%4h0.7270+0.017%$14K$1.5M10xas long as short
Lighter VIRTUAL+0.0096%1h0.7265−0.058%$331K$413K5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7271+0.024%$195K$99K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7269+0.005%$73K$44K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VIRTUALUSDT+0.0100%4h0.7270+0.017%$16.5M$37.9M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7275+0.085%$15.9M$16.1M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7273+0.058%$2.9M$9.3M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7271+0.030%$1.5M$2.9M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7266−0.039%$17.8M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7272+0.044%$4.4M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7276+0.099%$6.2M$5.4M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7273+0.058%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7275+0.085%$242K$158K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7260−0.127%$531K$876Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7269+0.001%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7267−0.026%$645K$928K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7263−0.080%$40K$245K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7271+0.034%$33K$945K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7264−0.066%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USDlong+0.0100%1h0.7269long leg$1K$9K5x
Extended VIRTUAL-USD+0.0104%1h0.7267−0.026%$54K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7270+0.014%$18K$5053xas long as short
Hyperliquid VIRTUAL+0.0179%1h0.7284+0.212%$9.0M$3.9M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7269+0.008%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7267−0.025%$810K$845K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0448%1h0.7280+0.154%$198K$96K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0865%1h0.7286+0.239%$593K$576K50xas long as short