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+0.0111%/8h= +12.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.018%
Price spread now: Bitget against Variational Omni+0.063%7-day average +0.051% · 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)+0.049%+$5 on $10k
Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.063%, 7d avg +0.051%
Together, before fees−0.190%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni VIRTUAL0.7104−0.0011get 0.0005% / 4h2h 44m$518K$872K
ShortBitget VIRTUALUSDT0.71080.0100get 0.0050% / 4h2h 44m$6.0M$5.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational 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
$23.21
Price spread: +0.063% → +0.051%
$1.21
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$12.41
Costs to cover
0.120%
Break-even
3.3 days
Slippage unknown: Variational Omni: RFQ quote, 44 min ago; Bitget: live order book, 4 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 Variational Omni RFQ quote, 44 min ago3.50 bpdoesn't fit21.7 bp −$217doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.11 bp11.2 bp −$1127.4 bp −$274doesn't fitdoesn't fit

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
Injective VIRTUAL/USDC PERP−0.0160%1h0.7117+0.190%$46$88K5.5xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7107+0.045%$2410xas long as short
Phoenix VIRTUAL−0.0112%1h0.7112+0.114%$11K$45K5xas long as short
01 Exchange VIRTUALUSD−0.0072%1h0.7104+0.007%$2K$13110xas long as short
Deribit VIRTUAL_USDC-PERPETUAL−0.0031%1h0.7105+0.021%$15K$40K10xas long as short
Variational Omni VIRTUALlong−0.0011%4h0.7104long leg$518K$872K
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7109+0.080%$12K150xas long as short
Orderly PERP_VIRTUAL_USDC+0.0081%4h0.7105+0.021%$14K$1.5M10xas long as short
Lighter VIRTUAL+0.0096%1h0.7098−0.078%$323K$391K5xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7115+0.154%$8.7M$3.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7107+0.049%$193K$76K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7105+0.025%$73K$41K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7107+0.049%$16.3M$36.5M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7103−0.008%$15.3M$15.3M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7105+0.021%$2.8M$9.0M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7103−0.008%$1.5M$2.8M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7103−0.008%$17.0M$4.0M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7106+0.035%$3.1M$3.9M50xas long as short
Bitget VIRTUALUSDTshort+0.0100%4h0.7108+0.063%$6.0M$5.2M25x
BingX VIRTUAL-USDT+0.0100%4h0.7105+0.021%$8.2Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7104+0.007%$236K$155K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7114+0.144%$19K$257K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7111+0.105%$630K$994K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7115+0.161%$40K$244K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7111+0.106%$33K$783K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7106+0.035%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7100−0.053%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7102−0.015%$53K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7103−0.008%$18K$5053xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0296% / S −0.0228%1h0.7109+0.073%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7100−0.050%$814K$793K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7152+0.682%$195K$95K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0529%1h0.7110+0.087%$520K$522K50xas long as short