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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0031%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.023%
Price spread now: SunX against Variational Omni+0.139%7-day average +0.038% · 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 4 days (all we have)+0.056%+$6 on $10k
Price spread, last 4 days (all we have)−0.275%−$28 · spread now +0.139%, 7d avg +0.038%
Together, before fees−0.219%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.101% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni VIRTUAL0.71760.0069pay 0.0035% / 4h2h 20m$681K$889K
ShortSunX VIRTUAL-USDT0.71860.0100get 0.0050% / 4h2h 20m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$6.41
Price spread: +0.139% → +0.038%
$10.07
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$8.48
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 31 min ago; SunX: live order book, 7 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, 31 min ago4.18 bpdoesn't fit22.3 bp −$223doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago500.14 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

VIRTUAL on 33 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps VIRTUAL-USD−0.0709%1h0.7191+0.216%$47K$996K5xas long as short
Kraken Futures PF_VIRTUALUSD−0.0239%1h0.7187+0.147%$537K$741K50xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7196+0.282%$2410xas long as short
Phoenix VIRTUAL−0.0132%1h0.7185+0.131%$11K$35K5xas long as short
Lighter VIRTUAL−0.0064%1h0.7173−0.039%$327K$384K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL−0.0028%1h0.7182+0.083%$25K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0006%1h0.7182+0.085%$22K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.823%$46$88K5.5xas long as short
Variational Omni VIRTUALlong+0.0069%4h0.7176long leg$681K$889K
Orderly PERP_VIRTUAL_USDC+0.0085%4h0.7179+0.041%$15K$1.9M10xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7185+0.119%$92K$297K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7192+0.227%$71K$42K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.71760.000%$16.1M$41.4M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7174−0.028%$16.5M$18.8M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7178+0.027%$2.8M$10.0M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7184+0.111%$1.6M$3.2M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7183+0.097%$15.1M$5.3M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7185+0.125%$3.3M$4.6M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7183+0.097%$6.1M$5.5M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7182+0.083%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7182+0.083%$248K$175K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7183+0.093%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7182+0.083%$638K$1.3M10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7190+0.195%$40K$234K50xas long as short
SunX VIRTUAL-USDTshort+0.0100%4h0.7186+0.139%$2K$1.3M20x
SoDEX VIRTUAL-USD+0.0100%1h0.7179+0.041%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7178+0.032%$54K$309K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7178+0.022%$18K3xas long as short
Hyperliquid VIRTUAL+0.0162%1h0.7190+0.193%$8.9M$3.7M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0313% / S −0.0258%1h0.7181+0.076%$32K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7185+0.125%$781K$1.0M75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7217+0.571%$203K$101K50xas long as short
01 Exchange VIRTUALUSD+0.6288%1h0.7324+2.062%$2K$5310xas long as short