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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.6208%/8h= −679.8% APRnext payment $7.76 per $10,000 · paid last 24h +0.050%
Price spread now: Aevo against 01 Exchange−1.859%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 4 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 −$186 a day on $10k at the current rate, and Aevo is 1.859% cheaper against 01 Exchange than usual: you would sell low and buy high (−$186 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange VIRTUALUSD0.72730.6312pay 0.0789% / 1h53m 04s$2K$10610x
ShortAevo VIRTUAL-PERP0.71380.0104get 0.0013% / 1h53m 04s$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against 01 Exchange. 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
−$1,303.68
Price spread: −1.859% → 0.000%
−$185.89
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1,512.57
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Aevo: 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 01 Exchange no order-book sample
Sell Aevo no order-book sample
01 Exchange and Aevo: 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
Kraken Futures PF_VIRTUALUSD−0.0225%1h0.7145−1.765%$514K$745K50xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7140−1.827%$2410xas long as short
Lighter VIRTUAL−0.0056%1h0.7137−1.877%$322K$400K5xas long as short
Variational Omni VIRTUAL−0.0034%4h0.7135−1.893%$535K$830Kas long as short
Phoenix VIRTUAL−0.0034%1h0.7133−1.932%$11K$36K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7141−1.815%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0006%1h0.7133−1.925%$22K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−2.145%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0073%4h0.7139−1.842%$15K$1.8M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7142−1.802%$92K$302K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7138−1.858%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7140−1.828%$16.1M$41.9M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7136−1.884%$16.3M$18.8M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7140−1.829%$2.9M$10.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7139−1.842%$1.5M$3.2M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7139−1.842%$15.5M$5.0M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7141−1.815%$3.3M$4.5M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7141−1.815%$6.0M$5.8M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7139−1.842%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7145−1.760%$236K$175K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7129−1.980%$19K$257K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7145−1.760%$641K$1.2M10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7125−2.035%$40K$235K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7145−1.767%$47K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7138−1.856%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7138−1.849%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7137−1.870%$55K$310K10xas long as short
Aevo VIRTUAL-PERPshort+0.0104%1h0.7138−1.859%$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0312% / S −0.0258%1h0.7142−1.806%$32K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7136−1.884%$784K$1.0M75xas long as short
Hyperliquid VIRTUAL+0.0354%1h0.7152−1.666%$8.8M$3.8M5xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0512%1h0.7148−1.719%$199K$101K50xas long as short
01 Exchange VIRTUALUSDlong+0.6312%1h0.7273long leg$2K$10610x