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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0043%/8h= −4.7% APRnext payment $0.05 per $10,000 · paid last 24h +0.008%
Price spread now: Reya against 01 Exchange+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 airdropReya: Active · farm boardneeds 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: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange VIRTUALUSD0.7155−0.0096get 0.0012% / 1h2m 56s$2K$13110x
ShortReya VIRTUALRUSDPERP0.7156−0.0139pay 0.0017% / 1h2m 56s$2410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$9.07
Price spread: +0.013% → 0.000%
$1.31
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Reya: 3 bp × 2 orders
−$6
Net
−$20.76
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 Reya no order-book sample
01 Exchange and Reya: 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
Injective VIRTUAL/USDC PERP−0.0160%1h0.7117−0.531%$46$88K5.5xas long as short
Reya VIRTUALRUSDPERPshort−0.0139%1h0.7156+0.013%$2410x
Phoenix VIRTUAL−0.0112%1h0.7162+0.102%$11K$45K5xas long as short
01 Exchange VIRTUALUSDlong−0.0096%1h0.7155long leg$2K$13110x
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7160+0.070%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7158+0.045%$12K150xas long as short
Lighter VIRTUAL+0.0072%1h0.7153−0.028%$325K$391K5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0088%4h0.7157+0.028%$14K$1.5M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7167+0.166%$8.7M$3.7M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7156+0.011%$194K$83K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7153−0.024%$72K$44K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7158+0.046%$16.4M$37.3M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7152−0.042%$15.4M$15.6M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7156+0.014%$2.8M$9.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7154−0.014%$1.5M$3.0M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.71550.000%$17.2M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7153−0.028%$4.3M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7159+0.056%$6.1M$5.3M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.71550.000%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7162+0.098%$235K$159K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7159+0.058%$525K$878Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7157+0.026%$19K$257K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7145−0.137%$633K$965K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7159+0.056%$40K$246K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7160+0.070%$27K$815K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7158+0.042%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7157+0.021%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7156+0.012%$53K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7156+0.015%$18K$5053xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0297% / S −0.0228%1h0.7160+0.071%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7150−0.070%$818K$790K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0472%1h0.7203+0.671%$196K$95K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0525%1h0.7170+0.206%$536K$544K50xas long as short