Spread before costs (cost unknown: a leg has no order-book sample)+0.122%
7d average—if it closes, per $10,000$12funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo VIRTUAL-PERP | 0.7010 | 0.0104 | pay 0.0013% / 1h | 39m 30s | $17K | $505 | 3x |
| Short | BingX VIRTUAL-USDT | 0.7019 | 0.0100 | get 0.0050% / 4h | 2h 39m | — | $8.1M | — |
Aevo VIRTUAL-PERP
BingX VIRTUAL-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $12.18
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.94
- Spread needed to break even
- 0.260%
Slippage unknown: Aevo: no order-book sample; BingX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 1.42 bp | 8.9 bp −$9 | 11.9 bp −$119 | 24.3 bp −$2,431 | 85.4 bp −$42.7K |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.6999+3.779%edgeX0.7006+3.884%BloFin0.7006+3.885%SoDEX0.7009+3.929%
Injective
Variational Omni
BloFin
SoDEXAevo0.7010+3.951%
ApeX Omni0.7011+3.959%Deribit0.7013+3.989%Lighter0.7014+4.004%Orderly0.7014+4.004%Phoenix0.7015+4.011%Backpack0.7015+4.018%Bybit0.7016+4.033%Gate0.7017+4.048%Binance0.7018+4.058%GMX0.7018+4.061%Extended0.7018+4.062%01 Exchange0.7018+4.063%Kraken Futures0.7018+4.069%Aster0.7019+4.071%gTrade (Gains Network)0.7019+4.073%OKX0.7019+4.078%
ApeX Omni
Deribit
Lighter
Orderly
Phoenix
Backpack
Bybit
Gate
Binance
GMX
Extended
Kraken Futures
Aster
gTrade (Gains Network)
OKXBingX0.7019+4.078%
Pacifica0.7020+4.093%MEXC0.7020+4.093%Reya0.7020+4.094%KuCoin0.7022+4.122%Bitget0.7022+4.122%Polymarket Perps0.7023+4.131%SunX0.7023+4.137%Hyperliquid0.7025+4.167%Coinbase International0.7113+5.472%
Pacifica
MEXC
Reya
KuCoin
Bitget
Polymarket Perps
SunX
Hyperliquid
Coinbase InternationalVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −3.801% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.165% | −0.0111% | 4h | $569K | $805K | — | as long as short |
| edgeX VIRTUALUSDC | −0.064% | +0.0100% | 4h | $18K | $255K | 10x | as long as short |
| BloFin VIRTUAL-USDT | −0.064% | +0.0340% | 4h | $816K | $758K | 75x | as long as short |
| SoDEX VIRTUAL-USD | −0.021% | −0.0122% | 1h | $1K | $9K | 5x | as long as short |
| Aevo VIRTUAL-PERPlong | 0.000% | +0.0104% | 1h | $17K | $505 | 3x | |
| ApeX Omni VIRTUALUSDT | +0.008% | −0.0073% | 1h | $40K | $241K | 50x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | +0.036% | −0.0320% | 1h | $15K | $40K | 10x | as long as short |
| Lighter VIRTUAL | +0.050% | −0.0184% | 1h | $319K | $389K | 5x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.050% | +0.0056% | 4h | $14K | $1.5M | 10x | as long as short |