Spread before costs (cost unknown: a leg has no order-book sample)+1.178%
7d average—if it closes, per $10,000$118funding while held, a day+$11.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo VIRTUAL-PERP | 0.7030 | 0.0104 | pay 0.0013% / 1h | 38m 48s | $18K | $505 | 3x |
| Short | Coinbase International VIRTUAL-PERP-INTX | 0.7113 | 0.0472 | get 0.0059% / 1h | 38m 48s | $193K | $119K | 50x |
Aevo VIRTUAL-PERP
Coinbase International VIRTUAL-PERP-INTXPrice 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
- $117.85
- Funding while held
- $11.04
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $102.89
- Spread needed to break even
- 0.260%
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0368%
- Per $10,000 a day
- +$11.04
- 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 Coinbase International live order book, 1 min ago | 6.39 bp | 29.3 bp −$29 | 471.2 bp −$4,712 | doesn't fit | doesn't fit |
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%ApeX Omni0.7011+3.959%Phoenix0.7015+4.011%01 Exchange0.7018+4.063%Reya0.7020+4.094%BloFin0.7022+4.122%Polymarket Perps0.7023+4.131%Gate0.7026+4.181%Extended0.7027+4.196%MEXC0.7028+4.211%BingX0.7028+4.211%SoDEX0.7028+4.219%GMX0.7029+4.222%gTrade (Gains Network)0.7029+4.226%Orderly0.7029+4.226%
Injective
Variational Omni
ApeX Omni
Phoenix
Reya
BloFin
Polymarket Perps
Gate
Extended
MEXC
BingX
SoDEX
GMX
gTrade (Gains Network)
OrderlyAevo0.7030+4.243%
KuCoin0.7031+4.256%Deribit0.7031+4.256%Bitget0.7032+4.270%SunX0.7032+4.270%Aster0.7032+4.272%Lighter0.7034+4.300%Bybit0.7036+4.330%Hyperliquid0.7036+4.337%Backpack0.7037+4.345%Kraken Futures0.7038+4.358%Binance0.7038+4.359%OKX0.7038+4.359%Pacifica0.7039+4.376%
KuCoin
Deribit
Bitget
SunX
Aster
Lighter
Bybit
Hyperliquid
Backpack
Kraken Futures
Binance
OKX
PacificaCoinbase International0.7113+5.472%
VIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.070% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.445% | −0.0111% | 4h | $569K | $805K | — | as long as short |
| edgeX VIRTUALUSDC | −0.344% | +0.0100% | 4h | $18K | $255K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.272% | −0.0073% | 1h | $40K | $241K | 50x | as long as short |
| Phoenix VIRTUAL | −0.223% | −0.0159% | 1h | $11K | $54K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.173% | −0.0216% | 1h | $2K | $131 | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.143% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| BloFin VIRTUAL-USDT | −0.116% | +0.0340% | 4h | $822K | $760K | 75x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.107% | +0.0100% | 1h | $33K | $796K | 5x | as long as short |
| Gate VIRTUAL_USDT | −0.059% | +0.0090% | 4h | $1.4M | $3.0M | 75x | as long as short |