Spread before costs (cost unknown: a leg has no order-book sample)−0.019%
7d average—if it closes, per $10,000$2funding while held, a day+$3.73
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo VIRTUAL-PERP | 0.7122 | 0.0104 | pay 0.0013% / 1h | 5m 06s | $18K | $505 | 3x |
| Short | GMX VIRTUAL/USD [WBTC.b-USDC] | 0.7120 | L +0.0297% / S −0.0228% | get 0.0029% / 1h | 5m 06s | $30K | — | 100x |
Aevo VIRTUAL-PERP
GMX VIRTUAL/USD [WBTC.b-USDC]Price 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
- −$1.94
- Funding while held
- $3.73
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$26.21
- Spread needed to break even
- 0.280%
Slippage unknown: Aevo: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0124%
- Per $10,000 a day
- +$3.73
- 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 GMX no order-book sample | — | — | — | — | — |
Aevo and GMX: 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.Injective0.6744cheapest
edgeX0.7101+5.300%Phoenix0.7111+5.442%01 Exchange0.7115+5.501%Reya0.7117+5.525%OKX0.7117+5.531%ApeX Omni0.7117+5.531%Bybit0.7118+5.546%Pacifica0.7118+5.549%BingX0.7119+5.560%Extended0.7119+5.564%
Injective
Phoenix
Reya
OKX
ApeX Omni
Bybit
Pacifica
BingX
ExtendedGMX0.7120+5.579%
Binance0.7121+5.584%Deribit0.7121+5.590%
Binance
DeribitAevo0.7122+5.599%
gTrade (Gains Network)0.7122+5.605%Polymarket Perps0.7123+5.620%Orderly0.7123+5.620%SoDEX0.7123+5.620%Gate0.7124+5.635%Bitget0.7124+5.635%Backpack0.7124+5.635%MEXC0.7125+5.649%KuCoin0.7125+5.649%SunX0.7125+5.649%Lighter0.7125+5.651%Coinbase International0.7126+5.664%Aster0.7126+5.665%BloFin0.7128+5.694%Variational Omni0.7130+5.726%Hyperliquid0.7133+5.761%Kraken Futures0.7137+5.829%
gTrade (Gains Network)
Polymarket Perps
Orderly
SoDEX
Gate
Bitget
Backpack
MEXC
KuCoin
SunX
Lighter
Coinbase International
Aster
BloFin
Variational Omni
Hyperliquid
Kraken FuturesVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −5.302% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| edgeX VIRTUALUSDC | −0.283% | +0.0100% | 4h | $18K | $254K | 10x | as long as short |
| Phoenix VIRTUAL | −0.149% | −0.0181% | 1h | $11K | $43K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.093% | −0.0184% | 1h | $2K | $539 | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.070% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.065% | +0.0100% | 4h | $2.8M | $10.4M | 20x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.065% | +0.0100% | 1h | $40K | $242K | 50x | as long as short |
| Bybit VIRTUALUSDT | −0.051% | +0.0100% | 4h | $15.7M | $15.7M | 50x | as long as short |
| Pacifica VIRTUAL | −0.047% | +0.0100% | 1h | $72K | $39K | 5x | as long as short |
| BingX VIRTUAL-USDT | −0.037% | +0.0100% | 4h | — | $8.3M | — | as long as short |