Spread before costs (cost unknown: a leg has no order-book sample)+0.103%
7d average—if it closes, per $10,000$10funding while held, a day+$1.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo VIRTUAL-PERP | 0.7093 | 0.0104 | pay 0.0013% / 1h | 0m 52s | $18K | $505 | 3x |
| Short | Hyperliquid VIRTUAL | 0.7101 | 0.0161 | get 0.0020% / 1h | 0m 52s | $9.4M | $3.1M | 5x |
Aevo VIRTUAL-PERP
Hyperliquid VIRTUALPrice 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
- $10.31
- Funding while held
- $1.72
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$12.98
- Spread needed to break even
- 0.250%
Slippage unknown: Aevo: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0057%
- Per $10,000 a day
- +$1.72
- 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 Hyperliquid live order book, 3 min ago | 1.48 bp | 7.2 bp −$7 | doesn't fit | 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.Injective0.6744cheapestExtended0.7086+5.077%Bybit0.7088+5.101%OKX0.7089+5.116%Binance0.7091+5.145%
Injective
Extended
Bybit
OKX
BinanceAevo0.7093+5.179%
MEXC0.7094+5.190%Orderly0.7094+5.190%Deribit0.7094+5.190%BingX0.7095+5.205%BloFin0.7095+5.205%Polymarket Perps0.7096+5.212%SoDEX0.7096+5.215%Gate0.7096+5.219%Reya0.7096+5.222%KuCoin0.7097+5.234%Lighter0.7097+5.236%Backpack0.7098+5.249%GMX0.7098+5.253%gTrade (Gains Network)0.7098+5.256%Bitget0.7099+5.264%ApeX Omni0.7099+5.264%Aster0.7099+5.266%
MEXC
Orderly
Deribit
BingX
BloFin
Polymarket Perps
SoDEX
Gate
Reya
KuCoin
Lighter
Backpack
GMX
gTrade (Gains Network)
Bitget
ApeX Omni
AsterHyperliquid0.7101+5.288%
01 Exchange0.7101+5.294%Kraken Futures0.7101+5.300%Pacifica0.7103+5.323%edgeX0.7105+5.359%SunX0.7108+5.397%Phoenix0.7109+5.411%Variational Omni0.7113+5.475%Coinbase International0.7136+5.813%
Kraken Futures
Pacifica
SunX
Phoenix
Variational Omni
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 | −4.924% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Extended VIRTUAL-USD | −0.097% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.075% | +0.0100% | 4h | $15.8M | $15.0M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.060% | +0.0100% | 4h | $2.8M | $10.2M | 20x | as long as short |
| Binance VIRTUALUSDT | −0.032% | +0.0100% | 4h | $16.6M | $34.9M | 75x | as long as short |
| Aevo VIRTUAL-PERPlong | 0.000% | +0.0104% | 1h | $18K | $505 | 3x | |
| MEXC VIRTUAL_USDT | +0.010% | +0.0100% | 4h | $16.4M | $3.8M | 100x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.010% | +0.0078% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | +0.010% | −0.0313% | 1h | $15K | $20K | 10x | as long as short |
| BingX VIRTUAL-USDT | +0.024% | +0.0100% | 4h | — | $8.3M | — | as long as short |