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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against Aevo+0.099%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.099% dearer against Aevo than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo VIRTUAL-PERP0.72600.0104pay 0.0013% / 1h51m 17s$18K$5053x
ShortPolymarket Perps VIRTUAL-USD0.72680.0100get 0.0013% / 1h51m 17s$32K$943K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aevo. 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
−$0.84
Price spread: +0.099% → 0.000%
$9.94
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$14.9
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Polymarket Perps: live order book, 27 min ago. 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 Aevo no order-book sample
Sell Polymarket Perps live order book, 27 min ago3.48 bp7.6 bp −$87.7 bp −$77doesn't fitdoesn'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 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
Reya VIRTUALRUSDPERP−0.0139%1h0.7261+0.006%$2410xas long as short
01 Exchange VIRTUALUSD−0.0072%1h0.7262+0.022%$2K$13110xas long as short
Phoenix VIRTUAL−0.0066%1h0.7269+0.117%$11K$40K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL−0.0025%1h0.7262+0.022%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0004%1h0.7264+0.046%$13K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−1.975%$46$88K5.5xas long as short
Lighter VIRTUAL+0.0072%1h0.7255−0.077%$330K$413K5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0092%4h0.7263+0.036%$14K$1.5M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7263+0.037%$191K$95K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7263+0.032%$73K$44K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VIRTUALUSDT+0.0100%4h0.7266+0.078%$16.5M$38.0M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7267+0.091%$15.9M$16.1M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7269+0.119%$2.9M$9.4M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7259−0.019%$1.5M$2.9M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7261+0.009%$17.7M$4.2M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7261+0.009%$4.4M$4.1M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7266+0.077%$6.2M$5.4M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7260−0.005%$8.1Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7258−0.033%$241K$159K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7246−0.205%$529K$876Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7252−0.117%$19K$257K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7253−0.102%$642K$918K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7266+0.077%$40K$244K50xas long as short
Polymarket Perps VIRTUAL-USDshort+0.0100%1h0.7268+0.099%$32K$943K5x
SunX VIRTUAL-USDT+0.0100%4h0.7260−0.005%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7260+0.002%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7257−0.049%$54K$246K10xas long as short
Aevo VIRTUAL-PERPlong+0.0104%1h0.7260long leg$18K$5053x
Hyperliquid VIRTUAL+0.0242%1h0.7273+0.175%$8.9M$3.8M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0299% / S −0.0228%1h0.7264+0.050%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7257−0.047%$808K$844K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0448%1h0.7278+0.243%$198K$97K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0866%1h0.7274+0.189%$592K$595K50xas long as short