Spread before costs (cost unknown: a leg has no order-book sample)+0.889%
7d average—if it closes, per $10,000$89funding while held, a day−$5.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo VIRTUAL-PERP | 0.7005 | 0.0104 | pay 0.0013% / 1h | 40m 56s | $17K | $505 | 3x |
| Short | Variational Omni VIRTUAL | 0.7067 | −0.0077 | pay 0.0039% / 4h | 2h 40m | $575K | $805K | — |
Aevo VIRTUAL-PERP
Variational Omni 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
- $88.9
- Funding while held
- −$5.44
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $67.46
- Spread needed to break even
- 0.160%
Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 64 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0181%
- Per $10,000 a day
- −$5.44
- 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 Variational Omni RFQ quote, 64 min ago | 4.23 bp | doesn't fit | 21.1 bp −$211 | 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.Injective0.6744cheapestLighter0.7002+3.820%SoDEX0.7005+3.863%
Injective
Lighter
SoDEXAevo0.7005+3.870%
BloFin0.7006+3.885%Reya0.7006+3.891%Bybit0.7007+3.900%OKX0.7008+3.915%Gate0.7008+3.915%Orderly0.7008+3.915%Deribit0.7008+3.915%Extended0.7009+3.929%01 Exchange0.7009+3.929%MEXC0.7009+3.929%KuCoin0.7009+3.929%Aster0.7009+3.930%Bitget0.7010+3.944%Backpack0.7010+3.944%GMX0.7010+3.945%Pacifica0.7010+3.946%SunX0.7011+3.959%gTrade (Gains Network)0.7011+3.960%Polymarket Perps0.7011+3.961%Hyperliquid0.7013+3.986%BingX0.7013+3.989%Binance0.7015+4.018%Kraken Futures0.7019+4.083%Phoenix0.7032+4.272%ApeX Omni0.7047+4.493%edgeX0.7048+4.511%
BloFin
Reya
Bybit
OKX
Gate
Orderly
Deribit
Extended
MEXC
KuCoin
Aster
Bitget
Backpack
GMX
Pacifica
SunX
gTrade (Gains Network)
Polymarket Perps
Hyperliquid
BingX
Binance
Kraken Futures
Phoenix
ApeX OmniVariational Omni0.7067+4.793%
Coinbase International0.7113+5.472%
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 | −3.725% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Lighter VIRTUAL | −0.048% | −0.0224% | 1h | $318K | $389K | 5x | as long as short |
| SoDEX VIRTUAL-USD | −0.007% | −0.0121% | 1h | $1K | $9K | 5x | as long as short |
| Aevo VIRTUAL-PERPlong | 0.000% | +0.0104% | 1h | $17K | $505 | 3x | |
| BloFin VIRTUAL-USDT | +0.015% | +0.0340% | 4h | $816K | $758K | 75x | as long as short |
| Reya VIRTUALRUSDPERP | +0.020% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| Bybit VIRTUALUSDT | +0.029% | −0.0303% | 4h | $15.3M | $15.5M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.043% | +0.0100% | 4h | $2.7M | $9.8M | 20x | as long as short |
| Gate VIRTUAL_USDT | +0.043% | +0.0086% | 4h | $1.4M | $3.0M | 75x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.043% | +0.0056% | 4h | $14K | $1.5M | 10x | as long as short |