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

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0224%/8h= −24.5% APRnext payment $0.28 per $10,000 · paid last 24h −0.073%
Price spread now: 01 Exchange against Aevo+0.125%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.125% dearer against Aevo than usual: you sell high and buy low (spread +0.125% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 45 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo VIRTUAL-PERP0.71050.0104pay 0.0013% / 1h42m 54s$18K3x
Short01 Exchange VIRTUALUSD0.7114−0.0120pay 0.0015% / 1h42m 54s$2K$13110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$47.04
Price spread: +0.125% → 0.000%
$12.5
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$57.54
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Aevo and 01 Exchange: 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
Deribit VIRTUAL_USDC-PERPETUAL−0.0312%1h0.7108+0.041%$15K$40K10xas long as short
Lighter VIRTUAL−0.0168%1h0.7105+0.003%$323K$415K5xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7109+0.052%$2410xas long as short
01 Exchange VIRTUALUSDshort−0.0120%1h0.7114+0.125%$2K$13110x
Phoenix VIRTUAL−0.0034%1h0.7123+0.253%$11K$37K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7115+0.141%$14K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117+0.167%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0088%4h0.7106+0.012%$14K$1.5M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7115+0.136%$8.7M$4.1M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7114+0.129%$96K$292K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7130+0.347%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7100−0.072%$16.1M$40.6M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7103−0.030%$16.3M$18.4M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7104−0.016%$2.8M$9.8M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7111+0.083%$1.5M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7101−0.058%$17.3M$4.4M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7107+0.026%$2.9M$4.3M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7101−0.058%$6.1M$5.8M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7108+0.041%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7107+0.026%$235K$209K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7098−0.098%$530K$913Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7096−0.129%$19K$261K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7105−0.006%$630K$868K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7099−0.086%$40K$239K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7120+0.214%$53K$1.0M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7107+0.026%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7106+0.010%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7098−0.098%$55K$267K10xas long as short
Aevo VIRTUAL-PERPlong+0.0104%1h0.7105long leg$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0298% / S −0.0228%1h0.7113+0.116%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7102−0.044%$805K$888K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0416%1h0.7179+1.040%$207K$98K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0806%1h0.7115+0.143%$590K$665K50xas long as short