After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.025%7d average−0.048%fees + slippage, in and out−$51spread needed0.505%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni VIRTUALUSDT | 0.7120 | 0.0100 | pay 0.0013% / 1h | 28m 23s | $41K | $241K | 50x |
| Short | Binance VIRTUALUSDT | 0.7118 | 0.0100 | get 0.0050% / 4h | 3h 28m | $16.5M | $37.2M | 75x |
ApeX Omni VIRTUALUSDT
Binance VIRTUALUSDTPrice 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
- −$2.48
- Funding while held
- $0
- Slippage, 4 orders
- −$30.54
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.02
- Spread needed to break even
- 0.505%
Slippage from ApeX Omni: live order book, 14 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 ApeX Omni live order book, 14 min ago | 6.30 bp | 15.5 bp −$16 | 111.5 bp −$1,115 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.70 bp | 11.3 bp −$11 | 25.5 bp −$255 | 96.2 bp −$9,620 | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
Phoenix0.7092+5.165%SoDEX0.7100+5.286%Variational Omni0.7101+5.299%Lighter0.7103+5.320%SunX0.7103+5.323%BloFin0.7104+5.338%Deribit0.7105+5.353%Backpack0.7106+5.368%Extended0.7106+5.373%OKX0.7110+5.427%Pacifica0.7110+5.431%Aster0.7111+5.439%MEXC0.7111+5.442%Aevo0.7111+5.443%01 Exchange0.7112+5.457%Gate0.7112+5.457%KuCoin0.7112+5.457%Reya0.7112+5.458%Kraken Futures0.7113+5.465%Bybit0.7113+5.472%BingX0.7113+5.472%Orderly0.7113+5.472%edgeX0.7113+5.475%Bitget0.7117+5.531%Polymarket Perps0.7118+5.541%
Injective
Phoenix
SoDEX
Variational Omni
Lighter
SunX
BloFin
Deribit
Backpack
Extended
OKX
Pacifica
Aster
MEXC
Aevo
Gate
KuCoin
Reya
Kraken Futures
Bybit
BingX
Orderly
Bitget
Polymarket PerpsBinance0.7118+5.549%
ApeX Omni0.7120+5.575%
gTrade (Gains Network)0.7122+5.601%GMX0.7122+5.604%Hyperliquid0.7124+5.635%Coinbase International0.7131+5.738%
gTrade (Gains Network)
GMX
Hyperliquid
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 | −5.281% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.389% | −0.0090% | 1h | $11K | $46K | 5x | as long as short |
| SoDEX VIRTUAL-USD | −0.274% | −0.0085% | 1h | $213 | $8K | 5x | as long as short |
| Variational Omni VIRTUAL | −0.261% | +0.0038% | 4h | $599K | $803K | — | as long as short |
| Lighter VIRTUAL | −0.242% | −0.0056% | 1h | $323K | $412K | 5x | as long as short |
| SunX VIRTUAL-USDT | −0.239% | +0.0100% | 4h | $2K | $1.3M | 20x | as long as short |
| BloFin VIRTUAL-USDT | −0.225% | +0.0340% | 4h | $828K | $792K | 75x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.211% | −0.0313% | 1h | $15K | $40K | 10x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.197% | +0.0100% | 1h | $233K | $178K | 10x | as long as short |
| Extended VIRTUAL-USD | −0.192% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |