After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.362%7d average+0.059%fees + slippage, in and out−$51spread needed0.506%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni VIRTUALUSDT | 0.7119 | 0.0084 | pay 0.0010% / 1h | 41m 02s | $42K | $226K | 50x |
| Short | Hyperliquid VIRTUAL | 0.7145 | 0.0300 | get 0.0037% / 1h | 41m 02s | $9.7M | $2.7M | 5x |
ApeX Omni VIRTUALUSDT
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
- $36.24
- Funding while held
- $6.48
- Slippage, 4 orders
- −$31.57
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$7.84
- Spread needed to break even
- 0.506%
Slippage from ApeX Omni: live order book, 17 min ago; Hyperliquid: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0216%
- Per $10,000 a day
- +$6.48
- 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, 17 min ago | 7.04 bp | 14.8 bp −$15 | 95.5 bp −$955 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.28 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
Variational Omni0.7112+5.457%edgeX0.7115+5.496%
Injective
Variational OmniApeX Omni0.7119+5.560%
Phoenix0.7120+5.583%Aevo0.7125+5.651%Polymarket Perps0.7125+5.655%BloFin0.7126+5.664%Reya0.7126+5.664%Extended0.7126+5.669%Orderly0.7127+5.679%SoDEX0.7127+5.687%01 Exchange0.7128+5.694%Lighter0.7129+5.709%BingX0.7129+5.709%MEXC0.7130+5.724%KuCoin0.7130+5.724%Deribit0.7130+5.724%Bybit0.7131+5.738%SunX0.7131+5.738%gTrade (Gains Network)0.7132+5.749%Binance0.7132+5.753%OKX0.7132+5.753%Bitget0.7132+5.753%Kraken Futures0.7133+5.761%GMX0.7133+5.762%Pacifica0.7133+5.768%Gate0.7133+5.768%Aster0.7133+5.770%Backpack0.7135+5.798%
Phoenix
Aevo
Polymarket Perps
BloFin
Reya
Extended
Orderly
SoDEX
Lighter
BingX
MEXC
KuCoin
Deribit
Bybit
SunX
gTrade (Gains Network)
Binance
OKX
Bitget
Kraken Futures
GMX
Pacifica
Gate
Aster
BackpackHyperliquid0.7145+5.943%
Coinbase International0.7152+6.050%
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 | −5.268% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.098% | +0.0070% | 4h | $714K | $571K | — | as long as short |
| edgeX VIRTUALUSDC | −0.061% | +0.0100% | 4h | $19K | $250K | 10x | as long as short |
| ApeX Omni VIRTUALUSDTlong | 0.000% | +0.0084% | 1h | $42K | $226K | 50x | |
| Phoenix VIRTUAL | +0.021% | −0.0101% | 1h | $12K | $42K | 5x | as long as short |
| Aevo VIRTUAL-PERP | +0.086% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Polymarket Perps VIRTUAL-USD | +0.090% | −0.0425% | 1h | $34K | $708K | 5x | as long as short |
| BloFin VIRTUAL-USDT | +0.098% | +0.0340% | 4h | $850K | $706K | 75x | as long as short |
| Reya VIRTUALRUSDPERP | +0.098% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Extended VIRTUAL-USD | +0.103% | +0.0104% | 1h | $55K | $240K | 10x | as long as short |