After costs, if the gap returns to its 7d average, $10k−$68
spread now−0.099%7d average−0.022%fees + slippage, in and out−$60spread needed0.598%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster VIRTUALUSDT | 0.7105 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $184K | $67K | 20x |
| Short | Backpack VIRTUAL_USDC_PERP | 0.7098 | 0.0100 | get 0.0013% / 1h | 1m 11s | $231K | $163K | 10x |
Aster VIRTUALUSDT
Backpack VIRTUAL_USDC_PERPPrice 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
- −$9.93
- Funding while held
- $0
- Slippage, 4 orders
- −$41.81
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$69.74
- Spread needed to break even
- 0.598%
Slippage from Aster: live order book, 57 min ago; Backpack: live order book, 59 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 Aster live order book, 57 min ago | 7.74 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 59 min ago | 1.41 bp | 8.9 bp −$9 | 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
OKX0.7092+5.160%Extended0.7092+5.163%Aevo0.7093+5.179%Bybit0.7094+5.190%Orderly0.7094+5.190%Deribit0.7094+5.190%MEXC0.7095+5.205%BloFin0.7095+5.205%Polymarket Perps0.7096+5.212%SoDEX0.7096+5.215%Binance0.7096+5.219%Reya0.7096+5.222%BingX0.7097+5.234%Lighter0.7097+5.236%
Injective
OKX
Extended
Aevo
Bybit
Orderly
Deribit
MEXC
BloFin
Polymarket Perps
SoDEX
Binance
Reya
BingX
LighterBackpack0.7098+5.249%
GMX0.7098+5.253%gTrade (Gains Network)0.7098+5.256%ApeX Omni0.7099+5.264%Gate0.7100+5.279%KuCoin0.7100+5.279%01 Exchange0.7101+5.294%Kraken Futures0.7101+5.300%Bitget0.7102+5.308%Pacifica0.7103+5.323%
GMX
gTrade (Gains Network)
ApeX Omni
Gate
KuCoin
Kraken Futures
Bitget
PacificaAster0.7105+5.354%
edgeX0.7105+5.359%SunX0.7108+5.397%Hyperliquid0.7108+5.400%Phoenix0.7109+5.411%Variational Omni0.7113+5.475%Coinbase International0.7136+5.813%
SunX
Hyperliquid
Phoenix
Variational Omni
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 | −5.082% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.184% | +0.0100% | 4h | $2.8M | $10.2M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.182% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.166% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Bybit VIRTUALUSDT | −0.156% | +0.0100% | 4h | $15.8M | $15.0M | 50x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.156% | +0.0078% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.156% | −0.0313% | 1h | $15K | $20K | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.142% | +0.0100% | 4h | $16.4M | $3.8M | 100x | as long as short |
| BloFin VIRTUAL-USDT | −0.142% | +0.0340% | 4h | $843K | $725K | 75x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.135% | −0.0523% | 1h | $31K | $778K | 5x | as long as short |