After costs, if the gap returns to its 7d average, $10k−$84
spread now+0.099%7d average+0.217%fees + slippage, in and out−$72spread needed0.717%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster VIRTUALUSDT | 0.7081 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $184K | $78K | 20x |
| Short | Coinbase International VIRTUAL-PERP-INTX | 0.7088 | 0.0336 | get 0.0042% / 1h | 0m 07s | $194K | $149K | 50x |
Aster VIRTUALUSDT
Coinbase International VIRTUAL-PERP-INTXPrice 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
- $9.89
- Funding while held
- $7.08
- Slippage, 4 orders
- −$53.72
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$54.75
- Spread needed to break even
- 0.717%
Slippage from Aster: live order book, 58 min ago; Coinbase International: live order book, 59 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0236%
- Per $10,000 a day
- +$7.08
- 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, 58 min ago | 7.74 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 59 min ago | 6.33 bp | 11.3 bp −$11 | 1022.0 bp −$10.2K | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestBinance0.7067+4.789%Bybit0.7068+4.804%OKX0.7072+4.864%Extended0.7072+4.866%BingX0.7073+4.878%Polymarket Perps0.7073+4.881%Backpack0.7074+4.893%Deribit0.7074+4.893%Reya0.7074+4.895%Aevo0.7075+4.903%Orderly0.7075+4.908%SoDEX0.7076+4.915%MEXC0.7076+4.923%KuCoin0.7076+4.923%Lighter0.7077+4.941%Gate0.7078+4.953%gTrade (Gains Network)0.7078+4.958%Bitget0.7079+4.967%GMX0.7080+4.982%Hyperliquid0.7080+4.987%
Injective
Binance
Bybit
OKX
Extended
BingX
Polymarket Perps
Backpack
Deribit
Reya
Aevo
Orderly
SoDEX
MEXC
KuCoin
Lighter
Gate
gTrade (Gains Network)
Bitget
GMX
HyperliquidAster0.7081+4.997%
SunX0.7081+4.997%Kraken Futures0.7084+5.045%01 Exchange0.7085+5.056%
SunX
Kraken FuturesCoinbase International0.7088+5.101%
Pacifica0.7094+5.190%BloFin0.7095+5.205%Variational Omni0.7097+5.235%ApeX Omni0.7099+5.264%edgeX0.7105+5.359%Phoenix0.7109+5.411%
Pacifica
BloFin
Variational Omni
ApeX Omni
PhoenixVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.759% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Binance VIRTUALUSDT | −0.198% | +0.0100% | 4h | $16.5M | $35.0M | 75x | as long as short |
| Bybit VIRTUALUSDT | −0.184% | +0.0100% | 4h | $15.6M | $15.2M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.127% | +0.0100% | 4h | $2.8M | $10.2M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.125% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| BingX VIRTUAL-USDT | −0.113% | +0.0100% | 4h | — | $8.3M | — | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.110% | −0.0530% | 1h | $30K | $778K | 5x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.099% | +0.0100% | 1h | $230K | $163K | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.099% | −0.0315% | 1h | $15K | $20K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.097% | −0.0139% | 1h | $24 | — | 10x | as long as short |