After costs, if the gap returns to its 7d average, $10k−$58
spread now+0.094%7d average+0.038%fees + slippage, in and out−$64spread needed0.637%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster VIRTUALUSDT | 0.7134 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $185K | $65K | 20x |
| Short | Hyperliquid VIRTUAL | 0.7141 | 0.0301 | get 0.0038% / 1h | 41m 21s | $9.7M | $2.7M | 5x |
Aster 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
- $9.45
- Funding while held
- $6.04
- Slippage, 4 orders
- −$46.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$48.24
- Spread needed to break even
- 0.637%
Slippage from Aster: live order book, 17 min ago; Hyperliquid: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0201%
- Per $10,000 a day
- +$6.04
- 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, 17 min ago | 7.74 bp | 28.0 bp −$28 | doesn't fit | 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
BloFin0.7111+5.442%edgeX0.7115+5.496%Aevo0.7116+5.517%SoDEX0.7116+5.519%Orderly0.7117+5.531%Backpack0.7119+5.560%ApeX Omni0.7119+5.560%SunX0.7119+5.560%Deribit0.7119+5.560%Variational Omni0.7120+5.575%Phoenix0.7120+5.583%Kraken Futures0.7123+5.623%Polymarket Perps0.7125+5.655%Reya0.7126+5.664%Extended0.7127+5.677%OKX0.7127+5.679%BingX0.7127+5.679%Bybit0.7128+5.694%01 Exchange0.7128+5.694%Binance0.7129+5.709%KuCoin0.7129+5.709%Lighter0.7129+5.712%MEXC0.7130+5.724%gTrade (Gains Network)0.7132+5.749%Gate0.7132+5.753%GMX0.7133+5.762%Pacifica0.7133+5.768%Bitget0.7133+5.768%
Injective
BloFin
Aevo
SoDEX
Orderly
Backpack
ApeX Omni
SunX
Deribit
Variational Omni
Phoenix
Kraken Futures
Polymarket Perps
Reya
Extended
OKX
BingX
Bybit
Binance
KuCoin
Lighter
MEXC
gTrade (Gains Network)
Gate
GMX
Pacifica
BitgetAster0.7134+5.785%
Hyperliquid0.7141+5.885%
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 | −5.469% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| BloFin VIRTUAL-USDT | −0.325% | +0.0340% | 4h | $848K | $705K | 75x | as long as short |
| edgeX VIRTUALUSDC | −0.273% | +0.0100% | 4h | $19K | $250K | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.253% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| SoDEX VIRTUAL-USD | −0.252% | −0.0088% | 1h | $212 | $8K | 5x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.241% | +0.0083% | 4h | $14K | $1.5M | 10x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.212% | +0.0100% | 1h | $234K | $155K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.212% | +0.0084% | 1h | $42K | $226K | 50x | as long as short |
| SunX VIRTUAL-USDT | −0.212% | +0.0100% | 4h | $1K | $1.1M | 20x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.212% | −0.0452% | 1h | $5K | $10K | 10x | as long as short |