After costs, if the gap returns to its 7d average, $10k−$69
spread now−0.071%7d average−0.020%fees + slippage, in and out−$64spread needed0.635%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack VIRTUAL_USDC_PERP | 0.7024 | 0.0100 | pay 0.0013% / 1h | 36m 14s | $231K | $172K | 10x |
| Short | KuCoin VIRTUALUSDTM | 0.7019 | 0.0100 | get 0.0050% / 4h | 2h 36m | $3.0M | $4.2M | 50x |
Backpack VIRTUAL_USDC_PERP
KuCoin VIRTUALUSDTMPrice 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
- −$7.12
- Funding while held
- $0
- Slippage, 4 orders
- −$41.53
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$70.64
- Spread needed to break even
- 0.635%
Slippage from Backpack: live order book, 3 min ago; KuCoin: live order book, 8 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 Backpack live order book, 3 min ago | 2.13 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 1.42 bp | 16.3 bp −$16 | 43.7 bp −$437 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.6999+3.779%Gate0.7014+4.004%Phoenix0.7015+4.011%Reya0.7015+4.021%01 Exchange0.7016+4.033%BingX0.7016+4.033%Pacifica0.7017+4.055%Aster0.7018+4.065%
Injective
Variational Omni
Gate
Phoenix
Reya
BingX
Pacifica
AsterKuCoin0.7019+4.078%
Polymarket Perps0.7019+4.078%edgeX0.7019+4.081%Extended0.7021+4.106%MEXC0.7021+4.107%ApeX Omni0.7021+4.107%Orderly0.7021+4.107%SunX0.7021+4.107%GMX0.7021+4.110%gTrade (Gains Network)0.7021+4.114%Lighter0.7022+4.124%SoDEX0.7023+4.130%Deribit0.7023+4.137%Hyperliquid0.7023+4.138%Aevo0.7023+4.144%
Polymarket Perps
Extended
MEXC
ApeX Omni
Orderly
SunX
GMX
gTrade (Gains Network)
Lighter
SoDEX
Deribit
Hyperliquid
AevoBackpack0.7024+4.152%
Bybit0.7025+4.167%OKX0.7025+4.167%Binance0.7025+4.168%Bitget0.7027+4.196%BloFin0.7027+4.196%Kraken Futures0.7034+4.297%Coinbase International0.7113+5.472%
Bybit
OKX
Binance
Bitget
BloFin
Kraken Futures
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 | −3.986% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.358% | −0.0111% | 4h | $569K | $805K | — | as long as short |
| Gate VIRTUAL_USDT | −0.142% | +0.0084% | 4h | $1.4M | $3.0M | 75x | as long as short |
| Phoenix VIRTUAL | −0.135% | −0.0159% | 1h | $11K | $54K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.126% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.114% | −0.0208% | 1h | $2K | $131 | 10x | as long as short |
| BingX VIRTUAL-USDT | −0.114% | +0.0100% | 4h | — | $8.1M | — | as long as short |
| Pacifica VIRTUAL | −0.093% | +0.0100% | 1h | $72K | $41K | 5x | as long as short |
| Aster VIRTUALUSDT | −0.083% | +0.0100% | 4h | $182K | $58K | 20x | as long as short |
| KuCoin VIRTUALUSDTMshort | −0.071% | +0.0100% | 4h | $3.0M | $4.2M | 50x |