After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.004%7d average+0.004%fees + slippage, in and out−$40spread needed0.400%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VIRTUALUSDT | 0.7085 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $16.6M | $35.0M | 75x |
| Short | BingX VIRTUAL-USDT | 0.7085 | 0.0100 | get 0.0050% / 4h | 1h 59m | — | $8.3M | — |
Binance VIRTUALUSDT
BingX VIRTUAL-USDTPrice 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
- −$0.36
- Funding while held
- $0
- Slippage, 4 orders
- −$20.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$40.37
- Spread needed to break even
- 0.400%
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 15 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 Binance live order book, 14 min ago | 0.71 bp | 9.6 bp −$10 | 20.5 bp −$205 | 102.6 bp −$10.3K | doesn't fit |
| Sell BingX live order book, 15 min ago | 2.13 bp | 9.2 bp −$9 | 13.3 bp −$133 | 26.2 bp −$2,615 | 87.3 bp −$43.6K |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestSoDEX0.7076+4.915%Phoenix0.7076+4.923%Pacifica0.7078+4.950%Bybit0.7079+4.967%Polymarket Perps0.7079+4.975%01 Exchange0.7080+4.982%Reya0.7080+4.988%OKX0.7083+5.027%
Injective
SoDEX
Phoenix
Pacifica
Bybit
Polymarket Perps
Reya
OKXBingX0.7085+5.056%
Extended0.7085+5.057%
ExtendedBinance0.7085+5.060%
gTrade (Gains Network)0.7087+5.083%GMX0.7087+5.085%Deribit0.7087+5.086%Aevo0.7087+5.090%Orderly0.7088+5.101%KuCoin0.7089+5.116%Lighter0.7090+5.130%MEXC0.7090+5.130%Gate0.7091+5.145%BloFin0.7091+5.145%Aster0.7091+5.152%Bitget0.7092+5.160%Backpack0.7093+5.175%SunX0.7095+5.205%Hyperliquid0.7095+5.208%Coinbase International0.7096+5.219%Variational Omni0.7097+5.235%edgeX0.7097+5.237%ApeX Omni0.7099+5.264%Kraken Futures0.7100+5.280%
gTrade (Gains Network)
GMX
Deribit
Aevo
Orderly
KuCoin
Lighter
MEXC
Gate
BloFin
Aster
Bitget
Backpack
SunX
Hyperliquid
Coinbase International
Variational Omni
ApeX Omni
Kraken FuturesVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.816% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| SoDEX VIRTUAL-USD | −0.138% | −0.0016% | 1h | $211 | $8K | 5x | as long as short |
| Phoenix VIRTUAL | −0.131% | −0.0101% | 1h | $11K | $42K | 5x | as long as short |
| Pacifica VIRTUAL | −0.105% | +0.0100% | 1h | $71K | $37K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.088% | +0.0100% | 4h | $15.6M | $15.2M | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.081% | +0.0100% | 1h | $30K | $778K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.074% | −0.0224% | 1h | $2K | $539 | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.069% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.032% | +0.0100% | 4h | $2.8M | $10.2M | 20x | as long as short |
| BingX VIRTUAL-USDTshort | −0.004% | +0.0100% | 4h | — | $8.3M | — |