After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.099%7d average+0.005%fees + slippage, in and out−$51spread needed0.512%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VIRTUALUSDT | 0.7121 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $16.5M | $36.2M | 75x |
| Short | BloFin VIRTUAL-USDT | 0.7128 | 0.0340 | get 0.0170% / 4h | 1h 04m | $839K | $776K | 75x |
Binance VIRTUALUSDT
BloFin 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
- $9.86
- Funding while held
- $7.2
- Slippage, 4 orders
- −$29.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.14
- Spread needed to break even
- 0.512%
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 48 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0240%
- Per $10,000 a day
- +$7.20
- 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, 8 min ago | 1.41 bp | 8.5 bp −$9 | 20.1 bp −$201 | 101.8 bp −$10.2K | doesn't fit |
| Sell BloFin live order book, 48 min ago | 8.58 bp | 16.6 bp −$17 | 28.2 bp −$282 | 79.7 bp −$7,970 | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
edgeX0.7101+5.300%Phoenix0.7111+5.442%01 Exchange0.7115+5.501%Reya0.7117+5.525%ApeX Omni0.7117+5.531%Gate0.7118+5.546%Pacifica0.7118+5.549%OKX0.7119+5.560%Extended0.7119+5.564%MEXC0.7120+5.575%BingX0.7120+5.575%GMX0.7120+5.579%
Injective
Phoenix
Reya
ApeX Omni
Gate
Pacifica
OKX
Extended
MEXC
BingX
GMXBinance0.7121+5.590%
Bybit0.7121+5.590%KuCoin0.7121+5.590%Deribit0.7121+5.590%Aevo0.7122+5.599%gTrade (Gains Network)0.7122+5.605%Polymarket Perps0.7123+5.620%Orderly0.7123+5.620%SoDEX0.7123+5.620%Backpack0.7124+5.635%Aster0.7125+5.644%SunX0.7125+5.649%Lighter0.7125+5.651%Bitget0.7126+5.664%Coinbase International0.7126+5.664%
Bybit
KuCoin
Deribit
Aevo
gTrade (Gains Network)
Polymarket Perps
Orderly
SoDEX
Backpack
Aster
SunX
Lighter
Bitget
Coinbase InternationalBloFin0.7128+5.694%
Variational Omni0.7130+5.726%Hyperliquid0.7133+5.761%Kraken Futures0.7137+5.829%
Variational Omni
Hyperliquid
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 | −5.294% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| edgeX VIRTUALUSDC | −0.274% | +0.0100% | 4h | $18K | $254K | 10x | as long as short |
| Phoenix VIRTUAL | −0.140% | −0.0181% | 1h | $11K | $43K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.084% | −0.0184% | 1h | $2K | $539 | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.061% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.056% | +0.0100% | 1h | $40K | $242K | 50x | as long as short |
| Gate VIRTUAL_USDT | −0.042% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |
| Pacifica VIRTUAL | −0.039% | +0.0100% | 1h | $72K | $39K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.028% | +0.0100% | 4h | $2.8M | $10.4M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.024% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |