After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.023%7d average−0.036%fees + slippage, in and out−$52spread needed0.518%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VIRTUALUSDT | 0.7117 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $16.5M | $37.2M | 75x |
| Short | Extended VIRTUAL-USD | 0.7116 | 0.0104 | get 0.0013% / 1h | 31m 39s | $55K | $244K | 10x |
Price 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
- −$2.26
- Funding while held
- $0.12
- Slippage, 4 orders
- −$36.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$53.92
- Spread needed to break even
- 0.518%
Slippage from Binance: live order book, 12 min ago; Extended: live order book, 58 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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, 12 min ago | 0.70 bp | 10.1 bp −$10 | 21.4 bp −$214 | 102.3 bp −$10.2K | doesn't fit |
| Sell Extended live order book, 58 min ago | 2.50 bp | 15.3 bp −$15 | 243.5 bp −$2,435 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.VIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −5.247% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Aevo VIRTUAL-PERP | −0.390% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| BloFin VIRTUAL-USDT | −0.372% | +0.0340% | 4h | $828K | $791K | 75x | as long as short |
| Phoenix VIRTUAL | −0.359% | −0.0090% | 1h | $11K | $46K | 5x | as long as short |
| SunX VIRTUAL-USDT | −0.316% | +0.0100% | 4h | $1K | $1.3M | 20x | as long as short |
| Reya VIRTUALRUSDPERP | −0.290% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.259% | +0.0064% | 4h | $14K | $1.5M | 10x | as long as short |
| SoDEX VIRTUAL-USD | −0.259% | −0.0056% | 1h | $211 | $8K | 5x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.245% | −0.0172% | 1h | $15K | $40K | 10x | as long as short |
| gTrade (Gains Network) VIRTUAL/USD | −0.206% | L +0.0007% / S −0.0004% | 1h | $12K | — | 150x | as long as short |
Binance VIRTUALUSDT
Extended VIRTUAL-USD
Injective
BloFin
Phoenix
SunX
SoDEX
Deribit
gTrade (Gains Network)
GMX
Polymarket Perps
Aster
Backpack
Variational Omni
Kraken Futures
Lighter
Bybit
MEXC
KuCoin
BingX
OKX
Hyperliquid
Gate
Bitget
ApeX Omni
Pacifica
Coinbase International