After costs, if the gap returns to its 7d average, $10k−$57
spread now+0.014%7d average+0.040%fees + slippage, in and out−$54spread needed0.543%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VIRTUALUSDT | 0.7132 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $16.7M | $33.5M | 75x |
| Short | Gate VIRTUAL_USDT | 0.7133 | 0.0100 | get 0.0050% / 4h | 2h 41m | $1.5M | $2.8M | 75x |
Binance VIRTUALUSDT
Gate 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
- $1.4
- Funding while held
- $0
- Slippage, 4 orders
- −$29.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$52.93
- Spread needed to break even
- 0.543%
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 3 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, 2 min ago | 0.70 bp | 9.0 bp −$9 | 18.8 bp −$188 | 98.4 bp −$9,837 | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.11 bp | 17.2 bp −$17 | 97.5 bp −$975 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
Variational Omni0.7112+5.457%edgeX0.7115+5.496%ApeX Omni0.7119+5.560%Phoenix0.7120+5.583%Aevo0.7125+5.651%Polymarket Perps0.7125+5.655%BloFin0.7126+5.664%Reya0.7126+5.664%Extended0.7126+5.669%Orderly0.7127+5.679%SoDEX0.7127+5.687%01 Exchange0.7128+5.694%Lighter0.7129+5.709%BingX0.7129+5.709%MEXC0.7130+5.724%KuCoin0.7130+5.724%Deribit0.7130+5.724%Bybit0.7131+5.738%SunX0.7131+5.738%gTrade (Gains Network)0.7132+5.749%
Injective
Variational Omni
ApeX Omni
Phoenix
Aevo
Polymarket Perps
BloFin
Reya
Extended
Orderly
SoDEX
Lighter
BingX
MEXC
KuCoin
Deribit
Bybit
SunX
gTrade (Gains Network)Binance0.7132+5.753%
OKX0.7132+5.753%Bitget0.7132+5.753%Kraken Futures0.7133+5.761%GMX0.7133+5.762%Pacifica0.7133+5.768%
OKX
Bitget
Kraken Futures
GMX
PacificaGate0.7133+5.768%
Aster0.7133+5.770%Backpack0.7135+5.798%Hyperliquid0.7145+5.943%Coinbase International0.7152+6.050%
Aster
Backpack
Hyperliquid
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 | −5.440% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.280% | +0.0070% | 4h | $714K | $571K | — | as long as short |
| edgeX VIRTUALUSDC | −0.243% | +0.0100% | 4h | $19K | $250K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.182% | +0.0084% | 1h | $42K | $226K | 50x | as long as short |
| Phoenix VIRTUAL | −0.161% | −0.0101% | 1h | $12K | $42K | 5x | as long as short |
| Aevo VIRTUAL-PERP | −0.097% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.093% | −0.0425% | 1h | $34K | $708K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −0.084% | +0.0340% | 4h | $850K | $706K | 75x | as long as short |
| Reya VIRTUALRUSDPERP | −0.084% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Extended VIRTUAL-USD | −0.080% | +0.0104% | 1h | $55K | $240K | 10x | as long as short |