After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.020%7d average−0.005%fees + slippage, in and out−$25spread needed0.253%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VIRTUALUSDT | 0.7079 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $16.4M | $36.3M | 75x |
| Short | MEXC VIRTUAL_USDT | 0.7078 | 0.0100 | get 0.0050% / 4h | 1h 00m | $15.9M | $3.9M | 100x |
Binance VIRTUALUSDT
MEXC 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
- −$2.03
- Funding while held
- $0
- Slippage, 4 orders
- −$15.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$27.33
- Spread needed to break even
- 0.253%
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 4 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, 12 min ago | 1.41 bp | 8.5 bp −$9 | 20.1 bp −$201 | 101.8 bp −$10.2K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.70 bp | 4.6 bp −$5 | 11.2 bp −$112 | 94.3 bp −$9,435 | 261.1 bp −$130.5K |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestOKX0.7074+4.893%Extended0.7074+4.899%Bybit0.7076+4.923%
Injective
OKX
Extended
BybitMEXC0.7078+4.953%
BingX0.7078+4.953%Reya0.7078+4.959%
BingX
ReyaBinance0.7079+4.974%
01 Exchange0.7080+4.982%Deribit0.7081+4.997%SoDEX0.7081+5.000%Gate0.7082+5.012%Aevo0.7082+5.012%KuCoin0.7083+5.027%Backpack0.7083+5.027%Orderly0.7083+5.027%Lighter0.7083+5.028%gTrade (Gains Network)0.7083+5.031%GMX0.7083+5.034%SunX0.7084+5.042%BloFin0.7084+5.042%Polymarket Perps0.7084+5.046%Aster0.7085+5.050%Pacifica0.7085+5.055%Bitget0.7085+5.056%Hyperliquid0.7089+5.119%Phoenix0.7092+5.159%Kraken Futures0.7093+5.182%ApeX Omni0.7105+5.353%edgeX0.7107+5.381%Coinbase International0.7126+5.664%Variational Omni0.7130+5.726%
Deribit
SoDEX
Gate
Aevo
KuCoin
Backpack
Orderly
Lighter
gTrade (Gains Network)
GMX
SunX
BloFin
Polymarket Perps
Aster
Pacifica
Bitget
Hyperliquid
Phoenix
Kraken Futures
ApeX Omni
Coinbase International
Variational OmniVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.738% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.077% | +0.0100% | 4h | $2.8M | $10.4M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.071% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.049% | +0.0100% | 4h | $15.6M | $15.7M | 50x | as long as short |
| MEXC VIRTUAL_USDTshort | −0.020% | +0.0100% | 4h | $15.9M | $3.9M | 100x | |
| BingX VIRTUAL-USDT | −0.020% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Reya VIRTUALRUSDPERP | −0.014% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Binance VIRTUALUSDTlong | 0.000% | +0.0100% | 4h | $16.4M | $36.3M | 75x | |
| 01 Exchange VIRTUALUSD | +0.008% | −0.0176% | 1h | $2K | $539 | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | +0.022% | −0.0315% | 1h | $25K | $30K | 10x | as long as short |