After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.171%7d average+0.001%fees + slippage, in and out−$40spread needed0.395%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VIRTUAL-USDT | 0.7015 | 0.0100 | pay 0.0050% / 4h | 2h 36m | — | $8.1M | — |
| Short | BloFin VIRTUAL-USDT | 0.7027 | 0.0340 | get 0.0170% / 4h | 2h 36m | $822K | $764K | 75x |
BingX VIRTUAL-USDT
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
- $17.11
- Funding while held
- $7.2
- Slippage, 4 orders
- −$17.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.2
- Spread needed to break even
- 0.395%
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 2 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 BingX live order book, 8 min ago | 1.42 bp | 7.6 bp −$8 | 12.3 bp −$123 | 26.2 bp −$2,623 | 83.7 bp −$41.8K |
| Sell BloFin live order book, 2 min ago | 2.84 bp | 12.5 bp −$12 | 27.9 bp −$279 | 66.8 bp −$6,675 | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.6999+3.779%Lighter0.7011+3.959%Gate0.7013+3.989%MEXC0.7013+3.989%Extended0.7014+4.003%Phoenix0.7015+4.011%Binance0.7015+4.018%Bybit0.7015+4.018%Bitget0.7015+4.018%
Injective
Variational Omni
Lighter
Gate
MEXC
Extended
Phoenix
Binance
Bybit
BitgetBingX0.7015+4.018%
OKX0.7016+4.033%01 Exchange0.7016+4.033%KuCoin0.7017+4.048%Pacifica0.7017+4.055%SoDEX0.7018+4.063%edgeX0.7019+4.081%ApeX Omni0.7021+4.107%Hyperliquid0.7023+4.134%Aster0.7023+4.140%Backpack0.7024+4.152%Aevo0.7025+4.173%Deribit0.7026+4.181%Reya0.7027+4.195%Orderly0.7027+4.196%
OKX
KuCoin
Pacifica
SoDEX
ApeX Omni
Hyperliquid
Aster
Backpack
Aevo
Deribit
Reya
OrderlyBloFin0.7027+4.196%
SunX0.7028+4.211%GMX0.7029+4.224%gTrade (Gains Network)0.7031+4.255%Polymarket Perps0.7033+4.290%Kraken Futures0.7035+4.316%Coinbase International0.7113+5.472%
SunX
GMX
gTrade (Gains Network)
Polymarket Perps
Kraken Futures
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 | −3.863% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.230% | −0.0111% | 4h | $569K | $805K | — | as long as short |
| Lighter VIRTUAL | −0.057% | −0.0184% | 1h | $318K | $389K | 5x | as long as short |
| Gate VIRTUAL_USDT | −0.029% | +0.0084% | 4h | $1.4M | $3.0M | 75x | as long as short |
| MEXC VIRTUAL_USDT | −0.029% | +0.0100% | 4h | $16.0M | $4.0M | 100x | as long as short |
| Extended VIRTUAL-USD | −0.015% | +0.0104% | 1h | $55K | $245K | 10x | as long as short |
| Phoenix VIRTUAL | −0.007% | −0.0159% | 1h | $11K | $54K | 5x | as long as short |
| Binance VIRTUALUSDT | 0.000% | +0.0100% | 4h | $16.0M | $36.1M | 75x | as long as short |
| Bybit VIRTUALUSDT | 0.000% | −0.0289% | 4h | $15.4M | $15.5M | 50x | as long as short |
| Bitget VIRTUALUSDT | 0.000% | +0.0100% | 4h | $6.0M | $5.3M | 25x | as long as short |