After costs, if the gap returns to its 7d average, $10k−$46
spread now+0.071%7d average+0.036%fees + slippage, in and out−$50spread needed0.495%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VIRTUAL-USDT | 0.7007 | 0.0100 | pay 0.0050% / 4h | 2h 24m | — | $8.2M | — |
| Short | Gate VIRTUAL_USDT | 0.7012 | 0.0076 | get 0.0038% / 4h | 2h 24m | $1.5M | $3.1M | 75x |
BingX VIRTUAL-USDT
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
- $7.14
- Funding while held
- −$0.72
- Slippage, 4 orders
- −$24.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$43.11
- Spread needed to break even
- 0.495%
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0024%
- Per $10,000 a day
- −$0.72
- 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, 5 min ago | 1.43 bp | 7.7 bp −$8 | 12.1 bp −$121 | 25.9 bp −$2,592 | 92.4 bp −$46.2K |
| Sell Gate live order book, 5 min ago | 2.14 bp | 17.3 bp −$17 | 67.7 bp −$677 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestBybit0.7004+3.855%Lighter0.7005+3.875%OKX0.7007+3.900%
Injective
Bybit
Lighter
OKXBingX0.7007+3.900%
Binance0.7009+3.925%Reya0.7009+3.929%SoDEX0.7009+3.929%Orderly0.7010+3.944%Aevo0.7011+3.953%Extended0.7011+3.954%01 Exchange0.7011+3.959%MEXC0.7011+3.959%
Binance
Reya
SoDEX
Orderly
Aevo
Extended
MEXCGate0.7012+3.974%
Deribit0.7012+3.974%Polymarket Perps0.7013+3.986%Pacifica0.7013+3.991%Aster0.7013+3.991%gTrade (Gains Network)0.7013+3.991%GMX0.7013+3.992%KuCoin0.7014+4.004%Backpack0.7014+4.004%SunX0.7014+4.004%Hyperliquid0.7014+4.009%Bitget0.7015+4.018%Phoenix0.7015+4.021%BloFin0.7016+4.033%ApeX Omni0.7017+4.048%edgeX0.7018+4.062%Kraken Futures0.7022+4.128%Variational Omni0.7031+4.254%Coinbase International0.7113+5.472%
Deribit
Polymarket Perps
Pacifica
Aster
gTrade (Gains Network)
GMX
KuCoin
Backpack
SunX
Hyperliquid
Bitget
Phoenix
BloFin
ApeX Omni
Kraken Futures
Variational Omni
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 | −3.753% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.043% | −0.0229% | 4h | $15.4M | $15.4M | 50x | as long as short |
| Lighter VIRTUAL | −0.024% | −0.0128% | 1h | $318K | $389K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | 0.000% | +0.0100% | 4h | $2.7M | $9.8M | 20x | as long as short |
| BingX VIRTUAL-USDTlong | 0.000% | +0.0100% | 4h | — | $8.2M | — | |
| Binance VIRTUALUSDT | +0.025% | +0.0100% | 4h | $16.0M | $35.9M | 75x | as long as short |
| Reya VIRTUALRUSDPERP | +0.028% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| SoDEX VIRTUAL-USD | +0.029% | +0.0002% | 1h | $1K | $9K | 5x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.043% | +0.0059% | 4h | $14K | $1.5M | 10x | as long as short |
| Aevo VIRTUAL-PERP | +0.051% | +0.0104% | 1h | $17K | $505 | 3x | as long as short |