After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.187%7d average+0.083%fees + slippage, in and out−$55spread needed0.554%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VIRTUAL-USDT | 0.7065 | 0.0100 | pay 0.0050% / 4h | 3h 22m | — | $8.1M | — |
| Short | Kraken Futures PF_VIRTUALUSD | 0.7078 | 0.0772 | get 0.0097% / 1h | 22m 12s | $516K | $633K | 50x |
BingX VIRTUAL-USDT
Kraken Futures PF_VIRTUALUSDPrice 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
- $18.67
- Funding while held
- $20.17
- Slippage, 4 orders
- −$35.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$16.56
- Spread needed to break even
- 0.554%
Slippage from BingX: live order book, 7 min ago; Kraken Futures: live order book, 22 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0672%
- Per $10,000 a day
- +$20.17
- 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, 7 min ago | 1.41 bp | 8.9 bp −$9 | 13.7 bp −$137 | 28.8 bp −$2,880 | 85.0 bp −$42.5K |
| Sell Kraken Futures live order book, 22 min ago | 4.21 bp | 19.2 bp −$19 | 50.4 bp −$504 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest01 Exchange0.7058+4.656%Bybit0.7059+4.671%Reya0.7060+4.690%Lighter0.7061+4.706%Binance0.7063+4.730%Gate0.7064+4.745%MEXC0.7064+4.745%SoDEX0.7065+4.752%
Injective
Bybit
Reya
Lighter
Binance
Gate
MEXC
SoDEXBingX0.7065+4.760%
Orderly0.7065+4.760%OKX0.7066+4.775%KuCoin0.7066+4.775%Deribit0.7066+4.775%Aevo0.7066+4.775%Polymarket Perps0.7066+4.778%Aster0.7067+4.796%Extended0.7068+4.798%SunX0.7068+4.804%GMX0.7068+4.810%Bitget0.7069+4.819%Backpack0.7069+4.819%BloFin0.7069+4.819%gTrade (Gains Network)0.7071+4.845%Hyperliquid0.7072+4.865%Pacifica0.7073+4.878%Phoenix0.7074+4.899%
Orderly
OKX
KuCoin
Deribit
Aevo
Polymarket Perps
Aster
Extended
SunX
GMX
Bitget
Backpack
BloFin
gTrade (Gains Network)
Hyperliquid
Pacifica
PhoenixKraken Futures0.7078+4.955%
Coinbase International0.7081+4.997%Variational Omni0.7090+5.125%edgeX0.7091+5.141%ApeX Omni0.7093+5.175%
Coinbase International
Variational Omni
ApeX 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 | −4.544% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.099% | −0.0208% | 1h | $2K | $131 | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.085% | +0.0015% | 4h | $15.6M | $15.9M | 50x | as long as short |
| Reya VIRTUALRUSDPERP | −0.066% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Lighter VIRTUAL | −0.051% | −0.0104% | 1h | $321K | $412K | 5x | as long as short |
| Binance VIRTUALUSDT | −0.028% | +0.0100% | 4h | $16.4M | $36.9M | 75x | as long as short |
| Gate VIRTUAL_USDT | −0.014% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |
| MEXC VIRTUAL_USDT | −0.014% | +0.0100% | 4h | $16.0M | $4.1M | 100x | as long as short |
| SoDEX VIRTUAL-USD | −0.007% | −0.0166% | 1h | $407 | $8K | 5x | as long as short |
| BingX VIRTUAL-USDTlong | 0.000% | +0.0100% | 4h | — | $8.1M | — |