After costs, if the gap returns to its 7d average, $10k−$26
spread now+0.080%7d average+0.003%fees + slippage, in and out−$34spread needed0.341%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VIRTUAL-USDT | 0.7090 | 0.0100 | pay 0.0050% / 4h | 1h 57m | — | $8.3M | — |
| Short | Lighter VIRTUAL | 0.7096 | 0.0096 | get 0.0012% / 1h | 57m 50s | $353K | $279K | 5x |
BingX VIRTUAL-USDT
Lighter VIRTUALPrice 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
- $8.04
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$24.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$26.22
- Spread needed to break even
- 0.341%
Slippage from BingX: live order book, 2 min ago; Lighter: live order book, 54 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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, 2 min ago | 1.41 bp | 9.2 bp −$9 | 13.3 bp −$133 | 21.8 bp −$2,183 | 103.6 bp −$51.8K |
| Sell Lighter live order book, 54 min ago | 4.70 bp | 6.4 bp −$6 | 47.4 bp −$474 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestPhoenix0.7076+4.923%01 Exchange0.7085+5.056%Bybit0.7087+5.086%Extended0.7089+5.115%OKX0.7090+5.130%
Injective
Phoenix
Bybit
Extended
OKXBingX0.7090+5.130%
BloFin0.7091+5.145%Reya0.7091+5.147%Binance0.7092+5.164%Aevo0.7093+5.177%Polymarket Perps0.7093+5.178%Pacifica0.7094+5.190%MEXC0.7094+5.190%Orderly0.7094+5.190%Aster0.7094+5.195%KuCoin0.7095+5.205%SunX0.7095+5.205%SoDEX0.7095+5.205%
BloFin
Reya
Binance
Aevo
Polymarket Perps
Pacifica
MEXC
Orderly
Aster
KuCoin
SunX
SoDEXLighter0.7096+5.215%
Gate0.7096+5.219%Deribit0.7096+5.219%Coinbase International0.7096+5.219%Variational Omni0.7097+5.235%edgeX0.7097+5.237%Backpack0.7098+5.249%Bitget0.7099+5.264%ApeX Omni0.7099+5.264%GMX0.7102+5.304%Hyperliquid0.7102+5.307%gTrade (Gains Network)0.7102+5.312%Kraken Futures0.7104+5.343%
Gate
Deribit
Coinbase International
Variational Omni
Backpack
Bitget
ApeX Omni
GMX
Hyperliquid
gTrade (Gains Network)
Kraken FuturesVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.880% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.197% | −0.0101% | 1h | $11K | $42K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.071% | −0.0256% | 1h | $2K | $539 | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.042% | +0.0100% | 4h | $15.6M | $15.2M | 50x | as long as short |
| Extended VIRTUAL-USD | −0.014% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | 0.000% | +0.0100% | 4h | $2.8M | $10.2M | 20x | as long as short |
| BingX VIRTUAL-USDTlong | 0.000% | +0.0100% | 4h | — | $8.3M | — | |
| BloFin VIRTUAL-USDT | +0.014% | +0.0340% | 4h | $843K | $719K | 75x | as long as short |
| Reya VIRTUALRUSDPERP | +0.016% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Binance VIRTUALUSDT | +0.032% | +0.0100% | 4h | $16.6M | $35.0M | 75x | as long as short |