Spread before costs (cost unknown: a leg has no order-book sample)+0.007%
7d average—if it closes, per $10,000$1funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VIRTUAL-USDT | 0.7100 | 0.0100 | pay 0.0050% / 4h | 1h 09m | — | $8.3M | — |
| Short | Pacifica VIRTUAL | 0.7100 | 0.0100 | get 0.0013% / 1h | 9m 35s | $72K | $39K | 5x |
BingX VIRTUAL-USDT
Pacifica 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
- $0.68
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$17.32
- Spread needed to break even
- 0.180%
Slippage unknown: BingX: live order book, 5 min ago; Pacifica: no order-book sample. Net counts fees only.
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 BingX live order book, 5 min ago | 0.71 bp | 7.9 bp −$8 | 10.8 bp −$108 | 19.1 bp −$1,915 | 72.5 bp −$36.3K |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
ApeX Omni0.7065+4.760%Phoenix0.7071+4.844%edgeX0.7072+4.856%Variational Omni0.7084+5.041%01 Exchange0.7090+5.130%Aevo0.7092+5.155%Orderly0.7092+5.160%SunX0.7092+5.160%Deribit0.7092+5.160%BloFin0.7092+5.160%gTrade (Gains Network)0.7093+5.168%SoDEX0.7093+5.175%GMX0.7093+5.178%Reya0.7095+5.199%Gate0.7096+5.219%Aster0.7096+5.220%Lighter0.7097+5.234%Bybit0.7097+5.234%MEXC0.7097+5.234%Extended0.7098+5.244%OKX0.7098+5.249%KuCoin0.7098+5.249%Backpack0.7098+5.249%Coinbase International0.7098+5.249%Polymarket Perps0.7098+5.257%Binance0.7099+5.264%
Injective
ApeX Omni
Phoenix
Variational Omni
Aevo
Orderly
SunX
Deribit
BloFin
gTrade (Gains Network)
SoDEX
GMX
Reya
Gate
Aster
Lighter
Bybit
MEXC
Extended
OKX
KuCoin
Backpack
Coinbase International
Polymarket Perps
BinanceBingX0.7100+5.279%
Pacifica0.7100+5.286%
Bitget0.7102+5.308%Kraken Futures0.7105+5.348%Hyperliquid0.7106+5.362%
Bitget
Kraken Futures
HyperliquidVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −5.014% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.493% | +0.0100% | 1h | $40K | $242K | 50x | as long as short |
| Phoenix VIRTUAL | −0.413% | −0.0181% | 1h | $11K | $43K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.401% | +0.0100% | 4h | $18K | $253K | 10x | as long as short |
| Variational Omni VIRTUAL | −0.226% | −0.0026% | 4h | $595K | $781K | — | as long as short |
| 01 Exchange VIRTUALUSD | −0.141% | −0.0192% | 1h | $2K | $539 | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.117% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.113% | +0.0069% | 4h | $14K | $1.5M | 10x | as long as short |
| SunX VIRTUAL-USDT | −0.113% | +0.0100% | 4h | $1K | $1.2M | 20x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.113% | 0.0000% | 1h | $25K | $30K | 10x | as long as short |