data as of
Settings8H · net · $10k
Price arb /

VIRTUAL

all VIRTUAL markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.102%7d average+0.028%fees + slippage, in and out−$32spread needed0.324%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX VIRTUAL-USDT0.70860.0100pay 0.0050% / 4h1h 58m$8.3M
ShortPolymarket Perps VIRTUAL-USD0.7093−0.0361pay 0.0045% / 1h58m 29s$31K$778K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$10.16
Funding while held
−$13.84
Slippage, 4 orders
−$14.35
Fee BingX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$36.03
Spread needed to break even
0.324%
Slippage from BingX: live order book, 1 min ago; Polymarket Perps: live order book, 61 min ago.

Cost of waiting

funding view
Funding /8h
−0.0461%
Per $10,000 a day
$13.84
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 1 min ago1.41 bp9.2 bp −$913.3 bp −$13321.8 bp −$2,183103.6 bp −$51.8K
Sell Polymarket Perps live order book, 61 min ago2.96 bp7.0 bp −$77.2 bp −$72doesn't fitdoesn't fit

VIRTUAL price on every exchange

against the cheapest. Click to use as the short leg.

VIRTUAL on 32 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective VIRTUAL/USDC PERP−4.826%+0.0033%1h$43$105K5.5xas long as short
SoDEX VIRTUAL-USD−0.148%−0.0016%1h$211$8K5xas long as short
Phoenix VIRTUAL−0.141%−0.0101%1h$11K$42K5xas long as short
Bybit VIRTUALUSDT−0.042%+0.0100%4h$15.6M$15.2M50xas long as short
Extended VIRTUAL-USD−0.038%+0.0104%1h$55K$244K10xas long as short
01 Exchange VIRTUALUSD−0.014%−0.0256%1h$2K$53910xas long as short
Aster VIRTUALUSDT−0.008%+0.0100%4h$184K$78K20xas long as short
OKX VIRTUAL-USDT-SWAP0.000%+0.0100%4h$2.8M$10.2M20xas long as short
BingX VIRTUAL-USDTlong0.000%+0.0100%4h$8.3M
gTrade (Gains Network) VIRTUAL/USD+0.011%L +0.0007% / S −0.0004%1h$12K150xas long as short
Show all 32 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX VIRTUAL/USD [WBTC.b-USDC]+0.013%L +0.0298% / S −0.0228%1h$30K100xas long as short
MEXC VIRTUAL_USDT+0.014%+0.0100%4h$16.3M$3.7M100xas long as short
Deribit VIRTUAL_USDC-PERPETUAL+0.014%−0.0314%1h$15K$20K10xas long as short
Aevo VIRTUAL-PERP+0.018%+0.0104%1h$18K$5053xas long as short
Binance VIRTUALUSDT+0.028%+0.0100%4h$16.6M$35.0M75xas long as short
Orderly PERP_VIRTUAL_USDC+0.028%+0.0078%4h$14K$1.5M10xas long as short
Lighter VIRTUAL+0.034%+0.0088%1h$353K$279K5xas long as short
BloFin VIRTUAL-USDT+0.071%+0.0340%4h$843K$719K75xas long as short
Reya VIRTUALRUSDPERP+0.072%−0.0139%1h$2410xas long as short
Gate VIRTUAL_USDT+0.085%+0.0100%4h$1.5M$2.9M75xas long as short
KuCoin VIRTUALUSDTM+0.099%+0.0100%4h$3.0M$4.1M50xas long as short
Bitget VIRTUALUSDT+0.099%+0.0100%4h$6.0M$5.5M25xas long as short
Backpack VIRTUAL_USDC_PERP+0.099%+0.0100%1h$231K$163K10xas long as short
Polymarket Perps VIRTUAL-USDshort+0.102%−0.0361%1h$31K$778K5x
Pacifica VIRTUAL+0.113%+0.0100%1h$71K$37K5xas long as short
SunX VIRTUAL-USDT+0.127%+0.0100%4h$2K$1.2M20xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.141%+0.0400%1h$194K$149K50xas long as short
Variational Omni VIRTUAL+0.156%+0.0034%4h$713K$595Kas long as short
edgeX VIRTUALUSDC+0.157%+0.0100%4h$18K$254K10xas long as short
ApeX Omni VIRTUALUSDT+0.183%+0.0100%1h$42K$229K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.199%−0.0409%1h$449K$525K50xas long as short
Hyperliquid VIRTUAL+0.212%+0.0100%1h$9.4M$3.1M5xas long as short