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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VIRTUAL-USDT | 0.7086 | 0.0100 | pay 0.0050% / 4h | 1h 58m | — | $8.3M | — |
| Short | Polymarket Perps VIRTUAL-USD | 0.7093 | −0.0361 | pay 0.0045% / 1h | 58m 29s | $31K | $778K | 5x |
Price 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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 1 min ago | 1.41 bp | 9.2 bp −$9 | 13.3 bp −$133 | 21.8 bp −$2,183 | 103.6 bp −$51.8K |
| Sell Polymarket Perps live order book, 61 min ago | 2.96 bp | 7.0 bp −$7 | 7.2 bp −$72 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.826% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| SoDEX VIRTUAL-USD | −0.148% | −0.0016% | 1h | $211 | $8K | 5x | as long as short |
| Phoenix VIRTUAL | −0.141% | −0.0101% | 1h | $11K | $42K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.042% | +0.0100% | 4h | $15.6M | $15.2M | 50x | as long as short |
| Extended VIRTUAL-USD | −0.038% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.014% | −0.0256% | 1h | $2K | $539 | 10x | as long as short |
| Aster VIRTUALUSDT | −0.008% | +0.0100% | 4h | $184K | $78K | 20x | 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 | — | |
| gTrade (Gains Network) VIRTUAL/USD | +0.011% | L +0.0007% / S −0.0004% | 1h | $12K | — | 150x | as long as short |
BingX VIRTUAL-USDT
Polymarket Perps VIRTUAL-USD
Injective
SoDEX
Phoenix
Bybit
Extended
Aster
OKX
gTrade (Gains Network)
GMX
MEXC
Deribit
Binance
Lighter
BloFin
Gate
KuCoin
Bitget
Backpack
Pacifica
SunX
Coinbase International
Variational Omni
ApeX Omni
Kraken Futures
Hyperliquid