Spread before costs (cost unknown: a leg has no order-book sample)−0.026%
7d average—if it closes, per $10,000$3funding while held, a day−$7.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VIRTUAL-USDT | 0.7016 | 0.0100 | pay 0.0050% / 4h | 1h 44m | — | $8.2M | — |
| Short | Reya VIRTUALRUSDPERP | 0.7014 | −0.0139 | pay 0.0017% / 1h | 44m 18s | $23 | — | 10x |
BingX VIRTUAL-USDT
Reya VIRTUALRUSDPERPPrice 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
- −$2.64
- Funding while held
- −$7.18
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$25.82
- Spread needed to break even
- 0.160%
Slippage unknown: BingX: live order book, 15 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0239%
- Per $10,000 a day
- −$7.18
- 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, 15 min ago | 1.43 bp | 8.5 bp −$9 | 10.9 bp −$109 | 21.0 bp −$2,097 | 62.8 bp −$31.4K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Injective0.6744cheapestBloFin0.7006+3.885%Variational Omni0.7007+3.895%edgeX0.7007+3.906%Lighter0.7008+3.912%Phoenix0.7008+3.918%ApeX Omni0.7010+3.944%Bybit0.7014+4.004%01 Exchange0.7014+4.004%Backpack0.7014+4.004%SunX0.7014+4.004%
Injective
BloFin
Variational Omni
Lighter
Phoenix
ApeX Omni
Bybit
Backpack
SunXReya0.7014+4.006%
Pacifica0.7015+4.013%Aster0.7015+4.016%MEXC0.7015+4.018%KuCoin0.7015+4.018%Binance0.7016+4.033%OKX0.7016+4.033%Gate0.7016+4.033%
Pacifica
Aster
MEXC
KuCoin
Binance
OKX
GateBingX0.7016+4.033%
Orderly0.7016+4.033%SoDEX0.7016+4.041%Extended0.7017+4.053%Aevo0.7017+4.055%Polymarket Perps0.7018+4.060%Deribit0.7019+4.078%Bitget0.7020+4.093%gTrade (Gains Network)0.7020+4.093%GMX0.7020+4.094%Coinbase International0.7021+4.107%Kraken Futures0.7022+4.117%Hyperliquid0.7023+4.140%
Orderly
SoDEX
Extended
Aevo
Polymarket Perps
Deribit
Bitget
gTrade (Gains Network)
GMX
Coinbase International
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 | −3.877% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| BloFin VIRTUAL-USDT | −0.143% | +0.0340% | 4h | $806K | $762K | 75x | as long as short |
| Variational Omni VIRTUAL | −0.133% | −0.0135% | 4h | $527K | $847K | — | as long as short |
| edgeX VIRTUALUSDC | −0.123% | +0.0100% | 4h | $18K | $257K | 10x | as long as short |
| Lighter VIRTUAL | −0.117% | −0.0392% | 1h | $318K | $389K | 5x | as long as short |
| Phoenix VIRTUAL | −0.111% | −0.0138% | 1h | $11K | $48K | 5x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.086% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Bybit VIRTUALUSDT | −0.029% | −0.0161% | 4h | $15.3M | $15.6M | 50x | as long as short |
| 01 Exchange VIRTUALUSD | −0.029% | −0.0192% | 1h | $2K | $131 | 10x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.029% | +0.0100% | 1h | $230K | $169K | 10x | as long as short |