After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.123%7d average+0.046%fees + slippage, in and out−$61spread needed0.605%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VIRTUALUSDT | 0.7070 | 0.0100 | pay 0.0050% / 4h | 14m 04s | $6.0M | $5.7M | 25x |
| Short | Kraken Futures PF_VIRTUALUSD | 0.7079 | 0.0353 | get 0.0044% / 1h | 14m 04s | $514K | $623K | 50x |
Bitget VIRTUALUSDT
Kraken Futures PF_VIRTUALUSDPrice 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
- $12.3
- Funding while held
- $7.6
- Slippage, 4 orders
- −$38.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$40.61
- Spread needed to break even
- 0.605%
Slippage from Bitget: live order book, 6 min ago; Kraken Futures: live order book, 35 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0253%
- Per $10,000 a day
- +$7.60
- 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 Bitget live order book, 6 min ago | 2.84 bp | 12.3 bp −$12 | 25.3 bp −$253 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 35 min ago | 6.30 bp | 16.0 bp −$16 | 43.4 bp −$434 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestPhoenix0.7025+4.168%edgeX0.7033+4.292%Variational Omni0.7035+4.313%ApeX Omni0.7042+4.419%BloFin0.7052+4.567%Bybit0.7063+4.730%MEXC0.7064+4.745%Lighter0.7064+4.748%01 Exchange0.7065+4.760%Gate0.7065+4.760%BingX0.7066+4.775%Extended0.7066+4.776%Aevo0.7066+4.778%SoDEX0.7066+4.779%Binance0.7066+4.781%Reya0.7067+4.788%Pacifica0.7067+4.789%OKX0.7067+4.789%Orderly0.7067+4.789%Backpack0.7068+4.804%Deribit0.7068+4.804%SunX0.7069+4.819%Coinbase International0.7069+4.819%GMX0.7069+4.823%gTrade (Gains Network)0.7070+4.830%KuCoin0.7070+4.834%
Injective
Phoenix
Variational Omni
ApeX Omni
BloFin
Bybit
MEXC
Lighter
Gate
BingX
Extended
Aevo
SoDEX
Binance
Reya
Pacifica
OKX
Orderly
Backpack
Deribit
SunX
Coinbase International
GMX
gTrade (Gains Network)
KuCoinBitget0.7070+4.834%
Aster0.7070+4.836%Polymarket Perps0.7071+4.850%Hyperliquid0.7074+4.889%
Aster
Polymarket Perps
HyperliquidKraken Futures0.7079+4.963%
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 | −4.611% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.635% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.517% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| Variational Omni VIRTUAL | −0.496% | −0.0022% | 4h | $592K | $801K | — | as long as short |
| ApeX Omni VIRTUALUSDT | −0.396% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| BloFin VIRTUAL-USDT | −0.255% | +0.0340% | 4h | $838K | $777K | 75x | as long as short |
| Bybit VIRTUALUSDT | −0.099% | +0.0100% | 4h | $15.7M | $16.0M | 50x | as long as short |
| MEXC VIRTUAL_USDT | −0.085% | +0.0100% | 4h | $15.9M | $4.0M | 100x | as long as short |
| Lighter VIRTUAL | −0.082% | +0.0096% | 1h | $324K | $364K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.071% | −0.0160% | 1h | $2K | $539 | 10x | as long as short |