After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.224%7d average−0.035%fees + slippage, in and out−$33spread needed0.331%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VIRTUALUSDT | 0.7137 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $6.0M | $5.6M | 25x |
| Short | MEXC VIRTUAL_USDT | 0.7121 | 0.0100 | get 0.0050% / 4h | 1h 06m | $16.1M | $3.8M | 100x |
Bitget VIRTUALUSDT
MEXC VIRTUAL_USDTPrice 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
- −$22.42
- Funding while held
- $0
- Slippage, 4 orders
- −$21.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$55.54
- Spread needed to break even
- 0.331%
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 3 min ago.
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 Bitget live order book, 3 min ago | 1.41 bp | 12.7 bp −$13 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.70 bp | 2.2 bp −$2 | 8.1 bp −$81 | 87.0 bp −$8,698 | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
Variational Omni0.7084+5.041%ApeX Omni0.7091+5.145%edgeX0.7101+5.300%Phoenix0.7111+5.442%Reya0.7113+5.473%Aevo0.7116+5.509%01 Exchange0.7116+5.516%Orderly0.7116+5.516%Deribit0.7116+5.516%BloFin0.7116+5.516%Extended0.7117+5.536%GMX0.7117+5.537%gTrade (Gains Network)0.7118+5.539%Pacifica0.7118+5.542%Gate0.7118+5.546%Backpack0.7118+5.546%SunX0.7118+5.546%SoDEX0.7119+5.560%BingX0.7120+5.575%Polymarket Perps0.7120+5.581%
Injective
Variational Omni
ApeX Omni
Phoenix
Reya
Aevo
Orderly
Deribit
BloFin
Extended
GMX
gTrade (Gains Network)
Pacifica
Gate
Backpack
SunX
SoDEX
BingX
Polymarket PerpsMEXC0.7121+5.590%
KuCoin0.7121+5.590%Aster0.7124+5.635%Coinbase International0.7126+5.664%Kraken Futures0.7128+5.695%Bybit0.7131+5.738%OKX0.7132+5.753%Hyperliquid0.7134+5.783%Binance0.7134+5.787%Lighter0.7134+5.789%
KuCoin
Aster
Coinbase International
Kraken Futures
Bybit
OKX
Hyperliquid
Binance
LighterBitget0.7137+5.827%
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 | −5.507% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.743% | −0.0026% | 4h | $595K | $781K | — | as long as short |
| ApeX Omni VIRTUALUSDT | −0.645% | +0.0100% | 1h | $40K | $242K | 50x | as long as short |
| edgeX VIRTUALUSDC | −0.498% | +0.0100% | 4h | $18K | $254K | 10x | as long as short |
| Phoenix VIRTUAL | −0.364% | −0.0181% | 1h | $11K | $43K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.335% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.301% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| 01 Exchange VIRTUALUSD | −0.294% | −0.0184% | 1h | $2K | $539 | 10x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.294% | +0.0069% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.294% | −0.0031% | 1h | $25K | $30K | 10x | as long as short |