Spread before costs (cost unknown: a leg has no order-book sample)+0.029%
7d average−0.050%if it closes, per $10,000$3funding while held, a day−$1.97
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VIRTUALUSDT | 0.7095 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $6.0M | $5.5M | 25x |
| Short | Variational Omni VIRTUAL | 0.7097 | 0.0034 | get 0.0017% / 4h | 2h 00m | $713K | $595K | — |
Bitget VIRTUALUSDT
Variational Omni VIRTUALPrice 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
- $2.89
- Funding while held
- −$1.97
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$11.09
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 4 min ago; Variational Omni: RFQ quote, 60 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0066%
- Per $10,000 a day
- −$1.97
- 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, 4 min ago | 2.12 bp | 11.7 bp −$12 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 60 min ago | 4.23 bp | doesn't fit | 19.7 bp −$197 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestExtended0.7085+5.056%01 Exchange0.7085+5.056%OKX0.7086+5.071%Bybit0.7087+5.086%Binance0.7088+5.101%BingX0.7088+5.101%MEXC0.7089+5.116%KuCoin0.7093+5.175%Aevo0.7093+5.179%Lighter0.7094+5.190%Pacifica0.7094+5.190%Orderly0.7094+5.190%Deribit0.7094+5.190%
Injective
Extended
OKX
Bybit
Binance
BingX
MEXC
KuCoin
Aevo
Lighter
Pacifica
Orderly
DeribitBitget0.7095+5.205%
BloFin0.7095+5.205%Polymarket Perps0.7096+5.212%Aster0.7096+5.212%SoDEX0.7096+5.215%Gate0.7096+5.219%Reya0.7096+5.222%
BloFin
Polymarket Perps
Aster
SoDEX
Gate
ReyaVariational Omni0.7097+5.235%
Backpack0.7098+5.249%GMX0.7098+5.253%gTrade (Gains Network)0.7098+5.256%ApeX Omni0.7099+5.264%Hyperliquid0.7101+5.288%Kraken Futures0.7101+5.300%edgeX0.7105+5.359%SunX0.7108+5.397%Phoenix0.7109+5.411%Coinbase International0.7136+5.813%
Backpack
GMX
gTrade (Gains Network)
ApeX Omni
Hyperliquid
Kraken Futures
SunX
Phoenix
Coinbase InternationalVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.947% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Extended VIRTUAL-USD | −0.142% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.141% | −0.0208% | 1h | $2K | $539 | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.127% | +0.0100% | 4h | $2.8M | $10.2M | 20x | as long as short |
| Bybit VIRTUALUSDT | −0.113% | +0.0100% | 4h | $15.8M | $15.0M | 50x | as long as short |
| Binance VIRTUALUSDT | −0.099% | +0.0100% | 4h | $16.6M | $34.9M | 75x | as long as short |
| BingX VIRTUAL-USDT | −0.099% | +0.0100% | 4h | — | $8.3M | — | as long as short |
| MEXC VIRTUAL_USDT | −0.085% | +0.0100% | 4h | $16.4M | $3.8M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | −0.028% | +0.0100% | 4h | $3.0M | $4.1M | 50x | as long as short |
| Aevo VIRTUAL-PERP | −0.024% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |