Spread before costs (cost unknown: a leg has no order-book sample)−0.169%
7d average—if it closes, per $10,000$17funding while held, a day−$9.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VIRTUALUSDT | 0.7092 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $6.0M | $5.5M | 25x |
| Short | 01 Exchange VIRTUALUSD | 0.7080 | −0.0224 | pay 0.0028% / 1h | 59m 01s | $2K | $539 | 10x |
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
- −$16.92
- Funding while held
- −$9.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$45.64
- Spread needed to break even
- 0.190%
Slippage unknown: Bitget: live order book, 6 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0324%
- Per $10,000 a day
- −$9.72
- 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 | 2.12 bp | 11.7 bp −$12 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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.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 | −4.907% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| SoDEX VIRTUAL-USD | −0.233% | −0.0016% | 1h | $211 | $8K | 5x | as long as short |
| Phoenix VIRTUAL | −0.226% | −0.0101% | 1h | $11K | $42K | 5x | as long as short |
| Pacifica VIRTUAL | −0.200% | +0.0100% | 1h | $71K | $37K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.183% | +0.0100% | 4h | $15.6M | $15.2M | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.176% | +0.0100% | 1h | $30K | $778K | 5x | as long as short |
| 01 Exchange VIRTUALUSDshort | −0.169% | −0.0224% | 1h | $2K | $539 | 10x | |
| Reya VIRTUALRUSDPERP | −0.164% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.127% | +0.0100% | 4h | $2.8M | $10.2M | 20x | as long as short |
| BingX VIRTUAL-USDT | −0.099% | +0.0100% | 4h | — | $8.3M | — | as long as short |
Bitget VIRTUALUSDT
Injective
SoDEX
Phoenix
Pacifica
Bybit
Polymarket Perps
OKX
BingX
Extended
Binance
gTrade (Gains Network)
GMX
Deribit
KuCoin
Lighter
MEXC
Gate
BloFin
Aster
Backpack
SunX
Hyperliquid
Coinbase International
Variational Omni
ApeX Omni
Kraken Futures