After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.191%7d average−0.005%fees + slippage, in and out−$46spread needed0.461%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VIRTUAL-USDT | 0.7113 | 0.0340 | pay 0.0170% / 4h | 3h 26m | $829K | $793K | 75x |
| Short | Binance VIRTUALUSDT | 0.7099 | 0.0100 | get 0.0050% / 4h | 3h 26m | $16.5M | $37.1M | 75x |
BloFin VIRTUAL-USDT
Binance VIRTUALUSDTPrice 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
- −$19.13
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$24.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.46
- Spread needed to break even
- 0.461%
Slippage from BloFin: live order book, 17 min ago; Binance: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0240%
- Per $10,000 a day
- −$7.20
- 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 BloFin live order book, 17 min ago | 4.21 bp | 11.2 bp −$11 | 16.3 bp −$163 | 61.4 bp −$6,143 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.70 bp | 9.9 bp −$10 | 22.9 bp −$229 | 94.6 bp −$9,459 | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
OKX0.7094+5.190%Bybit0.7095+5.205%Lighter0.7096+5.212%SoDEX0.7096+5.212%Extended0.7096+5.214%Aevo0.7097+5.234%BingX0.7097+5.234%Orderly0.7098+5.249%
Injective
OKX
Bybit
Lighter
SoDEX
Extended
Aevo
BingX
OrderlyBinance0.7099+5.270%
Deribit0.7100+5.279%Variational Omni0.7101+5.299%ApeX Omni0.7102+5.308%Reya0.7103+5.329%01 Exchange0.7104+5.338%KuCoin0.7104+5.338%gTrade (Gains Network)0.7105+5.349%Phoenix0.7105+5.350%MEXC0.7105+5.353%Bitget0.7105+5.353%Pacifica0.7106+5.364%SunX0.7106+5.368%Aster0.7107+5.382%GMX0.7107+5.388%Gate0.7108+5.397%Kraken Futures0.7108+5.401%Polymarket Perps0.7111+5.437%
Deribit
Variational Omni
ApeX Omni
Reya
KuCoin
gTrade (Gains Network)
Phoenix
MEXC
Bitget
Pacifica
SunX
Aster
GMX
Gate
Kraken Futures
Polymarket PerpsBloFin0.7113+5.472%
edgeX0.7113+5.475%Backpack0.7117+5.531%Hyperliquid0.7117+5.532%Coinbase International0.7131+5.738%
Backpack
Hyperliquid
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 | −5.188% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.267% | +0.0100% | 4h | $2.7M | $10.3M | 20x | as long as short |
| Bybit VIRTUALUSDT | −0.253% | +0.0100% | 4h | $15.7M | $16.0M | 50x | as long as short |
| Lighter VIRTUAL | −0.246% | −0.0064% | 1h | $322K | $412K | 5x | as long as short |
| SoDEX VIRTUAL-USD | −0.246% | −0.0120% | 1h | $215 | $8K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.245% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.226% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| BingX VIRTUAL-USDT | −0.225% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.211% | +0.0061% | 4h | $14K | $1.5M | 10x | as long as short |
| Binance VIRTUALUSDTshort | −0.191% | +0.0100% | 4h | $16.5M | $37.1M | 75x |