After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.042%7d average−0.003%fees + slippage, in and out−$32spread needed0.320%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VIRTUAL-USDT | 0.7066 | 0.0340 | pay 0.0170% / 4h | 12m 24s | $838K | $777K | 75x |
| Short | BingX VIRTUAL-USDT | 0.7069 | 0.0100 | get 0.0050% / 4h | 12m 24s | — | $8.2M | — |
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
- $4.25
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$10.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$35
- Spread needed to break even
- 0.320%
Slippage from BloFin: live order book, 36 min ago; BingX: 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, 36 min ago | 2.11 bp | 9.4 bp −$9 | 21.9 bp −$219 | 59.4 bp −$5,943 | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.12 bp | 7.4 bp −$7 | 10.7 bp −$107 | 28.4 bp −$2,835 | 86.9 bp −$43.4K |
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 | −4.557% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.440% | −0.0022% | 4h | $592K | $801K | — | as long as short |
| edgeX VIRTUALUSDC | −0.291% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.269% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Phoenix VIRTUAL | −0.127% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| Aevo VIRTUAL-PERP | −0.019% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| SoDEX VIRTUAL-USD | −0.004% | +0.0100% | 1h | $205 | $8K | 5x | as long as short |
| BloFin VIRTUAL-USDTlong | 0.000% | +0.0340% | 4h | $838K | $777K | 75x | |
| Deribit VIRTUAL_USDC-PERPETUAL | +0.014% | −0.0174% | 1h | $25K | $30K | 10x | as long as short |
| Lighter VIRTUAL | +0.016% | +0.0096% | 1h | $324K | $366K | 5x | as long as short |
BloFin VIRTUAL-USDT
BingX VIRTUAL-USDT
Injective
Variational Omni
ApeX Omni
Phoenix
SoDEX
Deribit
Lighter
GMX
SunX
Coinbase International
Extended
Aster
Gate
Backpack
OKX
MEXC
Pacifica
Binance
Bybit
KuCoin
Bitget
Kraken Futures
gTrade (Gains Network)
Polymarket Perps
Hyperliquid