After costs, if the gap returns to its 7d average, $10k−$14
spread now+0.820%7d average+0.267%fees + slippage, in and out−$69spread needed0.692%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VIRTUAL-USDT | 0.7073 | 0.0340 | pay 0.0170% / 4h | 3h 24m | $827K | $789K | 75x |
| Short | Coinbase International VIRTUAL-PERP-INTX | 0.7131 | 0.0464 | get 0.0058% / 1h | 24m 45s | $195K | $119K | 50x |
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTXPrice 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
- $82
- Funding while held
- $3.72
- Slippage, 4 orders
- −$47.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $16.55
- Spread needed to break even
- 0.692%
Slippage from BloFin: live order book, 19 min ago; Coinbase International: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0124%
- Per $10,000 a day
- +$3.72
- 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 BloFin live order book, 19 min ago | 4.21 bp | 11.2 bp −$11 | 16.3 bp −$163 | 61.4 bp −$6,143 | doesn't fit |
| Sell Coinbase International live order book, 20 min ago | 7.01 bp | 25.2 bp −$25 | 529.1 bp −$5,291 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestBybit0.7069+4.819%Extended0.7070+4.837%Binance0.7071+4.849%OKX0.7072+4.864%Gate0.7072+4.864%
Injective
Bybit
Extended
Binance
OKX
GateBloFin0.7073+4.878%
MEXC0.7074+4.893%BingX0.7074+4.893%Backpack0.7077+4.938%Bitget0.7078+4.953%KuCoin0.7079+4.967%Aster0.7079+4.973%Lighter0.7081+4.994%Hyperliquid0.7084+5.044%SoDEX0.7085+5.053%Aevo0.7088+5.094%Reya0.7088+5.101%Orderly0.7089+5.116%Deribit0.7089+5.116%Variational Omni0.7090+5.125%01 Exchange0.7093+5.175%SunX0.7093+5.175%Polymarket Perps0.7094+5.184%GMX0.7094+5.186%gTrade (Gains Network)0.7094+5.194%Kraken Futures0.7096+5.222%Pacifica0.7101+5.300%Phoenix0.7105+5.350%edgeX0.7112+5.451%ApeX Omni0.7119+5.560%
MEXC
BingX
Backpack
Bitget
KuCoin
Aster
Lighter
Hyperliquid
SoDEX
Aevo
Reya
Orderly
Deribit
Variational Omni
SunX
Polymarket Perps
GMX
gTrade (Gains Network)
Kraken Futures
Pacifica
Phoenix
ApeX OmniCoinbase International0.7131+5.738%
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 | −4.651% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.057% | +0.0100% | 4h | $15.6M | $15.9M | 50x | as long as short |
| Extended VIRTUAL-USD | −0.039% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Binance VIRTUALUSDT | −0.028% | +0.0100% | 4h | $16.4M | $37.1M | 75x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.014% | +0.0100% | 4h | $2.7M | $10.3M | 20x | as long as short |
| Gate VIRTUAL_USDT | −0.014% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |
| BloFin VIRTUAL-USDTlong | 0.000% | +0.0340% | 4h | $827K | $789K | 75x | |
| MEXC VIRTUAL_USDT | +0.014% | +0.0100% | 4h | $16.0M | $4.1M | 100x | as long as short |
| BingX VIRTUAL-USDT | +0.014% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.057% | +0.0100% | 1h | $232K | $178K | 10x | as long as short |