After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.227%7d average−0.034%fees + slippage, in and out−$42spread needed0.419%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VIRTUAL-USDT | 0.7054 | 0.0340 | pay 0.0170% / 4h | 3h 20m | $828K | $774K | 75x |
| Short | edgeX VIRTUALUSDC | 0.7070 | 0.0100 | get 0.0050% / 4h | 3h 20m | $18K | $256K | 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
- $22.72
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$20.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$26.34
- Spread needed to break even
- 0.419%
Slippage from BloFin: live order book, 23 min ago; edgeX: live order book, 23 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, 23 min ago | 4.21 bp | 11.2 bp −$11 | 16.3 bp −$163 | 61.4 bp −$6,143 | doesn't fit |
| Sell edgeX live order book, 23 min ago | 2.81 bp | 8.5 bp −$8 | 50.2 bp −$502 | doesn't fit | doesn't fit |
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 | −4.395% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.340% | +0.0008% | 4h | $15.5M | $15.9M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.312% | +0.0100% | 4h | $2.7M | $10.2M | 20x | as long as short |
| Binance VIRTUALUSDT | −0.284% | +0.0100% | 4h | $16.3M | $36.9M | 75x | as long as short |
| MEXC VIRTUAL_USDT | −0.284% | +0.0100% | 4h | $15.8M | $4.1M | 100x | as long as short |
| Lighter VIRTUAL | −0.274% | −0.0104% | 1h | $320K | $412K | 5x | as long as short |
| BingX VIRTUAL-USDT | −0.213% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Pacifica VIRTUAL | −0.198% | +0.0100% | 1h | $72K | $41K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.164% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Gate VIRTUAL_USDT | −0.142% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |
BloFin VIRTUAL-USDT
Injective
Bybit
OKX
Binance
MEXC
Lighter
BingX
Pacifica
Extended
Gate
Bitget
Aster
Hyperliquid
KuCoin
SoDEX
Deribit
Backpack
SunX
Polymarket Perps
GMX
gTrade (Gains Network)
Kraken Futures
Phoenix
Coinbase International
Variational Omni
ApeX Omni