After costs, if the gap returns to its 7d average, $10k−$61
spread now0.000%7d average+0.033%fees + slippage, in and out−$58spread needed0.579%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VIRTUAL-USDT | 0.7020 | 0.0340 | pay 0.0170% / 4h | 1h 14m | $810K | $765K | 75x |
| Short | Gate VIRTUAL_USDT | 0.7020 | 0.0096 | get 0.0048% / 4h | 1h 14m | $1.4M | $3.1M | 75x |
BloFin VIRTUAL-USDT
Gate VIRTUAL_USDTPrice 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
- $0
- Funding while held
- −$7.32
- Slippage, 4 orders
- −$30.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$65.17
- Spread needed to break even
- 0.579%
Slippage from BloFin: live order book, 19 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0244%
- Per $10,000 a day
- −$7.32
- 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 | 2.15 bp | 10.4 bp −$10 | 18.2 bp −$182 | 53.0 bp −$5,299 | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.14 bp | 16.1 bp −$16 | 87.4 bp −$874 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Phoenix0.6988cheapestInjective0.6992+0.059%Bybit0.7012+0.345%OKX0.7012+0.345%Lighter0.7012+0.346%edgeX0.7012+0.346%Reya0.7014+0.370%ApeX Omni0.7014+0.374%Extended0.7015+0.392%Binance0.7015+0.395%SoDEX0.7016+0.399%MEXC0.7017+0.416%Orderly0.7017+0.416%Aevo0.7017+0.421%Deribit0.7018+0.431%01 Exchange0.7019+0.445%BingX0.7019+0.445%
Phoenix
Injective
Bybit
OKX
Lighter
Reya
ApeX Omni
Extended
Binance
SoDEX
MEXC
Orderly
Aevo
Deribit
BingXGate0.7020+0.459%
BloFin0.7020+0.459%
GMX0.7020+0.462%KuCoin0.7021+0.474%Polymarket Perps0.7022+0.484%Variational Omni0.7022+0.484%Aster0.7022+0.487%Bitget0.7022+0.488%Pacifica0.7023+0.500%gTrade (Gains Network)0.7023+0.501%SunX0.7023+0.502%Backpack0.7024+0.517%Hyperliquid0.7026+0.538%Kraken Futures0.7026+0.544%Coinbase International0.7033+0.645%
GMX
KuCoin
Polymarket Perps
Variational Omni
Aster
Bitget
Pacifica
gTrade (Gains Network)
SunX
Backpack
Hyperliquid
Kraken Futures
Coinbase InternationalVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix VIRTUAL | −0.457% | −0.0138% | 1h | $11K | $48K | 5x | as long as short |
| Injective VIRTUAL/USDC PERP | −0.399% | +0.0033% | 1h | $45 | $56K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.114% | −0.0081% | 4h | $15.2M | $15.4M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.114% | +0.0100% | 4h | $2.7M | $9.5M | 20x | as long as short |
| Lighter VIRTUAL | −0.113% | −0.0176% | 1h | $319K | $389K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.112% | +0.0100% | 4h | $18K | $257K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.089% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.085% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Extended VIRTUAL-USD | −0.067% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| Binance VIRTUALUSDT | −0.064% | +0.0100% | 4h | $15.9M | $35.7M | 75x | as long as short |