Spread before costs (cost unknown: a leg has no order-book sample)+0.086%
7d average—if it closes, per $10,000$9funding while held, a day−$7.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VIRTUAL-USDT | 0.7032 | 0.0340 | pay 0.0170% / 4h | 16m 50s | $839K | $778K | 75x |
| Short | Pacifica VIRTUAL | 0.7038 | 0.0100 | get 0.0013% / 1h | 16m 50s | $72K | $42K | 5x |
BloFin VIRTUAL-USDT
Pacifica VIRTUALPrice 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
- $8.65
- Funding while held
- −$7.2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$18.55
- Spread needed to break even
- 0.200%
Slippage unknown: BloFin: live order book, 32 min ago; Pacifica: no order-book sample. Net counts fees only.
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, 32 min ago | 2.11 bp | 9.4 bp −$9 | 21.9 bp −$219 | 59.4 bp −$5,943 | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.7001+3.809%edgeX0.7011+3.959%Phoenix0.7025+4.168%SoDEX0.7030+4.248%
Injective
Variational Omni
Phoenix
SoDEXBloFin0.7032+4.270%
Aevo0.7033+4.283%Orderly0.7033+4.285%Deribit0.7033+4.285%Reya0.7033+4.292%Lighter0.7034+4.297%SunX0.7035+4.315%OKX0.7036+4.330%01 Exchange0.7036+4.330%Binance0.7036+4.336%GMX0.7037+4.339%Bybit0.7037+4.345%gTrade (Gains Network)0.7038+4.353%Extended0.7038+4.354%Gate0.7038+4.359%BingX0.7038+4.359%
Aevo
Orderly
Deribit
Reya
Lighter
SunX
OKX
Binance
GMX
Bybit
gTrade (Gains Network)
Extended
Gate
BingXPacifica0.7038+4.361%
KuCoin0.7039+4.374%Polymarket Perps0.7040+4.397%Aster0.7041+4.401%MEXC0.7041+4.404%Bitget0.7041+4.404%Backpack0.7041+4.404%ApeX Omni0.7042+4.419%Hyperliquid0.7043+4.434%Kraken Futures0.7047+4.486%Coinbase International0.7055+4.612%
KuCoin
Polymarket Perps
Aster
MEXC
Bitget
Backpack
ApeX Omni
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 | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.096% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.442% | −0.0031% | 4h | $591K | $801K | — | as long as short |
| edgeX VIRTUALUSDC | −0.299% | +0.0100% | 4h | $18K | $255K | 10x | as long as short |
| Phoenix VIRTUAL | −0.098% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| SoDEX VIRTUAL-USD | −0.021% | +0.0100% | 1h | $204 | $8K | 5x | as long as short |
| BloFin VIRTUAL-USDTlong | 0.000% | +0.0340% | 4h | $839K | $778K | 75x | |
| Aevo VIRTUAL-PERP | +0.012% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.014% | +0.0065% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | +0.014% | −0.0176% | 1h | $25K | $30K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | +0.021% | −0.0139% | 1h | $24 | — | 10x | as long as short |