After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.040%7d average+0.014%fees + slippage, in and out−$40spread needed0.400%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VIRTUAL-USDT | 0.7069 | 0.0340 | pay 0.0170% / 4h | 3h 22m | $829K | $781K | 75x |
| Short | Polymarket Perps VIRTUAL-USD | 0.7066 | 0.0100 | get 0.0013% / 1h | 22m 03s | $37K | $803K | 5x |
BloFin VIRTUAL-USDT
Polymarket Perps VIRTUAL-USDPrice 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
- −$3.96
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$20.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$51.19
- Spread needed to break even
- 0.400%
Slippage from BloFin: live order book, 21 min ago; Polymarket Perps: live order book, 22 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, 21 min ago | 4.21 bp | 11.2 bp −$11 | 16.3 bp −$163 | 61.4 bp −$6,143 | doesn't fit |
| Sell Polymarket Perps live order book, 22 min ago | 1.33 bp | 9.5 bp −$10 | 10.0 bp −$100 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest01 Exchange0.7058+4.656%Bybit0.7060+4.686%Reya0.7060+4.690%KuCoin0.7061+4.700%Lighter0.7061+4.706%Binance0.7062+4.715%Gate0.7063+4.730%BingX0.7063+4.730%MEXC0.7064+4.745%SoDEX0.7065+4.752%Orderly0.7065+4.760%OKX0.7066+4.775%Deribit0.7066+4.775%Aevo0.7066+4.775%
Injective
Bybit
Reya
KuCoin
Lighter
Binance
Gate
BingX
MEXC
SoDEX
Orderly
OKX
Deribit
AevoPolymarket Perps0.7066+4.778%
Extended0.7068+4.798%Bitget0.7068+4.804%SunX0.7068+4.804%GMX0.7068+4.810%Backpack0.7069+4.819%
Extended
Bitget
SunX
GMX
BackpackBloFin0.7069+4.819%
Aster0.7069+4.824%gTrade (Gains Network)0.7071+4.845%Pacifica0.7073+4.878%Phoenix0.7074+4.899%Hyperliquid0.7075+4.902%Kraken Futures0.7078+4.955%Coinbase International0.7081+4.997%Variational Omni0.7090+5.125%edgeX0.7091+5.141%ApeX Omni0.7093+5.175%
Aster
gTrade (Gains Network)
Pacifica
Phoenix
Hyperliquid
Kraken Futures
Coinbase International
Variational Omni
ApeX OmniVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.598% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.156% | −0.0208% | 1h | $2K | $131 | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.127% | +0.0015% | 4h | $15.6M | $15.9M | 50x | as long as short |
| Reya VIRTUALRUSDPERP | −0.123% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| KuCoin VIRTUALUSDTM | −0.113% | +0.0100% | 4h | $3.0M | $4.3M | 50x | as long as short |
| Lighter VIRTUAL | −0.108% | −0.0104% | 1h | $321K | $412K | 5x | as long as short |
| Binance VIRTUALUSDT | −0.099% | +0.0100% | 4h | $16.4M | $36.9M | 75x | as long as short |
| Gate VIRTUAL_USDT | −0.085% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |
| BingX VIRTUAL-USDT | −0.085% | +0.0100% | 4h | — | $8.1M | — | as long as short |
| MEXC VIRTUAL_USDT | −0.071% | +0.0100% | 4h | $16.0M | $4.1M | 100x | as long as short |