Spread before costs (cost unknown: a leg has no order-book sample)−0.184%
7d average—if it closes, per $10,000$18funding while held, a day−$8.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International VIRTUAL-PERP-INTX | 0.7107 | 0.0400 | pay 0.0050% / 1h | 57m 11s | $194K | $149K | 50x |
| Short | Aevo VIRTUAL-PERP | 0.7094 | 0.0104 | get 0.0013% / 1h | 57m 11s | $18K | $505 | 3x |
Coinbase International VIRTUAL-PERP-INTX
Aevo VIRTUAL-PERPPrice 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
- −$18.36
- Funding while held
- −$8.88
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$53.24
- Spread needed to break even
- 0.260%
Slippage unknown: Coinbase International: live order book, 62 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0296%
- Per $10,000 a day
- −$8.88
- 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 Coinbase International live order book, 62 min ago | 6.33 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.Injective0.6744cheapest
Phoenix0.7076+4.923%edgeX0.7079+4.969%ApeX Omni0.7086+5.071%Polymarket Perps0.7091+5.147%Extended0.7092+5.156%Reya0.7092+5.158%01 Exchange0.7092+5.160%Bybit0.7093+5.175%
Injective
Phoenix
ApeX Omni
Polymarket Perps
Extended
Reya
BybitAevo0.7094+5.189%
Orderly0.7094+5.190%SoDEX0.7095+5.205%Deribit0.7095+5.205%BloFin0.7096+5.219%Pacifica0.7096+5.222%Lighter0.7097+5.234%OKX0.7097+5.234%Gate0.7097+5.234%MEXC0.7097+5.234%SunX0.7097+5.234%Variational Omni0.7097+5.235%gTrade (Gains Network)0.7097+5.239%Binance0.7097+5.240%Aster0.7098+5.246%KuCoin0.7098+5.249%BingX0.7098+5.249%GMX0.7098+5.251%Bitget0.7100+5.279%Backpack0.7100+5.279%Kraken Futures0.7102+5.313%Hyperliquid0.7104+5.343%
Orderly
SoDEX
Deribit
BloFin
Pacifica
Lighter
OKX
Gate
MEXC
SunX
Variational Omni
gTrade (Gains Network)
Binance
Aster
KuCoin
BingX
GMX
Bitget
Backpack
Kraken Futures
HyperliquidCoinbase International0.7107+5.383%
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 | −5.108% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.436% | −0.0101% | 1h | $11K | $42K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.393% | +0.0100% | 4h | $18K | $252K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.295% | +0.0100% | 1h | $42K | $234K | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.224% | −0.0371% | 1h | $30K | $778K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.215% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.213% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.211% | −0.0240% | 1h | $2K | $539 | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.197% | +0.0100% | 4h | $15.6M | $15.2M | 50x | as long as short |
| Aevo VIRTUAL-PERPshort | −0.184% | +0.0104% | 1h | $18K | $505 | 3x |