After costs, if the gap returns to its 7d average, $10k−$89
spread now−0.140%7d average−0.213%fees + slippage, in and out−$96spread needed0.963%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International VIRTUAL-PERP-INTX | 0.6975 | 0.0472 | pay 0.0059% / 1h | 1h 00m | $189K | $117K | 50x |
| Short | Aster VIRTUALUSDT | 0.6965 | 0.0100 | get 0.0050% / 4h | 2h 00m | $178K | $60K | 20x |
Coinbase International VIRTUAL-PERP-INTX
Aster VIRTUALUSDTPrice 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
- −$14.04
- Funding while held
- −$11.16
- Slippage, 4 orders
- −$78.27
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$121.47
- Spread needed to break even
- 0.963%
Slippage from Coinbase International: live order book, 39 min ago; Aster: live order book, 38 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0372%
- Per $10,000 a day
- −$11.16
- 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, 39 min ago | 6.39 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 38 min ago | 8.52 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestApeX Omni0.6941+2.921%edgeX0.6942+2.936%Phoenix0.6945+2.977%Lighter0.6956+3.148%01 Exchange0.6958+3.173%Reya0.6959+3.189%MEXC0.6960+3.203%Variational Omni0.6960+3.205%SoDEX0.6960+3.210%SunX0.6961+3.218%Aevo0.6962+3.227%Polymarket Perps0.6962+3.230%Bybit0.6962+3.233%Gate0.6962+3.233%KuCoin0.6962+3.233%BingX0.6962+3.233%Orderly0.6962+3.233%Deribit0.6963+3.247%BloFin0.6964+3.262%Binance0.6965+3.277%
Injective
ApeX Omni
Phoenix
Lighter
Reya
MEXC
Variational Omni
SoDEX
SunX
Aevo
Polymarket Perps
Bybit
Gate
KuCoin
BingX
Orderly
Deribit
BloFin
BinanceAster0.6965+3.280%
Extended0.6965+3.282%OKX0.6966+3.292%gTrade (Gains Network)0.6966+3.293%GMX0.6966+3.295%Backpack0.6967+3.307%Bitget0.6970+3.351%Hyperliquid0.6971+3.364%Pacifica0.6971+3.366%Kraken Futures0.6973+3.398%
Extended
OKX
gTrade (Gains Network)
GMX
Backpack
Bitget
Hyperliquid
Pacifica
Kraken FuturesCoinbase International0.6975+3.425%
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 | −3.312% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.487% | +0.0065% | 1h | $40K | $241K | 50x | as long as short |
| edgeX VIRTUALUSDC | −0.473% | +0.0100% | 4h | $18K | $257K | 10x | as long as short |
| Phoenix VIRTUAL | −0.433% | −0.0159% | 1h | $11K | $54K | 5x | as long as short |
| Lighter VIRTUAL | −0.268% | −0.0160% | 1h | $316K | $391K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.244% | −0.0168% | 1h | $2K | $131 | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.228% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.215% | +0.0100% | 4h | $15.8M | $4.1M | 100x | as long as short |
| Variational Omni VIRTUAL | −0.213% | −0.0138% | 4h | $522K | $847K | — | as long as short |
| SoDEX VIRTUAL-USD | −0.208% | −0.0024% | 1h | $1K | $9K | 5x | as long as short |