After costs, if the gap returns to its 7d average, $10k−$166
spread now−1.322%7d average−0.271%fees + slippage, in and out−$61spread needed0.606%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International VIRTUAL-PERP-INTX | 0.7113 | 0.0472 | pay 0.0059% / 1h | 39m 29s | $193K | $119K | 50x |
| Short | BingX VIRTUAL-USDT | 0.7019 | 0.0100 | get 0.0050% / 4h | 2h 39m | — | $8.1M | — |
Coinbase International VIRTUAL-PERP-INTX
BingX 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
- −$132.15
- Funding while held
- −$11.16
- Slippage, 4 orders
- −$40.58
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$203.89
- Spread needed to break even
- 0.606%
Slippage from Coinbase International: live order book, 65 min ago; BingX: live order book, 5 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, 65 min ago | 7.01 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.42 bp | 8.9 bp −$9 | 11.9 bp −$119 | 24.3 bp −$2,431 | 85.4 bp −$42.7K |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
Variational Omni0.6999+3.779%edgeX0.7006+3.884%BloFin0.7006+3.885%SoDEX0.7009+3.929%Aevo0.7010+3.951%ApeX Omni0.7011+3.959%Deribit0.7013+3.989%Lighter0.7014+4.004%Orderly0.7014+4.004%Phoenix0.7015+4.011%Backpack0.7015+4.018%Bybit0.7016+4.033%Gate0.7017+4.048%Binance0.7018+4.058%GMX0.7018+4.061%Extended0.7018+4.062%01 Exchange0.7018+4.063%Kraken Futures0.7018+4.069%Aster0.7019+4.071%gTrade (Gains Network)0.7019+4.073%OKX0.7019+4.078%
Injective
Variational Omni
BloFin
SoDEX
Aevo
ApeX Omni
Deribit
Lighter
Orderly
Phoenix
Backpack
Bybit
Gate
Binance
GMX
Extended
Kraken Futures
Aster
gTrade (Gains Network)
OKXBingX0.7019+4.078%
Pacifica0.7020+4.093%MEXC0.7020+4.093%Reya0.7020+4.094%KuCoin0.7022+4.122%Bitget0.7022+4.122%Polymarket Perps0.7023+4.131%SunX0.7023+4.137%Hyperliquid0.7025+4.167%
Pacifica
MEXC
Reya
KuCoin
Bitget
Polymarket Perps
SunX
HyperliquidCoinbase International0.7113+5.472%
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 | −5.188% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −1.604% | −0.0111% | 4h | $569K | $805K | — | as long as short |
| edgeX VIRTUALUSDC | −1.505% | +0.0100% | 4h | $18K | $255K | 10x | as long as short |
| BloFin VIRTUAL-USDT | −1.504% | +0.0340% | 4h | $816K | $758K | 75x | as long as short |
| SoDEX VIRTUAL-USD | −1.462% | −0.0122% | 1h | $1K | $9K | 5x | as long as short |
| Aevo VIRTUAL-PERP | −1.442% | +0.0104% | 1h | $17K | $505 | 3x | as long as short |
| ApeX Omni VIRTUALUSDT | −1.434% | −0.0073% | 1h | $40K | $241K | 50x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −1.406% | −0.0320% | 1h | $15K | $40K | 10x | as long as short |
| Lighter VIRTUAL | −1.392% | −0.0184% | 1h | $319K | $389K | 5x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −1.392% | +0.0056% | 4h | $14K | $1.5M | 10x | as long as short |