After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.043%7d average−0.233%fees + slippage, in and out−$72spread needed0.724%
| 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 | 59m 31s | $189K | $117K | 50x |
| Short | Bitget VIRTUALUSDT | 0.6978 | 0.0100 | get 0.0050% / 4h | 1h 59m | $6.0M | $5.3M | 25x |
Coinbase International VIRTUAL-PERP-INTX
Bitget 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
- $4.3
- Funding while held
- −$11.16
- Slippage, 4 orders
- −$50.42
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$79.28
- Spread needed to break even
- 0.724%
Slippage from Coinbase International: live order book, 40 min ago; Bitget: 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, 40 min ago | 6.39 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.44 bp | 13.0 bp −$13 | 30.9 bp −$309 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestedgeX0.6942+2.936%Variational Omni0.6960+3.205%SoDEX0.6960+3.210%SunX0.6961+3.218%Aevo0.6962+3.227%Orderly0.6962+3.233%Deribit0.6963+3.247%Phoenix0.6964+3.258%BloFin0.6964+3.262%Lighter0.6964+3.264%Gate0.6965+3.277%ApeX Omni0.6965+3.277%Backpack0.6967+3.307%MEXC0.6969+3.336%Reya0.6969+3.338%Aster0.6969+3.342%OKX0.6970+3.351%Bybit0.6971+3.366%01 Exchange0.6971+3.366%Pacifica0.6972+3.375%Extended0.6972+3.378%KuCoin0.6973+3.396%BingX0.6973+3.396%Kraken Futures0.6973+3.398%Polymarket Perps0.6974+3.405%GMX0.6974+3.409%Binance0.6975+3.422%
Injective
Variational Omni
SoDEX
SunX
Aevo
Orderly
Deribit
Phoenix
BloFin
Lighter
Gate
ApeX Omni
Backpack
MEXC
Reya
Aster
OKX
Bybit
Pacifica
Extended
KuCoin
BingX
Kraken Futures
Polymarket Perps
GMX
BinanceCoinbase International0.6975+3.425%
gTrade (Gains Network)0.6976+3.442%Hyperliquid0.6977+3.462%
gTrade (Gains Network)
HyperliquidBitget0.6978+3.470%
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 |
| edgeX VIRTUALUSDC | −0.473% | +0.0100% | 4h | $18K | $257K | 10x | 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 |
| SunX VIRTUAL-USDT | −0.201% | +0.0100% | 4h | $1K | $1.2M | 20x | as long as short |
| Aevo VIRTUAL-PERP | −0.191% | +0.0104% | 1h | $17K | $505 | 3x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.186% | +0.0056% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.172% | −0.0181% | 1h | $15K | $40K | 10x | as long as short |
| Phoenix VIRTUAL | −0.162% | −0.0159% | 1h | $11K | $48K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −0.158% | +0.0340% | 4h | $815K | $764K | 75x | as long as short |