After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.228%7d average−0.308%fees + slippage, in and out−$73spread needed0.731%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International VIRTUAL-PERP-INTX | 0.7055 | 0.0432 | pay 0.0054% / 1h | 16m 26s | $193K | $118K | 50x |
| Short | Extended VIRTUAL-USD | 0.7039 | 0.0104 | get 0.0013% / 1h | 16m 26s | $55K | $244K | 10x |
Coinbase International VIRTUAL-PERP-INTX
Extended 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
- −$22.76
- Funding while held
- −$9.84
- Slippage, 4 orders
- −$58.1
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$105.71
- Spread needed to break even
- 0.731%
Slippage from Coinbase International: live order book, 33 min ago; Extended: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0328%
- Per $10,000 a day
- −$9.84
- 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, 33 min ago | 6.31 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 13 min ago | 2.50 bp | 15.3 bp −$15 | 243.5 bp −$2,435 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.7001+3.809%edgeX0.7011+3.959%Phoenix0.7025+4.168%SoDEX0.7030+4.248%BloFin0.7032+4.270%Aevo0.7033+4.283%Orderly0.7033+4.285%Deribit0.7033+4.285%SunX0.7035+4.315%GMX0.7037+4.339%Lighter0.7037+4.349%gTrade (Gains Network)0.7038+4.353%MEXC0.7038+4.359%BingX0.7038+4.359%
Injective
Variational Omni
Phoenix
SoDEX
BloFin
Aevo
Orderly
Deribit
SunX
GMX
Lighter
gTrade (Gains Network)
MEXC
BingXExtended0.7039+4.373%
Bybit0.7039+4.374%OKX0.7039+4.374%01 Exchange0.7039+4.374%KuCoin0.7039+4.374%Binance0.7039+4.378%Reya0.7040+4.382%Pacifica0.7040+4.387%Aster0.7040+4.392%Gate0.7041+4.404%Backpack0.7041+4.404%Bitget0.7042+4.419%ApeX Omni0.7042+4.419%Polymarket Perps0.7046+4.472%Kraken Futures0.7047+4.486%Hyperliquid0.7047+4.491%
Bybit
OKX
KuCoin
Binance
Reya
Pacifica
Aster
Gate
Backpack
Bitget
ApeX Omni
Polymarket Perps
Kraken Futures
HyperliquidCoinbase International0.7055+4.612%
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 | −4.408% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.767% | −0.0031% | 4h | $591K | $801K | — | as long as short |
| edgeX VIRTUALUSDC | −0.624% | +0.0100% | 4h | $18K | $255K | 10x | as long as short |
| Phoenix VIRTUAL | −0.424% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| SoDEX VIRTUAL-USD | −0.347% | +0.0100% | 1h | $204 | $8K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −0.326% | +0.0340% | 4h | $839K | $778K | 75x | as long as short |
| Aevo VIRTUAL-PERP | −0.314% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.312% | +0.0065% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.312% | −0.0176% | 1h | $25K | $30K | 10x | as long as short |
| SunX VIRTUAL-USDT | −0.283% | +0.0100% | 4h | $2K | $1.3M | 20x | as long as short |