After costs, if the gap returns to its 7d average, $10k−$81
spread now−0.325%7d average−0.253%fees + slippage, in and out−$74spread needed0.735%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International VIRTUAL-PERP-INTX | 0.7081 | 0.0464 | pay 0.0058% / 1h | 21m 43s | $193K | $118K | 50x |
| Short | OKX VIRTUAL-USDT-SWAP | 0.7058 | 0.0100 | get 0.0050% / 4h | 3h 21m | $2.7M | $10.2M | 20x |
Coinbase International VIRTUAL-PERP-INTX
OKX VIRTUAL-USDT-SWAPPrice 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
- −$32.48
- Funding while held
- −$10.92
- Slippage, 4 orders
- −$53.53
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$116.93
- Spread needed to break even
- 0.735%
Slippage from Coinbase International: live order book, 23 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0364%
- Per $10,000 a day
- −$10.92
- 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, 23 min ago | 7.01 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.71 bp | 14.7 bp −$15 | 47.1 bp −$471 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestBybit0.7053+4.582%Extended0.7056+4.628%MEXC0.7057+4.641%BingX0.7057+4.641%Lighter0.7058+4.650%
Injective
Bybit
Extended
MEXC
BingX
LighterOKX0.7058+4.656%
01 Exchange0.7058+4.656%Binance0.7058+4.662%Gate0.7060+4.686%Reya0.7060+4.690%Bitget0.7063+4.730%Pacifica0.7064+4.740%KuCoin0.7064+4.745%SoDEX0.7065+4.752%Orderly0.7065+4.760%Deribit0.7066+4.775%Aevo0.7066+4.775%Polymarket Perps0.7066+4.778%SunX0.7068+4.804%Aster0.7068+4.807%GMX0.7068+4.810%Backpack0.7069+4.819%BloFin0.7069+4.819%gTrade (Gains Network)0.7071+4.845%Phoenix0.7074+4.899%Hyperliquid0.7075+4.901%Kraken Futures0.7078+4.955%
Binance
Gate
Reya
Bitget
Pacifica
KuCoin
SoDEX
Orderly
Deribit
Aevo
Polymarket Perps
SunX
Aster
GMX
Backpack
BloFin
gTrade (Gains Network)
Phoenix
Hyperliquid
Kraken FuturesCoinbase International0.7081+4.997%
Variational Omni0.7090+5.125%edgeX0.7091+5.141%ApeX Omni0.7093+5.175%
Variational Omni
ApeX OmniVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.759% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.395% | +0.0015% | 4h | $15.6M | $15.9M | 50x | as long as short |
| Extended VIRTUAL-USD | −0.351% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.339% | +0.0100% | 4h | $16.0M | $4.1M | 100x | as long as short |
| BingX VIRTUAL-USDT | −0.339% | +0.0100% | 4h | — | $8.1M | — | as long as short |
| Lighter VIRTUAL | −0.330% | −0.0104% | 1h | $321K | $412K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAPshort | −0.325% | +0.0100% | 4h | $2.7M | $10.2M | 20x | |
| 01 Exchange VIRTUALUSD | −0.325% | −0.0208% | 1h | $2K | $131 | 10x | as long as short |
| Binance VIRTUALUSDT | −0.319% | +0.0100% | 4h | $16.4M | $36.9M | 75x | as long as short |
| Gate VIRTUAL_USDT | −0.297% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |