After costs, if the gap returns to its 7d average, $10k−$145
spread now−1.101%7d average−0.255%fees + slippage, in and out−$61spread needed0.608%
| 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 | 38m 27s | $193K | $119K | 50x |
| Short | Polymarket Perps VIRTUAL-USD | 0.7035 | 0.0100 | get 0.0013% / 1h | 38m 27s | $33K | $796K | 5x |
Coinbase International VIRTUAL-PERP-INTX
Polymarket Perps 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
- −$110.08
- Funding while held
- −$11.16
- Slippage, 4 orders
- −$42.79
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$182.03
- Spread needed to break even
- 0.608%
Slippage from Coinbase International: live order book, 1 min ago; Polymarket Perps: live order book, 66 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, 1 min ago | 6.39 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 66 min ago | 1.33 bp | 9.5 bp −$10 | 10.0 bp −$100 | doesn't fit | doesn't fit |
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%ApeX Omni0.7011+3.959%Phoenix0.7015+4.011%BloFin0.7022+4.122%MEXC0.7026+4.181%OKX0.7027+4.196%Extended0.7028+4.218%SoDEX0.7028+4.219%Reya0.7029+4.225%Aevo0.7030+4.240%Bybit0.7030+4.241%Binance0.7031+4.254%BingX0.7031+4.256%Deribit0.7031+4.256%GMX0.7033+4.280%Orderly0.7033+4.285%Lighter0.7034+4.300%gTrade (Gains Network)0.7035+4.309%
Injective
Variational Omni
ApeX Omni
Phoenix
BloFin
MEXC
OKX
Extended
SoDEX
Reya
Aevo
Bybit
Binance
BingX
Deribit
GMX
Orderly
Lighter
gTrade (Gains Network)Polymarket Perps0.7035+4.310%
Gate0.7035+4.315%KuCoin0.7035+4.315%SunX0.7035+4.315%Bitget0.7036+4.330%Backpack0.7037+4.345%Kraken Futures0.7038+4.358%Hyperliquid0.7038+4.364%Pacifica0.7039+4.376%Aster0.7040+4.396%01 Exchange0.7042+4.419%
Gate
KuCoin
SunX
Bitget
Backpack
Kraken Futures
Hyperliquid
Pacifica
AsterCoinbase 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 |
| ApeX Omni VIRTUALUSDT | −1.434% | −0.0073% | 1h | $40K | $241K | 50x | as long as short |
| Phoenix VIRTUAL | −1.385% | −0.0159% | 1h | $11K | $54K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −1.279% | +0.0340% | 4h | $822K | $760K | 75x | as long as short |
| MEXC VIRTUAL_USDT | −1.223% | +0.0100% | 4h | $16.0M | $4.0M | 100x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −1.209% | +0.0100% | 4h | $2.7M | $9.8M | 20x | as long as short |
| Extended VIRTUAL-USD | −1.188% | +0.0104% | 1h | $55K | $245K | 10x | as long as short |
| SoDEX VIRTUAL-USD | −1.188% | −0.0095% | 1h | $1K | $9K | 5x | as long as short |