Spread before costs (cost unknown: a leg has no order-book sample)−0.590%
7d average−0.293%if it closes, per $10,000$59funding while held, a day−$12.79
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International VIRTUAL-PERP-INTX | 0.7126 | 0.0400 | pay 0.0050% / 1h | 6m 56s | $195K | $148K | 50x |
| Short | Variational Omni VIRTUAL | 0.7084 | −0.0026 | pay 0.0013% / 4h | 1h 06m | $595K | $781K | — |
Coinbase International VIRTUAL-PERP-INTX
Variational Omni VIRTUALPrice 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
- −$58.97
- Funding while held
- −$12.79
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$81.76
- Spread needed to break even
- 0.100%
Slippage unknown: Coinbase International: live order book, 47 min ago; Variational Omni: RFQ quote, 49 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0426%
- Per $10,000 a day
- −$12.79
- 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, 47 min ago | 7.82 bp | 61.3 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 49 min ago | 4.94 bp | doesn't fit | 21.9 bp −$219 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
InjectiveVariational Omni0.7084+5.041%
ApeX Omni0.7091+5.145%edgeX0.7101+5.300%Phoenix0.7111+5.442%Reya0.7113+5.473%OKX0.7114+5.486%Aevo0.7116+5.509%01 Exchange0.7116+5.516%Orderly0.7116+5.516%Deribit0.7116+5.516%BloFin0.7116+5.516%Bybit0.7117+5.531%Gate0.7117+5.531%Extended0.7117+5.536%GMX0.7117+5.537%gTrade (Gains Network)0.7118+5.539%Pacifica0.7118+5.542%Backpack0.7118+5.546%SunX0.7118+5.546%Lighter0.7118+5.547%SoDEX0.7119+5.560%BingX0.7120+5.575%Polymarket Perps0.7120+5.581%MEXC0.7121+5.590%KuCoin0.7121+5.590%Bitget0.7122+5.605%Aster0.7124+5.635%
ApeX Omni
Phoenix
Reya
OKX
Aevo
Orderly
Deribit
BloFin
Bybit
Gate
Extended
GMX
gTrade (Gains Network)
Pacifica
Backpack
SunX
Lighter
SoDEX
BingX
Polymarket Perps
MEXC
KuCoin
Bitget
AsterCoinbase International0.7126+5.664%
Binance0.7127+5.677%Kraken Futures0.7128+5.695%Hyperliquid0.7128+5.697%
Binance
Kraken Futures
HyperliquidVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −5.361% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Variational Omni VIRTUALshort | −0.590% | −0.0026% | 4h | $595K | $781K | — | |
| ApeX Omni VIRTUALUSDT | −0.491% | +0.0100% | 1h | $40K | $242K | 50x | as long as short |
| edgeX VIRTUALUSDC | −0.344% | +0.0100% | 4h | $18K | $254K | 10x | as long as short |
| Phoenix VIRTUAL | −0.210% | −0.0181% | 1h | $11K | $43K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.181% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.168% | +0.0100% | 4h | $2.8M | $10.4M | 20x | as long as short |
| Aevo VIRTUAL-PERP | −0.147% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| 01 Exchange VIRTUALUSD | −0.140% | −0.0184% | 1h | $2K | $539 | 10x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.140% | +0.0069% | 4h | $14K | $1.5M | 10x | as long as short |