Settings8H · net · $10k
Funding arb · Price arb /

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.072%
Price spread now: Aevo against Deribit−0.051%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.051% cheaper against Deribit than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 39 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit VIRTUAL_USDC-PERPETUAL0.71680get 0.0000% / 1h56m 41s$15K$40K10x
ShortAevo VIRTUAL-PERP0.71640.0104get 0.0013% / 1h56m 41s$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.84
Price spread: −0.051% → 0.000%
−$5.12
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$6.28
Costs to cover
0.230%
Break-even
9.0 days
Slippage unknown: Deribit: no order-book sample; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Aevo no order-book sample
Deribit and Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

VIRTUAL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_VIRTUALUSD−0.0224%1h0.7171+0.039%$516K$745K50xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7163−0.063%$2410xas long as short
Lighter VIRTUAL−0.0072%1h0.7155−0.188%$323K$400K5xas long as short
Phoenix VIRTUAL−0.0067%1h0.7165−0.046%$11K$36K5xas long as short
Variational Omni VIRTUAL−0.0044%4h0.7142−0.369%$535K$837Kas long as short
Deribit VIRTUAL_USDC-PERPETUALlong0.0000%1h0.7168long leg$15K$40K10x
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0006%1h0.7167−0.010%$22K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.711%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0073%4h0.71680.000%$16K$1.8M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7163−0.073%$93K$302K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7161−0.103%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7158−0.134%$16.1M$41.8M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7154−0.195%$16.3M$18.8M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7153−0.209%$2.9M$10.1M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7165−0.042%$1.5M$3.2M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7163−0.070%$15.6M$5.0M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7163−0.070%$3.3M$4.5M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7164−0.056%$6.0M$5.8M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7163−0.070%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7172+0.056%$237K$175K10xas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7147−0.298%$19K$257K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7154−0.195%$629K$1.2M10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7149−0.265%$40K$235K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7169+0.014%$47K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7166−0.028%$2K$1.3M20xas long as short
SoDEX VIRTUAL-USD+0.0100%1h0.7167−0.015%$1K$9K5xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7163−0.075%$55K$308K10xas long as short
Aevo VIRTUAL-PERPshort+0.0104%1h0.7164−0.051%$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0313% / S −0.0258%1h0.71680.000%$32K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7169+0.014%$789K$1.0M75xas long as short
Hyperliquid VIRTUAL+0.0401%1h0.7173+0.071%$8.8M$3.8M5xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0512%1h0.7173+0.070%$200K$100K50xas long as short
01 Exchange VIRTUALUSD+0.6280%1h0.7305+1.911%$2K$10610xas long as short