Spread before costs (cost unknown: a leg has no order-book sample)−0.028%
7d average—if it closes, per $10,000$3funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VIRTUAL_USDC-PERPETUAL | 0.7083 | 0 | get 0.0000% / 1h | 8m 35s | $25K | $30K | 10x |
| Short | ApeX Omni VIRTUALUSDT | 0.7081 | 0.0100 | get 0.0013% / 1h | 8m 35s | $40K | $241K | 50x |
Deribit VIRTUAL_USDC-PERPETUAL
ApeX Omni VIRTUALUSDTPrice 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
- −$2.82
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$16.82
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 39 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 39 min ago | 6.34 bp | 13.5 bp −$13 | 100.1 bp −$1,001 | doesn't fit | doesn't fit |
Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.7074+4.896%Phoenix0.7079+4.961%BloFin0.7079+4.967%edgeX0.7079+4.973%Aevo0.7080+4.979%
Injective
Variational Omni
Phoenix
BloFin
AevoApeX Omni0.7081+4.997%
Orderly0.7081+4.997%Reya0.7081+5.000%
Orderly
ReyaDeribit0.7083+5.027%
gTrade (Gains Network)0.7085+5.052%GMX0.7086+5.065%Bybit0.7086+5.071%OKX0.7086+5.071%SunX0.7086+5.071%01 Exchange0.7087+5.086%SoDEX0.7087+5.093%Coinbase International0.7088+5.101%Bitget0.7089+5.116%Extended0.7090+5.131%Binance0.7090+5.136%BingX0.7091+5.145%Backpack0.7091+5.145%Lighter0.7091+5.153%MEXC0.7095+5.205%Polymarket Perps0.7096+5.212%Kraken Futures0.7096+5.219%Gate0.7097+5.234%Pacifica0.7099+5.261%KuCoin0.7099+5.264%Aster0.7099+5.268%Hyperliquid0.7100+5.279%
gTrade (Gains Network)
GMX
Bybit
OKX
SunX
SoDEX
Coinbase International
Bitget
Extended
Binance
BingX
Backpack
Lighter
MEXC
Polymarket Perps
Kraken Futures
Gate
Pacifica
KuCoin
Aster
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 | −4.786% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.125% | −0.0002% | 4h | $595K | $801K | — | as long as short |
| Phoenix VIRTUAL | −0.062% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −0.056% | +0.0340% | 4h | $837K | $777K | 75x | as long as short |
| edgeX VIRTUALUSDC | −0.051% | +0.0100% | 4h | $18K | $255K | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.045% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| ApeX Omni VIRTUALUSDTshort | −0.028% | +0.0100% | 1h | $40K | $241K | 50x | |
| Orderly PERP_VIRTUAL_USDC | −0.028% | +0.0065% | 4h | $14K | $1.5M | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.025% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $25K | $30K | 10x |