Spread before costs (cost unknown: a leg has no order-book sample)+0.071%
7d average—if it closes, per $10,000$7funding while held, a day+$25.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VIRTUAL_USDC-PERPETUAL | 0.7068 | −0.0739 | get 0.0092% / 1h | 22m 26s | $15K | $40K | 10x |
| Short | SunX VIRTUAL-USDT | 0.7073 | 0.0100 | get 0.0050% / 4h | 3h 22m | $2K | $1.3M | 20x |
Deribit VIRTUAL_USDC-PERPETUAL
SunX VIRTUAL-USDTPrice 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
- $7.07
- Funding while held
- $25.18
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- $15.26
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: no order-book sample; SunX: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0839%
- Per $10,000 a day
- +$25.18
- 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 SunX live order book, 8 min ago | 500.56 bp | doesn't fit | doesn't fit | 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.Injective0.6744cheapest01 Exchange0.7058+4.656%MEXC0.7059+4.671%Coinbase International0.7060+4.686%Reya0.7060+4.690%Binance0.7062+4.715%Bybit0.7062+4.715%Extended0.7063+4.735%Gate0.7064+4.745%Lighter0.7065+4.757%BingX0.7065+4.760%Orderly0.7065+4.760%Aevo0.7065+4.766%SoDEX0.7066+4.767%KuCoin0.7066+4.775%Polymarket Perps0.7066+4.778%Bitget0.7067+4.789%
Injective
MEXC
Coinbase International
Reya
Binance
Bybit
Extended
Gate
Lighter
BingX
Orderly
Aevo
SoDEX
KuCoin
Polymarket Perps
BitgetDeribit0.7068+4.804%
Aster0.7069+4.818%OKX0.7069+4.819%Backpack0.7069+4.819%BloFin0.7069+4.819%gTrade (Gains Network)0.7071+4.845%Hyperliquid0.7072+4.865%GMX0.7072+4.868%Pacifica0.7073+4.878%
Aster
OKX
Backpack
BloFin
gTrade (Gains Network)
Hyperliquid
GMX
PacificaSunX0.7073+4.878%
Phoenix0.7074+4.899%Kraken Futures0.7078+4.957%Variational Omni0.7090+5.125%edgeX0.7091+5.141%ApeX Omni0.7093+5.175%
Phoenix
Kraken Futures
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 | −4.584% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.141% | −0.0208% | 1h | $2K | $131 | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.127% | +0.0100% | 4h | $16.0M | $4.1M | 100x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | −0.113% | +0.0464% | 1h | $192K | $117K | 50x | as long as short |
| Reya VIRTUALRUSDPERP | −0.109% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Binance VIRTUALUSDT | −0.085% | +0.0100% | 4h | $16.4M | $36.9M | 75x | as long as short |
| Bybit VIRTUALUSDT | −0.085% | +0.0015% | 4h | $15.6M | $15.9M | 50x | as long as short |
| Extended VIRTUAL-USD | −0.066% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Gate VIRTUAL_USDT | −0.057% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |
| Lighter VIRTUAL | −0.045% | −0.0104% | 1h | $321K | $412K | 5x | as long as short |