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−$3.82
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VIRTUAL_USDC-PERPETUAL | 0.7077 | −0.0033 | get 0.0004% / 1h | 9m 51s | $25K | $30K | 10x |
| Short | 01 Exchange VIRTUALUSD | 0.7072 | −0.0160 | pay 0.0020% / 1h | 9m 51s | $2K | $492 | 10x |
Deribit VIRTUAL_USDC-PERPETUALPrice 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
- −$3.82
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$24.89
- Spread needed to break even
- 0.140%
Slippage unknown: Deribit: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0127%
- Per $10,000 a day
- −$3.82
- 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 01 Exchange no order-book sample | — | — | — | — | — |
Deribit and 01 Exchange: 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.Injective0.6744cheapestApeX Omni0.7047+4.493%Phoenix0.7057+4.641%edgeX0.7064+4.745%MEXC0.7066+4.775%Lighter0.7074+4.886%Variational Omni0.7074+4.896%Aevo0.7074+4.900%Bybit0.7075+4.908%OKX0.7075+4.908%Reya0.7075+4.911%Orderly0.7076+4.923%SoDEX0.7077+4.930%Extended0.7077+4.938%BingX0.7077+4.938%
Injective
ApeX Omni
Phoenix
MEXC
Lighter
Variational Omni
Aevo
Bybit
OKX
Reya
Orderly
SoDEX
Extended
BingXDeribit0.7077+4.938%
Binance0.7078+4.948%GMX0.7078+4.950%SunX0.7078+4.953%Gate0.7079+4.967%KuCoin0.7079+4.967%Aster0.7079+4.971%gTrade (Gains Network)0.7080+4.979%Bitget0.7080+4.982%Polymarket Perps0.7081+4.993%Backpack0.7081+4.997%BloFin0.7081+4.997%Pacifica0.7081+4.998%Hyperliquid0.7087+5.080%Coinbase International0.7088+5.101%Kraken Futures0.7092+5.164%
Binance
GMX
SunX
Gate
KuCoin
Aster
gTrade (Gains Network)
Bitget
Polymarket Perps
Backpack
BloFin
Pacifica
Hyperliquid
Coinbase International
Kraken FuturesVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.705% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.424% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Phoenix VIRTUAL | −0.283% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.184% | +0.0100% | 4h | $18K | $254K | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.155% | +0.0100% | 4h | $15.9M | $4.0M | 100x | as long as short |
| 01 Exchange VIRTUALUSDshort | −0.071% | −0.0160% | 1h | $2K | $492 | 10x | |
| Lighter VIRTUAL | −0.049% | +0.0096% | 1h | $324K | $369K | 5x | as long as short |
| Variational Omni VIRTUAL | −0.040% | −0.0002% | 4h | $595K | $801K | — | as long as short |
| Aevo VIRTUAL-PERP | −0.036% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Bybit VIRTUALUSDT | −0.028% | +0.0100% | 4h | $15.7M | $16.0M | 50x | as long as short |