data as of
Settings8H · net · $10k
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Price arb /

VIRTUAL

all VIRTUAL markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$21
spread now+0.127%7d average+0.025%fees + slippage, in and out−$31spread needed0.307%
Long on edgeXShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX VIRTUALUSDC0.70120.0100pay 0.0050% / 4h1h 14m$18K$257K10x
ShortBingX VIRTUAL-USDT0.70210.0100get 0.0050% / 4h1h 14m—$8.2M—

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$12.68
Funding while held
$0
Slippage, 4 orders
−$11.74
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$18.06
Spread needed to break even
0.307%
Slippage from edgeX: live order book, 19 min ago; BingX: live order book, 15 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 19 min ago2.86 bp7.9 bp −$819.0 bp −$190doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago0.71 bp8.5 bp −$913.2 bp −$13221.4 bp −$2,13673.6 bp −$36.8K

VIRTUAL price on every exchange

against the cheapest. Click to use as the short leg.
Phoenix0.6988cheapestInjective0.6992+0.059%
edgeX0.7012+0.346%
Reya0.7014+0.370%ApeX Omni0.7014+0.374%Lighter0.7015+0.394%MEXC0.7017+0.416%Bybit0.7018+0.431%01 Exchange0.7019+0.445%Binance0.7020+0.459%OKX0.7020+0.459%Gate0.7020+0.459%Bitget0.7020+0.459%BloFin0.7020+0.459%GMX0.7020+0.462%KuCoin0.7021+0.474%
BingX0.7021+0.474%
SoDEX0.7022+0.481%Aevo0.7022+0.483%Polymarket Perps0.7022+0.484%Variational Omni0.7022+0.484%Extended0.7022+0.485%Pacifica0.7023+0.500%gTrade (Gains Network)0.7023+0.501%Aster0.7024+0.514%Backpack0.7024+0.517%Orderly0.7024+0.517%SunX0.7025+0.531%Deribit0.7025+0.531%Hyperliquid0.7026+0.538%Kraken Futures0.7031+0.624%Coinbase International0.7033+0.645%

VIRTUAL on 32 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phoenix VIRTUAL−0.345%−0.0138%1h$11K$48K5xas long as short
Injective VIRTUAL/USDC PERP−0.287%+0.0033%1h$45$56K5.5xas long as short
edgeX VIRTUALUSDClong0.000%+0.0100%4h$18K$257K10x
Reya VIRTUALRUSDPERP+0.023%−0.0139%1h$23—10xas long as short
ApeX Omni VIRTUALUSDT+0.027%+0.0100%1h$40K$241K50xas long as short
Lighter VIRTUAL+0.047%−0.0168%1h$319K$389K5xas long as short
MEXC VIRTUAL_USDT+0.070%+0.0100%4h$16.2M$4.0M100xas long as short
Bybit VIRTUALUSDT+0.084%−0.0081%4h$15.2M$15.4M50xas long as short
01 Exchange VIRTUALUSD+0.098%−0.0136%1h$2K$13110xas long as short
Binance VIRTUALUSDT+0.113%+0.0100%4h$15.9M$35.7M75xas long as short
Show all 32 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX VIRTUAL-USDT-SWAP+0.113%+0.0100%4h$2.7M$9.5M20xas long as short
Gate VIRTUAL_USDT+0.113%+0.0096%4h$1.4M$3.1M75xas long as short
Bitget VIRTUALUSDT+0.113%+0.0100%4h$6.0M$5.3M25xas long as short
BloFin VIRTUAL-USDT+0.113%+0.0340%4h$810K$765K75xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]+0.115%L +0.0296% / S −0.0228%1h$30K—100xas long as short
KuCoin VIRTUALUSDTM+0.127%+0.0100%4h$3.0M$4.1M50xas long as short
BingX VIRTUAL-USDTshort+0.127%+0.0100%4h—$8.2M—
SoDEX VIRTUAL-USD+0.134%+0.0100%1h$1K$9K5xas long as short
Aevo VIRTUAL-PERP+0.136%+0.0104%1h$18K$5053xas long as short
Polymarket Perps VIRTUAL-USD+0.137%+0.0100%1h$33K$764K5xas long as short
Variational Omni VIRTUAL+0.137%−0.0120%4h$528K$847K—as long as short
Extended VIRTUAL-USD+0.138%+0.0104%1h$55K$243K10xas long as short
Pacifica VIRTUAL+0.153%+0.0100%1h$72K$40K5xas long as short
gTrade (Gains Network) VIRTUAL/USD+0.154%L +0.0007% / S −0.0004%1h$12K—150xas long as short
Aster VIRTUALUSDT+0.167%+0.0100%4h$183K$69K20xas long as short
Backpack VIRTUAL_USDC_PERP+0.170%+0.0100%1h$231K$166K10xas long as short
Orderly PERP_VIRTUAL_USDC+0.170%+0.0063%4h$14K$1.5M10xas long as short
SunX VIRTUAL-USDT+0.184%+0.0100%4h$2K$1.2M20xas long as short
Deribit VIRTUAL_USDC-PERPETUAL+0.184%0.0000%1h$15K$40K10xas long as short
Hyperliquid VIRTUAL+0.191%+0.0100%1h$8.6M$3.6M5xas long as short
Kraken Futures PF_VIRTUALUSD+0.277%+0.0144%1h$514K$499K50xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.298%+0.0472%1h$191K$115K50xas long as short