After costs, if the gap returns to its 7d average, $10k−$105
spread now−0.400%7d average+0.064%fees + slippage, in and out−$59spread needed0.589%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX VIRTUALUSDC | 0.7105 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $18K | $253K | 10x |
| Short | Gate VIRTUAL_USDT | 0.7077 | 0.0100 | get 0.0050% / 4h | 1h 59m | $1.5M | $2.9M | 75x |
Gate 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
- −$39.97
- Funding while held
- $0
- Slippage, 4 orders
- −$34.9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$98.87
- Spread needed to break even
- 0.589%
Slippage from edgeX: live order book, 59 min ago; Gate: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 59 min ago | 2.82 bp | 8.2 bp −$8 | 49.0 bp −$490 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.53 bp | 20.9 bp −$21 | 94.5 bp −$945 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
Bybit0.7072+4.864%Polymarket Perps0.7073+4.881%Extended0.7073+4.883%OKX0.7074+4.893%Backpack0.7074+4.893%Deribit0.7074+4.893%Reya0.7074+4.895%Aevo0.7075+4.903%MEXC0.7075+4.908%BingX0.7075+4.908%Orderly0.7075+4.908%SoDEX0.7076+4.915%
Injective
Bybit
Polymarket Perps
Extended
OKX
Backpack
Deribit
Reya
Aevo
MEXC
BingX
Orderly
SoDEXGate0.7077+4.938%
KuCoin0.7077+4.938%Binance0.7077+4.941%Pacifica0.7078+4.950%Aster0.7078+4.954%gTrade (Gains Network)0.7078+4.958%Lighter0.7079+4.975%GMX0.7080+4.982%SunX0.7081+4.997%Hyperliquid0.7081+5.003%Bitget0.7082+5.012%Kraken Futures0.7084+5.045%01 Exchange0.7085+5.056%Coinbase International0.7088+5.101%BloFin0.7095+5.205%Variational Omni0.7097+5.235%ApeX Omni0.7099+5.264%Phoenix0.7109+5.411%
KuCoin
Binance
Pacifica
Aster
gTrade (Gains Network)
Lighter
GMX
SunX
Hyperliquid
Bitget
Kraken Futures
Coinbase International
BloFin
Variational Omni
ApeX Omni
PhoenixVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −5.086% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.470% | +0.0100% | 4h | $15.6M | $15.2M | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.453% | −0.0530% | 1h | $30K | $778K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.451% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.442% | +0.0100% | 4h | $2.8M | $10.2M | 20x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.442% | +0.0100% | 1h | $230K | $163K | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.442% | −0.0315% | 1h | $15K | $20K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.440% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.433% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| MEXC VIRTUAL_USDT | −0.428% | +0.0100% | 4h | $16.3M | $3.7M | 100x | as long as short |