Spread before costs (cost unknown: a leg has no order-book sample)−4.511%
7d average+0.183%if it closes, per $10,000$451funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX VIRTUALUSDC | 0.7063 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $18K | $253K | 10x |
| Short | Injective VIRTUAL/USDC PERP | 0.6744 | 0.0033 | get 0.0004% / 1h | 52m 24s | $43 | $105K | 5.5x |
Injective VIRTUAL/USDC PERPPrice 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
- −$451.14
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$462.16
- Spread needed to break even
- 0.090%
Slippage unknown: edgeX: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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, 1 min ago | 3.58 bp | 9.1 bp −$9 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Injective0.6744cheapest
BloFin0.6986+3.588%Backpack0.7002+3.826%01 Exchange0.7007+3.900%Polymarket Perps0.7008+3.918%Lighter0.7009+3.925%Reya0.7009+3.933%MEXC0.7011+3.959%Aster0.7013+3.990%Gate0.7014+4.004%KuCoin0.7015+4.018%BingX0.7015+4.018%Extended0.7016+4.030%Pacifica0.7016+4.033%GMX0.7017+4.047%Binance0.7017+4.048%Bybit0.7017+4.048%OKX0.7018+4.063%SoDEX0.7018+4.063%Aevo0.7018+4.067%gTrade (Gains Network)0.7020+4.087%Orderly0.7020+4.093%Deribit0.7020+4.093%Bitget0.7021+4.107%Hyperliquid0.7024+4.152%SunX0.7025+4.167%Kraken Futures0.7028+4.216%ApeX Omni0.7067+4.789%Phoenix0.7080+4.978%Variational Omni0.7097+5.241%Coinbase International0.7107+5.383%
BloFin
Backpack
Polymarket Perps
Lighter
Reya
MEXC
Aster
Gate
KuCoin
BingX
Extended
Pacifica
GMX
Binance
Bybit
OKX
SoDEX
Aevo
gTrade (Gains Network)
Orderly
Deribit
Bitget
Hyperliquid
SunX
Kraken Futures
ApeX Omni
Phoenix
Variational Omni
Coinbase InternationalVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERPshort | −4.511% | +0.0033% | 1h | $43 | $105K | 5.5x | |
| BloFin VIRTUAL-USDT | −1.085% | +0.0340% | 4h | $831K | $740K | 75x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.858% | +0.0100% | 1h | $228K | $167K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.788% | −0.0272% | 1h | $2K | $539 | 10x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.771% | −0.0659% | 1h | $30K | $779K | 5x | as long as short |
| Lighter VIRTUAL | −0.763% | +0.0096% | 1h | $348K | $282K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.756% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.731% | +0.0100% | 4h | $16.0M | $3.7M | 100x | as long as short |
| Aster VIRTUALUSDT | −0.702% | +0.0100% | 4h | $182K | $80K | 20x | as long as short |
| Gate VIRTUAL_USDT | −0.688% | +0.0100% | 4h | $1.4M | $2.9M | 75x | as long as short |