Spread before costs (cost unknown: a leg has no order-book sample)−0.262%
7d average—if it closes, per $10,000$26funding while held, a day−$9.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX VIRTUALUSDC | 0.7112 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $18K | $255K | 10x |
| Short | 01 Exchange VIRTUALUSD | 0.7093 | −0.0200 | pay 0.0025% / 1h | 25m 06s | $2K | $131 | 10x |
Price 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
- −$26.17
- Funding while held
- −$9
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$51.17
- Spread needed to break even
- 0.160%
Slippage unknown: edgeX: live order book, 19 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0300%
- Per $10,000 a day
- −$9.00
- 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, 19 min ago | 2.81 bp | 8.2 bp −$8 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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.Injective0.6744cheapest
OKX0.7070+4.834%Bybit0.7071+4.849%Binance0.7072+4.864%BingX0.7072+4.864%BloFin0.7073+4.878%MEXC0.7076+4.923%Bitget0.7077+4.938%Backpack0.7077+4.938%Lighter0.7081+4.994%Hyperliquid0.7082+5.010%KuCoin0.7082+5.012%Gate0.7083+5.027%SoDEX0.7085+5.053%Extended0.7086+5.076%Aevo0.7088+5.094%Reya0.7088+5.101%Orderly0.7089+5.116%Deribit0.7089+5.116%Variational Omni0.7090+5.125%Aster0.7093+5.175%SunX0.7093+5.175%Polymarket Perps0.7094+5.184%GMX0.7094+5.186%gTrade (Gains Network)0.7094+5.194%Kraken Futures0.7096+5.222%Pacifica0.7101+5.300%Phoenix0.7105+5.350%ApeX Omni0.7119+5.560%Coinbase International0.7131+5.738%
Injective
OKX
Bybit
Binance
BingX
BloFin
MEXC
Bitget
Backpack
Lighter
Hyperliquid
KuCoin
Gate
SoDEX
Extended
Aevo
Reya
Orderly
Deribit
Variational Omni
Aster
SunX
Polymarket Perps
GMX
gTrade (Gains Network)
Kraken Futures
Pacifica
Phoenix
ApeX 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 PERP | −5.169% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.585% | +0.0100% | 4h | $2.7M | $10.3M | 20x | as long as short |
| Bybit VIRTUALUSDT | −0.571% | +0.0100% | 4h | $15.6M | $15.9M | 50x | as long as short |
| Binance VIRTUALUSDT | −0.557% | +0.0100% | 4h | $16.4M | $37.1M | 75x | as long as short |
| BingX VIRTUAL-USDT | −0.557% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| BloFin VIRTUAL-USDT | −0.543% | +0.0340% | 4h | $827K | $789K | 75x | as long as short |
| MEXC VIRTUAL_USDT | −0.501% | +0.0100% | 4h | $16.0M | $4.1M | 100x | as long as short |
| Bitget VIRTUALUSDT | −0.487% | +0.0100% | 4h | $6.1M | $5.6M | 25x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.487% | +0.0100% | 1h | $232K | $178K | 10x | as long as short |
| Lighter VIRTUAL | −0.433% | −0.0072% | 1h | $322K | $412K | 5x | as long as short |