After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.003%7d average+0.043%fees + slippage, in and out−$44spread needed0.438%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended VIRTUAL-USD | 0.7096 | 0.0104 | pay 0.0013% / 1h | 26m 09s | $55K | $244K | 10x |
| Short | Lighter VIRTUAL | 0.7095 | −0.0072 | pay 0.0009% / 1h | 26m 09s | $322K | $412K | 5x |
Extended VIRTUAL-USD
Lighter VIRTUALPrice 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
- −$0.29
- Funding while held
- −$5.28
- Slippage, 4 orders
- −$38.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$49.34
- Spread needed to break even
- 0.438%
Slippage from Extended: live order book, 63 min ago; Lighter: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0176%
- Per $10,000 a day
- −$5.28
- 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 Extended live order book, 63 min ago | 2.50 bp | 15.1 bp −$15 | 111.7 bp −$1,117 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 2.61 bp | 6.8 bp −$7 | 54.9 bp −$549 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
InjectiveLighter0.7095+5.211%
SoDEX0.7096+5.212%
SoDEXExtended0.7096+5.214%
Aevo0.7097+5.234%Bybit0.7097+5.234%MEXC0.7097+5.234%Binance0.7098+5.249%OKX0.7098+5.249%Orderly0.7098+5.249%Gate0.7099+5.264%BingX0.7099+5.264%Deribit0.7100+5.279%Variational Omni0.7101+5.299%ApeX Omni0.7102+5.308%Reya0.7103+5.329%01 Exchange0.7104+5.338%Backpack0.7104+5.338%gTrade (Gains Network)0.7105+5.349%Phoenix0.7105+5.350%Pacifica0.7106+5.364%KuCoin0.7106+5.368%SunX0.7106+5.368%Bitget0.7107+5.383%GMX0.7107+5.388%Kraken Futures0.7108+5.401%Hyperliquid0.7109+5.415%Aster0.7110+5.432%Polymarket Perps0.7111+5.437%BloFin0.7113+5.472%edgeX0.7113+5.475%Coinbase International0.7131+5.738%
Aevo
Bybit
MEXC
Binance
OKX
Orderly
Gate
BingX
Deribit
Variational Omni
ApeX Omni
Reya
Backpack
gTrade (Gains Network)
Phoenix
Pacifica
KuCoin
SunX
Bitget
GMX
Kraken Futures
Hyperliquid
Aster
Polymarket Perps
BloFin
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 | −4.955% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Lighter VIRTUALshort | −0.003% | −0.0072% | 1h | $322K | $412K | 5x | |
| SoDEX VIRTUAL-USD | −0.001% | −0.0120% | 1h | $215 | $8K | 5x | as long as short |
| Extended VIRTUAL-USDlong | 0.000% | +0.0104% | 1h | $55K | $244K | 10x | |
| Aevo VIRTUAL-PERP | +0.019% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Bybit VIRTUALUSDT | +0.020% | +0.0100% | 4h | $15.7M | $15.9M | 50x | as long as short |
| MEXC VIRTUAL_USDT | +0.020% | +0.0100% | 4h | $16.0M | $4.1M | 100x | as long as short |
| Binance VIRTUALUSDT | +0.034% | +0.0100% | 4h | $16.5M | $37.1M | 75x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.034% | +0.0100% | 4h | $2.7M | $10.3M | 20x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.034% | +0.0061% | 4h | $14K | $1.5M | 10x | as long as short |