Spread before costs (cost unknown: a leg has no order-book sample)−0.054%
7d average—if it closes, per $10,000$5funding while held, a day−$4.38
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) VIRTUAL/USD | 0.7075 | L +0.0007% / S −0.0004% | pay 0.0001% / 1h | 0m 08s | $12K | — | 150x |
| Short | Reya VIRTUALRUSDPERP | 0.7071 | −0.0139 | pay 0.0017% / 1h | 0m 08s | $24 | — | 10x |
gTrade (Gains Network) VIRTUAL/USD
Reya VIRTUALRUSDPERPPrice 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
- −$5.43
- Funding while held
- −$4.38
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$25.81
- Spread needed to break even
- 0.160%
Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0146%
- Per $10,000 a day
- −$4.38
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Reya: 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.Injective0.6744cheapestBloFin0.7065+4.760%Lighter0.7067+4.786%OKX0.7067+4.789%SoDEX0.7067+4.797%Extended0.7068+4.803%Bybit0.7068+4.804%MEXC0.7069+4.819%Aevo0.7069+4.823%Binance0.7070+4.834%Gate0.7070+4.834%BingX0.7070+4.834%Variational Omni0.7071+4.842%
Injective
BloFin
Lighter
OKX
SoDEX
Extended
Bybit
MEXC
Aevo
Binance
Gate
BingX
Variational OmniReya0.7071+4.848%
01 Exchange0.7071+4.849%Orderly0.7071+4.849%Deribit0.7072+4.864%Pacifica0.7072+4.870%KuCoin0.7073+4.878%Bitget0.7074+4.893%
Orderly
Deribit
Pacifica
KuCoin
BitgetgTrade (Gains Network)0.7075+4.905%
Backpack0.7075+4.908%GMX0.7075+4.912%Aster0.7075+4.913%SunX0.7076+4.923%Polymarket Perps0.7077+4.933%Hyperliquid0.7079+4.966%ApeX Omni0.7080+4.982%Phoenix0.7080+4.982%edgeX0.7083+5.026%Kraken Futures0.7083+5.034%Coinbase International0.7090+5.130%
Backpack
GMX
Aster
SunX
Polymarket Perps
Hyperliquid
ApeX Omni
Phoenix
Kraken Futures
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 | −4.675% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| BloFin VIRTUAL-USDT | −0.138% | +0.0340% | 4h | $838K | $776K | 75x | as long as short |
| Lighter VIRTUAL | −0.113% | +0.0096% | 1h | $322K | $385K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.110% | +0.0100% | 4h | $2.8M | $10.3M | 20x | as long as short |
| SoDEX VIRTUAL-USD | −0.103% | +0.0100% | 1h | $202 | $8K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.097% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.096% | +0.0100% | 4h | $15.6M | $16.0M | 50x | as long as short |
| MEXC VIRTUAL_USDT | −0.082% | +0.0100% | 4h | $15.9M | $4.0M | 100x | as long as short |
| Aevo VIRTUAL-PERP | −0.078% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Binance VIRTUALUSDT | −0.068% | +0.0100% | 4h | $16.3M | $37.2M | 75x | as long as short |