After costs, if the gap returns to its 7d average, $10k−$201
spread now−0.211%7d average+0.238%fees + slippage, in and out−$156spread needed1.556%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VIRTUAL_USDT | 0.7113 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $1.4M | $3.0M | 75x |
| Short | Coinbase International VIRTUAL-PERP-INTX | 0.7098 | 0.0400 | get 0.0050% / 1h | 8m 55s | $194K | $148K | 50x |
Gate VIRTUAL_USDT
Coinbase International VIRTUAL-PERP-INTXPrice 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
- −$21.09
- Funding while held
- $9
- Slippage, 4 orders
- −$130.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$167.7
- Spread needed to break even
- 1.556%
Slippage from Gate: live order book, 6 min ago; Coinbase International: live order book, 45 min ago.
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 Gate live order book, 6 min ago | 2.12 bp | 16.9 bp −$17 | 79.2 bp −$792 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 45 min ago | 7.82 bp | 57.8 bp −$58 | 638.0 bp −$6,380 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
edgeX0.7072+4.856%Variational Omni0.7084+5.041%ApeX Omni0.7091+5.145%Phoenix0.7096+5.224%
Injective
Variational Omni
ApeX Omni
PhoenixCoinbase International0.7098+5.249%
Pacifica0.7100+5.286%SunX0.7105+5.353%Extended0.7105+5.354%BloFin0.7106+5.368%Aevo0.7107+5.387%SoDEX0.7108+5.393%Orderly0.7108+5.397%Deribit0.7108+5.397%01 Exchange0.7109+5.412%Lighter0.7109+5.415%MEXC0.7110+5.427%Reya0.7111+5.441%Aster0.7112+5.457%Bybit0.7112+5.457%KuCoin0.7112+5.457%BingX0.7112+5.457%Binance0.7113+5.472%
Pacifica
SunX
Extended
BloFin
Aevo
SoDEX
Orderly
Deribit
Lighter
MEXC
Reya
Aster
Bybit
KuCoin
BingX
BinanceGate0.7113+5.472%
Bitget0.7113+5.472%gTrade (Gains Network)0.7114+5.479%OKX0.7114+5.486%Backpack0.7115+5.501%GMX0.7115+5.506%Polymarket Perps0.7115+5.507%Kraken Futures0.7120+5.579%Hyperliquid0.7120+5.581%
Bitget
gTrade (Gains Network)
OKX
Backpack
GMX
Polymarket Perps
Kraken Futures
HyperliquidVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −5.188% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| edgeX VIRTUALUSDC | −0.583% | +0.0100% | 4h | $18K | $253K | 10x | as long as short |
| Variational Omni VIRTUAL | −0.408% | −0.0026% | 4h | $595K | $781K | — | as long as short |
| ApeX Omni VIRTUALUSDT | −0.309% | +0.0100% | 1h | $40K | $242K | 50x | as long as short |
| Phoenix VIRTUAL | −0.235% | −0.0181% | 1h | $11K | $43K | 5x | as long as short |
| Coinbase International VIRTUAL-PERP-INTXshort | −0.211% | +0.0400% | 1h | $194K | $148K | 50x | |
| Pacifica VIRTUAL | −0.176% | +0.0100% | 1h | $72K | $39K | 5x | as long as short |
| SunX VIRTUAL-USDT | −0.112% | +0.0100% | 4h | $2K | $1.2M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.111% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| BloFin VIRTUAL-USDT | −0.098% | +0.0340% | 4h | $842K | $769K | 75x | as long as short |