Spread before costs (cost unknown: a leg has no order-book sample)−0.160%
7d average—if it closes, per $10,000$16funding while held, a day−$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VIRTUAL_USDT | 0.7065 | 0.0100 | pay 0.0050% / 4h | 14m 33s | $1.4M | $3.1M | 75x |
| Short | gTrade (Gains Network) VIRTUAL/USD | 0.7054 | L +0.0007% / S −0.0004% | get 0.0001% / 1h | 14m 33s | $12K | — | 150x |
Gate VIRTUAL_USDT
gTrade (Gains Network) VIRTUAL/USDPrice 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
- −$15.98
- Funding while held
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$43.86
- Spread needed to break even
- 0.250%
Slippage unknown: Gate: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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, 5 min ago | 2.84 bp | 20.9 bp −$21 | 82.9 bp −$829 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Injective0.6744cheapestPhoenix0.7025+4.168%edgeX0.7033+4.292%Variational Omni0.7035+4.313%ApeX Omni0.7042+4.419%Aevo0.7050+4.530%Orderly0.7050+4.537%Deribit0.7052+4.567%BloFin0.7052+4.567%
Injective
Phoenix
Variational Omni
ApeX Omni
Aevo
Orderly
Deribit
BloFingTrade (Gains Network)0.7054+4.592%
GMX0.7055+4.609%SoDEX0.7055+4.612%Coinbase International0.7055+4.612%SunX0.7056+4.626%Lighter0.7059+4.666%OKX0.7061+4.700%Backpack0.7061+4.700%Aster0.7063+4.730%KuCoin0.7063+4.730%BingX0.7063+4.730%Kraken Futures0.7064+4.740%MEXC0.7064+4.745%Extended0.7064+4.749%Bybit0.7065+4.760%01 Exchange0.7065+4.760%
GMX
SoDEX
Coinbase International
SunX
Lighter
OKX
Backpack
Aster
KuCoin
BingX
Kraken Futures
MEXC
Extended
BybitGate0.7065+4.760%
Binance0.7066+4.780%Reya0.7067+4.788%Pacifica0.7067+4.789%Bitget0.7070+4.834%Polymarket Perps0.7071+4.850%Hyperliquid0.7073+4.872%
Binance
Reya
Pacifica
Bitget
Polymarket Perps
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 | −4.544% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.565% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.446% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| Variational Omni VIRTUAL | −0.426% | −0.0022% | 4h | $592K | $801K | — | as long as short |
| ApeX Omni VIRTUALUSDT | −0.326% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Aevo VIRTUAL-PERP | −0.219% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.212% | +0.0065% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.184% | 0.0000% | 1h | $25K | $30K | 10x | as long as short |
| BloFin VIRTUAL-USDT | −0.184% | +0.0340% | 4h | $838K | $777K | 75x | as long as short |
| gTrade (Gains Network) VIRTUAL/USDshort | −0.160% | L +0.0007% / S −0.0004% | 1h | $12K | — | 150x |