Spread before costs (cost unknown: a leg has no order-book sample)+0.014%
7d average—if it closes, per $10,000$1funding while held, a day−$7.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VIRTUAL_USDT | 0.7016 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.4M | $3.1M | 75x |
| Short | 01 Exchange VIRTUALUSD | 0.7017 | −0.0136 | pay 0.0017% / 1h | 17m 08s | $2K | $131 | 10x |
Gate VIRTUAL_USDTPrice 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
- $1.43
- Funding while held
- −$7.08
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$27.65
- Spread needed to break even
- 0.220%
Slippage unknown: Gate: live order book, 2 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0236%
- Per $10,000 a day
- −$7.08
- 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, 2 min ago | 2.14 bp | 22.5 bp −$23 | 89.2 bp −$892 | 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.Variational Omni0.6970cheapestedgeX0.6983+0.188%Phoenix0.6988+0.260%Injective0.6992+0.319%Pacifica0.7011+0.598%Lighter0.7012+0.605%ApeX Omni0.7014+0.635%Reya0.7016+0.660%
Variational Omni
Phoenix
Injective
Pacifica
Lighter
ApeX Omni
ReyaGate0.7016+0.664%
BloFin0.7016+0.664%Extended0.7016+0.667%Aevo0.7017+0.674%MEXC0.7017+0.678%Bybit0.7018+0.692%Orderly0.7018+0.692%OKX0.7019+0.707%Deribit0.7019+0.707%Polymarket Perps0.7019+0.708%GMX0.7020+0.715%Aster0.7020+0.719%gTrade (Gains Network)0.7020+0.719%KuCoin0.7020+0.721%BingX0.7020+0.721%SunX0.7020+0.721%SoDEX0.7020+0.728%Binance0.7021+0.735%Bitget0.7022+0.750%Backpack0.7024+0.778%Kraken Futures0.7027+0.824%Hyperliquid0.7029+0.847%Coinbase International0.7033+0.908%
BloFin
Extended
Aevo
MEXC
Bybit
Orderly
OKX
Deribit
Polymarket Perps
GMX
Aster
gTrade (Gains Network)
KuCoin
BingX
SunX
SoDEX
Binance
Bitget
Backpack
Kraken Futures
Hyperliquid
Coinbase InternationalVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VIRTUAL | −0.659% | −0.0133% | 4h | $525K | $847K | — | as long as short |
| edgeX VIRTUALUSDC | −0.473% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| Phoenix VIRTUAL | −0.401% | −0.0138% | 1h | $11K | $48K | 5x | as long as short |
| Injective VIRTUAL/USDC PERP | −0.342% | +0.0033% | 1h | $45 | $56K | 5.5x | as long as short |
| Pacifica VIRTUAL | −0.065% | +0.0100% | 1h | $72K | $40K | 5x | as long as short |
| Lighter VIRTUAL | −0.058% | −0.0168% | 1h | $319K | $389K | 5x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.029% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Reya VIRTUALRUSDPERP | −0.004% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Gate VIRTUAL_USDTlong | 0.000% | +0.0100% | 4h | $1.4M | $3.1M | 75x | |
| BloFin VIRTUAL-USDT | 0.000% | +0.0340% | 4h | $813K | $766K | 75x | as long as short |