Spread before costs (cost unknown: a leg has no order-book sample)+0.060%
7d average—if it closes, per $10,000$6funding while held, a day−$5.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX VIRTUAL/USD [WBTC.b-USDC] | 0.6966 | L +0.0295% / S −0.0228% | pay 0.0037% / 1h | 55m 41s | $29K | — | 100x |
| Short | Pacifica VIRTUAL | 0.6970 | 0.0100 | get 0.0013% / 1h | 55m 41s | $72K | $41K | 5x |
GMX VIRTUAL/USD [WBTC.b-USDC]
Pacifica 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
- $5.97
- Funding while held
- −$5.86
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$19.89
- Spread needed to break even
- 0.200%
Slippage unknown: GMX: no order-book sample; Pacifica: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0195%
- Per $10,000 a day
- −$5.86
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Pacifica no order-book sample | — | — | — | — | — |
GMX and Pacifica: 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.Injective0.6744cheapestSoDEX0.6959+3.195%Variational Omni0.6960+3.205%Aevo0.6961+3.218%Reya0.6962+3.232%Backpack0.6962+3.233%Aster0.6963+3.246%Orderly0.6963+3.247%Phoenix0.6964+3.258%Lighter0.6964+3.259%01 Exchange0.6964+3.262%Gate0.6964+3.262%Deribit0.6964+3.262%ApeX Omni0.6965+3.277%SunX0.6965+3.277%
Injective
SoDEX
Variational Omni
Aevo
Reya
Backpack
Aster
Orderly
Phoenix
Lighter
Gate
Deribit
ApeX Omni
SunXGMX0.6966+3.292%
Polymarket Perps0.6966+3.295%KuCoin0.6967+3.307%gTrade (Gains Network)0.6968+3.323%edgeX0.6969+3.332%Binance0.6969+3.336%Hyperliquid0.6970+3.350%
Polymarket Perps
KuCoin
gTrade (Gains Network)
Binance
HyperliquidPacifica0.6970+3.353%
Bybit0.6972+3.381%Kraken Futures0.6975+3.419%MEXC0.6976+3.440%BloFin0.6976+3.440%OKX0.6977+3.455%BingX0.6977+3.455%Extended0.6979+3.484%Coinbase International0.6979+3.485%Bitget0.6981+3.514%
Bybit
Kraken Futures
MEXC
BloFin
OKX
BingX
Extended
Coinbase International
BitgetVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −3.187% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| SoDEX VIRTUAL-USD | −0.093% | −0.0032% | 1h | $1K | $9K | 5x | as long as short |
| Variational Omni VIRTUAL | −0.084% | −0.0138% | 4h | $522K | $847K | — | as long as short |
| Aevo VIRTUAL-PERP | −0.071% | +0.0104% | 1h | $17K | $505 | 3x | as long as short |
| Reya VIRTUALRUSDPERP | −0.058% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.057% | +0.0095% | 1h | $229K | $172K | 10x | as long as short |
| Aster VIRTUALUSDT | −0.044% | +0.0100% | 4h | $178K | $60K | 20x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.043% | +0.0055% | 4h | $14K | $1.5M | 10x | as long as short |
| Phoenix VIRTUAL | −0.033% | −0.0138% | 1h | $11K | $48K | 5x | as long as short |
| Lighter VIRTUAL | −0.031% | −0.0560% | 1h | $316K | $389K | 5x | as long as short |