Spread before costs (cost unknown: a leg has no order-book sample)−0.140%
7d average—if it closes, per $10,000$14funding while held, a day−$14.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX VIRTUAL/USD [WBTC.b-USDC] | 0.7060 | L +0.0297% / S −0.0228% | pay 0.0037% / 1h | 13m 42s | $30K | — | 100x |
| Short | SoDEX VIRTUAL-USD | 0.7050 | −0.0176 | pay 0.0022% / 1h | 13m 42s | $406 | $8K | 5x |
GMX VIRTUAL/USD [WBTC.b-USDC]
SoDEX 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
- −$14
- Funding while held
- −$14.17
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$48.16
- Spread needed to break even
- 0.200%
Slippage unknown: GMX: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0472%
- Per $10,000 a day
- −$14.17
- 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 SoDEX no order-book sample | — | — | — | — | — |
GMX and SoDEX: 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.Injective0.6744cheapestedgeX0.7029+4.228%Bybit0.7042+4.419%OKX0.7044+4.448%Lighter0.7046+4.477%MEXC0.7046+4.478%ApeX Omni0.7047+4.493%Variational Omni0.7048+4.506%BingX0.7048+4.508%Phoenix0.7048+4.508%BloFin0.7048+4.508%Extended0.7048+4.509%Binance0.7049+4.516%Gate0.7049+4.523%
Injective
Bybit
OKX
Lighter
MEXC
ApeX Omni
Variational Omni
BingX
Phoenix
BloFin
Extended
Binance
GateSoDEX0.7050+4.533%
KuCoin0.7051+4.552%Aster0.7052+4.561%Aevo0.7053+4.577%Bitget0.7053+4.582%Pacifica0.7054+4.593%SunX0.7054+4.597%Reya0.7054+4.600%Orderly0.7055+4.612%Backpack0.7056+4.626%Deribit0.7056+4.626%Hyperliquid0.7057+4.643%
KuCoin
Aster
Aevo
Bitget
Pacifica
SunX
Reya
Orderly
Backpack
Deribit
HyperliquidGMX0.7060+4.679%
Polymarket Perps0.7060+4.683%gTrade (Gains Network)0.7061+4.698%01 Exchange0.7061+4.700%Kraken Futures0.7064+4.752%Coinbase International0.7075+4.908%
Polymarket Perps
gTrade (Gains Network)
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 | −4.470% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| edgeX VIRTUALUSDC | −0.431% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.249% | −0.0015% | 4h | $15.5M | $15.8M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.221% | +0.0100% | 4h | $2.7M | $10.2M | 20x | as long as short |
| Lighter VIRTUAL | −0.194% | −0.0152% | 1h | $320K | $412K | 5x | as long as short |
| MEXC VIRTUAL_USDT | −0.192% | +0.0100% | 4h | $15.8M | $4.1M | 100x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.178% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Variational Omni VIRTUAL | −0.166% | +0.0010% | 4h | $574K | $823K | — | as long as short |
| BingX VIRTUAL-USDT | −0.164% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Phoenix VIRTUAL | −0.164% | −0.0090% | 1h | $11K | $46K | 5x | as long as short |