After costs, if the gap returns to its 7d average, $10k−$74
spread now−0.068%7d average−0.039%fees + slippage, in and out−$71spread needed0.714%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid VIRTUAL | 0.7044 | 0.0100 | pay 0.0013% / 1h | 16m 44s | $8.9M | $3.6M | 5x |
| Short | KuCoin VIRTUALUSDTM | 0.7039 | 0.0100 | get 0.0050% / 4h | 16m 44s | $3.0M | $4.3M | 50x |
Hyperliquid VIRTUAL
KuCoin VIRTUALUSDTMPrice 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
- −$6.81
- Funding while held
- $0
- Slippage, 4 orders
- −$50.36
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$78.18
- Spread needed to break even
- 0.714%
Slippage from Hyperliquid: live order book, 7 min ago; KuCoin: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Hyperliquid live order book, 7 min ago | 1.35 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 1.43 bp | 17.4 bp −$17 | 47.2 bp −$472 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.7001+3.809%edgeX0.7011+3.959%Phoenix0.7025+4.168%SoDEX0.7030+4.248%BloFin0.7032+4.270%Aevo0.7033+4.283%Orderly0.7033+4.285%Deribit0.7033+4.285%Reya0.7033+4.292%SunX0.7035+4.315%01 Exchange0.7036+4.330%GMX0.7037+4.339%Lighter0.7037+4.349%gTrade (Gains Network)0.7038+4.353%Extended0.7038+4.354%Gate0.7038+4.359%MEXC0.7038+4.359%BingX0.7038+4.359%Bybit0.7039+4.374%OKX0.7039+4.374%
Injective
Variational Omni
Phoenix
SoDEX
BloFin
Aevo
Orderly
Deribit
Reya
SunX
GMX
Lighter
gTrade (Gains Network)
Extended
Gate
MEXC
BingX
Bybit
OKXKuCoin0.7039+4.374%
Binance0.7040+4.387%Pacifica0.7040+4.387%Polymarket Perps0.7040+4.397%Bitget0.7041+4.404%Backpack0.7041+4.404%Aster0.7042+4.417%ApeX Omni0.7042+4.419%
Binance
Pacifica
Polymarket Perps
Bitget
Backpack
Aster
ApeX OmniHyperliquid0.7044+4.445%
Kraken Futures0.7047+4.486%Coinbase International0.7055+4.612%
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 | −4.256% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.609% | −0.0031% | 4h | $591K | $801K | — | as long as short |
| edgeX VIRTUALUSDC | −0.466% | +0.0100% | 4h | $18K | $255K | 10x | as long as short |
| Phoenix VIRTUAL | −0.265% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| SoDEX VIRTUAL-USD | −0.189% | +0.0100% | 1h | $204 | $8K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −0.168% | +0.0340% | 4h | $839K | $778K | 75x | as long as short |
| Aevo VIRTUAL-PERP | −0.156% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.153% | +0.0065% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.153% | −0.0176% | 1h | $25K | $30K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.147% | −0.0139% | 1h | $24 | — | 10x | as long as short |