Spread before costs (cost unknown: a leg has no order-book sample)+3.247%
7d average—if it closes, per $10,000$325funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective VIRTUAL/USDC PERP | 0.6744 | 0.0033 | pay 0.0004% / 1h | 56m 34s | $43 | $28K | 5.5x |
| Short | BingX VIRTUAL-USDT | 0.6963 | 0.0100 | get 0.0050% / 4h | 1h 56m | — | $8.2M | — |
Injective VIRTUAL/USDC PERP
BingX 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
- $324.73
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $316.71
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; BingX: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 1.43 bp | 6.4 bp −$6 | 12.3 bp −$123 | 27.7 bp −$2,768 | 77.6 bp −$38.8K |
Injective: 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.Injective0.6744cheapest
Lighter0.6959+3.190%OKX0.6960+3.203%Variational Omni0.6960+3.205%Bybit0.6962+3.233%Extended0.6962+3.234%Binance0.6962+3.235%MEXC0.6963+3.247%
Lighter
OKX
Variational Omni
Bybit
Extended
Binance
MEXCBingX0.6963+3.247%
Phoenix0.6964+3.258%01 Exchange0.6964+3.262%ApeX Omni0.6965+3.277%Gate0.6967+3.307%Pacifica0.6968+3.329%edgeX0.6969+3.332%Bitget0.6970+3.351%Hyperliquid0.6970+3.354%Aevo0.6972+3.378%KuCoin0.6972+3.381%SoDEX0.6973+3.388%Reya0.6973+3.395%Orderly0.6974+3.410%Deribit0.6975+3.425%Aster0.6976+3.435%Backpack0.6976+3.440%SunX0.6976+3.440%BloFin0.6976+3.440%GMX0.6976+3.446%Polymarket Perps0.6977+3.452%gTrade (Gains Network)0.6977+3.455%Coinbase International0.6979+3.485%Kraken Futures0.6987+3.597%
Phoenix
ApeX Omni
Gate
Pacifica
Bitget
Hyperliquid
Aevo
KuCoin
SoDEX
Reya
Orderly
Deribit
Aster
Backpack
SunX
BloFin
GMX
Polymarket Perps
gTrade (Gains Network)
Coinbase International
Kraken FuturesVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERPlong | 0.000% | +0.0033% | 1h | $43 | $28K | 5.5x | |
| Lighter VIRTUAL | +3.190% | −0.0496% | 1h | $316K | $389K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +3.203% | +0.0100% | 4h | $2.7M | $9.6M | 20x | as long as short |
| Variational Omni VIRTUAL | +3.205% | −0.0138% | 4h | $522K | $847K | — | as long as short |
| Bybit VIRTUALUSDT | +3.233% | −0.0219% | 4h | $15.1M | $15.5M | 50x | as long as short |
| Extended VIRTUAL-USD | +3.234% | +0.0104% | 1h | $54K | $243K | 10x | as long as short |
| Binance VIRTUALUSDT | +3.235% | +0.0100% | 4h | $15.7M | $36.0M | 75x | as long as short |
| MEXC VIRTUAL_USDT | +3.247% | +0.0100% | 4h | $15.8M | $3.8M | 100x | as long as short |
| BingX VIRTUAL-USDTshort | +3.247% | +0.0100% | 4h | — | $8.2M | — | |
| Phoenix VIRTUAL | +3.258% | −0.0138% | 1h | $11K | $48K | 5x | as long as short |