Spread before costs (cost unknown: a leg has no order-book sample)+5.421%
7d average—if it closes, per $10,000$542funding while held, a day−$2.68
| 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 | 27m 56s | $43 | $28K | 5.5x |
| Short | Lighter VIRTUAL | 0.7110 | −0.0056 | pay 0.0007% / 1h | 27m 56s | $323K | $412K | 5x |
Injective VIRTUAL/USDC PERP
Lighter 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
- $542.11
- Funding while held
- −$2.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $539.41
- Spread needed to break even
- 0.000%
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0089%
- Per $10,000 a day
- −$2.68
- 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 Lighter live order book, 9 min ago | 2.61 bp | 6.8 bp −$7 | 54.9 bp −$549 | doesn't fit | doesn't fit |
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
Phoenix0.7092+5.165%
PhoenixVariational Omni0.7101+5.299%
Variational OmniBloFin0.7104+5.338%
BloFinBybit0.7106+5.368%
BybitExtended0.7107+5.378%
ExtendedOKX0.7107+5.383%
OKXSoDEX0.7108+5.391%
SoDEXBinance0.7109+5.415%
BinanceLighter0.7110+5.421%
BingX0.7110+5.427%
BingXPacifica0.7110+5.431%
PacificaAevo0.7111+5.443%
AevoGate0.7112+5.457%
GateMEXC0.7112+5.457%
MEXCReya0.7112+5.458%
ReyaOrderly0.7113+5.472%
OrderlyBitget0.7115+5.501%
BitgetSunX0.7115+5.501%
SunXDeribit0.7115+5.501%
DeribitPolymarket Perps0.7118+5.541%
Polymarket PerpsKuCoin0.7118+5.546%
KuCoinBackpack0.7118+5.546%
BackpackAster0.7118+5.547%
AsterHyperliquid0.7120+5.571%
HyperliquidApeX Omni0.7120+5.575%
ApeX OmnigTrade (Gains Network)0.7122+5.601%
gTrade (Gains Network)GMX0.7122+5.604%
GMXKraken Futures0.7124+5.641%
Kraken FuturesCoinbase International0.7131+5.738%
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 PERPlong | 0.000% | +0.0033% | 1h | $43 | $28K | 5.5x | |
| Phoenix VIRTUAL | +5.165% | −0.0090% | 1h | $11K | $46K | 5x | as long as short |
| Variational Omni VIRTUAL | +5.299% | +0.0038% | 4h | $599K | $803K | — | as long as short |
| BloFin VIRTUAL-USDT | +5.338% | +0.0340% | 4h | $828K | $792K | 75x | as long as short |
| Bybit VIRTUALUSDT | +5.368% | +0.0100% | 4h | $15.7M | $16.0M | 50x | as long as short |
| Extended VIRTUAL-USD | +5.378% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +5.383% | +0.0100% | 4h | $2.8M | $10.3M | 20x | as long as short |
| SoDEX VIRTUAL-USD | +5.391% | −0.0094% | 1h | $212 | $8K | 5x | as long as short |
| Binance VIRTUALUSDT | +5.415% | +0.0100% | 4h | $16.5M | $37.2M | 75x | as long as short |
| Lighter VIRTUALshort | +5.421% | −0.0056% | 1h | $323K | $412K | 5x |