Spread before costs (cost unknown: a leg has no order-book sample)+5.620%
7d average+0.019%if it closes, per $10,000$562funding while held, a day+$1.35
| 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 | 5m 28s | $43 | $105K | 5.5x |
| Short | Polymarket Perps VIRTUAL-USD | 0.7123 | 0.0078 | get 0.0010% / 1h | 5m 28s | $31K | $794K | 5x |
Injective VIRTUAL/USDC PERP
Polymarket Perps 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
- $561.98
- Funding while held
- $1.35
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $555.31
- Spread needed to break even
- 0.080%
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 49 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0045%
- Per $10,000 a day
- +$1.35
- 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 Polymarket Perps live order book, 49 min ago | 2.63 bp | 6.7 bp −$7 | 7.4 bp −$74 | 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
Phoenix0.7111+5.442%
PhoenixLighter0.7116+5.515%
LighterBloFin0.7116+5.516%
BloFinExtended0.7116+5.522%
ExtendedReya0.7117+5.525%
ReyaApeX Omni0.7117+5.531%
ApeX OmniGate0.7118+5.546%
GateMEXC0.7118+5.546%
MEXCPacifica0.7118+5.549%
PacificaBingX0.7119+5.560%
BingXSoDEX0.7119+5.560%
SoDEXBinance0.7120+5.575%
BinanceOKX0.7120+5.575%
OKXGMX0.7120+5.579%
GMXBybit0.7121+5.590%
BybitKuCoin0.7121+5.590%
KuCoinBitget0.7121+5.590%
BitgetBackpack0.7122+5.605%
BackpackgTrade (Gains Network)0.7122+5.605%
gTrade (Gains Network)SunX0.7122+5.605%
SunXPolymarket Perps0.7123+5.620%
Orderly0.7123+5.620%
OrderlyAster0.7124+5.635%
AsterDeribit0.7125+5.649%
DeribitAevo0.7126+5.663%
AevoCoinbase International0.7126+5.664%
Coinbase InternationalHyperliquid0.7129+5.710%
HyperliquidVariational Omni0.7130+5.726%
Variational OmniKraken Futures0.7136+5.813%
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 | $105K | 5.5x | |
| edgeX VIRTUALUSDC | +5.300% | +0.0100% | 4h | $18K | $254K | 10x | as long as short |
| Phoenix VIRTUAL | +5.442% | −0.0181% | 1h | $11K | $43K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | +5.501% | −0.0184% | 1h | $2K | $539 | 10x | as long as short |
| Lighter VIRTUAL | +5.515% | +0.0096% | 1h | $332K | $323K | 5x | as long as short |
| BloFin VIRTUAL-USDT | +5.516% | +0.0340% | 4h | $837K | $774K | 75x | as long as short |
| Extended VIRTUAL-USD | +5.522% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | +5.525% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +5.531% | +0.0100% | 1h | $40K | $242K | 50x | as long as short |
| Gate VIRTUAL_USDT | +5.546% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |