After costs, if the gap returns to its 7d average, $10k−$66
spread now−0.106%7d average−0.046%fees + slippage, in and out−$60spread needed0.602%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_VIRTUALUSD | 0.7076 | 0.0353 | pay 0.0044% / 1h | 13m 12s | $515K | $624K | 50x |
| Short | Bitget VIRTUALUSDT | 0.7069 | 0.0100 | get 0.0050% / 4h | 13m 12s | $6.0M | $5.7M | 25x |
Kraken Futures PF_VIRTUALUSD
Bitget VIRTUALUSDTPrice 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
- −$10.56
- Funding while held
- −$7.6
- Slippage, 4 orders
- −$38.18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$78.35
- Spread needed to break even
- 0.602%
Slippage from Kraken Futures: live order book, 36 min ago; Bitget: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0253%
- Per $10,000 a day
- −$7.60
- 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 Kraken Futures live order book, 36 min ago | 6.30 bp | 19.7 bp −$20 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.12 bp | 13.5 bp −$14 | 31.0 bp −$310 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.7035+4.313%edgeX0.7045+4.469%ApeX Omni0.7047+4.493%Phoenix0.7057+4.641%Lighter0.7064+4.739%Reya0.7064+4.743%Extended0.7064+4.744%Aevo0.7065+4.755%Binance0.7065+4.760%Bybit0.7065+4.760%Gate0.7065+4.760%MEXC0.7065+4.760%BingX0.7065+4.760%SoDEX0.7066+4.770%OKX0.7066+4.775%BloFin0.7066+4.775%01 Exchange0.7067+4.789%Deribit0.7067+4.789%KuCoin0.7068+4.804%Orderly0.7068+4.804%Aster0.7068+4.807%GMX0.7069+4.814%Pacifica0.7069+4.819%
Injective
Variational Omni
ApeX Omni
Phoenix
Lighter
Reya
Extended
Aevo
Binance
Bybit
Gate
MEXC
BingX
SoDEX
OKX
BloFin
Deribit
KuCoin
Orderly
Aster
GMX
PacificaBitget0.7069+4.819%
SunX0.7069+4.819%Coinbase International0.7069+4.819%Backpack0.7070+4.834%Polymarket Perps0.7070+4.835%gTrade (Gains Network)0.7070+4.838%Hyperliquid0.7073+4.884%
SunX
Coinbase International
Backpack
Polymarket Perps
gTrade (Gains Network)
HyperliquidKraken Futures0.7076+4.930%
VIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.698% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.587% | −0.0022% | 4h | $592K | $801K | — | as long as short |
| edgeX VIRTUALUSDC | −0.439% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.417% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Phoenix VIRTUAL | −0.275% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| Lighter VIRTUAL | −0.182% | +0.0096% | 1h | $323K | $365K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.178% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Extended VIRTUAL-USD | −0.177% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.167% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Binance VIRTUALUSDT | −0.162% | +0.0100% | 4h | $16.3M | $37.3M | 75x | as long as short |