After costs, if the gap returns to its 7d average, $10k−$51
spread now−0.115%7d average−0.119%fees + slippage, in and out−$51spread needed0.511%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_VIRTUALUSD | 0.7005 | 0.0145 | pay 0.0018% / 1h | 27m 27s | $513K | $497K | 50x |
| Short | edgeX VIRTUALUSDC | 0.6997 | 0.0100 | get 0.0050% / 4h | 1h 27m | $18K | $255K | 10x |
Kraken Futures PF_VIRTUALUSDPrice 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
- −$11.49
- Funding while held
- −$1.35
- Slippage, 4 orders
- −$32.1
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$63.94
- Spread needed to break even
- 0.511%
Slippage from Kraken Futures: live order book, 7 min ago; edgeX: live order book, 6 min ago.
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 Kraken Futures live order book, 7 min ago | 6.43 bp | 17.1 bp −$17 | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 6 min ago | 2.86 bp | 8.6 bp −$9 | 42.0 bp −$420 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestLighter0.6986+3.594%Bybit0.6987+3.603%Variational Omni0.6989+3.630%Extended0.6989+3.635%Binance0.6990+3.648%01 Exchange0.6990+3.648%MEXC0.6990+3.648%OKX0.6991+3.663%Gate0.6991+3.663%BingX0.6991+3.663%Reya0.6992+3.682%KuCoin0.6993+3.692%Bitget0.6993+3.692%SoDEX0.6994+3.703%Pacifica0.6994+3.714%Aster0.6995+3.718%Aevo0.6995+3.724%Phoenix0.6996+3.734%Backpack0.6996+3.737%Orderly0.6996+3.737%Polymarket Perps0.6996+3.740%ApeX Omni0.6997+3.751%Deribit0.6997+3.751%gTrade (Gains Network)0.6998+3.761%BloFin0.6998+3.766%GMX0.6998+3.768%SunX0.6999+3.781%Hyperliquid0.7001+3.809%
Injective
Lighter
Bybit
Variational Omni
Extended
Binance
MEXC
OKX
Gate
BingX
Reya
KuCoin
Bitget
SoDEX
Pacifica
Aster
Aevo
Phoenix
Backpack
Orderly
Polymarket Perps
ApeX Omni
Deribit
gTrade (Gains Network)
BloFin
GMX
SunX
HyperliquidKraken Futures0.7005+3.863%
Coinbase International0.7033+4.285%
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 | −3.720% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Lighter VIRTUAL | −0.259% | −0.0240% | 1h | $317K | $389K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.251% | −0.0172% | 4h | $15.2M | $15.4M | 50x | as long as short |
| Variational Omni VIRTUAL | −0.225% | −0.0160% | 4h | $526K | $847K | — | as long as short |
| Extended VIRTUAL-USD | −0.220% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| Binance VIRTUALUSDT | −0.208% | +0.0100% | 4h | $15.8M | $35.7M | 75x | as long as short |
| 01 Exchange VIRTUALUSD | −0.208% | −0.0152% | 1h | $2K | $131 | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.208% | +0.0100% | 4h | $15.9M | $3.9M | 100x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.193% | +0.0100% | 4h | $2.7M | $9.5M | 20x | as long as short |
| Gate VIRTUAL_USDT | −0.193% | +0.0068% | 4h | $1.4M | $3.1M | 75x | as long as short |