Spread before costs (cost unknown: a leg has no order-book sample)−0.101%
7d average—if it closes, per $10,000$10funding while held, a day−$5.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_VIRTUALUSD | 0.7019 | 0.0189 | pay 0.0024% / 1h | 13m 32s | $512K | $545K | 50x |
| Short | gTrade (Gains Network) VIRTUAL/USD | 0.7012 | L +0.0007% / S −0.0004% | get 0.0000% / 1h | 13m 32s | $12K | — | 150x |
Kraken Futures PF_VIRTUALUSD
gTrade (Gains Network) 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
- −$10.12
- Funding while held
- −$5.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$35.69
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: live order book, 26 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0186%
- Per $10,000 a day
- −$5.57
- 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, 26 min ago | 7.82 bp | 21.1 bp −$21 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Injective0.6744cheapestBybit0.6989+3.633%OKX0.6991+3.663%Lighter0.6994+3.704%Binance0.6995+3.722%01 Exchange0.6995+3.722%Extended0.6996+3.733%MEXC0.6996+3.737%BingX0.6997+3.751%Gate0.6998+3.766%KuCoin0.7000+3.796%Bitget0.7000+3.796%Pacifica0.7001+3.811%Aster0.7001+3.818%SoDEX0.7005+3.870%Hyperliquid0.7006+3.878%Reya0.7008+3.907%Aevo0.7009+3.929%Backpack0.7009+3.929%Orderly0.7009+3.929%Deribit0.7009+3.929%GMX0.7011+3.957%SunX0.7011+3.959%Variational Omni0.7012+3.975%
Injective
Bybit
OKX
Lighter
Binance
Extended
MEXC
BingX
Gate
KuCoin
Bitget
Pacifica
Aster
SoDEX
Hyperliquid
Reya
Aevo
Backpack
Orderly
Deribit
GMX
SunX
Variational OmnigTrade (Gains Network)0.7012+3.976%
edgeX0.7013+3.986%Phoenix0.7013+3.990%Polymarket Perps0.7013+3.995%BloFin0.7014+4.004%ApeX Omni0.7017+4.048%
Phoenix
Polymarket Perps
BloFin
ApeX OmniKraken Futures0.7019+4.081%
Coinbase International0.7113+5.472%
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 | −3.921% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.431% | −0.0217% | 4h | $15.3M | $15.3M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.402% | +0.0100% | 4h | $2.7M | $9.7M | 20x | as long as short |
| Lighter VIRTUAL | −0.363% | −0.0096% | 1h | $318K | $389K | 5x | as long as short |
| Binance VIRTUALUSDT | −0.345% | +0.0100% | 4h | $16.0M | $35.6M | 75x | as long as short |
| 01 Exchange VIRTUALUSD | −0.345% | −0.0168% | 1h | $2K | $131 | 10x | as long as short |
| Extended VIRTUAL-USD | −0.334% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.331% | +0.0100% | 4h | $16.0M | $4.0M | 100x | as long as short |
| BingX VIRTUAL-USDT | −0.317% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Gate VIRTUAL_USDT | −0.303% | +0.0042% | 4h | $1.4M | $3.1M | 75x | as long as short |