Spread before costs (cost unknown: a leg has no order-book sample)−0.167%
7d average—if it closes, per $10,000$17funding while held, a day−$20.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_VIRTUALUSD | 0.7117 | 0.0768 | pay 0.0096% / 1h | 47m 25s | $520K | $632K | 50x |
| Short | SoDEX VIRTUAL-USD | 0.7105 | 0.0100 | get 0.0013% / 1h | 47m 25s | $206 | $8K | 5x |
Kraken Futures PF_VIRTUALUSD
SoDEX 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
- −$16.68
- Funding while held
- −$20.04
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$54.72
- Spread needed to break even
- 0.180%
Slippage unknown: Kraken Futures: live order book, 62 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0668%
- Per $10,000 a day
- −$20.04
- 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, 62 min ago | 6.30 bp | 19.7 bp −$20 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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
Variational Omni0.7076+4.924%BloFin0.7082+5.012%ApeX Omni0.7083+5.027%edgeX0.7084+5.037%Phoenix0.7087+5.089%Reya0.7090+5.131%OKX0.7091+5.145%BingX0.7092+5.160%Binance0.7093+5.175%Bybit0.7093+5.175%01 Exchange0.7094+5.190%MEXC0.7094+5.190%Gate0.7095+5.205%Orderly0.7095+5.205%Extended0.7096+5.222%GMX0.7097+5.227%gTrade (Gains Network)0.7097+5.231%Coinbase International0.7097+5.234%Bitget0.7098+5.249%Aevo0.7099+5.258%Hyperliquid0.7100+5.274%KuCoin0.7100+5.279%Lighter0.7101+5.288%Polymarket Perps0.7101+5.294%Aster0.7103+5.319%SunX0.7104+5.338%
Injective
Variational Omni
BloFin
ApeX Omni
Phoenix
Reya
OKX
BingX
Binance
Bybit
MEXC
Gate
Orderly
Extended
GMX
gTrade (Gains Network)
Coinbase International
Bitget
Aevo
Hyperliquid
KuCoin
Lighter
Polymarket Perps
Aster
SunXSoDEX0.7105+5.351%
Pacifica0.7105+5.359%Deribit0.7106+5.368%Backpack0.7113+5.472%
Pacifica
Deribit
BackpackKraken Futures0.7117+5.527%
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 | −5.238% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.571% | +0.0041% | 4h | $595K | $801K | — | as long as short |
| BloFin VIRTUAL-USDT | −0.489% | +0.0340% | 4h | $832K | $785K | 75x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.474% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| edgeX VIRTUALUSDC | −0.465% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| Phoenix VIRTUAL | −0.415% | −0.0090% | 1h | $11K | $46K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.376% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.362% | +0.0100% | 4h | $2.8M | $10.3M | 20x | as long as short |
| BingX VIRTUAL-USDT | −0.348% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Binance VIRTUALUSDT | −0.334% | +0.0100% | 4h | $16.4M | $37.3M | 75x | as long as short |