Spread before costs (cost unknown: a leg has no order-book sample)+0.039%
7d average−0.103%if it closes, per $10,000$4funding while held, a day−$8.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_VIRTUALUSD | 0.7014 | 0.0145 | pay 0.0018% / 1h | 36m 23s | $514K | $520K | 50x |
| Short | Variational Omni VIRTUAL | 0.7017 | −0.0129 | pay 0.0065% / 4h | 1h 36m | $527K | $847K | — |
Kraken Futures PF_VIRTUALUSD
Variational Omni VIRTUALPrice 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
- $3.94
- Funding while held
- −$8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$14.28
- Spread needed to break even
- 0.100%
Slippage unknown: Kraken Futures: live order book, 63 min ago; Variational Omni: RFQ quote, 64 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0274%
- Per $10,000 a day
- −$8.22
- 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, 63 min ago | 7.82 bp | 21.1 bp −$21 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 64 min ago | 4.28 bp | doesn't fit | 17.1 bp −$171 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestLighter0.6997+3.757%Bybit0.6998+3.766%BingX0.7000+3.796%OKX0.7001+3.811%Gate0.7001+3.811%BloFin0.7001+3.811%Reya0.7001+3.815%Binance0.7002+3.826%01 Exchange0.7002+3.826%Extended0.7002+3.826%Aevo0.7002+3.832%Orderly0.7003+3.840%Deribit0.7003+3.840%SoDEX0.7004+3.848%GMX0.7004+3.852%Bitget0.7004+3.855%Polymarket Perps0.7005+3.870%Aster0.7005+3.876%Pacifica0.7006+3.881%gTrade (Gains Network)0.7006+3.882%Backpack0.7006+3.885%SunX0.7006+3.885%Phoenix0.7008+3.913%KuCoin0.7008+3.915%MEXC0.7009+3.929%Hyperliquid0.7010+3.947%ApeX Omni0.7013+3.989%edgeX0.7013+3.993%
Injective
Lighter
Bybit
BingX
OKX
Gate
BloFin
Reya
Binance
Extended
Aevo
Orderly
Deribit
SoDEX
GMX
Bitget
Polymarket Perps
Aster
Pacifica
gTrade (Gains Network)
Backpack
SunX
Phoenix
KuCoin
MEXC
Hyperliquid
ApeX OmniKraken Futures0.7014+4.004%
Variational Omni0.7017+4.045%
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 | −3.850% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Lighter VIRTUAL | −0.237% | −0.0312% | 1h | $318K | $389K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.229% | −0.0176% | 4h | $15.2M | $15.5M | 50x | as long as short |
| BingX VIRTUAL-USDT | −0.200% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.186% | +0.0100% | 4h | $2.7M | $9.5M | 20x | as long as short |
| Gate VIRTUAL_USDT | −0.186% | +0.0048% | 4h | $1.4M | $3.1M | 75x | as long as short |
| BloFin VIRTUAL-USDT | −0.186% | +0.0340% | 4h | $809K | $764K | 75x | as long as short |
| Reya VIRTUALRUSDPERP | −0.182% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| Binance VIRTUALUSDT | −0.172% | +0.0100% | 4h | $15.8M | $35.8M | 75x | as long as short |
| 01 Exchange VIRTUALUSD | −0.172% | −0.0176% | 1h | $2K | $131 | 10x | as long as short |