After costs, if the gap returns to its 7d average, $10k−$76
spread now−0.114%7d average−0.047%fees + slippage, in and out−$69spread needed0.689%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin VIRTUALUSDTM | 0.7018 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $3.0M | $4.2M | 50x |
| Short | Bybit VIRTUALUSDT | 0.7010 | −0.0155 | pay 0.0077% / 4h | 1h 40m | $15.3M | $15.5M | 50x |
Price 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
- −$11.4
- Funding while held
- −$7.65
- Slippage, 4 orders
- −$45.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$87.99
- Spread needed to break even
- 0.689%
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0255%
- Per $10,000 a day
- −$7.65
- 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 KuCoin live order book, 3 min ago | 1.42 bp | 27.2 bp −$27 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.71 bp | 12.1 bp −$12 | 25.5 bp −$255 | 157.5 bp −$15.8K | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.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 | −3.904% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.161% | −0.0135% | 4h | $527K | $847K | — | as long as short |
| Bybit VIRTUALUSDTshort | −0.114% | −0.0155% | 4h | $15.3M | $15.5M | 50x | |
| Lighter VIRTUAL | −0.093% | −0.0352% | 1h | $319K | $389K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −0.085% | +0.0340% | 4h | $807K | $762K | 75x | as long as short |
| Binance VIRTUALUSDT | −0.068% | +0.0100% | 4h | $15.8M | $36.0M | 75x | as long as short |
| SoDEX VIRTUAL-USD | −0.064% | +0.0071% | 1h | $1K | $9K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.057% | +0.0100% | 4h | $2.7M | $9.6M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.043% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.043% | +0.0100% | 4h | $15.9M | $3.8M | 100x | as long as short |
KuCoin VIRTUALUSDTM
Bybit VIRTUALUSDT
Injective
Variational Omni
Lighter
BloFin
Binance
SoDEX
OKX
Extended
MEXC
BingX
Deribit
Phoenix
Gate
Bitget
Polymarket Perps
GMX
Backpack
ApeX Omni
gTrade (Gains Network)
SunX
Pacifica
Aster
Hyperliquid
Kraken Futures
Coinbase International