After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.057%7d average+0.005%fees + slippage, in and out−$84spread needed0.837%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin VIRTUALUSDTM | 0.7022 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $3.0M | $4.2M | 50x |
| Short | Gate VIRTUAL_USDT | 0.7018 | 0.0068 | get 0.0034% / 4h | 2h 34m | $1.5M | $3.1M | 75x |
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
- −$5.7
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$56.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.32
- Spread needed to break even
- 0.837%
Slippage from KuCoin: live order book, 10 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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, 10 min ago | 1.42 bp | 28.6 bp −$29 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.13 bp | 19.0 bp −$19 | 78.6 bp −$786 | doesn't fit | 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 | −3.959% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.185% | −0.0274% | 4h | $15.4M | $15.5M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.185% | +0.0100% | 4h | $2.7M | $9.8M | 20x | as long as short |
| Binance VIRTUALUSDT | −0.169% | +0.0100% | 4h | $16.0M | $36.1M | 75x | as long as short |
| Variational Omni VIRTUAL | −0.156% | −0.0110% | 4h | $564K | $811K | — | as long as short |
| Lighter VIRTUAL | −0.125% | −0.0168% | 1h | $319K | $389K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.122% | +0.0104% | 1h | $55K | $245K | 10x | as long as short |
| SoDEX VIRTUAL-USD | −0.118% | −0.0067% | 1h | $1K | $9K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.115% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| Phoenix VIRTUAL | −0.107% | −0.0159% | 1h | $11K | $54K | 5x | as long as short |
KuCoin VIRTUALUSDTM
Gate VIRTUAL_USDT
Injective
Bybit
OKX
Binance
Variational Omni
Lighter
Extended
SoDEX
Phoenix
MEXC
Deribit
Backpack
GMX
BingX
ApeX Omni
Polymarket Perps
gTrade (Gains Network)
Hyperliquid
Aster
Bitget
SunX
Pacifica
BloFin
Kraken Futures
Coinbase International