After costs, if the gap returns to its 7d average, $10k−$30
spread now+0.156%7d average+0.028%fees + slippage, in and out−$42spread needed0.424%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter VIRTUAL | 0.7033 | 0.0096 | pay 0.0012% / 1h | 17m 59s | $323K | $352K | 5x |
| Short | Bitget VIRTUALUSDT | 0.7044 | 0.0100 | get 0.0050% / 4h | 17m 59s | $6.0M | $5.7M | 25x |
Lighter VIRTUAL
Bitget VIRTUALUSDTPrice 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
- $15.64
- Funding while held
- $0.12
- Slippage, 4 orders
- −$30.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.63
- Spread needed to break even
- 0.424%
Slippage from Lighter: live order book, 23 min ago; Bitget: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Lighter live order book, 23 min ago | 3.75 bp | 10.0 bp −$10 | 48.0 bp −$480 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.84 bp | 12.6 bp −$13 | 30.4 bp −$304 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.7001+3.809%edgeX0.7011+3.959%ApeX Omni0.7013+3.989%Phoenix0.7025+4.168%Reya0.7027+4.198%Extended0.7030+4.247%Orderly0.7031+4.256%Deribit0.7032+4.270%Aevo0.7032+4.272%GMX0.7033+4.285%
Injective
Variational Omni
ApeX Omni
Phoenix
Reya
Extended
Orderly
Deribit
Aevo
GMXLighter0.7033+4.285%
01 Exchange0.7033+4.285%gTrade (Gains Network)0.7034+4.299%SunX0.7035+4.315%Aster0.7035+4.321%Bybit0.7037+4.345%OKX0.7037+4.345%Gate0.7039+4.374%BloFin0.7039+4.374%Pacifica0.7040+4.382%Polymarket Perps0.7040+4.383%MEXC0.7040+4.389%BingX0.7040+4.389%Hyperliquid0.7040+4.391%SoDEX0.7040+4.395%KuCoin0.7041+4.404%Binance0.7043+4.428%Kraken Futures0.7043+4.440%
gTrade (Gains Network)
SunX
Aster
Bybit
OKX
Gate
BloFin
Pacifica
Polymarket Perps
MEXC
BingX
Hyperliquid
SoDEX
KuCoin
Binance
Kraken FuturesBitget0.7044+4.448%
Backpack0.7044+4.448%Coinbase International0.7052+4.567%
Backpack
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 | −4.109% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.456% | −0.0031% | 4h | $591K | $801K | — | as long as short |
| edgeX VIRTUALUSDC | −0.313% | +0.0100% | 4h | $18K | $255K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.284% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Phoenix VIRTUAL | −0.112% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.083% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Extended VIRTUAL-USD | −0.037% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.028% | +0.0065% | 4h | $14K | $1.5M | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.014% | −0.0176% | 1h | $25K | $30K | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.013% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |