After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.009%7d average+0.015%fees + slippage, in and out−$38spread needed0.382%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter VIRTUAL | 0.6990 | −0.0280 | get 0.0035% / 1h | 30m 42s | $318K | $389K | 5x |
| Short | OKX VIRTUAL-USDT-SWAP | 0.6991 | 0.0100 | get 0.0050% / 4h | 1h 30m | $2.7M | $9.5M | 20x |
Lighter VIRTUAL
OKX VIRTUAL-USDT-SWAPPrice 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
- $0.86
- Funding while held
- $11.4
- Slippage, 4 orders
- −$28.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$25.93
- Spread needed to break even
- 0.382%
Slippage from Lighter: live order book, 61 min ago; OKX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0380%
- Per $10,000 a day
- +$11.40
- 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, 61 min ago | 4.28 bp | 7.5 bp −$8 | 41.3 bp −$413 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.71 bp | 13.5 bp −$13 | 40.0 bp −$400 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestBybit0.6989+3.633%
Injective
BybitLighter0.6990+3.654%
OKX0.6991+3.663%
edgeX0.6991+3.664%BloFin0.6992+3.677%Extended0.6993+3.690%01 Exchange0.6993+3.692%BingX0.6993+3.692%Reya0.6993+3.698%Gate0.6994+3.707%ApeX Omni0.6994+3.707%Binance0.6995+3.717%KuCoin0.6995+3.722%Orderly0.6995+3.722%SoDEX0.6995+3.722%Aevo0.6996+3.732%MEXC0.6996+3.737%GMX0.6996+3.742%Polymarket Perps0.6997+3.746%Bitget0.6997+3.751%Deribit0.6997+3.751%Pacifica0.6998+3.762%gTrade (Gains Network)0.6998+3.766%SunX0.6998+3.766%Aster0.6998+3.773%Backpack0.6999+3.781%Variational Omni0.7000+3.792%Hyperliquid0.7002+3.821%Phoenix0.7002+3.830%Kraken Futures0.7005+3.871%Coinbase International0.7033+4.285%
BloFin
Extended
BingX
Reya
Gate
ApeX Omni
Binance
KuCoin
Orderly
SoDEX
Aevo
MEXC
GMX
Polymarket Perps
Bitget
Deribit
Pacifica
gTrade (Gains Network)
SunX
Aster
Backpack
Variational Omni
Hyperliquid
Phoenix
Kraken Futures
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 | −3.525% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.020% | −0.0175% | 4h | $15.2M | $15.4M | 50x | as long as short |
| Lighter VIRTUALlong | 0.000% | −0.0280% | 1h | $318K | $389K | 5x | |
| OKX VIRTUAL-USDT-SWAPshort | +0.009% | +0.0100% | 4h | $2.7M | $9.5M | 20x | |
| edgeX VIRTUALUSDC | +0.010% | +0.0100% | 4h | $18K | $257K | 10x | as long as short |
| BloFin VIRTUAL-USDT | +0.023% | +0.0340% | 4h | $811K | $763K | 75x | as long as short |
| Extended VIRTUAL-USD | +0.035% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | +0.037% | −0.0160% | 1h | $2K | $131 | 10x | as long as short |
| BingX VIRTUAL-USDT | +0.037% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Reya VIRTUALRUSDPERP | +0.043% | −0.0139% | 1h | $23 | — | 10x | as long as short |