Spread before costs (cost unknown: a leg has no order-book sample)−0.146%
7d average—if it closes, per $10,000$15funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VIRTUAL_USDT | 0.7129 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $16.7M | $3.6M | 100x |
| Short | Aevo VIRTUAL-PERP | 0.7119 | 0.0104 | get 0.0013% / 1h | 38m 26s | $18K | $505 | 3x |
MEXC VIRTUAL_USDT
Aevo VIRTUAL-PERPPrice 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
- −$14.62
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$30.5
- Spread needed to break even
- 0.160%
Slippage unknown: MEXC: live order book, 7 min ago; Aevo: no order-book sample. Net counts fees only.
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 MEXC live order book, 7 min ago | 0.70 bp | 3.2 bp −$3 | 6.8 bp −$68 | 64.0 bp −$6,395 | 250.5 bp −$125.3K |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
Variational Omni0.7112+5.457%edgeX0.7115+5.496%
Injective
Variational OmniAevo0.7119+5.554%
Deribit0.7120+5.575%SoDEX0.7120+5.578%SunX0.7123+5.620%Polymarket Perps0.7125+5.649%Phoenix0.7126+5.658%Extended0.7126+5.659%01 Exchange0.7127+5.679%Bybit0.7128+5.694%OKX0.7128+5.694%Reya0.7128+5.694%Kraken Futures0.7129+5.704%Binance0.7129+5.707%
Deribit
SoDEX
SunX
Polymarket Perps
Phoenix
Extended
Bybit
OKX
Reya
Kraken Futures
BinanceMEXC0.7129+5.709%
Orderly0.7129+5.709%Lighter0.7130+5.719%KuCoin0.7130+5.724%BingX0.7130+5.724%ApeX Omni0.7131+5.738%BloFin0.7131+5.738%GMX0.7132+5.757%gTrade (Gains Network)0.7133+5.767%Gate0.7133+5.768%Backpack0.7133+5.768%Bitget0.7134+5.783%Aster0.7134+5.790%Pacifica0.7135+5.798%Hyperliquid0.7144+5.927%Coinbase International0.7152+6.050%
Orderly
Lighter
KuCoin
BingX
ApeX Omni
BloFin
GMX
gTrade (Gains Network)
Gate
Backpack
Bitget
Aster
Pacifica
Hyperliquid
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 | −5.400% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.238% | +0.0070% | 4h | $714K | $571K | — | as long as short |
| edgeX VIRTUALUSDC | −0.201% | +0.0100% | 4h | $19K | $250K | 10x | as long as short |
| Aevo VIRTUAL-PERPshort | −0.146% | +0.0104% | 1h | $18K | $505 | 3x | |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.126% | −0.0452% | 1h | $5K | $10K | 10x | as long as short |
| SoDEX VIRTUAL-USD | −0.123% | −0.0122% | 1h | $210 | $8K | 5x | as long as short |
| SunX VIRTUAL-USDT | −0.084% | +0.0100% | 4h | $2K | $1.1M | 20x | as long as short |
| Polymarket Perps VIRTUAL-USD | −0.056% | −0.0440% | 1h | $34K | $708K | 5x | as long as short |
| Phoenix VIRTUAL | −0.048% | −0.0101% | 1h | $12K | $42K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.047% | +0.0104% | 1h | $55K | $240K | 10x | as long as short |