After costs, if the gap returns to its 7d average, $10k−$34
spread now−0.100%7d average−0.009%fees + slippage, in and out−$25spread needed0.247%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VIRTUAL_USDT | 0.7023 | 0.0100 | pay 0.0050% / 4h | 58m 58s | $16.2M | $3.8M | 100x |
| Short | Bybit VIRTUALUSDT | 0.7016 | −0.0057 | pay 0.0029% / 4h | 58m 58s | $15.2M | $15.4M | 50x |
MEXC VIRTUAL_USDT
Bybit 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
- −$9.97
- Funding while held
- −$4.72
- Slippage, 4 orders
- −$13.68
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$39.37
- Spread needed to break even
- 0.247%
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0157%
- Per $10,000 a day
- −$4.72
- 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, 1 min ago | 1.42 bp | 3.5 bp −$3 | 8.4 bp −$84 | 69.6 bp −$6,957 | 252.7 bp −$126.4K |
| Sell Bybit live order book, 1 min ago | 0.71 bp | 9.7 bp −$10 | 19.4 bp −$194 | 142.7 bp −$14.3K | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6992cheapest
InjectiveBybit0.7016+0.343%
Lighter0.7020+0.396%Binance0.7021+0.414%Extended0.7022+0.426%01 Exchange0.7022+0.429%BloFin0.7022+0.429%SoDEX0.7023+0.436%OKX0.7023+0.443%
Lighter
Binance
Extended
BloFin
SoDEX
OKXMEXC0.7023+0.443%
BingX0.7023+0.443%Orderly0.7023+0.443%Reya0.7023+0.445%Aevo0.7024+0.451%KuCoin0.7024+0.458%Variational Omni0.7025+0.467%Gate0.7025+0.472%SunX0.7025+0.472%Deribit0.7025+0.472%Polymarket Perps0.7026+0.483%gTrade (Gains Network)0.7026+0.485%Bitget0.7026+0.486%GMX0.7026+0.487%Backpack0.7027+0.501%Pacifica0.7028+0.513%Aster0.7028+0.514%edgeX0.7028+0.514%ApeX Omni0.7032+0.572%Hyperliquid0.7032+0.578%Kraken Futures0.7036+0.628%Phoenix0.7041+0.701%Coinbase International0.7045+0.758%
BingX
Orderly
Reya
Aevo
KuCoin
Variational Omni
Gate
SunX
Deribit
Polymarket Perps
gTrade (Gains Network)
Bitget
GMX
Backpack
Pacifica
Aster
ApeX Omni
Hyperliquid
Kraken Futures
Phoenix
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 | −0.441% | −0.0086% | 1h | $45 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDTshort | −0.100% | −0.0057% | 4h | $15.2M | $15.4M | 50x | |
| Lighter VIRTUAL | −0.047% | −0.0136% | 1h | $319K | $388K | 5x | as long as short |
| Binance VIRTUALUSDT | −0.029% | +0.0100% | 4h | $16.0M | $35.8M | 75x | as long as short |
| Extended VIRTUAL-USD | −0.017% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.014% | −0.0136% | 1h | $2K | $131 | 10x | as long as short |
| BloFin VIRTUAL-USDT | −0.014% | +0.0340% | 4h | $816K | $750K | 75x | as long as short |
| SoDEX VIRTUAL-USD | −0.007% | +0.0100% | 1h | $1K | $9K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | 0.000% | +0.0100% | 4h | $2.7M | $9.4M | 20x | as long as short |
| MEXC VIRTUAL_USDTlong | 0.000% | +0.0100% | 4h | $16.2M | $3.8M | 100x |