After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.035%7d average−0.034%fees + slippage, in and out−$33spread needed0.329%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VIRTUAL_USDT | 0.7018 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $15.9M | $3.8M | 100x |
| Short | Extended VIRTUAL-USD | 0.7016 | 0.0104 | get 0.0013% / 1h | 41m 37s | $55K | $243K | 10x |
MEXC VIRTUAL_USDT
Extended VIRTUAL-USDPrice 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
- −$3.46
- Funding while held
- $0.12
- Slippage, 4 orders
- −$27.93
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$36.27
- Spread needed to break even
- 0.329%
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 38 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 MEXC live order book, 3 min ago | 0.71 bp | 3.5 bp −$4 | 6.4 bp −$64 | 67.0 bp −$6,705 | 251.0 bp −$125.5K |
| Sell Extended live order book, 38 min ago | 1.36 bp | 13.7 bp −$14 | 244.4 bp −$2,444 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestVariational Omni0.7007+3.895%Phoenix0.7008+3.918%Lighter0.7013+3.986%Bybit0.7014+4.004%Reya0.7014+4.006%OKX0.7015+4.018%Orderly0.7015+4.018%BloFin0.7015+4.018%SoDEX0.7016+4.026%
Injective
Variational Omni
Phoenix
Lighter
Bybit
Reya
OKX
Orderly
BloFin
SoDEXExtended0.7016+4.027%
Aevo0.7016+4.039%Binance0.7017+4.048%01 Exchange0.7017+4.048%edgeX0.7018+4.057%
Aevo
BinanceMEXC0.7018+4.063%
BingX0.7018+4.063%Deribit0.7018+4.063%Polymarket Perps0.7019+4.072%Gate0.7019+4.078%GMX0.7019+4.079%Bitget0.7020+4.093%ApeX Omni0.7020+4.093%gTrade (Gains Network)0.7020+4.093%SunX0.7020+4.093%Pacifica0.7021+4.112%Backpack0.7022+4.122%KuCoin0.7024+4.152%Aster0.7026+4.180%Kraken Futures0.7026+4.187%Hyperliquid0.7028+4.219%Coinbase International0.7033+4.285%
BingX
Deribit
Polymarket Perps
Gate
GMX
Bitget
ApeX Omni
gTrade (Gains Network)
SunX
Pacifica
Backpack
KuCoin
Aster
Kraken Futures
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 | −3.904% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUAL | −0.161% | −0.0135% | 4h | $527K | $847K | — | as long as short |
| Phoenix VIRTUAL | −0.140% | −0.0138% | 1h | $11K | $48K | 5x | as long as short |
| Lighter VIRTUAL | −0.074% | −0.0368% | 1h | $319K | $389K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.057% | −0.0155% | 4h | $15.3M | $15.5M | 50x | as long as short |
| Reya VIRTUALRUSDPERP | −0.055% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.043% | +0.0100% | 4h | $2.7M | $9.6M | 20x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.043% | +0.0060% | 4h | $14K | $1.5M | 10x | as long as short |
| BloFin VIRTUAL-USDT | −0.043% | +0.0340% | 4h | $807K | $762K | 75x | as long as short |
| SoDEX VIRTUAL-USD | −0.036% | +0.0080% | 1h | $1K | $9K | 5x | as long as short |