Spread before costs (cost unknown: a leg has no order-book sample)−0.159%
7d average—if it closes, per $10,000$16funding while held, a day−$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VIRTUAL_USDT | 0.7062 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $16.1M | $3.7M | 100x |
| Short | gTrade (Gains Network) VIRTUAL/USD | 0.7051 | L +0.0007% / S −0.0004% | get 0.0001% / 1h | 47m 14s | $12K | — | 150x |
Price 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
- −$15.94
- Funding while held
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$28.82
- Spread needed to break even
- 0.100%
Slippage unknown: MEXC: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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 | 3.3 bp −$3 | 6.9 bp −$69 | 67.2 bp −$6,719 | 250.9 bp −$125.4K |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.VIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.503% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| edgeX VIRTUALUSDC | −0.699% | +0.0100% | 4h | $18K | $253K | 10x | as long as short |
| Variational Omni VIRTUAL | −0.677% | −0.0003% | 4h | $558K | $743K | — | as long as short |
| ApeX Omni VIRTUALUSDT | −0.666% | −0.0009% | 1h | $41K | $241K | 50x | as long as short |
| BloFin VIRTUAL-USDT | −0.198% | +0.0340% | 4h | $851K | $748K | 75x | as long as short |
| gTrade (Gains Network) VIRTUAL/USDshort | −0.159% | L +0.0007% / S −0.0004% | 1h | $12K | — | 150x | |
| Extended VIRTUAL-USD | −0.152% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Lighter VIRTUAL | −0.139% | +0.0096% | 1h | $350K | $284K | 5x | as long as short |
| SoDEX VIRTUAL-USD | −0.130% | −0.0153% | 1h | $220 | $8K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.071% | +0.0100% | 4h | $2.7M | $10.2M | 20x | as long as short |
MEXC VIRTUAL_USDT
gTrade (Gains Network) VIRTUAL/USD
Injective
Variational Omni
ApeX Omni
BloFin
Extended
Lighter
SoDEX
OKX
Bybit
BingX
Deribit
Polymarket Perps
Binance
Gate
Bitget
Phoenix
Kraken Futures
KuCoin
GMX
Backpack
Aster
SunX
Coinbase International
Pacifica
Hyperliquid