After costs, if the gap returns to its 7d average, $10k−$29
spread now−0.045%7d average+0.011%fees + slippage, in and out−$23spread needed0.234%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VIRTUAL_USDT | 0.7073 | 0.0100 | pay 0.0050% / 4h | 7m 14s | $16.0M | $4.0M | 100x |
| Short | Lighter VIRTUAL | 0.7070 | 0.0096 | get 0.0012% / 1h | 7m 14s | $323K | $377K | 5x |
MEXC VIRTUAL_USDT
Lighter VIRTUALPrice 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
- −$4.52
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$23.42
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$28.07
- Spread needed to break even
- 0.234%
Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 34 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 | 2.0 bp −$2 | 7.9 bp −$79 | 93.1 bp −$9,307 | 267.9 bp −$134.0K |
| Sell Lighter live order book, 34 min ago | 3.75 bp | 7.5 bp −$8 | 55.8 bp −$558 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest01 Exchange0.7063+4.730%OKX0.7068+4.804%Extended0.7069+4.823%
Injective
OKX
ExtendedLighter0.7070+4.831%
Aevo0.7070+4.832%Orderly0.7071+4.849%Bybit0.7072+4.864%BingX0.7072+4.864%Deribit0.7072+4.864%
Aevo
Orderly
Bybit
BingX
DeribitMEXC0.7073+4.878%
BloFin0.7073+4.878%Reya0.7074+4.889%Binance0.7074+4.893%Variational Omni0.7074+4.896%Gate0.7075+4.908%Aster0.7077+4.934%Pacifica0.7077+4.937%Bitget0.7077+4.938%gTrade (Gains Network)0.7078+4.949%GMX0.7078+4.950%SunX0.7078+4.953%Phoenix0.7079+4.961%KuCoin0.7079+4.967%edgeX0.7079+4.973%Polymarket Perps0.7080+4.976%ApeX Omni0.7081+4.997%Hyperliquid0.7082+5.016%Backpack0.7087+5.086%Kraken Futures0.7087+5.088%SoDEX0.7088+5.104%Coinbase International0.7099+5.264%
BloFin
Reya
Binance
Variational Omni
Gate
Aster
Pacifica
Bitget
gTrade (Gains Network)
GMX
SunX
Phoenix
KuCoin
Polymarket Perps
ApeX Omni
Hyperliquid
Backpack
Kraken Futures
SoDEX
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 | −4.651% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.141% | −0.0160% | 1h | $2K | $131 | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.071% | +0.0100% | 4h | $2.8M | $10.3M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.052% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Lighter VIRTUALshort | −0.045% | +0.0096% | 1h | $323K | $377K | 5x | |
| Aevo VIRTUAL-PERP | −0.044% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.028% | +0.0065% | 4h | $14K | $1.5M | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.014% | +0.0100% | 4h | $15.7M | $16.0M | 50x | as long as short |
| BingX VIRTUAL-USDT | −0.014% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.014% | −0.0033% | 1h | $15K | $41K | 10x | as long as short |