After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.074%7d average−0.017%fees + slippage, in and out−$46spread needed0.456%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX VIRTUAL-USDT-SWAP | 0.7041 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $2.8M | $10.1M | 20x |
| Short | Binance VIRTUALUSDT | 0.7046 | 0.0100 | get 0.0050% / 4h | 1h 54m | $16.5M | $35.0M | 75x |
OKX VIRTUAL-USDT-SWAP
Binance 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
- $7.36
- Funding while held
- $0
- Slippage, 4 orders
- −$25.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.22
- Spread needed to break even
- 0.456%
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 OKX live order book, 5 min ago | 0.71 bp | 13.1 bp −$13 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.70 bp | 9.6 bp −$10 | 22.7 bp −$227 | 100.5 bp −$10.1K | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestBybit0.7035+4.315%01 Exchange0.7040+4.389%
Injective
BybitOKX0.7041+4.404%
Binance0.7046+4.481%
MEXC0.7049+4.523%Extended0.7049+4.524%Bitget0.7050+4.537%Pacifica0.7052+4.562%Gate0.7052+4.567%BingX0.7052+4.567%KuCoin0.7053+4.582%Lighter0.7054+4.594%Aevo0.7057+4.634%Backpack0.7057+4.641%Orderly0.7057+4.641%Aster0.7057+4.646%Polymarket Perps0.7057+4.649%SoDEX0.7059+4.671%Deribit0.7059+4.671%GMX0.7060+4.686%BloFin0.7060+4.686%SunX0.7061+4.700%gTrade (Gains Network)0.7062+4.714%Reya0.7062+4.714%Hyperliquid0.7063+4.723%Kraken Futures0.7068+4.802%edgeX0.7079+4.969%Phoenix0.7080+4.978%ApeX Omni0.7094+5.190%Variational Omni0.7097+5.241%Coinbase International0.7107+5.383%
MEXC
Extended
Bitget
Pacifica
Gate
BingX
KuCoin
Lighter
Aevo
Backpack
Orderly
Aster
Polymarket Perps
SoDEX
Deribit
GMX
BloFin
SunX
gTrade (Gains Network)
Reya
Hyperliquid
Kraken Futures
Phoenix
ApeX Omni
Variational Omni
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 | −4.218% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.085% | +0.0095% | 4h | $15.5M | $15.2M | 50x | as long as short |
| 01 Exchange VIRTUALUSD | −0.014% | −0.0248% | 1h | $2K | $539 | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $2.8M | $10.1M | 20x | |
| Binance VIRTUALUSDTshort | +0.074% | +0.0100% | 4h | $16.5M | $35.0M | 75x | |
| MEXC VIRTUAL_USDT | +0.114% | +0.0100% | 4h | $16.2M | $3.7M | 100x | as long as short |
| Extended VIRTUAL-USD | +0.115% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Bitget VIRTUALUSDT | +0.128% | +0.0100% | 4h | $6.0M | $5.5M | 25x | as long as short |
| Pacifica VIRTUAL | +0.151% | +0.0100% | 1h | $71K | $37K | 5x | as long as short |
| Gate VIRTUAL_USDT | +0.156% | +0.0100% | 4h | $1.5M | $2.9M | 75x | as long as short |