After costs, if the gap returns to its 7d average, $10k−$108
spread now+0.607%7d average+0.255%fees + slippage, in and out−$143spread needed1.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX VIRTUAL-USDT-SWAP | 0.7083 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $2.8M | $10.4M | 20x |
| Short | Coinbase International VIRTUAL-PERP-INTX | 0.7126 | 0.0400 | get 0.0050% / 1h | 2m 02s | $195K | $148K | 50x |
OKX VIRTUAL-USDT-SWAP
Coinbase International VIRTUAL-PERP-INTXPrice 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
- $60.71
- Funding while held
- $9
- Slippage, 4 orders
- −$123.37
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$73.66
- Spread needed to break even
- 1.434%
Slippage from OKX: live order book, 3 min ago; Coinbase International: live order book, 52 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0300%
- Per $10,000 a day
- +$9.00
- 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, 3 min ago | 1.41 bp | 14.3 bp −$14 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 52 min ago | 7.82 bp | 57.8 bp −$58 | 638.0 bp −$6,380 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestBybit0.7083+5.027%
Injective
BybitOKX0.7083+5.027%
Gate0.7084+5.042%BingX0.7084+5.042%Extended0.7085+5.055%Binance0.7086+5.078%SoDEX0.7087+5.083%Lighter0.7088+5.095%Aevo0.7089+5.111%Bitget0.7089+5.116%SunX0.7089+5.116%Backpack0.7090+5.130%KuCoin0.7093+5.175%Reya0.7093+5.178%01 Exchange0.7094+5.190%MEXC0.7094+5.190%Orderly0.7095+5.205%Deribit0.7095+5.205%GMX0.7097+5.233%gTrade (Gains Network)0.7098+5.250%Hyperliquid0.7098+5.252%Polymarket Perps0.7099+5.264%BloFin0.7099+5.264%Pacifica0.7100+5.276%Kraken Futures0.7101+5.289%Aster0.7101+5.290%Phoenix0.7111+5.442%ApeX Omni0.7117+5.531%edgeX0.7117+5.537%
Gate
BingX
Extended
Binance
SoDEX
Lighter
Aevo
Bitget
SunX
Backpack
KuCoin
Reya
MEXC
Orderly
Deribit
GMX
gTrade (Gains Network)
Hyperliquid
Polymarket Perps
BloFin
Pacifica
Kraken Futures
Aster
Phoenix
ApeX OmniCoinbase International0.7126+5.664%
Variational Omni0.7130+5.726%
Variational OmniVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.786% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | 0.000% | +0.0100% | 4h | $15.6M | $15.7M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $2.8M | $10.4M | 20x | |
| Gate VIRTUAL_USDT | +0.014% | +0.0100% | 4h | $1.4M | $3.1M | 75x | as long as short |
| BingX VIRTUAL-USDT | +0.014% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Extended VIRTUAL-USD | +0.027% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Binance VIRTUALUSDT | +0.048% | +0.0100% | 4h | $16.5M | $36.3M | 75x | as long as short |
| SoDEX VIRTUAL-USD | +0.054% | +0.0100% | 1h | $209 | $8K | 5x | as long as short |
| Lighter VIRTUAL | +0.065% | +0.0096% | 1h | $329K | $328K | 5x | as long as short |
| Aevo VIRTUAL-PERP | +0.080% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |