Spread before costs (cost unknown: a leg has no order-book sample)+0.173%
7d average—if it closes, per $10,000$17funding while held, a day−$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX VIRTUAL-USDT-SWAP | 0.7017 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $2.7M | $9.8M | 20x |
| Short | gTrade (Gains Network) VIRTUAL/USD | 0.7029 | L +0.0007% / S −0.0004% | get 0.0000% / 1h | 22m 05s | $12K | — | 150x |
OKX VIRTUAL-USDT-SWAP
gTrade (Gains Network) 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
- $17.3
- Funding while held
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$5.58
- Spread needed to break even
- 0.200%
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago | 0.71 bp | 11.6 bp −$12 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| 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.Injective0.6744cheapestPhoenix0.7010+3.941%BloFin0.7010+3.944%01 Exchange0.7015+4.018%Pacifica0.7015+4.023%Lighter0.7016+4.041%Bybit0.7017+4.048%
Injective
Phoenix
BloFin
Pacifica
Lighter
BybitOKX0.7017+4.048%
Extended0.7018+4.065%Binance0.7019+4.072%BingX0.7019+4.078%MEXC0.7020+4.093%edgeX0.7021+4.104%SoDEX0.7021+4.104%Aevo0.7021+4.113%Gate0.7022+4.122%ApeX Omni0.7023+4.137%Reya0.7023+4.137%KuCoin0.7024+4.152%Bitget0.7024+4.152%Deribit0.7024+4.152%Backpack0.7025+4.167%Polymarket Perps0.7026+4.181%SunX0.7026+4.181%Aster0.7026+4.187%Hyperliquid0.7027+4.196%Orderly0.7027+4.196%
Extended
Binance
BingX
MEXC
SoDEX
Aevo
Gate
ApeX Omni
Reya
KuCoin
Bitget
Deribit
Backpack
Polymarket Perps
SunX
Aster
Hyperliquid
OrderlygTrade (Gains Network)0.7029+4.228%
GMX0.7030+4.241%Kraken Futures0.7030+4.243%Variational Omni0.7031+4.254%Coinbase International0.7113+5.472%
GMX
Kraken Futures
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 | −3.891% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.103% | −0.0159% | 1h | $11K | $54K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −0.100% | +0.0340% | 4h | $815K | $761K | 75x | as long as short |
| 01 Exchange VIRTUALUSD | −0.029% | −0.0184% | 1h | $2K | $131 | 10x | as long as short |
| Pacifica VIRTUAL | −0.024% | +0.0100% | 1h | $72K | $41K | 5x | as long as short |
| Lighter VIRTUAL | −0.007% | −0.0104% | 1h | $319K | $389K | 5x | as long as short |
| Bybit VIRTUALUSDT | 0.000% | −0.0220% | 4h | $15.4M | $15.4M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $2.7M | $9.8M | 20x | |
| Extended VIRTUAL-USD | +0.016% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| Binance VIRTUALUSDT | +0.023% | +0.0100% | 4h | $16.0M | $35.9M | 75x | as long as short |