Spread before costs (cost unknown: a leg has no order-book sample)+0.018%
7d average—if it closes, per $10,000$2funding while held, a day−$7.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX VIRTUAL-USDT-SWAP | 0.6991 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $2.7M | $9.5M | 20x |
| Short | Reya VIRTUALRUSDPERP | 0.6992 | −0.0139 | pay 0.0017% / 1h | 27m 29s | $23 | — | 10x |
OKX VIRTUAL-USDT-SWAP
Reya VIRTUALRUSDPERPPrice 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
- $1.84
- Funding while held
- −$7.18
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$21.34
- Spread needed to break even
- 0.160%
Slippage unknown: OKX: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0239%
- Per $10,000 a day
- −$7.18
- 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 | 9.6 bp −$10 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Injective0.6744cheapestLighter0.6986+3.594%Bybit0.6987+3.603%Variational Omni0.6989+3.630%Extended0.6989+3.635%Binance0.6990+3.648%01 Exchange0.6990+3.648%MEXC0.6990+3.648%
Injective
Lighter
Bybit
Variational Omni
Extended
Binance
MEXCOKX0.6991+3.663%
Gate0.6991+3.663%BingX0.6991+3.663%
Gate
BingXReya0.6992+3.682%
KuCoin0.6993+3.692%Bitget0.6993+3.692%SoDEX0.6994+3.703%Pacifica0.6994+3.714%Aster0.6995+3.718%Aevo0.6995+3.724%Phoenix0.6996+3.734%Backpack0.6996+3.737%Orderly0.6996+3.737%Polymarket Perps0.6996+3.740%edgeX0.6997+3.744%ApeX Omni0.6997+3.751%Deribit0.6997+3.751%gTrade (Gains Network)0.6998+3.761%BloFin0.6998+3.766%GMX0.6998+3.768%SunX0.6999+3.781%Hyperliquid0.7001+3.809%Kraken Futures0.7005+3.863%Coinbase International0.7033+4.285%
KuCoin
Bitget
SoDEX
Pacifica
Aster
Aevo
Phoenix
Backpack
Orderly
Polymarket Perps
ApeX Omni
Deribit
gTrade (Gains Network)
BloFin
GMX
SunX
Hyperliquid
Kraken Futures
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 | −3.533% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Lighter VIRTUAL | −0.066% | −0.0240% | 1h | $317K | $389K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.057% | −0.0172% | 4h | $15.2M | $15.4M | 50x | as long as short |
| Variational Omni VIRTUAL | −0.031% | −0.0160% | 4h | $526K | $847K | — | as long as short |
| Extended VIRTUAL-USD | −0.027% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| Binance VIRTUALUSDT | −0.014% | +0.0100% | 4h | $15.8M | $35.7M | 75x | as long as short |
| 01 Exchange VIRTUALUSD | −0.014% | −0.0152% | 1h | $2K | $131 | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.014% | +0.0100% | 4h | $15.9M | $3.9M | 100x | as long as short |
| OKX VIRTUAL-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $2.7M | $9.5M | 20x | |
| Gate VIRTUAL_USDT | 0.000% | +0.0068% | 4h | $1.4M | $3.1M | 75x | as long as short |