Spread before costs (cost unknown: a leg has no order-book sample)+0.014%
7d average—if it closes, per $10,000$1funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX VIRTUAL-USDT-SWAP | 0.7111 | 0.0100 | pay 0.0050% / 4h | 46m 15s | $2.8M | $10.3M | 20x |
| Short | SoDEX VIRTUAL-USD | 0.7112 | 0.0100 | get 0.0013% / 1h | 46m 15s | $208 | $8K | 5x |
OKX VIRTUAL-USDT-SWAP
SoDEX 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
- $1.41
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$16.59
- Spread needed to break even
- 0.180%
Slippage unknown: OKX: live order book, 3 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 3 min ago | 0.70 bp | 14.9 bp −$15 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Injective0.6744cheapest
SunX0.7109+5.412%Lighter0.7110+5.430%Extended0.7110+5.433%Phoenix0.7111+5.439%Bybit0.7111+5.442%
Injective
SunX
Lighter
Extended
Phoenix
BybitOKX0.7111+5.442%
Aevo0.7112+5.456%BingX0.7112+5.457%
Aevo
BingXSoDEX0.7112+5.457%
Reya0.7113+5.467%Binance0.7113+5.472%Variational Omni0.7114+5.481%Deribit0.7114+5.486%GMX0.7115+5.500%01 Exchange0.7115+5.501%Orderly0.7115+5.501%gTrade (Gains Network)0.7115+5.502%MEXC0.7116+5.516%Gate0.7118+5.546%KuCoin0.7119+5.560%BloFin0.7119+5.560%Backpack0.7120+5.575%Polymarket Perps0.7121+5.587%Bitget0.7121+5.590%Aster0.7123+5.615%Kraken Futures0.7124+5.627%Pacifica0.7124+5.636%Hyperliquid0.7128+5.694%ApeX Omni0.7129+5.709%edgeX0.7131+5.735%Coinbase International0.7141+5.887%
Reya
Binance
Variational Omni
Deribit
GMX
Orderly
gTrade (Gains Network)
MEXC
Gate
KuCoin
BloFin
Backpack
Polymarket Perps
Bitget
Aster
Kraken Futures
Pacifica
Hyperliquid
ApeX 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 | −5.161% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| SunX VIRTUAL-USDT | −0.028% | +0.0100% | 4h | $2K | $1.2M | 20x | as long as short |
| Lighter VIRTUAL | −0.011% | +0.0096% | 1h | $329K | $323K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.008% | +0.0104% | 1h | $56K | $244K | 10x | as long as short |
| Phoenix VIRTUAL | −0.003% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| Bybit VIRTUALUSDT | 0.000% | +0.0100% | 4h | $15.7M | $15.7M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $2.8M | $10.3M | 20x | |
| Aevo VIRTUAL-PERP | +0.014% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| BingX VIRTUAL-USDT | +0.014% | +0.0100% | 4h | — | $8.3M | — | as long as short |
| SoDEX VIRTUAL-USDshort | +0.014% | +0.0100% | 1h | $208 | $8K | 5x |