Spread before costs (cost unknown: a leg has no order-book sample)−0.099%
7d average—if it closes, per $10,000$10funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica VIRTUAL | 0.7121 | 0.0100 | pay 0.0013% / 1h | 30m 49s | $73K | $41K | 5x |
| Short | MEXC VIRTUAL_USDT | 0.7114 | 0.0100 | get 0.0050% / 4h | 3h 30m | $16.0M | $4.1M | 100x |
Price 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
- −$9.94
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$17.94
- Spread needed to break even
- 0.080%
Slippage unknown: Pacifica: no order-book sample; MEXC: live order book, 4 min ago. 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 0.70 bp | 3.2 bp −$3 | 10.3 bp −$103 | 79.7 bp −$7,966 | 249.6 bp −$124.8K |
Pacifica: 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.VIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −5.295% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.404% | −0.0090% | 1h | $11K | $46K | 5x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.394% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Variational Omni VIRTUAL | −0.276% | +0.0038% | 4h | $599K | $803K | — | as long as short |
| edgeX VIRTUALUSDC | −0.255% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.226% | −0.0176% | 1h | $2K | $131 | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.099% | +0.0100% | 4h | $15.7M | $16.0M | 50x | as long as short |
| MEXC VIRTUAL_USDTshort | −0.099% | +0.0100% | 4h | $16.0M | $4.1M | 100x | |
| BingX VIRTUAL-USDT | −0.099% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Extended VIRTUAL-USD | −0.093% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
Pacifica VIRTUAL
MEXC VIRTUAL_USDT
Injective
Phoenix
ApeX Omni
Variational Omni
Bybit
BingX
Extended
Binance
OKX
Lighter
Gate
BloFin
SoDEX
KuCoin
Bitget
SunX
Aster
Backpack
Deribit
GMX
gTrade (Gains Network)
Polymarket Perps
Hyperliquid
Kraken Futures
Coinbase International