Spread before costs (cost unknown: a leg has no order-book sample)−0.001%
7d average—if it closes, per $10,000$0funding while held, a day−$7.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica VIRTUAL | 0.7067 | 0.0100 | pay 0.0013% / 1h | 14m 14s | $73K | $42K | 5x |
| Short | Reya VIRTUALRUSDPERP | 0.7067 | −0.0139 | pay 0.0017% / 1h | 14m 14s | $24 | — | 10x |
Pacifica VIRTUAL
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
- −$0.11
- Funding while held
- −$7.18
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$21.29
- Spread needed to break even
- 0.140%
Slippage unknown: Pacifica: no order-book sample; 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Pacifica and 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.Injective0.6744cheapestPhoenix0.7025+4.168%edgeX0.7033+4.292%Variational Omni0.7035+4.313%ApeX Omni0.7042+4.419%BloFin0.7052+4.567%Backpack0.7061+4.700%OKX0.7064+4.745%MEXC0.7064+4.745%Lighter0.7064+4.748%01 Exchange0.7065+4.760%Gate0.7065+4.760%Bybit0.7066+4.775%Extended0.7066+4.776%Aevo0.7066+4.778%SoDEX0.7066+4.779%Binance0.7067+4.785%
Injective
Phoenix
Variational Omni
ApeX Omni
BloFin
Backpack
OKX
MEXC
Lighter
Gate
Bybit
Extended
Aevo
SoDEX
BinanceReya0.7067+4.788%
Pacifica0.7067+4.789%
BingX0.7067+4.789%Orderly0.7067+4.789%KuCoin0.7068+4.804%Deribit0.7068+4.804%SunX0.7069+4.819%Coinbase International0.7069+4.819%GMX0.7069+4.823%Aster0.7069+4.824%gTrade (Gains Network)0.7070+4.830%Bitget0.7071+4.849%Polymarket Perps0.7071+4.850%Hyperliquid0.7073+4.872%Kraken Futures0.7079+4.963%
BingX
Orderly
KuCoin
Deribit
SunX
Coinbase International
GMX
Aster
gTrade (Gains Network)
Bitget
Polymarket Perps
Hyperliquid
Kraken FuturesVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.571% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.593% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.475% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| Variational Omni VIRTUAL | −0.454% | −0.0022% | 4h | $592K | $801K | — | as long as short |
| ApeX Omni VIRTUALUSDT | −0.354% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| BloFin VIRTUAL-USDT | −0.212% | +0.0340% | 4h | $838K | $777K | 75x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.085% | +0.0100% | 1h | $235K | $169K | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.042% | +0.0100% | 4h | $2.8M | $10.4M | 20x | as long as short |
| MEXC VIRTUAL_USDT | −0.042% | +0.0100% | 4h | $15.9M | $4.0M | 100x | as long as short |
| Lighter VIRTUAL | −0.040% | +0.0096% | 1h | $324K | $364K | 5x | as long as short |