After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.004%7d average−0.012%fees + slippage, in and out−$33spread needed0.327%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps VIRTUAL-USD | 0.7081 | 0.0100 | pay 0.0013% / 1h | 10m 00s | $32K | $795K | 5x |
| Short | BloFin VIRTUAL-USDT | 0.7081 | 0.0340 | get 0.0170% / 4h | 10m 00s | $840K | $777K | 75x |
Polymarket Perps VIRTUAL-USD
BloFin VIRTUAL-USDTPrice 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
- $0.42
- Funding while held
- $7.2
- Slippage, 4 orders
- −$12.73
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.11
- Spread needed to break even
- 0.327%
Slippage from Polymarket Perps: live order book, 39 min ago; BloFin: live order book, 38 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0240%
- Per $10,000 a day
- +$7.20
- 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 Polymarket Perps live order book, 39 min ago | 2.10 bp | 6.2 bp −$6 | 6.4 bp −$64 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 2.11 bp | 8.1 bp −$8 | 14.5 bp −$145 | 52.0 bp −$5,199 | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestApeX Omni0.7047+4.493%Phoenix0.7057+4.641%edgeX0.7064+4.745%01 Exchange0.7072+4.864%Lighter0.7074+4.886%Bybit0.7074+4.893%Variational Omni0.7074+4.896%Aevo0.7074+4.900%OKX0.7075+4.908%Reya0.7075+4.911%Binance0.7076+4.923%MEXC0.7076+4.923%Orderly0.7076+4.923%SoDEX0.7077+4.930%Extended0.7077+4.938%Deribit0.7077+4.938%GMX0.7078+4.950%SunX0.7078+4.953%Gate0.7079+4.967%KuCoin0.7079+4.967%Bitget0.7079+4.967%BingX0.7079+4.967%gTrade (Gains Network)0.7080+4.979%Aster0.7080+4.982%
Injective
ApeX Omni
Phoenix
Lighter
Bybit
Variational Omni
Aevo
OKX
Reya
Binance
MEXC
Orderly
SoDEX
Extended
Deribit
GMX
SunX
Gate
KuCoin
Bitget
BingX
gTrade (Gains Network)
AsterPolymarket Perps0.7081+4.993%
Backpack0.7081+4.997%
BackpackBloFin0.7081+4.997%
Pacifica0.7081+4.998%Hyperliquid0.7087+5.086%Coinbase International0.7088+5.101%Kraken Futures0.7092+5.164%
Pacifica
Hyperliquid
Coinbase International
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 | −4.755% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.476% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Phoenix VIRTUAL | −0.335% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.236% | +0.0100% | 4h | $18K | $254K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.123% | −0.0160% | 1h | $2K | $492 | 10x | as long as short |
| Lighter VIRTUAL | −0.102% | +0.0096% | 1h | $324K | $369K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.095% | +0.0100% | 4h | $15.7M | $16.0M | 50x | as long as short |
| Variational Omni VIRTUAL | −0.092% | −0.0002% | 4h | $595K | $801K | — | as long as short |
| Aevo VIRTUAL-PERP | −0.088% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.081% | +0.0100% | 4h | $2.8M | $10.4M | 20x | as long as short |