Spread before costs (cost unknown: a leg has no order-book sample)+0.044%
7d average—if it closes, per $10,000$4funding while held, a day−$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps VIRTUAL-USD | 0.7059 | 0.0100 | pay 0.0013% / 1h | 21m 14s | $37K | $803K | 5x |
| Short | gTrade (Gains Network) VIRTUAL/USD | 0.7062 | L +0.0007% / S −0.0004% | get 0.0000% / 1h | 21m 14s | $12K | — | 150x |
Polymarket Perps VIRTUAL-USD
gTrade (Gains Network) 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
- $4.36
- Funding while held
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$16.52
- Spread needed to break even
- 0.180%
Slippage unknown: Polymarket Perps: live order book, 23 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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, 23 min ago | 1.33 bp | 5.3 bp −$5 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Injective0.6744cheapestBybit0.7049+4.523%MEXC0.7052+4.567%SoDEX0.7052+4.567%Binance0.7053+4.580%01 Exchange0.7053+4.582%Aevo0.7053+4.588%Extended0.7054+4.596%Orderly0.7054+4.597%Reya0.7054+4.598%OKX0.7055+4.612%BingX0.7055+4.612%Deribit0.7055+4.612%KuCoin0.7056+4.626%Gate0.7057+4.641%Lighter0.7058+4.650%SunX0.7058+4.656%Bitget0.7059+4.671%
Injective
Bybit
MEXC
SoDEX
Binance
Aevo
Extended
Orderly
Reya
OKX
BingX
Deribit
KuCoin
Gate
Lighter
SunX
BitgetPolymarket Perps0.7059+4.674%
GMX0.7060+4.687%
GMXgTrade (Gains Network)0.7062+4.719%
Aster0.7063+4.730%Pacifica0.7064+4.740%Hyperliquid0.7065+4.760%Kraken Futures0.7067+4.782%Backpack0.7069+4.819%BloFin0.7069+4.819%edgeX0.7070+4.834%Phoenix0.7074+4.899%Coinbase International0.7081+4.997%Variational Omni0.7090+5.125%ApeX Omni0.7093+5.175%
Aster
Pacifica
Hyperliquid
Kraken Futures
Backpack
BloFin
Phoenix
Coinbase International
Variational Omni
ApeX OmniVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.465% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.144% | +0.0008% | 4h | $15.6M | $15.9M | 50x | as long as short |
| MEXC VIRTUAL_USDT | −0.102% | +0.0100% | 4h | $15.9M | $4.1M | 100x | as long as short |
| SoDEX VIRTUAL-USD | −0.102% | −0.0172% | 1h | $406 | $8K | 5x | as long as short |
| Binance VIRTUALUSDT | −0.089% | +0.0100% | 4h | $16.4M | $36.9M | 75x | as long as short |
| 01 Exchange VIRTUALUSD | −0.088% | −0.0208% | 1h | $2K | $131 | 10x | as long as short |
| Aevo VIRTUAL-PERP | −0.082% | +0.0104% | 1h | $18K | $505 | 3x | as long as short |
| Extended VIRTUAL-USD | −0.074% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.074% | +0.0059% | 4h | $14K | $1.5M | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.073% | −0.0139% | 1h | $24 | — | 10x | as long as short |