After costs, if the gap returns to its 7d average, $10k−$23
spread now−0.056%7d average−0.030%fees + slippage, in and out−$20spread needed0.204%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps VIRTUAL-USD | 0.7020 | 0.0100 | pay 0.0013% / 1h | 39m 57s | $33K | $765K | 5x |
| Short | MEXC VIRTUAL_USDT | 0.7016 | 0.0100 | get 0.0050% / 4h | 1h 39m | $15.9M | $3.8M | 100x |
Polymarket Perps VIRTUAL-USD
MEXC 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
- −$5.56
- Funding while held
- $0
- Slippage, 4 orders
- −$12.39
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$25.95
- Spread needed to break even
- 0.204%
Slippage from Polymarket Perps: live order book, 59 min ago; MEXC: live order book, 5 min ago.
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 Polymarket Perps live order book, 59 min ago | 2.84 bp | 7.1 bp −$7 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.71 bp | 2.0 bp −$2 | 7.7 bp −$77 | 72.2 bp −$7,219 | 260.4 bp −$130.2K |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest01 Exchange0.7011+3.959%Bybit0.7012+3.974%BloFin0.7012+3.974%Lighter0.7013+3.983%OKX0.7014+4.004%Extended0.7014+4.005%Gate0.7015+4.018%Binance0.7015+4.023%
Injective
Bybit
BloFin
Lighter
OKX
Extended
Gate
BinanceMEXC0.7016+4.033%
BingX0.7016+4.033%SoDEX0.7016+4.033%Reya0.7017+4.041%Variational Omni0.7017+4.045%edgeX0.7018+4.057%Phoenix0.7018+4.057%Aevo0.7018+4.064%Pacifica0.7018+4.065%KuCoin0.7019+4.078%Deribit0.7019+4.078%
BingX
SoDEX
Reya
Variational Omni
Phoenix
Aevo
Pacifica
KuCoin
DeribitPolymarket Perps0.7020+4.091%
Backpack0.7020+4.093%ApeX Omni0.7020+4.093%Orderly0.7020+4.093%SunX0.7020+4.093%Aster0.7021+4.107%Bitget0.7021+4.107%gTrade (Gains Network)0.7022+4.118%GMX0.7022+4.125%Hyperliquid0.7026+4.176%Kraken Futures0.7027+4.203%Coinbase International0.7033+4.285%
Backpack
ApeX Omni
Orderly
SunX
Aster
Bitget
gTrade (Gains Network)
GMX
Hyperliquid
Kraken Futures
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 | −3.930% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.127% | −0.0184% | 1h | $2K | $131 | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.113% | −0.0158% | 4h | $15.3M | $15.5M | 50x | as long as short |
| BloFin VIRTUAL-USDT | −0.113% | +0.0340% | 4h | $807K | $762K | 75x | as long as short |
| Lighter VIRTUAL | −0.104% | −0.0352% | 1h | $319K | $389K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.084% | +0.0100% | 4h | $2.7M | $9.6M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.082% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| Gate VIRTUAL_USDT | −0.070% | +0.0060% | 4h | $1.4M | $3.1M | 75x | as long as short |
| Binance VIRTUALUSDT | −0.065% | +0.0100% | 4h | $15.8M | $36.0M | 75x | as long as short |
| MEXC VIRTUAL_USDTshort | −0.056% | +0.0100% | 4h | $15.9M | $3.8M | 100x |