Spread before costs (cost unknown: a leg has no order-book sample)+0.607%
7d average—if it closes, per $10,000$61funding while held, a day+$18.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya VIRTUALRUSDPERP | 0.6991 | −0.0139 | get 0.0017% / 1h | 33m 19s | $23 | — | 10x |
| Short | Coinbase International VIRTUAL-PERP-INTX | 0.7033 | 0.0472 | get 0.0059% / 1h | 33m 19s | $191K | $116K | 50x |
Reya VIRTUALRUSDPERP
Coinbase International VIRTUAL-PERP-INTXPrice 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
- $60.72
- Funding while held
- $18.34
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $63.06
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0611%
- Per $10,000 a day
- +$18.34
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 6.43 bp | 21.9 bp −$22 | 433.3 bp −$4,333 | doesn't fit | doesn't fit |
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.Injective0.6744cheapestBybit0.6986+3.588%Lighter0.6989+3.631%OKX0.6989+3.633%Extended0.6990+3.643%Binance0.6990+3.646%BingX0.6990+3.648%ApeX Omni0.6990+3.648%
Injective
Bybit
Lighter
OKX
Extended
Binance
BingX
ApeX OmniReya0.6991+3.656%
01 Exchange0.6991+3.663%Orderly0.6991+3.663%Gate0.6992+3.677%MEXC0.6992+3.677%BloFin0.6992+3.677%edgeX0.6993+3.688%GMX0.6993+3.691%gTrade (Gains Network)0.6994+3.711%Polymarket Perps0.6995+3.716%Bitget0.6995+3.722%SoDEX0.6996+3.729%Pacifica0.6996+3.737%Aster0.6996+3.739%KuCoin0.6997+3.751%Aevo0.6997+3.755%Deribit0.6998+3.766%Backpack0.6999+3.781%Variational Omni0.7000+3.792%Hyperliquid0.7000+3.802%SunX0.7002+3.826%Phoenix0.7002+3.830%Kraken Futures0.7007+3.901%
Orderly
Gate
MEXC
BloFin
GMX
gTrade (Gains Network)
Polymarket Perps
Bitget
SoDEX
Pacifica
Aster
KuCoin
Aevo
Deribit
Backpack
Variational Omni
Hyperliquid
SunX
Phoenix
Kraken FuturesCoinbase International0.7033+4.285%
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 | −3.527% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.065% | −0.0175% | 4h | $15.2M | $15.5M | 50x | as long as short |
| Lighter VIRTUAL | −0.024% | −0.0304% | 1h | $317K | $389K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.022% | +0.0100% | 4h | $2.7M | $9.5M | 20x | as long as short |
| Extended VIRTUAL-USD | −0.012% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| Binance VIRTUALUSDT | −0.010% | +0.0100% | 4h | $15.8M | $35.8M | 75x | as long as short |
| BingX VIRTUAL-USDT | −0.008% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| ApeX Omni VIRTUALUSDT | −0.008% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Reya VIRTUALRUSDPERPlong | 0.000% | −0.0139% | 1h | $23 | — | 10x | |
| 01 Exchange VIRTUALUSD | +0.006% | −0.0168% | 1h | $2K | $131 | 10x | as long as short |