Spread before costs (cost unknown: a leg has no order-book sample)−3.534%
7d average—if it closes, per $10,000$353funding while held, a day+$5.18
| 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 | 34m 53s | $23 | — | 10x |
| Short | Injective VIRTUAL/USDC PERP | 0.6744 | 0.0033 | get 0.0004% / 1h | 34m 53s | $43 | $28K | 5.5x |
Reya VIRTUALRUSDPERP
Injective VIRTUAL/USDC PERPPrice 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
- −$353.39
- Funding while held
- $5.18
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$354.23
- Spread needed to break even
- 0.060%
Slippage unknown: Reya: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0173%
- Per $10,000 a day
- +$5.18
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Reya and Injective: 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.Injective0.6744cheapest
Extended0.6985+3.570%Lighter0.6985+3.578%Bybit0.6987+3.603%Gate0.6987+3.603%Bitget0.6989+3.633%OKX0.6990+3.648%01 Exchange0.6990+3.648%MEXC0.6990+3.648%KuCoin0.6990+3.648%BingX0.6990+3.648%SoDEX0.6991+3.658%Binance0.6991+3.663%
Extended
Lighter
Bybit
Gate
Bitget
OKX
MEXC
KuCoin
BingX
SoDEX
BinanceReya0.6991+3.663%
Backpack0.6992+3.677%Orderly0.6992+3.677%BloFin0.6992+3.677%Aevo0.6992+3.678%Deribit0.6994+3.707%Polymarket Perps0.6994+3.710%Aster0.6994+3.711%GMX0.6995+3.724%gTrade (Gains Network)0.6996+3.736%SunX0.6996+3.737%Hyperliquid0.6998+3.760%Pacifica0.6999+3.781%Variational Omni0.7000+3.792%Kraken Futures0.7002+3.823%Phoenix0.7002+3.830%ApeX Omni0.7013+3.989%edgeX0.7013+3.993%Coinbase International0.7033+4.285%
Backpack
Orderly
BloFin
Aevo
Deribit
Polymarket Perps
Aster
GMX
gTrade (Gains Network)
SunX
Hyperliquid
Pacifica
Variational Omni
Kraken Futures
Phoenix
ApeX Omni
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 PERPshort | −3.534% | +0.0033% | 1h | $43 | $28K | 5.5x | |
| Extended VIRTUAL-USD | −0.090% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| Lighter VIRTUAL | −0.082% | −0.0320% | 1h | $317K | $389K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.058% | −0.0181% | 4h | $15.2M | $15.5M | 50x | as long as short |
| Gate VIRTUAL_USDT | −0.058% | +0.0046% | 4h | $1.4M | $3.1M | 75x | as long as short |
| Bitget VIRTUALUSDT | −0.029% | +0.0100% | 4h | $5.9M | $5.3M | 25x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.015% | +0.0100% | 4h | $2.7M | $9.5M | 20x | as long as short |
| 01 Exchange VIRTUALUSD | −0.015% | −0.0176% | 1h | $2K | $131 | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.015% | +0.0100% | 4h | $15.8M | $3.9M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | −0.015% | +0.0100% | 4h | $3.0M | $4.1M | 50x | as long as short |