Spread before costs (cost unknown: a leg has no order-book sample)+0.046%
7d average—if it closes, per $10,000$5funding while held, a day+$7.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya VIRTUALRUSDPERP | 0.6993 | −0.0139 | get 0.0017% / 1h | 31m 19s | $23 | — | 10x |
| Short | Polymarket Perps VIRTUAL-USD | 0.6997 | 0.0100 | get 0.0013% / 1h | 31m 19s | $33K | $765K | 5x |
Reya VIRTUALRUSDPERP
Polymarket Perps 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
- $4.61
- Funding while held
- $7.18
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$2.21
- Spread needed to break even
- 0.140%
Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0239%
- Per $10,000 a day
- +$7.18
- 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 Polymarket Perps live order book, 3 min ago | 0.07 bp | 9.2 bp −$9 | 9.2 bp −$92 | 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.Injective0.6744cheapestLighter0.6990+3.655%Bybit0.6991+3.663%edgeX0.6991+3.664%OKX0.6993+3.692%01 Exchange0.6993+3.692%MEXC0.6993+3.692%BingX0.6993+3.692%BloFin0.6993+3.692%
Injective
Lighter
Bybit
OKX
MEXC
BingX
BloFinReya0.6993+3.698%
Gate0.6994+3.707%ApeX Omni0.6994+3.707%Binance0.6994+3.708%Extended0.6995+3.716%Orderly0.6995+3.722%SoDEX0.6995+3.722%Aevo0.6996+3.732%Backpack0.6996+3.737%GMX0.6996+3.742%
Gate
ApeX Omni
Binance
Extended
Orderly
SoDEX
Aevo
Backpack
GMXPolymarket Perps0.6997+3.746%
Deribit0.6997+3.751%Pacifica0.6998+3.762%Aster0.6998+3.766%KuCoin0.6998+3.766%Bitget0.6998+3.766%gTrade (Gains Network)0.6998+3.766%SunX0.6998+3.766%Variational Omni0.7000+3.792%Hyperliquid0.7002+3.826%Phoenix0.7002+3.830%Kraken Futures0.7005+3.871%Coinbase International0.7033+4.285%
Deribit
Pacifica
Aster
KuCoin
Bitget
gTrade (Gains Network)
SunX
Variational Omni
Hyperliquid
Phoenix
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 | −3.566% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Lighter VIRTUAL | −0.041% | −0.0288% | 1h | $318K | $389K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.034% | −0.0175% | 4h | $15.2M | $15.4M | 50x | as long as short |
| edgeX VIRTUALUSDC | −0.033% | +0.0100% | 4h | $18K | $257K | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.005% | +0.0100% | 4h | $2.7M | $9.5M | 20x | as long as short |
| 01 Exchange VIRTUALUSD | −0.005% | −0.0160% | 1h | $2K | $131 | 10x | as long as short |
| MEXC VIRTUAL_USDT | −0.005% | +0.0100% | 4h | $15.8M | $3.9M | 100x | as long as short |
| BingX VIRTUAL-USDT | −0.005% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| BloFin VIRTUAL-USDT | −0.005% | +0.0340% | 4h | $809K | $763K | 75x | as long as short |
| Reya VIRTUALRUSDPERPlong | 0.000% | −0.0139% | 1h | $23 | — | 10x |