Spread before costs (cost unknown: a leg has no order-book sample)+0.021%
7d average—if it closes, per $10,000$2funding while held, a day+$9.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX VIRTUAL-USD | 0.7009 | 0.0031 | pay 0.0004% / 1h | 16m 53s | $1K | $9K | 5x |
| Short | BloFin VIRTUAL-USDT | 0.7011 | 0.0340 | get 0.0170% / 4h | 2h 16m | $817K | $761K | 75x |
SoDEX VIRTUAL-USD
BloFin 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
- $2.14
- Funding while held
- $9.26
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8.6
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 21 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0309%
- Per $10,000 a day
- +$9.26
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 21 min ago | 2.84 bp | 12.5 bp −$12 | 27.9 bp −$279 | 66.8 bp −$6,675 | doesn't fit |
SoDEX: 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.Injective0.6744cheapestLighter0.7006+3.889%
Injective
LighterSoDEX0.7009+3.937%
Aevo0.7010+3.947%
AevoBloFin0.7011+3.959%
Reya0.7012+3.967%Bybit0.7012+3.974%OKX0.7012+3.974%01 Exchange0.7012+3.974%Orderly0.7012+3.974%Deribit0.7013+3.989%Phoenix0.7013+3.990%Gate0.7014+4.004%BingX0.7014+4.004%SunX0.7014+4.004%Aster0.7014+4.007%GMX0.7014+4.010%gTrade (Gains Network)0.7015+4.013%Extended0.7015+4.013%Binance0.7015+4.018%MEXC0.7015+4.018%Variational Omni0.7015+4.020%KuCoin0.7017+4.048%Bitget0.7017+4.048%ApeX Omni0.7017+4.048%Polymarket Perps0.7017+4.051%Pacifica0.7017+4.052%Backpack0.7018+4.063%edgeX0.7020+4.093%Kraken Futures0.7021+4.106%Hyperliquid0.7022+4.115%Coinbase International0.7113+5.472%
Reya
Bybit
OKX
Orderly
Deribit
Phoenix
Gate
BingX
SunX
Aster
GMX
gTrade (Gains Network)
Extended
Binance
MEXC
Variational Omni
KuCoin
Bitget
ApeX Omni
Polymarket Perps
Pacifica
Backpack
Kraken Futures
Hyperliquid
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 | −3.788% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Lighter VIRTUAL | −0.046% | −0.0104% | 1h | $318K | $389K | 5x | as long as short |
| SoDEX VIRTUAL-USDlong | 0.000% | +0.0031% | 1h | $1K | $9K | 5x | |
| Aevo VIRTUAL-PERP | +0.010% | +0.0104% | 1h | $17K | $505 | 3x | as long as short |
| BloFin VIRTUAL-USDTshort | +0.021% | +0.0340% | 4h | $817K | $761K | 75x | |
| Reya VIRTUALRUSDPERP | +0.029% | −0.0139% | 1h | $23 | — | 10x | as long as short |
| Bybit VIRTUALUSDT | +0.036% | −0.0238% | 4h | $15.4M | $15.3M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.036% | +0.0100% | 4h | $2.7M | $9.8M | 20x | as long as short |
| 01 Exchange VIRTUALUSD | +0.036% | −0.0168% | 1h | $2K | $131 | 10x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.036% | +0.0060% | 4h | $14K | $1.5M | 10x | as long as short |