Settings8H · net · $10k
Funding arb · Price arb /

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0095%/8h= −10.4% APRnext payment $0.12 per $10,000 · paid last 24h −0.022%
Price spread now: gTrade (Gains Network) against SoDEX+0.031%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.031% dearer against SoDEX than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX VIRTUAL-USD0.71520.0100pay 0.0013% / 1h14m 37s$1K$9K5x
ShortgTrade (Gains Network) VIRTUAL/USD0.7154L +0.0007% / S −0.0005%get 0.0001% / 1h14m 37s$14K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$19.91
Price spread: +0.031% → 0.000%
$3.08
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$34.83
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell gTrade (Gains Network) no order-book sample
SoDEX and gTrade (Gains Network): 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 on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya VIRTUALRUSDPERP−0.0139%1h0.7152−0.003%$2410xas long as short
01 Exchange VIRTUALUSD−0.0088%1h0.7157+0.073%$2K$13110xas long as short
Lighter VIRTUAL−0.0072%1h0.7149−0.038%$325K$415K5xas long as short
Phoenix VIRTUAL−0.0034%1h0.7154+0.031%$11K$37K5xas long as short
gTrade (Gains Network) VIRTUAL/USDshortL +0.0007% / S −0.0005%1h0.7154+0.031%$14K150x
Deribit VIRTUAL_USDC-PERPETUAL+0.0030%1h0.7155+0.045%$15K$40K10xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−0.487%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0090%4h0.7152+0.003%$14K$1.4M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7159+0.103%$8.8M$4.1M5xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7152+0.008%$96K$293K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUAL+0.0100%1h0.7154+0.030%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7153+0.016%$16.2M$40.6M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7149−0.039%$16.5M$18.4M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7152+0.003%$2.8M$9.9M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7152+0.003%$1.5M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7154+0.031%$17.4M$4.5M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7155+0.045%$2.9M$4.3M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7154+0.031%$6.1M$5.8M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7153+0.017%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7155+0.045%$239K$208K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7148−0.050%$535K$913Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7156+0.058%$19K$261K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7159+0.101%$634K$900K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7153+0.017%$40K$239K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7159+0.106%$54K$1.1M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7153+0.017%$1K$1.3M20xas long as short
SoDEX VIRTUAL-USDlong+0.0100%1h0.7152long leg$1K$9K5x
Extended VIRTUAL-USD+0.0104%1h0.7151−0.014%$54K$265K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7151−0.005%$18K3xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0316% / S −0.0265%1h0.7153+0.012%$33K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7157+0.073%$802K$897K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0416%1h0.7184+0.450%$201K$105K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0801%1h0.7161+0.134%$592K$662K50xas long as short