Spread before costs (cost unknown: a leg has no order-book sample)−0.175%
7d average—if it closes, per $10,000$17funding while held, a day−$7.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX VIRTUAL-USD | 0.6994 | 0.0100 | pay 0.0013% / 1h | 20m 40s | $1K | $9K | 5x |
| Short | Reya VIRTUALRUSDPERP | 0.6981 | −0.0139 | pay 0.0017% / 1h | 20m 40s | $23 | — | 10x |
SoDEX VIRTUAL-USD
Reya VIRTUALRUSDPERPPrice 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
- −$17.46
- Funding while held
- −$7.18
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$38.64
- Spread needed to break even
- 0.140%
Slippage unknown: SoDEX: no order-book sample; Reya: no order-book sample. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
SoDEX and 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.edgeX0.6980cheapest
Reya0.6981+0.014%
Polymarket Perps0.6984+0.055%SunX0.6986+0.081%GMX0.6987+0.098%Phoenix0.6988+0.117%gTrade (Gains Network)0.6989+0.117%Variational Omni0.6989+0.121%01 Exchange0.6990+0.138%ApeX Omni0.6991+0.153%Injective0.6992+0.167%Backpack0.6993+0.181%BloFin0.6993+0.181%
Polymarket Perps
SunX
GMX
Phoenix
gTrade (Gains Network)
Variational Omni
ApeX Omni
Injective
Backpack
BloFinSoDEX0.6994+0.189%
Lighter0.6994+0.196%Orderly0.6994+0.196%Deribit0.6994+0.196%Aevo0.6994+0.201%Bybit0.6995+0.210%MEXC0.6997+0.239%Binance0.6997+0.242%Aster0.6998+0.246%OKX0.6998+0.253%KuCoin0.6998+0.253%BingX0.6998+0.253%Extended0.6999+0.265%Gate0.6999+0.267%Pacifica0.7000+0.275%Bitget0.7002+0.310%Hyperliquid0.7005+0.348%Kraken Futures0.7006+0.371%Coinbase International0.7033+0.754%
Lighter
Orderly
Deribit
Aevo
Bybit
MEXC
Binance
Aster
OKX
KuCoin
BingX
Extended
Gate
Pacifica
Bitget
Hyperliquid
Kraken Futures
Coinbase InternationalVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX VIRTUALUSDC | −0.188% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| Reya VIRTUALRUSDPERPshort | −0.175% | −0.0139% | 1h | $23 | — | 10x | |
| Polymarket Perps VIRTUAL-USD | −0.133% | +0.0100% | 1h | $33K | $764K | 5x | as long as short |
| SunX VIRTUAL-USDT | −0.107% | +0.0100% | 4h | $2K | $1.2M | 20x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC] | −0.090% | L +0.0296% / S −0.0228% | 1h | $29K | — | 100x | as long as short |
| Phoenix VIRTUAL | −0.071% | −0.0138% | 1h | $11K | $48K | 5x | as long as short |
| gTrade (Gains Network) VIRTUAL/USD | −0.071% | L +0.0007% / S −0.0004% | 1h | $12K | — | 150x | as long as short |
| Variational Omni VIRTUAL | −0.067% | −0.0164% | 4h | $525K | $847K | — | as long as short |
| 01 Exchange VIRTUALUSD | −0.050% | −0.0144% | 1h | $2K | $131 | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.036% | +0.0100% | 1h | $40K | $240K | 50x | as long as short |