Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average−0.031%if it closes, per $10,000$0funding while held, a day−$1.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX VIRTUAL-USDT | 0.7119 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $2K | $1.3M | 20x |
| Short | Orderly PERP_VIRTUAL_USDC | 0.7119 | 0.0064 | get 0.0032% / 4h | 3h 30m | $14K | $1.5M | 10x |
SunX VIRTUAL-USDT
Orderly PERP_VIRTUAL_USDCPrice 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
- $0
- Funding while held
- −$1.09
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.09
- Spread needed to break even
- 0.160%
Slippage unknown: SunX: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.09
- 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 SunX live order book, 9 min ago | 500.46 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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
Phoenix0.7092+5.165%ApeX Omni0.7093+5.175%Variational Omni0.7101+5.299%edgeX0.7103+5.323%01 Exchange0.7105+5.353%Bybit0.7114+5.486%MEXC0.7114+5.486%BingX0.7114+5.486%Extended0.7114+5.493%Binance0.7115+5.501%OKX0.7115+5.501%Lighter0.7115+5.504%Gate0.7116+5.516%BloFin0.7116+5.516%SoDEX0.7116+5.519%Aevo0.7116+5.523%Reya0.7118+5.547%KuCoin0.7119+5.560%Bitget0.7119+5.560%
Injective
Phoenix
ApeX Omni
Variational Omni
Bybit
MEXC
BingX
Extended
Binance
OKX
Lighter
Gate
BloFin
SoDEX
Aevo
Reya
KuCoin
BitgetOrderly0.7119+5.560%
SunX0.7119+5.560%
Pacifica0.7121+5.591%Aster0.7122+5.599%Backpack0.7122+5.605%Deribit0.7122+5.605%GMX0.7123+5.614%gTrade (Gains Network)0.7123+5.618%Polymarket Perps0.7124+5.632%Hyperliquid0.7125+5.644%Kraken Futures0.7128+5.697%Coinbase International0.7131+5.738%
Pacifica
Aster
Backpack
Deribit
GMX
gTrade (Gains Network)
Polymarket Perps
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 | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −5.268% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.375% | −0.0090% | 1h | $11K | $46K | 5x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.365% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| Variational Omni VIRTUAL | −0.247% | +0.0038% | 4h | $599K | $803K | — | as long as short |
| edgeX VIRTUALUSDC | −0.225% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.197% | −0.0176% | 1h | $2K | $131 | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.070% | +0.0100% | 4h | $15.7M | $16.0M | 50x | as long as short |
| MEXC VIRTUAL_USDT | −0.070% | +0.0100% | 4h | $16.0M | $4.1M | 100x | as long as short |
| BingX VIRTUAL-USDT | −0.070% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Extended VIRTUAL-USD | −0.063% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |