Spread before costs (cost unknown: a leg has no order-book sample)−0.316%
7d average—if it closes, per $10,000$32funding while held, a day+$2.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni VIRTUAL | 0.7097 | 0.0034 | pay 0.0017% / 4h | 1h 59m | $713K | $595K | — |
| Short | Aevo VIRTUAL-PERP | 0.7075 | 0.0104 | get 0.0013% / 1h | 59m 31s | $18K | $505 | 3x |
Price 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
- −$31.56
- Funding while held
- $2.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$45.47
- Spread needed to break even
- 0.160%
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0070%
- Per $10,000 a day
- +$2.09
- 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 Variational Omni RFQ quote, 61 min ago | 4.23 bp | doesn't fit | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.VIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.975% | +0.0033% | 1h | $43 | $105K | 5.5x | as long as short |
| Extended VIRTUAL-USD | −0.334% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| Backpack VIRTUAL_USDC_PERP | −0.325% | +0.0100% | 1h | $230K | $163K | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.325% | −0.0315% | 1h | $15K | $20K | 10x | as long as short |
| Aevo VIRTUAL-PERPshort | −0.316% | +0.0104% | 1h | $18K | $505 | 3x | |
| BingX VIRTUAL-USDT | −0.311% | +0.0100% | 4h | — | $8.3M | — | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.311% | +0.0078% | 4h | $14K | $1.5M | 10x | as long as short |
| SoDEX VIRTUAL-USD | −0.304% | −0.0016% | 1h | $211 | $8K | 5x | as long as short |
| Phoenix VIRTUAL | −0.297% | −0.0101% | 1h | $11K | $42K | 5x | as long as short |
| Gate VIRTUAL_USDT | −0.282% | +0.0100% | 4h | $1.5M | $2.9M | 75x | as long as short |
Variational Omni VIRTUAL
Injective
Extended
Backpack
Deribit
BingX
SoDEX
Phoenix
Gate
Pacifica
Lighter
Polymarket Perps
GMX
Aster
Binance
SunX
Bybit
OKX
MEXC
Kraken Futures
gTrade (Gains Network)
KuCoin
Bitget
Coinbase International
Hyperliquid
BloFin
ApeX Omni