Spread before costs (cost unknown: a leg has no order-book sample)+0.047%
7d average+0.046%if it closes, per $10,000$5funding while held, a day+$7.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni VIRTUAL | 0.7025 | −0.0136 | get 0.0068% / 4h | 59m 37s | $529K | $847K | — |
| Short | Bitget VIRTUALUSDT | 0.7028 | 0.0100 | get 0.0050% / 4h | 59m 37s | $6.0M | $5.2M | 25x |
Variational Omni VIRTUAL
Bitget VIRTUALUSDTPrice 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
- $4.73
- Funding while held
- $7.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$0.18
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; Bitget: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0236%
- Per $10,000 a day
- +$7.09
- 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, 36 min ago | 4.29 bp | doesn't fit | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.42 bp | 12.5 bp −$12 | 28.4 bp −$284 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6992cheapestBybit0.7020+0.400%Extended0.7022+0.427%Lighter0.7022+0.432%BingX0.7024+0.458%
Injective
Bybit
Extended
Lighter
BingXVariational Omni0.7025+0.467%
OKX0.7025+0.472%MEXC0.7025+0.472%Binance0.7026+0.483%01 Exchange0.7026+0.486%BloFin0.7026+0.486%SoDEX0.7026+0.493%Reya0.7027+0.496%Gate0.7027+0.501%Aevo0.7027+0.508%Pacifica0.7028+0.513%KuCoin0.7028+0.515%
OKX
MEXC
Binance
BloFin
SoDEX
Reya
Gate
Aevo
Pacifica
KuCoinBitget0.7028+0.515%
Orderly0.7028+0.515%Deribit0.7028+0.515%GMX0.7029+0.534%gTrade (Gains Network)0.7030+0.542%SunX0.7030+0.543%Polymarket Perps0.7030+0.551%Backpack0.7031+0.558%Aster0.7031+0.564%ApeX Omni0.7032+0.572%Hyperliquid0.7035+0.608%Kraken Futures0.7040+0.683%edgeX0.7041+0.695%Phoenix0.7041+0.701%Coinbase International0.7045+0.758%
Orderly
Deribit
GMX
gTrade (Gains Network)
SunX
Polymarket Perps
Backpack
Aster
ApeX Omni
Hyperliquid
Kraken Futures
Phoenix
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 | −0.465% | +0.0033% | 1h | $45 | $56K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.067% | −0.0057% | 4h | $15.2M | $15.4M | 50x | as long as short |
| Extended VIRTUAL-USD | −0.040% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| Lighter VIRTUAL | −0.035% | −0.0136% | 1h | $319K | $389K | 5x | as long as short |
| BingX VIRTUAL-USDT | −0.010% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Variational Omni VIRTUALlong | 0.000% | −0.0136% | 4h | $529K | $847K | — | |
| OKX VIRTUAL-USDT-SWAP | +0.005% | +0.0100% | 4h | $2.7M | $9.4M | 20x | as long as short |
| MEXC VIRTUAL_USDT | +0.005% | +0.0100% | 4h | $16.2M | $3.8M | 100x | as long as short |
| Binance VIRTUALUSDT | +0.016% | +0.0100% | 4h | $16.0M | $35.8M | 75x | as long as short |
| 01 Exchange VIRTUALUSD | +0.019% | −0.0128% | 1h | $2K | $131 | 10x | as long as short |