Spread before costs (cost unknown: a leg has no order-book sample)+0.495%
7d average—if it closes, per $10,000$49funding while held, a day+$0.77
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni VIRTUAL | 0.7035 | −0.0022 | get 0.0011% / 4h | 13m 54s | $592K | $801K | — |
| Short | gTrade (Gains Network) VIRTUAL/USD | 0.7070 | L +0.0007% / S −0.0004% | get 0.0001% / 1h | 13m 54s | $12K | — | 150x |
Variational Omni VIRTUAL
gTrade (Gains Network) VIRTUAL/USDPrice 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
- $49.48
- Funding while held
- $0.77
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $40.25
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0026%
- Per $10,000 a day
- +$0.77
- 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, 37 min ago | 3.50 bp | doesn't fit | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestPhoenix0.7025+4.168%edgeX0.7033+4.292%
Injective
PhoenixVariational Omni0.7035+4.313%
ApeX Omni0.7042+4.419%BloFin0.7052+4.567%OKX0.7064+4.745%Lighter0.7064+4.748%Extended0.7065+4.759%01 Exchange0.7065+4.760%Binance0.7066+4.770%Bybit0.7066+4.775%Gate0.7066+4.775%MEXC0.7066+4.775%Aevo0.7066+4.778%SoDEX0.7066+4.779%Reya0.7067+4.788%Pacifica0.7067+4.789%BingX0.7067+4.789%Orderly0.7067+4.789%KuCoin0.7068+4.804%Backpack0.7068+4.804%Deribit0.7068+4.804%Bitget0.7069+4.819%SunX0.7069+4.819%Coinbase International0.7069+4.819%GMX0.7069+4.823%
ApeX Omni
BloFin
OKX
Lighter
Extended
Binance
Bybit
Gate
MEXC
Aevo
SoDEX
Reya
Pacifica
BingX
Orderly
KuCoin
Backpack
Deribit
Bitget
SunX
Coinbase International
GMXgTrade (Gains Network)0.7070+4.830%
Aster0.7070+4.835%Polymarket Perps0.7071+4.850%Hyperliquid0.7074+4.889%Kraken Futures0.7079+4.963%
Aster
Polymarket Perps
Hyperliquid
Kraken FuturesVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −4.135% | +0.0033% | 1h | $43 | $70K | 5.5x | as long as short |
| Phoenix VIRTUAL | −0.139% | −0.0113% | 1h | $11K | $42K | 5x | as long as short |
| edgeX VIRTUALUSDC | −0.020% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| Variational Omni VIRTUALlong | 0.000% | −0.0022% | 4h | $592K | $801K | — | |
| ApeX Omni VIRTUALUSDT | +0.101% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| BloFin VIRTUAL-USDT | +0.243% | +0.0340% | 4h | $838K | $777K | 75x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.414% | +0.0100% | 4h | $2.8M | $10.4M | 20x | as long as short |
| Lighter VIRTUAL | +0.416% | +0.0096% | 1h | $324K | $364K | 5x | as long as short |
| Extended VIRTUAL-USD | +0.427% | +0.0104% | 1h | $55K | $244K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | +0.428% | −0.0160% | 1h | $2K | $539 | 10x | as long as short |