Spread before costs (cost unknown: a leg has no order-book sample)−0.187%
7d average+0.103%if it closes, per $10,000$19funding while held, a day+$15.79
| 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 | 56m 16s | $529K | $847K | — |
| Short | Kraken Futures PF_VIRTUALUSD | 0.7012 | 0.0390 | get 0.0049% / 1h | 56m 16s | $510K | $490K | 50x |
Variational Omni VIRTUAL
Kraken Futures PF_VIRTUALUSDPrice 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
- −$18.72
- Funding while held
- $15.79
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$12.94
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; Kraken Futures: live order book, 38 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0526%
- Per $10,000 a day
- +$15.79
- 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, 39 min ago | 4.29 bp | doesn't fit | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 38 min ago | 6.43 bp | 17.5 bp −$17 | 41.8 bp −$418 | doesn't fit | doesn't fit |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6992cheapestBybit0.6996+0.057%Extended0.6999+0.093%SoDEX0.6999+0.107%OKX0.7000+0.114%Aevo0.7000+0.115%BingX0.7001+0.129%01 Exchange0.7002+0.143%Orderly0.7002+0.143%SunX0.7002+0.143%Deribit0.7002+0.143%MEXC0.7003+0.157%Reya0.7003+0.160%Binance0.7003+0.164%Bitget0.7004+0.172%Gate0.7005+0.186%GMX0.7006+0.200%gTrade (Gains Network)0.7006+0.207%Lighter0.7007+0.209%Polymarket Perps0.7007+0.209%KuCoin0.7007+0.215%
Injective
Bybit
Extended
SoDEX
OKX
Aevo
BingX
Orderly
SunX
Deribit
MEXC
Reya
Binance
Bitget
Gate
GMX
gTrade (Gains Network)
Lighter
Polymarket Perps
KuCoinKraken Futures0.7012+0.279%
Aster0.7012+0.283%Hyperliquid0.7012+0.292%Pacifica0.7013+0.300%Backpack0.7015+0.329%BloFin0.7017+0.358%ApeX Omni0.7023+0.443%edgeX0.7024+0.451%Phoenix0.7024+0.453%
Aster
Hyperliquid
Pacifica
Backpack
BloFin
ApeX Omni
PhoenixVariational Omni0.7025+0.467%
Coinbase International0.7045+0.758%
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% | −0.0086% | 1h | $45 | $28K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | −0.408% | −0.0057% | 4h | $15.2M | $15.3M | 50x | as long as short |
| Extended VIRTUAL-USD | −0.372% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| SoDEX VIRTUAL-USD | −0.358% | +0.0052% | 1h | $1K | $9K | 5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.351% | +0.0100% | 4h | $2.7M | $9.3M | 20x | as long as short |
| Aevo VIRTUAL-PERP | −0.351% | +0.0104% | 1h | $17K | $505 | 3x | as long as short |
| BingX VIRTUAL-USDT | −0.337% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| 01 Exchange VIRTUALUSD | −0.323% | −0.0088% | 1h | $2K | $131 | 10x | as long as short |
| Orderly PERP_VIRTUAL_USDC | −0.323% | +0.0065% | 4h | $14K | $1.5M | 10x | as long as short |
| SunX VIRTUAL-USDT | −0.323% | +0.0100% | 4h | $2K | $1.2M | 20x | as long as short |