Spread before costs (cost unknown: a leg has no order-book sample)+0.202%
7d average+0.006%if it closes, per $10,000$20funding while held, a day+$6.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni VIRTUAL | 0.6999 | −0.0111 | get 0.0055% / 4h | 2h 36m | $569K | $805K | — |
| Short | MEXC VIRTUAL_USDT | 0.7013 | 0.0100 | get 0.0050% / 4h | 2h 36m | $16.0M | $4.0M | 100x |
Variational Omni VIRTUAL
MEXC VIRTUAL_USDTPrice 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
- $20.17
- Funding while held
- $6.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $26.49
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; MEXC: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0211%
- Per $10,000 a day
- +$6.32
- 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, 4 min ago | 4.28 bp | doesn't fit | 25.7 bp −$257 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.71 bp | 3.6 bp −$4 | 11.3 bp −$113 | 102.2 bp −$10.2K | 265.5 bp −$132.7K |
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapest
InjectiveVariational Omni0.6999+3.779%
Lighter0.7011+3.959%Gate0.7013+3.989%
Lighter
GateMEXC0.7013+3.989%
Extended0.7014+4.003%Phoenix0.7015+4.011%Binance0.7015+4.018%Bybit0.7015+4.018%Bitget0.7015+4.018%BingX0.7015+4.018%OKX0.7016+4.033%01 Exchange0.7016+4.033%KuCoin0.7017+4.048%Pacifica0.7017+4.055%SoDEX0.7018+4.063%edgeX0.7019+4.081%ApeX Omni0.7021+4.107%Hyperliquid0.7023+4.134%Aster0.7023+4.140%Backpack0.7024+4.152%Aevo0.7025+4.173%Deribit0.7026+4.181%Reya0.7027+4.195%Orderly0.7027+4.196%BloFin0.7027+4.196%SunX0.7028+4.211%GMX0.7029+4.224%gTrade (Gains Network)0.7031+4.255%Polymarket Perps0.7033+4.290%Kraken Futures0.7035+4.316%Coinbase International0.7113+5.472%
Extended
Phoenix
Binance
Bybit
Bitget
BingX
OKX
KuCoin
Pacifica
SoDEX
ApeX Omni
Hyperliquid
Aster
Backpack
Aevo
Deribit
Reya
Orderly
BloFin
SunX
GMX
gTrade (Gains Network)
Polymarket Perps
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 | −3.642% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Variational Omni VIRTUALlong | 0.000% | −0.0111% | 4h | $569K | $805K | — | |
| Lighter VIRTUAL | +0.173% | −0.0184% | 1h | $318K | $389K | 5x | as long as short |
| Gate VIRTUAL_USDT | +0.202% | +0.0084% | 4h | $1.4M | $3.0M | 75x | as long as short |
| MEXC VIRTUAL_USDTshort | +0.202% | +0.0100% | 4h | $16.0M | $4.0M | 100x | |
| Extended VIRTUAL-USD | +0.215% | +0.0104% | 1h | $55K | $245K | 10x | as long as short |
| Phoenix VIRTUAL | +0.223% | −0.0159% | 1h | $11K | $54K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.230% | +0.0100% | 4h | $16.0M | $36.1M | 75x | as long as short |
| Bybit VIRTUALUSDT | +0.230% | −0.0289% | 4h | $15.4M | $15.5M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.230% | +0.0100% | 4h | $6.0M | $5.3M | 25x | as long as short |