Spread before costs (cost unknown: a leg has no order-book sample)+0.142%
7d average—if it closes, per $10,000$14funding while held, a day+$9.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange VIRTUALUSD | 0.7043 | −0.0216 | get 0.0027% / 1h | 16m 43s | $2K | $131 | 10x |
| Short | KuCoin VIRTUALUSDTM | 0.7053 | 0.0100 | get 0.0050% / 4h | 3h 16m | $3.0M | $4.2M | 50x |
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
- $14.2
- Funding while held
- $9.48
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $4.68
- Spread needed to break even
- 0.190%
Slippage unknown: 01 Exchange: no order-book sample; KuCoin: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0316%
- Per $10,000 a day
- +$9.48
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 7 min ago | 1.41 bp | 17.0 bp −$17 | 48.9 bp −$489 | doesn't fit | doesn't fit |
01 Exchange: 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 | −4.245% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| edgeX VIRTUALUSDC | −0.197% | +0.0100% | 4h | $18K | $256K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | −0.185% | +0.0100% | 1h | $40K | $241K | 50x | as long as short |
| 01 Exchange VIRTUALUSDlong | 0.000% | −0.0216% | 1h | $2K | $131 | 10x | |
| Reya VIRTUALRUSDPERP | +0.013% | −0.0139% | 1h | $24 | — | 10x | as long as short |
| BingX VIRTUAL-USDT | +0.043% | +0.0100% | 4h | — | $8.2M | — | as long as short |
| Lighter VIRTUAL | +0.050% | −0.0120% | 1h | $320K | $412K | 5x | as long as short |
| Bybit VIRTUALUSDT | +0.057% | +0.0039% | 4h | $15.6M | $15.9M | 50x | as long as short |
| Phoenix VIRTUAL | +0.062% | −0.0090% | 1h | $11K | $46K | 5x | as long as short |
| Pacifica VIRTUAL | +0.071% | +0.0100% | 1h | $73K | $41K | 5x | as long as short |
KuCoin VIRTUALUSDTM
Injective
ApeX Omni
BingX
Lighter
Bybit
Phoenix
Pacifica
Extended
SoDEX
MEXC
BloFin
Binance
OKX
Gate
Polymarket Perps
Bitget
SunX
Deribit
Coinbase International
Aster
gTrade (Gains Network)
Backpack
GMX
Hyperliquid
Variational Omni
Kraken Futures