Settings8H · net · $10k
Funding arb · Price arb /

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0268%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.078%
Price spread now: Pacifica against 01 Exchange−0.081%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Pacifica is 0.081% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 24 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange VIRTUALUSD0.7308−0.0168get 0.0021% / 1h3m 46s$2K$13110x
ShortPacifica VIRTUAL0.73020.0100get 0.0013% / 1h3m 46s$72K$45K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against 01 Exchange. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$56.28
Price spread: −0.081% → 0.000%
−$8.07
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$33.21
Costs to cover
0.150%
Break-even
2.9 days
Slippage unknown: 01 Exchange: no order-book sample; Pacifica: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Pacifica no order-book sample
01 Exchange and Pacifica: 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 on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange VIRTUALUSDlong−0.0168%1h0.7308long leg$2K$13110x
Lighter VIRTUAL−0.0160%1h0.7308+0.003%$332K$416K5xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7310+0.027%$2410xas long as short
Phoenix VIRTUAL−0.0066%1h0.7285−0.312%$11K$40K5xas long as short
Deribit VIRTUAL_USDC-PERPETUAL0.0000%1h0.7315+0.096%$15K$40K10xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0010%1h0.7316+0.105%$9K150xas long as short
SoDEX VIRTUAL-USD+0.0011%1h0.7312+0.056%$1K$9K5xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117−2.614%$46$88K5.5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0089%4h0.7314+0.082%$14K$1.5M10xas long as short
Aster VIRTUALUSDT+0.0100%4h0.7314+0.089%$200K$104K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica VIRTUALshort+0.0100%1h0.7302−0.081%$72K$45K5x
Binance VIRTUALUSDT+0.0100%4h0.7306−0.026%$16.6M$38.9M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7306−0.027%$16.3M$16.8M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7304−0.055%$2.9M$9.6M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7313+0.068%$1.5M$3.0M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.73080.000%$18.3M$4.3M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7313+0.068%$4.3M$4.2M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7312+0.055%$6.3M$5.5M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7309+0.014%$8.2Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7319+0.151%$248K$168K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7273−0.486%$541K$890Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7277−0.431%$19K$258K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7295−0.178%$648K$915K10xas long as short
ApeX Omni VIRTUALUSDT+0.0100%1h0.7277−0.424%$40K$245K50xas long as short
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7317+0.126%$38K$993K5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7314+0.082%$2K$1.3M20xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7306−0.025%$54K$246K10xas long as short
Aevo VIRTUAL-PERP+0.0104%1h0.7316+0.105%$18K$5053xas long as short
Hyperliquid VIRTUAL+0.0124%1h0.7327+0.255%$9.1M$4.0M5xas long as short
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0300% / S −0.0228%1h0.7317+0.119%$31K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7289−0.260%$815K$850K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0448%1h0.7311+0.041%$199K$94K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0860%1h0.7328+0.272%$602K$585K50xas long as short