Spread before costs (cost unknown: a leg has no order-book sample)+0.029%
7d average—if it closes, per $10,000$3funding while held, a day+$9.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange VIRTUALUSD | 0.7012 | −0.0200 | get 0.0025% / 1h | 45m 22s | $2K | $131 | 10x |
| Short | SunX VIRTUAL-USDT | 0.7014 | 0.0100 | get 0.0050% / 4h | 1h 45m | $1K | $1.2M | 20x |
SunX 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
- $2.85
- Funding while held
- $9
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$5.15
- Spread needed to break even
- 0.170%
Slippage unknown: 01 Exchange: no order-book sample; SunX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0300%
- Per $10,000 a day
- +$9.00
- 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 SunX live order book, 5 min ago | 500.71 bp | doesn't fit | doesn't fit | 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.Injective0.6744cheapestLighter0.7005+3.870%BloFin0.7006+3.885%Variational Omni0.7007+3.895%Bybit0.7007+3.900%edgeX0.7007+3.906%Phoenix0.7008+3.918%Extended0.7009+3.923%OKX0.7009+3.929%SoDEX0.7010+3.938%Binance0.7010+3.941%BingX0.7010+3.944%ApeX Omni0.7010+3.944%Gate0.7011+3.959%MEXC0.7011+3.959%Backpack0.7011+3.959%Orderly0.7011+3.959%Aevo0.7011+3.965%Reya0.7012+3.972%Deribit0.7012+3.974%KuCoin0.7013+3.989%Bitget0.7014+4.004%Polymarket Perps0.7014+4.004%
Injective
Lighter
BloFin
Variational Omni
Bybit
Phoenix
Extended
OKX
SoDEX
Binance
BingX
ApeX Omni
Gate
MEXC
Backpack
Orderly
Aevo
Reya
Deribit
KuCoin
Bitget
Polymarket PerpsSunX0.7014+4.004%
Aster0.7014+4.007%Pacifica0.7015+4.012%GMX0.7016+4.033%gTrade (Gains Network)0.7016+4.033%Hyperliquid0.7020+4.091%Coinbase International0.7021+4.107%Kraken Futures0.7022+4.117%
Aster
Pacifica
GMX
gTrade (Gains Network)
Hyperliquid
Coinbase International
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 | −3.822% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| Lighter VIRTUAL | −0.100% | −0.0416% | 1h | $318K | $389K | 5x | as long as short |
| BloFin VIRTUAL-USDT | −0.086% | +0.0340% | 4h | $806K | $762K | 75x | as long as short |
| Variational Omni VIRTUAL | −0.076% | −0.0135% | 4h | $527K | $847K | — | as long as short |
| Bybit VIRTUALUSDT | −0.071% | −0.0164% | 4h | $15.3M | $15.6M | 50x | as long as short |
| edgeX VIRTUALUSDC | −0.066% | +0.0100% | 4h | $18K | $257K | 10x | as long as short |
| Phoenix VIRTUAL | −0.054% | −0.0138% | 1h | $11K | $48K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.049% | +0.0104% | 1h | $55K | $243K | 10x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.043% | +0.0100% | 4h | $2.7M | $9.6M | 20x | as long as short |
| SoDEX VIRTUAL-USD | −0.034% | +0.0052% | 1h | $1K | $9K | 5x | as long as short |