ArbiLayer

VIRTUAL arbitrage

live

Live Virtuals Protocol price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.09%Binance → Hyperliquid · Perp–Perp
Best perp–perp spread+0.07%Binance → Hyperliquid
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.20%$0.7694 – $0.771

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinancespot$0.7707Gate logoGatespot$0.7708 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Binance logoBinancespot$0.7707MEXC logoMEXCspot$0.7708 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Bybit logoBybitspot$0.7707Gate logoGatespot$0.7708 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Bybit logoBybitspot$0.7707MEXC logoMEXCspot$0.7708 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
OKX logoOKXspot$0.7708Gate logoGatespot$0.7708 0.00%-0.20% 0.00%— 0.000%— LS Chart →
OKX logoOKXspot$0.7708MEXC logoMEXCspot$0.7708 0.00%-0.20% 0.00%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.7709Gate logoGatespot$0.7708 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.7709Gate logoGatespot$0.7708 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.7709MEXC logoMEXCspot$0.7708 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Bybit logoBybitspot$0.7707Binance logoBinancespot$0.7706 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.771Gate logoGatespot$0.7708 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.771MEXC logoMEXCspot$0.7708 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
OKX logoOKXspot$0.7708Binance logoBinancespot$0.7706 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Binance logoBinancespot$0.7707Bybit logoBybitspot$0.7705 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Binance logoBinancespot$0.7707OKX logoOKXspot$0.7705 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

VIRTUAL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · VIRTUALUSDTMPerpetual $0.77$0.7703$0.7702-0.03% +0.030%$10.86M
Bybit logoBybitPerpetual · VIRTUALUSDTPerpetual $0.7698$0.7699$0.7699-0.06% -0.009%$10.82M
MEXC logoMEXCPerpetual · VIRTUAL_USDTPerpetual $0.7699$0.77$0.77-0.05% -0.007%$7.77M
OKX logoOKXPerpetual · VIRTUAL-USDT-SWAPPerpetual $0.77$0.7701$0.7701-0.04% -0.020%$7.12M
Bitget logoBitgetPerpetual · VIRTUALUSDTPerpetual $0.7702$0.7705$0.77040.00% +0.030%$3.81M
OKX logoOKXSpot · VIRTUAL-USDTSpot $0.7705$0.7708$0.7707+0.04% —$2.98M
Hyperliquid logoHyperliquidPerpetual · VIRTUALPerpetual $0.7703$0.7708$0.7705+0.03% +0.030%$2.38M
Bybit logoBybitSpot · VIRTUALUSDTSpot $0.7705$0.7707$0.7706+0.03% —$1.88M
Gate logoGateSpot · VIRTUAL_USDTSpot $0.7708$0.7711$0.771+0.08% —$1.60M
Bitget logoBitgetSpot · VIRTUALUSDTSpot $0.7705$0.771$0.7708+0.05% —$1.10M
KuCoin logoKuCoinSpot · VIRTUAL-USDTSpot $0.7704$0.7709$0.7707+0.04% —$688.0K
Gate logoGatePerpetual · VIRTUAL_USDTPerpetual $0.77$0.7701$0.7701-0.04% +0.011%$516.4K
Variational logoVariationalPerpetual · VIRTUALPerpetual $0.769$0.7698$0.7694-0.12% -0.079%$275.8K
Binance logoBinancePerpetual · VIRTUALUSDTPerpetual $0.7697$0.7698$0.7698-0.08% -0.007%—
Aster logoAsterPerpetual · VIRTUALUSDTPerpetual $0.7695$0.77$0.7697-0.08% +0.030%—
Binance logoBinanceSpot · VIRTUALUSDTSpot $0.7706$0.7707$0.7707+0.04% ——
MEXC logoMEXCSpot · VIRTUALUSDTSpot $0.7708$0.7709$0.7709+0.06% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

VIRTUAL arbitrage explained

Right now Virtuals Protocol (VIRTUAL) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.7698 and the highest bid on Gate spot at $0.7708.

The widest VIRTUAL perpetual spread is between Binance and Hyperliquid: long VIRTUAL on Binance at $0.7698 and short on Hyperliquid at $0.7703 for +0.07% gross, or -0.09% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.037% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best VIRTUAL route is to buy spot on Binance and short the perpetual on Hyperliquid: -0.05% gross, -0.25% net, with +0.030% a day of funding on the short leg.

Spot–spot VIRTUAL arbitrage (buy on Binance, withdraw, deposit and sell on Gate) shows +0.01% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small VIRTUAL gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: VIRTUAL funding rates · VIRTUAL spread charts · Virtuals Protocol price · arbitrage scanner for all coins.

Is there a VIRTUAL arbitrage opportunity right now?

The best VIRTUAL route right now is to buy on Binance → sell on Hyperliquid (Perp–Perp): +0.07% gross and -0.09% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest VIRTUAL?

Variational (perp) has the lowest VIRTUAL ask at $0.7698, and Gate (spot) the highest bid at $0.7708. Prices update every 15 seconds on this page.

How many exchanges list VIRTUAL?

ArbiLayer tracks 17 VIRTUAL markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage VIRTUAL without transferring coins?

Use two perpetual contracts: go long VIRTUAL on the cheaper exchange (Binance now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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