Funding you earn now, next payment 06:00 UTC−0.0248%/8h= −27.2% APRnext payment −$0.31 per $10,000 · paid last 24h −0.071%
Price spread now: 01 Exchange against Extended+0.349%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. 01 Exchange is 0.349% dearer against Extended than usual: you sell high and buy low (spread +0.349% now, against zero (this spread has no 7-day history yet)): +$35 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended VIRTUAL-USD | 0.7062 | 0.0104 | pay 0.0013% / 1h | 40m 52s | $56K | $302K | 10x |
| Short | 01 Exchange VIRTUALUSD | 0.7087 | −0.0144 | pay 0.0018% / 1h | 40m 52s | $2K | $106 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$52.08
- Price spread: +0.349% → 0.000%
- $34.91
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$29.17
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 7 min ago; 01 Exchange: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 7 min ago | 2.60 bp | 15.1 bp −$15 | 190.1 bp −$1,901 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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 on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0455% | 1h | 0.7088 | +0.363% | $15K | $40K | 10x | as long as short |
| 01 Exchange VIRTUALUSDshort | −0.0144% | 1h | 0.7087 | +0.349% | $2K | $106 | 10x | |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7089 | +0.383% | $24 | — | 10x | as long as short |
| Phoenix VIRTUAL | −0.0112% | 1h | 0.7126 | +0.897% | $11K | $36K | 5x | as long as short |
| Lighter VIRTUAL | −0.0040% | 1h | 0.7082 | +0.283% | $322K | $402K | 5x | as long as short |
| gTrade (Gains Network) VIRTUAL/USD | L +0.0007% / S −0.0005% | 1h | 0.7091 | +0.408% | $14K | — | 150x | as long as short |
| SoDEX VIRTUAL-USD | +0.0030% | 1h | 0.7087 | +0.342% | $1K | $9K | 5x | as long as short |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | 0.7117 | +0.774% | $46 | $88K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | +0.0065% | 4h | 0.7058 | −0.061% | $16.2M | $18.9M | 50x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0076% | 4h | 0.7086 | +0.335% | $14K | $1.4M | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid VIRTUAL | +0.0100% | 1h | 0.7080 | +0.244% | $8.7M | $4.1M | 5x | as long as short |
| Aster VIRTUALUSDT | +0.0100% | 4h | 0.7071 | +0.121% | $92K | $299K | 20x | as long as short |
| Pacifica VIRTUAL | +0.0100% | 1h | 0.7094 | +0.448% | $70K | $43K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7065 | +0.038% | $15.9M | $41.5M | 75x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7065 | +0.038% | $2.8M | $9.7M | 20x | as long as short |
| Gate VIRTUAL_USDT | +0.0100% | 4h | 0.7070 | +0.108% | $1.4M | $3.3M | 75x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7065 | +0.038% | $15.4M | $4.9M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | +0.0100% | 4h | 0.7066 | +0.052% | $3.0M | $4.4M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7064 | +0.023% | $6.0M | $6.0M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7065 | +0.038% | — | $7.9M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7071 | +0.123% | $236K | $210K | 10x | as long as short |
| Variational Omni VIRTUAL | +0.0100% | 4h | 0.7080 | +0.255% | $530K | $909K | — | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7101 | +0.544% | $19K | $260K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7115 | +0.740% | $628K | $987K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +0.0100% | 1h | 0.7103 | +0.576% | $40K | $237K | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | +0.0100% | 1h | 0.7093 | +0.434% | $52K | $1.1M | 5x | as long as short |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7092 | +0.420% | $2K | $1.3M | 20x | as long as short |
| Extended VIRTUAL-USDlong | +0.0104% | 1h | 0.7062 | long leg | $56K | $302K | 10x | |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7085 | +0.327% | $18K | — | 3x | as long as short |
| Kraken Futures PF_VIRTUALUSD | +0.0281% | 1h | 0.7096 | +0.477% | $579K | $676K | 50x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC] | L +0.0317% / S −0.0269% | 1h | 0.7091 | +0.404% | $33K | — | 100x | as long as short |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7082 | +0.278% | $787K | $988K | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0432% | 1h | 0.7162 | +1.411% | $199K | $104K | 50x | as long as short |
Extended VIRTUAL-USD
01 Exchange VIRTUALUSD
Deribit VIRTUAL_USDC-PERPETUAL
Phoenix VIRTUAL
Lighter VIRTUAL
gTrade (Gains Network) VIRTUAL/USD
SoDEX VIRTUAL-USD
Injective VIRTUAL/USDC PERP
Bybit VIRTUALUSDT
Hyperliquid VIRTUAL
Aster VIRTUALUSDT
Pacifica VIRTUAL
Binance VIRTUALUSDT
OKX VIRTUAL-USDT-SWAP
Gate VIRTUAL_USDT
MEXC VIRTUAL_USDT
KuCoin VIRTUALUSDTM
Bitget VIRTUALUSDT
BingX VIRTUAL-USDT
Backpack VIRTUAL_USDC_PERP
Variational Omni VIRTUAL
edgeX VIRTUALUSDC
GRVT VIRTUAL_USDT_Perp
ApeX Omni VIRTUALUSDT
Polymarket Perps VIRTUAL-USD
SunX VIRTUAL-USDT
Kraken Futures PF_VIRTUALUSD
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX