Funding you earn now, next payment 22:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.033%
Price spread now: GMX against Pacifica+0.008%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica VIRTUAL | 0.7191 | 0.0100 | pay 0.0013% / 1h | 17m 44s | $72K | $44K | 5x |
| Short | GMX VIRTUAL/USD [WBTC.b-USDC] | 0.7191 | L +0.0298% / S −0.0228% | get 0.0029% / 1h | 17m 44s | $30K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $26.92
- Price spread: +0.008% → 0.000%
- $0.79
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $7.71
- Costs to cover
- 0.200%
- Break-even
- 5.0 days
Slippage unknown: Pacifica: no order-book sample; GMX: 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Pacifica and GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −0.0160% | 1h | 0.7117 | −1.025% | $46 | $88K | 5.5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7187 | −0.054% | $24 | — | 10x | as long as short |
| Phoenix VIRTUAL | −0.0112% | 1h | 0.7196 | +0.074% | $11K | $45K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.0096% | 1h | 0.7188 | −0.037% | $2K | $131 | 10x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0028% | 1h | 0.7191 | +0.004% | $15K | $40K | 10x | as long as short |
| gTrade (Gains Network) VIRTUAL/USD | L +0.0007% / S −0.0004% | 1h | 0.7191 | +0.006% | $13K | — | 150x | as long as short |
| Variational Omni VIRTUAL | +0.0068% | 4h | 0.7193 | +0.034% | $528K | $878K | — | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0083% | 4h | 0.7189 | −0.024% | $14K | $1.5M | 10x | as long as short |
| Lighter VIRTUAL | +0.0096% | 1h | 0.7192 | +0.021% | $327K | $391K | 5x | as long as short |
| Hyperliquid VIRTUAL | +0.0100% | 1h | 0.7203 | +0.173% | $8.8M | $3.7M | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster VIRTUALUSDT | +0.0100% | 4h | 0.7195 | +0.056% | $195K | $82K | 20x | as long as short |
| Pacifica VIRTUALlong | +0.0100% | 1h | 0.7191 | long leg | $72K | $44K | 5x | |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7195 | +0.060% | $16.4M | $37.1M | 75x | as long as short |
| Bybit VIRTUALUSDT | +0.0100% | 4h | 0.7189 | −0.024% | $15.6M | $15.5M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7194 | +0.046% | $2.8M | $9.1M | 20x | as long as short |
| Gate VIRTUAL_USDT | +0.0100% | 4h | 0.7193 | +0.032% | $1.5M | $2.9M | 75x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7193 | +0.032% | $17.3M | $4.2M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | +0.0100% | 4h | 0.7195 | +0.060% | $3.1M | $3.9M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7194 | +0.046% | $6.2M | $5.3M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7192 | +0.018% | — | $8.1M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7191 | +0.004% | $236K | $159K | 10x | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7195 | +0.059% | $19K | $256K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7182 | −0.121% | $636K | $974K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +0.0100% | 1h | 0.7195 | +0.060% | $40K | $245K | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | +0.0100% | 1h | 0.7192 | +0.015% | $30K | $810K | 5x | as long as short |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7190 | −0.010% | $1K | $1.3M | 20x | as long as short |
| SoDEX VIRTUAL-USD | +0.0100% | 1h | 0.7188 | −0.030% | $1K | $9K | 5x | as long as short |
| Extended VIRTUAL-USD | +0.0104% | 1h | 0.7194 | +0.041% | $53K | $246K | 10x | as long as short |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7189 | −0.028% | $18K | $505 | 3x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC]short | L +0.0298% / S −0.0228% | 1h | 0.7191 | +0.008% | $30K | — | 100x | |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7194 | +0.046% | $816K | $804K | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0472% | 1h | 0.7203 | +0.171% | $196K | $95K | 50x | as long as short |
| Kraken Futures PF_VIRTUALUSD | +0.0523% | 1h | 0.7201 | +0.138% | $538K | $543K | 50x | as long as short |
Pacifica VIRTUAL
GMX VIRTUAL/USD [WBTC.b-USDC]
Injective VIRTUAL/USDC PERP
Phoenix VIRTUAL
01 Exchange VIRTUALUSD
Deribit VIRTUAL_USDC-PERPETUAL
gTrade (Gains Network) VIRTUAL/USD
Variational Omni VIRTUAL
Lighter VIRTUAL
Hyperliquid VIRTUAL
Aster VIRTUALUSDT
Binance VIRTUALUSDT
Bybit VIRTUALUSDT
OKX VIRTUAL-USDT-SWAP
Gate VIRTUAL_USDT
MEXC VIRTUAL_USDT
KuCoin VIRTUALUSDTM
Bitget VIRTUALUSDT
BingX VIRTUAL-USDT
Backpack VIRTUAL_USDC_PERP
edgeX VIRTUALUSDC
GRVT VIRTUAL_USDT_Perp
ApeX Omni VIRTUALUSDT
Polymarket Perps VIRTUAL-USD
SunX VIRTUAL-USDT
SoDEX VIRTUAL-USD
Extended VIRTUAL-USD
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX
Kraken Futures PF_VIRTUALUSD