VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: SunX against BloFin−0.155%56s7-day average +0.022% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.359%−$36 on $10k

Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.155%, 7d avg +0.022%

Together, before fees−0.234%−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.177% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VIRTUAL-USDT	0.7103	0.0340	pay 0.0170% / 4h	3h 29m	$773K	$1.0M	75x
Short	SunX VIRTUAL-USDT	0.7092	0.0100	get 0.0050% / 4h	3h 29m	$2K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee SunXbpOrdersPrice spread, now −0.155%Rate

Funding earned: −$50.4
Price spread: −0.155% → +0.022%: −$17.69
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$88.09
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 min ago; SunX: live order book, 5 min ago. 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 BloFin live order book, 2 min ago	2.11 bp	12.4 bp −$12	22.9 bp −$229	67.5 bp −$6,751	doesn't fit
Sell SunX live order book, 5 min ago	500.60 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.0314%	1h	0.7090	−0.183%	$15K	$40K	10x	as long as short
Kraken Futures PF_VIRTUALUSD	−0.0227%	1h	0.7099	−0.050%	$511K	$740K	50x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7094	−0.132%	$24	—	10x	as long as short
Lighter VIRTUAL	−0.0112%	1h	0.7095	−0.117%	$320K	$401K	5x	as long as short
SoDEX VIRTUAL-USD	−0.0077%	1h	0.7098	−0.063%	$1K	$9K	5x	as long as short
Variational Omni VIRTUAL	−0.0059%	4h	0.7107	+0.061%	$532K	$753K	—	as long as short
Phoenix VIRTUAL	−0.0034%	1h	0.7094	−0.125%	$11K	$36K	5x	as long as short
Bybit VIRTUALUSDT	−0.0027%	4h	0.7095	−0.113%	$16.1M	$18.7M	50x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0006%	1h	0.7096	−0.102%	$22K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	+0.197%	$46	$88K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_VIRTUAL_USDC	+0.0072%	4h	0.7091	−0.169%	$15K	$1.8M	10x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	0.7099	−0.055%	$92K	$303K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7101	−0.027%	$70K	$43K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	0.7093	−0.138%	$15.9M	$41.8M	75x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7096	−0.099%	$2.9M	$10.1M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7100	−0.042%	$1.5M	$3.2M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7097	−0.084%	$15.4M	$5.1M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7100	−0.042%	$3.3M	$4.5M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7097	−0.084%	$6.0M	$5.7M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7094	−0.127%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7098	−0.070%	$235K	$175K	10x	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7104	+0.008%	$19K	$259K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7141	+0.537%	$630K	$1.2M	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7109	+0.084%	$40K	$234K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7099	−0.056%	$47K	$1.0M	5x	as long as short
SunX VIRTUAL-USDTshort	+0.0100%	4h	0.7092	−0.155%	$2K	$1.3M	20x
Extended VIRTUAL-USD	+0.0104%	1h	0.7093	−0.138%	$55K	$307K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7093	−0.142%	$18K	—	3x	as long as short
Hyperliquid VIRTUAL	+0.0137%	1h	0.7106	+0.041%	$8.8M	$3.8M	5x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0312% / S −0.0258%	1h	0.7097	−0.086%	$32K	—	100x	as long as short
BloFin VIRTUAL-USDTlong	+0.0340%	4h	0.7103	long leg	$773K	$1.0M	75x
Coinbase International VIRTUAL-PERP-INTX	+0.0512%	1h	0.7168	+0.915%	$200K	$101K	50x	as long as short
01 Exchange VIRTUALUSD	+0.6256%	1h	0.7228	+1.760%	$2K	$106	10x	as long as short