VIRTUAL

Alert

Funding spread now, next payment 15:00 UTC−0.0415%/8h

paid, last 24h−0.089%paid, last 5 days−0.279%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VIRTUALUSDT	0.7076	0.0100	pay 0.0050% / 4h	1h 00m	$15.6M	$15.7M	50x
Short	Deribit VIRTUAL_USDC-PERPETUAL	0.7081	−0.0315	pay 0.0039% / 1h	0m 35s	$25K	$30K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee DeribitbpOrdersRate

Funding earned: −$87.06
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$105.06
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.071%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Bybit live order book, 4 min ago	0.70 bp	10.2 bp −$10	20.1 bp −$201	162.9 bp −$16.3K	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 32 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_VIRTUALUSD	−0.0409%	1h	$514K	$608K	50x	as long as short
Deribit VIRTUAL_USDC-PERPETUALshort	−0.0315%	1h	$25K	$30K	10x
Phoenix VIRTUAL	−0.0181%	1h	$11K	$43K	5x	as long as short
01 Exchange VIRTUALUSD	−0.0176%	1h	$2K	$539	10x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	$24	—	10x	as long as short
Variational Omni VIRTUAL	−0.0016%	4h	$586K	$791K	—	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0004%	1h	$12K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	$43	$105K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0068%	4h	$14K	$1.5M	10x	as long as short
Lighter VIRTUAL	+0.0096%	1h	$328K	$328K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hyperliquid VIRTUAL	+0.0100%	1h	$9.4M	$3.2M	5x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	$183K	$75K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	$72K	$39K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	$16.4M	$36.3M	75x	as long as short
Bybit VIRTUALUSDTlong	+0.0100%	4h	$15.6M	$15.7M	50x
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	$2.8M	$10.4M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	$1.4M	$3.1M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	$15.9M	$3.9M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	$3.0M	$4.2M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	$6.0M	$5.6M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	—	$8.3M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	$231K	$168K	10x	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	$18K	$255K	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	$40K	$242K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	$31K	$794K	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	$2K	$1.2M	20x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	$209	$8K	5x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	$55K	$244K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	$18K	$505	3x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0297% / S −0.0228%	1h	$30K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	$836K	$771K	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0400%	1h	$195K	$148K	50x	as long as short