VIRTUAL

Alert

Funding spread now, next payment 19:00 UTC−0.0404%/8h

paid, last 24h−0.008%paid, last 7 days−0.279%to open and close $10k−$30

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.279% in total (about -14.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VIRTUALUSDC	0.6993	0.0100	pay 0.0050% / 4h	1h 32m	$18K	$257K	10x
Short	Lighter VIRTUAL	0.6984	−0.0304	pay 0.0038% / 1h	32m 33s	$317K	$389K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee LighterbpOrdersRate

Funding earned: −$84.84
Slippage, 4 orders: −$20.86
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$114.7
Break-even: never at this rate

Slippage from edgeX: live order book, 1 min ago; Lighter: live order book, 59 min ago.

Price risk

price view

Price gap now: −0.132%
Avg gap 7d: +0.024%

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 edgeX live order book, 1 min ago	2.86 bp	7.9 bp −$8	19.0 bp −$190	doesn't fit	doesn't fit
Sell Lighter live order book, 59 min ago	4.28 bp	5.9 bp −$6	43.9 bp −$439	doesn't fit	doesn't fit

VIRTUAL on 32 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter VIRTUALshort	−0.0304%	1h	$317K	$389K	5x
Bybit VIRTUALUSDT	−0.0177%	4h	$15.2M	$15.5M	50x	as long as short
01 Exchange VIRTUALUSD	−0.0160%	1h	$2K	$131	10x	as long as short
Variational Omni VIRTUAL	−0.0151%	4h	$526K	$847K	—	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	$23	—	10x	as long as short
Phoenix VIRTUAL	−0.0138%	1h	$11K	$48K	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	0.0000%	1h	$15K	$40K	10x	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	$28K	5.5x	as long as short
Gate VIRTUAL_USDT	+0.0054%	4h	$1.4M	$3.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_VIRTUAL_USDC	+0.0061%	4h	$14K	$1.5M	10x	as long as short
SoDEX VIRTUAL-USD	+0.0078%	1h	$1K	$9K	5x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	$8.6M	$3.6M	5x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	$176K	$63K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	$72K	$40K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	$15.8M	$35.8M	75x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	$2.7M	$9.5M	20x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	$15.8M	$3.9M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	$3.0M	$4.1M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	$5.9M	$5.3M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	—	$8.2M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	$230K	$169K	10x	as long as short
edgeX VIRTUALUSDClong	+0.0100%	4h	$18K	$257K	10x
ApeX Omni VIRTUALUSDT	+0.0100%	1h	$40K	$241K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	$33K	$765K	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	$1K	$1.2M	20x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	$55K	$243K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	$17K	$505	3x	as long as short
Kraken Futures PF_VIRTUALUSD	+0.0145%	1h	$513K	$521K	50x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0296% / S −0.0228%	1h	$29K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	$809K	$763K	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0472%	1h	$191K	$116K	50x	as long as short