Funding you earn now, next payment 06:00 UTC+0.0272%/8h= +29.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.127%
Price spread now: Kraken Futures against gTrade (Gains Network)+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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) VIRTUAL/USD | 0.7174 | L +0.0007% / S −0.0005% | pay 0.0001% / 1h | 1m 31s | $14K | — | 150x |
| Short | Kraken Futures PF_VIRTUALUSD | 0.7175 | 0.0278 | get 0.0035% / 1h | 1m 31s | $528K | $764K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- $57.04
- Price spread: +0.008% → 0.000%
- $0.82
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $37.86
- Costs to cover
- 0.200%
- Break-even
- 2.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 47 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 47 min ago | 12.60 bp | 21.4 bp −$21 | 47.3 bp −$473 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | −0.0308% | 1h | 0.7169 | −0.070% | $15K | $40K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7166 | −0.118% | $24 | — | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.0120% | 1h | 0.7165 | −0.126% | $2K | $106 | 10x | as long as short |
| Phoenix VIRTUAL | −0.0112% | 1h | 0.7178 | +0.061% | $11K | $36K | 5x | as long as short |
| Lighter VIRTUAL | 0.0000% | 1h | 0.7164 | −0.134% | $326K | $403K | 5x | as long as short |
| gTrade (Gains Network) VIRTUAL/USDlong | L +0.0007% / S −0.0005% | 1h | 0.7174 | long leg | $14K | — | 150x | |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | 0.7117 | −0.795% | $46 | $88K | 5.5x | as long as short |
| Bybit VIRTUALUSDT | +0.0037% | 4h | 0.7163 | −0.154% | $16.3M | $19.1M | 50x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0074% | 4h | 0.7172 | −0.028% | $14K | $1.5M | 10x | as long as short |
| Aster VIRTUALUSDT | +0.0100% | 4h | 0.7171 | −0.046% | $93K | $302K | 20x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica VIRTUAL | +0.0100% | 1h | 0.7171 | −0.037% | $70K | $43K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7167 | −0.098% | $16.1M | $42.3M | 75x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7169 | −0.070% | $2.9M | $10.1M | 20x | as long as short |
| Gate VIRTUAL_USDT | +0.0100% | 4h | 0.7172 | −0.028% | $1.5M | $3.5M | 75x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7165 | −0.126% | $15.4M | $5.1M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | +0.0100% | 4h | 0.7173 | −0.014% | $3.0M | $4.4M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7169 | −0.070% | $6.0M | $6.0M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7169 | −0.070% | — | $7.9M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7175 | +0.014% | $238K | $206K | 10x | as long as short |
| Variational Omni VIRTUAL | +0.0100% | 4h | 0.7170 | −0.053% | $533K | $914K | — | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7168 | −0.086% | $19K | $262K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7168 | −0.084% | $641K | $1.0M | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +0.0100% | 1h | 0.7185 | +0.153% | $40K | $237K | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | +0.0100% | 1h | 0.7166 | −0.112% | $51K | $1.0M | 5x | as long as short |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7167 | −0.098% | $2K | $1.4M | 20x | as long as short |
| SoDEX VIRTUAL-USD | +0.0100% | 1h | 0.7171 | −0.035% | $1K | $9K | 5x | as long as short |
| Extended VIRTUAL-USD | +0.0104% | 1h | 0.7164 | −0.146% | $54K | $303K | 10x | as long as short |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7169 | −0.069% | $18K | — | 3x | as long as short |
| Hyperliquid VIRTUAL | +0.0104% | 1h | 0.7180 | +0.082% | $8.8M | $4.1M | 5x | as long as short |
| Kraken Futures PF_VIRTUALUSDshort | +0.0278% | 1h | 0.7175 | +0.008% | $528K | $764K | 50x | |
| GMX VIRTUAL/USD [WBTC.b-USDC] | L +0.0313% / S −0.0258% | 1h | 0.7174 | +0.002% | $32K | — | 100x | as long as short |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7172 | −0.028% | $775K | $1.0M | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0432% | 1h | 0.7192 | +0.251% | $200K | $102K | 50x | as long as short |
gTrade (Gains Network) VIRTUAL/USD
Kraken Futures PF_VIRTUALUSD
Deribit VIRTUAL_USDC-PERPETUAL
01 Exchange VIRTUALUSD
Phoenix VIRTUAL
Lighter VIRTUAL
Injective VIRTUAL/USDC PERP
Bybit VIRTUALUSDT
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
SoDEX VIRTUAL-USD
Extended VIRTUAL-USD
Hyperliquid VIRTUAL
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX