Funding you earn now, next payment 05:00 UTC−0.0143%/8h= −15.6% APRnext payment −$0.18 per $10,000 · paid last 24h −0.042%
Price spread now: 01 Exchange against gTrade (Gains Network)−0.145%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and 01 Exchange is 0.145% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) VIRTUAL/USD | 0.7156 | L +0.0007% / S −0.0005% | pay 0.0001% / 1h | 21m 44s | $14K | — | 150x |
| Short | 01 Exchange VIRTUALUSD | 0.7146 | −0.0136 | pay 0.0017% / 1h | 21m 44s | $2K | $106 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$29.96
- Price spread: −0.145% → 0.000%
- −$14.5
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$61.46
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 01 Exchange: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 01 Exchange: 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 | −0.0588% | 1h | 0.7152 | −0.061% | $15K | $40K | 10x | as long as short |
| Lighter VIRTUAL | −0.0192% | 1h | 0.7169 | +0.174% | $327K | $406K | 5x | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7153 | −0.042% | $24 | — | 10x | as long as short |
| 01 Exchange VIRTUALUSDshort | −0.0136% | 1h | 0.7146 | −0.145% | $2K | $106 | 10x | |
| Phoenix VIRTUAL | −0.0022% | 1h | 0.7176 | +0.280% | $11K | $37K | 5x | as long as short |
| SoDEX VIRTUAL-USD | −0.0010% | 1h | 0.7152 | −0.060% | $1K | $9K | 5x | as long as short |
| gTrade (Gains Network) VIRTUAL/USDlong | L +0.0007% / S −0.0005% | 1h | 0.7156 | long leg | $14K | — | 150x | |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | 0.7117 | −0.550% | $46 | $88K | 5.5x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0088% | 4h | 0.7151 | −0.075% | $14K | $1.4M | 10x | as long as short |
| Hyperliquid VIRTUAL | +0.0100% | 1h | 0.7180 | +0.326% | $8.8M | $4.1M | 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 | 0.7178 | +0.300% | $94K | $299K | 20x | as long as short |
| Pacifica VIRTUAL | +0.0100% | 1h | 0.7179 | +0.314% | $71K | $43K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7178 | +0.302% | $16.2M | $41.0M | 75x | as long as short |
| Bybit VIRTUALUSDT | +0.0100% | 4h | 0.7175 | +0.260% | $16.6M | $18.6M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7180 | +0.330% | $2.9M | $9.9M | 20x | as long as short |
| Gate VIRTUAL_USDT | +0.0100% | 4h | 0.7177 | +0.288% | $1.5M | $3.3M | 75x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7176 | +0.274% | $16.2M | $4.8M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | +0.0100% | 4h | 0.7174 | +0.246% | $3.0M | $4.3M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7180 | +0.330% | $6.1M | $5.9M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7176 | +0.274% | — | $7.9M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7155 | −0.019% | $239K | $213K | 10x | as long as short |
| Variational Omni VIRTUAL | +0.0100% | 4h | 0.7166 | +0.137% | $536K | $909K | — | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7174 | +0.246% | $19K | $260K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7162 | +0.079% | $635K | $953K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +0.0100% | 1h | 0.7181 | +0.344% | $40K | $238K | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | +0.0100% | 1h | 0.7155 | −0.023% | $54K | $1.1M | 5x | as long as short |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7146 | −0.145% | $1K | $1.3M | 20x | as long as short |
| Extended VIRTUAL-USD | +0.0104% | 1h | 0.7178 | +0.306% | $57K | $258K | 10x | as long as short |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7149 | −0.097% | $18K | — | 3x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC] | L +0.0299% / S −0.0228% | 1h | 0.7156 | −0.006% | $30K | — | 100x | as long as short |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7161 | +0.065% | $794K | $949K | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0440% | 1h | 0.7214 | +0.805% | $201K | $104K | 50x | as long as short |
| Kraken Futures PF_VIRTUALUSD | +0.0488% | 1h | 0.7162 | +0.076% | $587K | $665K | 50x | as long as short |
gTrade (Gains Network) VIRTUAL/USD
01 Exchange VIRTUALUSD
Deribit VIRTUAL_USDC-PERPETUAL
Lighter VIRTUAL
Phoenix VIRTUAL
SoDEX VIRTUAL-USD
Injective VIRTUAL/USDC PERP
Hyperliquid VIRTUAL
Aster VIRTUALUSDT
Pacifica VIRTUAL
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
Variational Omni VIRTUAL
edgeX VIRTUALUSDC
GRVT VIRTUAL_USDT_Perp
ApeX Omni VIRTUALUSDT
Polymarket Perps VIRTUAL-USD
SunX VIRTUAL-USDT
Extended VIRTUAL-USD
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX
Kraken Futures PF_VIRTUALUSD