VIRTUAL

Alert

Funding spread now, next payment 16:00 UTC+0.0067%/8h

paid, last 24h+0.022%paid, last 7 days−1.418%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective VIRTUAL/USDC PERP	0.6744	0.0033	pay 0.0004% / 1h	18m 42s	$43	$70K	5.5x
Short	Bybit VIRTUALUSDT	0.7034	0.0100	get 0.0050% / 4h	18m 42s	$15.6M	$15.9M	50x

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 InjectivebpFee BybitbpOrdersRate

Funding earned: $14
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $2.98
Break-even: 5.5 days

Slippage unknown: Injective: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.

Price risk

price view

Price gap now: +4.300%
Avg gap 7d: −0.023%

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 Injective no order-book sample	—	—	—	—	—
Sell Bybit live order book, 1 min ago	0.71 bp	10.9 bp −$11	24.9 bp −$249	136.1 bp −$13.6K	doesn't fit

Injective: 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
01 Exchange VIRTUALUSD	−0.0160%	1h	$2K	$539	10x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	$24	—	10x	as long as short
Phoenix VIRTUAL	−0.0113%	1h	$11K	$42K	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	−0.0034%	1h	$25K	$30K	10x	as long as short
Variational Omni VIRTUAL	−0.0031%	4h	$591K	$801K	—	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 PERPlong	+0.0033%	1h	$43	$70K	5.5x
Orderly PERP_VIRTUAL_USDC	+0.0065%	4h	$14K	$1.5M	10x	as long as short
Lighter VIRTUAL	+0.0096%	1h	$323K	$352K	5x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	$9.0M	$3.5M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster VIRTUALUSDT	+0.0100%	4h	$182K	$75K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	$72K	$42K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	$16.3M	$37.2M	75x	as long as short
Bybit VIRTUALUSDTshort	+0.0100%	4h	$15.6M	$15.9M	50x
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	$2.8M	$10.3M	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	$4.0M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	$3.0M	$4.3M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	$6.0M	$5.7M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	—	$8.2M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	$235K	$169K	10x	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	$18K	$255K	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	$40K	$241K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	$32K	$794K	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	$1K	$1.3M	20x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	$206	$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 +0.0296% / S −0.0228%	1h	$30K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	$839K	$777K	75x	as long as short
Kraken Futures PF_VIRTUALUSD	+0.0355%	1h	$512K	$624K	50x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0432%	1h	$193K	$118K	50x	as long as short