VIRTUAL

Alert

Funding spread now, next payment 15:00 UTC+0.0510%/8h

paid, last 24h−0.001%paid, last 7 days+0.118%to open and close $10k−$56

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.118% in total (about 6.2% 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	Kraken Futures PF_VIRTUALUSD	0.7082	−0.0410	get 0.0051% / 1h	41m 40s	$448K	$527K	50x
Short	MEXC VIRTUAL_USDT	0.7071	0.0100	get 0.0050% / 4h	1h 41m	$16.1M	$3.7M	100x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee MEXCbpOrdersRate

Funding earned: $107.12
Slippage, 4 orders: −$46.46
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $50.66
Break-even: 3.7 days

Slippage from Kraken Futures: live order book, 13 min ago; MEXC: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.156%
Avg gap 7d: −0.083%

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 Kraken Futures live order book, 13 min ago	14.92 bp	22.8 bp −$23	59.2 bp −$592	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.71 bp	2.6 bp −$3	12.6 bp −$126	110.2 bp −$11.0K	289.9 bp −$144.9K

VIRTUAL on 32 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Polymarket Perps VIRTUAL-USD	−0.0418%	1h	$30K	$780K	5x	as long as short
Kraken Futures PF_VIRTUALUSDlong	−0.0410%	1h	$448K	$527K	50x
01 Exchange VIRTUALUSD	−0.0256%	1h	$2K	$539	10x	as long as short
Phoenix VIRTUAL	−0.0181%	1h	$11K	$43K	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	−0.0174%	1h	$25K	$30K	10x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	$24	—	10x	as long as short
SoDEX VIRTUAL-USD	−0.0089%	1h	$222	$8K	5x	as long as short
Variational Omni VIRTUAL	+0.0005%	4h	$561K	$743K	—	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0004%	1h	$12K	—	150x	as long as short
Bybit VIRTUALUSDT	+0.0028%	4h	$15.5M	$15.4M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective VIRTUAL/USDC PERP	+0.0033%	1h	$43	$105K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0071%	4h	$14K	$1.5M	10x	as long as short
Lighter VIRTUAL	+0.0096%	1h	$351K	$284K	5x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	$9.4M	$3.1M	5x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	$183K	$75K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	$71K	$37K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	$16.5M	$35.5M	75x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	$2.7M	$10.2M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	$1.4M	$3.0M	75x	as long as short
MEXC VIRTUAL_USDTshort	+0.0100%	4h	$16.1M	$3.7M	100x
KuCoin VIRTUALUSDTM	+0.0100%	4h	$3.0M	$4.2M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	$6.0M	$5.5M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	—	$8.3M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	$230K	$168K	10x	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	$18K	$254K	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	$40K	$243K	50x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	$2K	$1.2M	20x	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 +0.0298% / S −0.0228%	1h	$30K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	$840K	$750K	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0400%	1h	$194K	$149K	50x	as long as short