VIRTUAL

Alert

Funding spread now, next payment 19:00 UTC−0.0128%/8h

next payment, per $10,000−$0.16paid, last 24h−0.029%paid, last 3 days−0.024%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_VIRTUALUSD	0.7001	0.0145	pay 0.0018% / 1h	55m 09s	$510K	$517K	50x
Short	SoDEX VIRTUAL-USD	0.6987	0.0017	get 0.0002% / 1h	55m 09s	$1K	$9K	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 Kraken FuturesbpFee SoDEXbpOrdersRate

Funding earned: −$26.9
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$44.9
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 44 min ago; SoDEX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.194%
Avg gap 7d: —

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, 44 min ago	7.82 bp	21.1 bp −$21	47.4 bp −$474	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Lighter VIRTUAL	−0.0400%	1h	$317K	$389K	5x	as long as short
ApeX Omni VIRTUALUSDT	−0.0211%	1h	$40K	$241K	50x	as long as short
Bybit VIRTUALUSDT	−0.0210%	4h	$15.2M	$15.5M	50x	as long as short
01 Exchange VIRTUALUSD	−0.0168%	1h	$2K	$131	10x	as long as short
Variational Omni VIRTUAL	−0.0151%	4h	$524K	$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
SoDEX VIRTUAL-USDshort	+0.0017%	1h	$1K	$9K	5x

Show all 32 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective VIRTUAL/USDC PERP	+0.0033%	1h	$43	$28K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0056%	4h	$14K	$1.5M	10x	as long as short
Gate VIRTUAL_USDT	+0.0064%	4h	$1.4M	$3.1M	75x	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0080%	1h	$230K	$172K	10x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	$8.6M	$3.7M	5x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	$179K	$60K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	$72K	$41K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	$15.8M	$36.0M	75x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	$2.7M	$9.7M	20x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	$15.8M	$3.8M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	$3.0M	$4.2M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	$6.0M	$5.3M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	—	$8.2M	—	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	$18K	$255K	10x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	$33K	$765K	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	$2K	$1.2M	20x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	$54K	$243K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	$17K	$505	3x	as long as short
Kraken Futures PF_VIRTUALUSDlong	+0.0145%	1h	$510K	$517K	50x
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	$812K	$771K	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0472%	1h	$190K	$117K	50x	as long as short