Funding spread now, next payment 19:00 UTC+0.0369%/8h
next payment, per $10,000+$0.46paid, last 24h+0.012%paid, last 7 days+0.186%to open and close $10k−$47
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.186% in total (about 9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.46 per $10,000. 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 | Lighter VIRTUAL | 0.6980 | −0.0224 | get 0.0028% / 1h | 24m 43s | $317K | $389K | 5x |
| Short | Kraken Futures PF_VIRTUALUSD | 0.6988 | 0.0145 | get 0.0018% / 1h | 24m 43s | $511K | $497K | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $77.55
- Slippage, 4 orders
- −$36.95
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $30.6
- Break-even
- 4.2 days
Slippage from Lighter: live order book, 2 min ago; Kraken Futures: live order book, 10 min ago.
Price risk
price view- Price gap now
- +0.108%
- Avg gap 7d
- +0.085%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 2 min ago | 3.72 bp | 8.0 bp −$8 | 56.3 bp −$563 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 10 min ago | 6.43 bp | 17.5 bp −$17 | 41.8 bp −$418 | doesn't fit | doesn't fit |
VIRTUAL on 32 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Lighter VIRTUALlong | −0.0224% | 1h | $317K | $389K | 5x | |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0180% | 1h | $15K | $40K | 10x | as long as short |
| Bybit VIRTUALUSDT | −0.0165% | 4h | $15.2M | $15.4M | 50x | as long as short |
| Variational Omni VIRTUAL | −0.0164% | 4h | $525K | $847K | — | as long as short |
| 01 Exchange VIRTUALUSD | −0.0144% | 1h | $2K | $131 | 10x | 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 |
| gTrade (Gains Network) VIRTUAL/USD | L +0.0007% / S −0.0004% | 1h | $12K | — | 150x | as long as short |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | $45 | $56K | 5.5x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0062% | 4h | $14K | $1.5M | 10x | as long as short |
Lighter VIRTUAL
Kraken Futures PF_VIRTUALUSD
Deribit VIRTUAL_USDC-PERPETUAL
Bybit VIRTUALUSDT
Variational Omni VIRTUAL
Phoenix VIRTUAL
gTrade (Gains Network) VIRTUAL/USD
Injective VIRTUAL/USDC PERP
Gate VIRTUAL_USDT
Hyperliquid VIRTUAL
Aster VIRTUALUSDT
Pacifica VIRTUAL
Binance VIRTUALUSDT
OKX VIRTUAL-USDT-SWAP
MEXC VIRTUAL_USDT
KuCoin VIRTUALUSDTM
Bitget VIRTUALUSDT
BingX VIRTUAL-USDT
Backpack VIRTUAL_USDC_PERP
ApeX Omni VIRTUALUSDT
Polymarket Perps VIRTUAL-USD
SunX VIRTUAL-USDT
SoDEX VIRTUAL-USD
Extended VIRTUAL-USD
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX