Funding spread now, next payment 18:00 UTC+0.0478%/8h
paid, last 24h+0.142%paid, last 5 days+0.749%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix VIRTUAL | 0.7002 | −0.0138 | get 0.0017% / 1h | 34m 48s | $11K | $48K | 5x |
| Short | BloFin VIRTUAL-USDT | 0.6992 | 0.0340 | get 0.0170% / 4h | 1h 34m | $808K | $763K | 75x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $100.34
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $81.34
- Break-even
- 1.3 days
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 63 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.147%
- Avg gap 7d
- —
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 63 min ago | 2.84 bp | 12.5 bp −$12 | 27.9 bp −$279 | 66.8 bp −$6,675 | doesn't fit |
Phoenix: 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 | −0.0320% | 1h | $317K | $389K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.0181% | 4h | $15.2M | $15.5M | 50x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0179% | 1h | $15K | $40K | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.0176% | 1h | $2K | $131 | 10x | as long as short |
| Variational Omni VIRTUAL | −0.0151% | 4h | $526K | $847K | — | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | $23 | — | 10x | as long as short |
| Phoenix VIRTUALlong | −0.0138% | 1h | $11K | $48K | 5x | |
| 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 | $43 | $28K | 5.5x | as long as short |
| SoDEX VIRTUAL-USD | +0.0046% | 1h | $1K | $9K | 5x | as long as short |
Phoenix VIRTUAL
BloFin VIRTUAL-USDT
Lighter VIRTUAL
Bybit VIRTUALUSDT
Deribit VIRTUAL_USDC-PERPETUAL
Variational Omni VIRTUAL
gTrade (Gains Network) VIRTUAL/USD
Injective VIRTUAL/USDC PERP
SoDEX VIRTUAL-USD
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
Extended VIRTUAL-USD
Kraken Futures PF_VIRTUALUSD
GMX VIRTUAL/USD [WBTC.b-USDC]
Coinbase International VIRTUAL-PERP-INTX