VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0239%/8h= −26.2% APRnext payment −$0.30 per $10,000 · paid last 24h −0.063%

Price spread now: Reya against SoDEX−0.121%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Reya is 0.121% cheaper against SoDEX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX VIRTUAL-USD	0.7181	0.0100	pay 0.0013% / 1h	6m 16s	$1K	$9K	5x
Short	Reya VIRTUALRUSDPERP	0.7173	−0.0139	pay 0.0017% / 1h	6m 16s	$24	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee ReyabpOrdersPrice spread, now −0.121%Rate

Funding earned: −$50.19
Price spread: −0.121% → 0.000%: −$12.06
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: −$76.25
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Reya: no order-book sample. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

SoDEX and Reya: 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 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit VIRTUAL_USDC-PERPETUAL	−0.0168%	1h	0.7173	−0.118%	$15K	$40K	10x	as long as short
Reya VIRTUALRUSDPERPshort	−0.0139%	1h	0.7173	−0.121%	$24	—	10x
01 Exchange VIRTUALUSD	−0.0120%	1h	0.7173	−0.118%	$2K	$106	10x	as long as short
Phoenix VIRTUAL	−0.0112%	1h	0.7171	−0.148%	$11K	$36K	5x	as long as short
Lighter VIRTUAL	0.0000%	1h	0.7165	−0.233%	$326K	$403K	5x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0005%	1h	0.7174	−0.102%	$14K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	−0.898%	$46	$88K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0075%	4h	0.7178	−0.049%	$14K	$1.5M	10x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	0.7174	−0.100%	$93K	$302K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7171	−0.142%	$70K	$43K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VIRTUALUSDT	+0.0100%	4h	0.7174	−0.100%	$16.1M	$42.2M	75x	as long as short
Bybit VIRTUALUSDT	+0.0100%	4h	0.7173	−0.118%	$16.4M	$19.0M	50x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7180	−0.021%	$2.9M	$10.1M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7170	−0.160%	$1.5M	$3.4M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7173	−0.118%	$15.5M	$5.0M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7173	−0.118%	$3.0M	$4.4M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7184	+0.035%	$6.1M	$6.0M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7171	−0.146%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7179	−0.035%	$238K	$206K	10x	as long as short
Variational Omni VIRTUAL	+0.0100%	4h	0.7145	−0.505%	$532K	$914K	—	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7147	−0.475%	$19K	$260K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7154	−0.384%	$637K	$1.0M	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7151	−0.425%	$40K	$238K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7174	−0.102%	$53K	$1.0M	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7177	−0.063%	$2K	$1.4M	20x	as long as short
SoDEX VIRTUAL-USDlong	+0.0100%	1h	0.7181	long leg	$1K	$9K	5x
Hyperliquid VIRTUAL	+0.0103%	1h	0.7185	+0.043%	$8.8M	$4.1M	5x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7180	−0.021%	$54K	$303K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7180	−0.024%	$18K	—	3x	as long as short
Kraken Futures PF_VIRTUALUSD	+0.0278%	1h	0.7185	+0.043%	$528K	$762K	50x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0313% / S −0.0258%	1h	0.7175	−0.086%	$32K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7181	−0.007%	$779K	$1.0M	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0432%	1h	0.7182	+0.007%	$200K	$101K	50x	as long as short