Funding spread now, next payment 15:00 UTC+0.0272%/8h
next payment, per $10,000+$0.34paid, last 24h+0.076%paid, last 3 days−0.006%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.006% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 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 | 01 Exchange VIRTUALUSD | 0.7077 | −0.0176 | get 0.0022% / 1h | 0m 03s | $2K | $539 | 10x |
| Short | Lighter VIRTUAL | 0.7077 | 0.0096 | get 0.0012% / 1h | 0m 03s | $328K | $328K | 5x |
Lighter VIRTUALFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $57.12
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $50.12
- Break-even
- 0.9 days
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 46 min ago. Net counts fees only.
Price risk
price view- Price gap now
- 0.000%
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 46 min ago | 3.83 bp | 6.0 bp −$6 | 48.4 bp −$484 | doesn't fit | doesn't fit |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0456% | 1h | $25K | $30K | 10x | as long as short |
| Kraken Futures PF_VIRTUALUSD | −0.0410% | 1h | $514K | $608K | 50x | as long as short |
| Phoenix VIRTUAL | −0.0181% | 1h | $11K | $43K | 5x | as long as short |
| 01 Exchange VIRTUALUSDlong | −0.0176% | 1h | $2K | $539 | 10x | |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | $24 | — | 10x | as long as short |
| Variational Omni VIRTUAL | −0.0016% | 4h | $586K | $791K | — | 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 | $43 | $105K | 5.5x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0068% | 4h | $14K | $1.5M | 10x | as long as short |
| Lighter VIRTUALshort | +0.0096% | 1h | $328K | $328K | 5x |
Deribit VIRTUAL_USDC-PERPETUAL
Kraken Futures PF_VIRTUALUSD
Phoenix VIRTUAL
Reya VIRTUALRUSDPERP
Variational Omni VIRTUAL
gTrade (Gains Network) VIRTUAL/USD
Injective VIRTUAL/USDC PERP
Orderly PERP_VIRTUAL_USDC
Hyperliquid VIRTUAL
Aster VIRTUALUSDT
Pacifica VIRTUAL
Binance VIRTUALUSDT
Bybit VIRTUALUSDT
OKX VIRTUAL-USDT-SWAP
Gate VIRTUAL_USDT
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
Aevo VIRTUAL-PERP
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX