Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against ApeX Omni−0.246%72s7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.605% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.246%, 7d avg −0.077%
=Together, before fees−0.046%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.169% cheaper against ApeX Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.077%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni VIRTUALUSDT | 0.7190 | 0.0100 | pay 0.0013% / 1h | 20m 15s | $40K | $234K | 50x |
| Short | Extended VIRTUAL-USD | 0.7172 | 0.0104 | get 0.0013% / 1h | 20m 15s | $54K | $309K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.246% → −0.077%
- −$16.89
- Slippage, 4 orders
- −$45.52
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$76.57
- Costs to cover
- 0.605%
- Break-even
- 645.1 days
Slippage from ApeX Omni: live order book, 29 min ago; Extended: live order book, 30 min ago.
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 ApeX Omni live order book, 29 min ago | 6.29 bp | 14.3 bp −$14 | 103.2 bp −$1,032 | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 3.07 bp | 16.5 bp −$17 | 161.7 bp −$1,617 | doesn't fit | doesn't fit |
VIRTUAL on 33 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps VIRTUAL-USD | −0.0709% | 1h | 0.7183 | −0.104% | $47K | $996K | 5x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0307% | 1h | 0.7175 | −0.209% | $25K | $40K | 10x | as long as short |
| Kraken Futures PF_VIRTUALUSD | −0.0239% | 1h | 0.7183 | −0.091% | $536K | $741K | 50x | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7174 | −0.223% | $24 | — | 10x | as long as short |
| Phoenix VIRTUAL | −0.0132% | 1h | 0.7185 | −0.064% | $11K | $35K | 5x | as long as short |
| Lighter VIRTUAL | −0.0072% | 1h | 0.7171 | −0.266% | $327K | $384K | 5x | as long as short |
| gTrade (Gains Network) VIRTUAL/USD | L +0.0007% / S −0.0006% | 1h | 0.7182 | −0.109% | $22K | — | 150x | as long as short |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | 0.7117 | −1.015% | $46 | $88K | 5.5x | as long as short |
| Variational Omni VIRTUAL | +0.0069% | 4h | 0.7176 | −0.194% | $681K | $889K | — | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0084% | 4h | 0.7175 | −0.209% | $15K | $1.9M | 10x | as long as short |
Show all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster VIRTUALUSDT | +0.0100% | 4h | 0.7181 | −0.131% | $92K | $297K | 20x | as long as short |
| Pacifica VIRTUAL | +0.0100% | 1h | 0.7182 | −0.111% | $71K | $42K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7173 | −0.231% | $16.1M | $41.3M | 75x | as long as short |
| Bybit VIRTUALUSDT | +0.0100% | 4h | 0.7172 | −0.250% | $16.5M | $18.8M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7177 | −0.181% | $2.8M | $10.0M | 20x | as long as short |
| Gate VIRTUAL_USDT | +0.0100% | 4h | 0.7182 | −0.111% | $1.6M | $3.2M | 75x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7174 | −0.223% | $15.1M | $5.3M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | +0.0100% | 4h | 0.7179 | −0.153% | $3.3M | $4.6M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7180 | −0.139% | $6.1M | $5.5M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7177 | −0.181% | — | $7.9M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7182 | −0.111% | $248K | $175K | 10x | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7183 | −0.102% | $19K | $258K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7182 | −0.111% | $638K | $1.3M | 10x | as long as short |
| ApeX Omni VIRTUALUSDTlong | +0.0100% | 1h | 0.7190 | long leg | $40K | $234K | 50x | |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7179 | −0.153% | $2K | $1.3M | 20x | as long as short |
| SoDEX VIRTUAL-USD | +0.0100% | 1h | 0.7174 | −0.229% | $1K | $9K | 5x | as long as short |
| Extended VIRTUAL-USDshort | +0.0104% | 1h | 0.7172 | −0.246% | $54K | $309K | 10x | |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7174 | −0.229% | $18K | — | 3x | as long as short |
| Hyperliquid VIRTUAL | +0.0162% | 1h | 0.7191 | +0.011% | $8.9M | $3.7M | 5x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC] | L +0.0312% / S −0.0258% | 1h | 0.7178 | −0.170% | $32K | — | 100x | as long as short |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7185 | −0.070% | $781K | $1.0M | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0472% | 1h | 0.7217 | +0.376% | $203K | $101K | 50x | as long as short |
| 01 Exchange VIRTUALUSD | +0.6288% | 1h | 0.7318 | +1.780% | $2K | $53 | 10x | as long as short |
ApeX Omni VIRTUALUSDT
Extended VIRTUAL-USD
Polymarket Perps VIRTUAL-USD
Deribit VIRTUAL_USDC-PERPETUAL
Kraken Futures PF_VIRTUALUSD
Phoenix VIRTUAL
Lighter VIRTUAL
gTrade (Gains Network) VIRTUAL/USD
Injective VIRTUAL/USDC PERP
Variational Omni 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
edgeX VIRTUALUSDC
GRVT VIRTUAL_USDT_Perp
SunX VIRTUAL-USDT
SoDEX VIRTUAL-USD
Hyperliquid VIRTUAL
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX
01 Exchange VIRTUALUSD