VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Pacifica against gTrade (Gains Network)−0.034%104s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.034% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 30 hours of funding at the current rate (+$3 a day). The two prices were read 104 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	gTrade (Gains Network) VIRTUAL/USD	0.7106	L +0.0007% / S −0.0005%	pay 0.0001% / 1h	34m 20s	$14K	—	150x
Short	Pacifica VIRTUAL	0.7104	0.0100	get 0.0013% / 1h	34m 20s	$70K	$43K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee PacificabpOrdersPrice spread, now −0.034%Rate

Funding earned: $19.6
Price spread: −0.034% → 0.000%: −$3.45
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$1.85
Costs to cover: 0.180%
Break-even: 7.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Pacifica: 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
Lighter VIRTUAL	−0.0168%	1h	0.7095	−0.157%	$323K	$402K	5x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7096	−0.143%	$24	—	10x	as long as short
Bybit VIRTUALUSDT	−0.0123%	4h	0.7093	−0.187%	$16.1M	$19.0M	50x	as long as short
01 Exchange VIRTUALUSD	−0.0120%	1h	0.7098	−0.117%	$2K	$106	10x	as long as short
Phoenix VIRTUAL	−0.0101%	1h	0.7113	+0.089%	$11K	$36K	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	−0.0031%	1h	0.7103	−0.046%	$15K	$40K	10x	as long as short
Variational Omni VIRTUAL	−0.0031%	4h	0.7100	−0.085%	$528K	$908K	—	as long as short
Kraken Futures PF_VIRTUALUSD	−0.0005%	1h	0.7105	−0.012%	$519K	$763K	50x	as long as short
gTrade (Gains Network) VIRTUAL/USDlong	L +0.0007% / S −0.0005%	1h	0.7106	long leg	$14K	—	150x
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	+0.151%	$46	$88K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_VIRTUAL_USDC	+0.0072%	4h	0.7099	−0.103%	$15K	$1.6M	10x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	0.7109	+0.045%	$8.7M	$4.0M	5x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	0.7101	−0.078%	$92K	$302K	20x	as long as short
Pacifica VIRTUALshort	+0.0100%	1h	0.7104	−0.034%	$70K	$43K	5x
Binance VIRTUALUSDT	+0.0100%	4h	0.7098	−0.117%	$16.0M	$42.3M	75x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7102	−0.060%	$2.9M	$10.0M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7099	−0.103%	$1.5M	$3.4M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7097	−0.131%	$15.9M	$5.2M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7101	−0.074%	$3.0M	$4.4M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7101	−0.074%	$6.0M	$5.9M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7098	−0.117%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7106	−0.004%	$235K	$178K	10x	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7117	+0.150%	$19K	$261K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7111	+0.062%	$634K	$1.1M	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7117	+0.151%	$40K	$236K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7097	−0.138%	$47K	$1.0M	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7104	−0.032%	$2K	$1.4M	20x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	0.7100	−0.089%	$1K	$9K	5x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7098	−0.123%	$55K	$277K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7102	−0.057%	$18K	—	3x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0312% / S −0.0258%	1h	0.7105	−0.018%	$32K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7102	−0.060%	$782K	$1.0M	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0440%	1h	0.7144	+0.531%	$199K	$101K	50x	as long as short