Funding you earn now, next payment 10:00 UTC−0.6282%/8h= −687.9% APRnext payment −$7.85 per $10,000 · paid last 24h −0.061%
Price spread now: gTrade (Gains Network) against 01 Exchange−1.820%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$188 a day on $10k at the current rate, and gTrade (Gains Network) is 1.820% cheaper against 01 Exchange than usual: you would sell low and buy high (−$182 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 | 01 Exchange VIRTUALUSD | 0.7307 | 0.6288 | pay 0.0786% / 1h | 19m 18s | $2K | $53 | 10x |
| Short | gTrade (Gains Network) VIRTUAL/USD | 0.7174 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 19m 18s | $22K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against 01 Exchange. 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
- −$1,319.32
- Price spread: −1.820% → 0.000%
- −$182.03
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$1,518.35
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; gTrade (Gains Network): 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
01 Exchange and gTrade (Gains Network): 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 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 | −0.0710% | 1h | 0.7174 | −1.827% | $47K | $996K | 5x | as long as short |
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0308% | 1h | 0.7170 | −1.875% | $25K | $40K | 10x | as long as short |
| Kraken Futures PF_VIRTUALUSD | −0.0239% | 1h | 0.7178 | −1.767% | $536K | $741K | 50x | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7174 | −1.820% | $24 | — | 10x | as long as short |
| Phoenix VIRTUAL | −0.0132% | 1h | 0.7185 | −1.664% | $11K | $35K | 5x | as long as short |
| Lighter VIRTUAL | −0.0072% | 1h | 0.7166 | −1.927% | $326K | $384K | 5x | as long as short |
| gTrade (Gains Network) VIRTUAL/USDshort | L +0.0007% / S −0.0006% | 1h | 0.7174 | −1.820% | $22K | — | 150x | |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | 0.7117 | −2.600% | $46 | $88K | 5.5x | as long as short |
| Variational Omni VIRTUAL | +0.0069% | 4h | 0.7176 | −1.792% | $681K | $889K | — | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0084% | 4h | 0.7169 | −1.889% | $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 | 0.7176 | −1.795% | $92K | $297K | 20x | as long as short |
| Pacifica VIRTUAL | +0.0100% | 1h | 0.7175 | −1.809% | $71K | $43K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7170 | −1.875% | $16.1M | $41.3M | 75x | as long as short |
| Bybit VIRTUALUSDT | +0.0100% | 4h | 0.7167 | −1.916% | $16.5M | $18.8M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7169 | −1.889% | $2.8M | $9.9M | 20x | as long as short |
| Gate VIRTUAL_USDT | +0.0100% | 4h | 0.7174 | −1.820% | $1.5M | $3.2M | 75x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7170 | −1.875% | $15.1M | $5.3M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | +0.0100% | 4h | 0.7175 | −1.806% | $3.3M | $4.6M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7174 | −1.820% | $6.1M | $5.5M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7170 | −1.875% | — | $7.9M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7177 | −1.779% | $247K | $175K | 10x | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7183 | −1.703% | $19K | $259K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7182 | −1.711% | $638K | $1.3M | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +0.0100% | 1h | 0.7183 | −1.697% | $40K | $235K | 50x | as long as short |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7169 | −1.889% | $2K | $1.3M | 20x | as long as short |
| SoDEX VIRTUAL-USD | +0.0100% | 1h | 0.7168 | −1.895% | $1K | $9K | 5x | as long as short |
| Extended VIRTUAL-USD | +0.0104% | 1h | 0.7167 | −1.919% | $54K | $309K | 10x | as long as short |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7169 | −1.886% | $18K | — | 3x | as long as short |
| Hyperliquid VIRTUAL | +0.0163% | 1h | 0.7182 | −1.711% | $8.9M | $3.7M | 5x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC] | L +0.0312% / S −0.0258% | 1h | 0.7173 | −1.839% | $32K | — | 100x | as long as short |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7185 | −1.670% | $781K | $1.0M | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0472% | 1h | 0.7217 | −1.232% | $203K | $101K | 50x | as long as short |
| 01 Exchange VIRTUALUSDlong | +0.6288% | 1h | 0.7307 | long leg | $2K | $53 | 10x |
01 Exchange VIRTUALUSD
gTrade (Gains Network) VIRTUAL/USD
Polymarket Perps VIRTUAL-USD
Deribit VIRTUAL_USDC-PERPETUAL
Kraken Futures PF_VIRTUALUSD
Phoenix VIRTUAL
Lighter VIRTUAL
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
ApeX Omni VIRTUALUSDT
SunX VIRTUAL-USDT
SoDEX VIRTUAL-USD
Extended VIRTUAL-USD
Hyperliquid VIRTUAL
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX