24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,208,239Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

VIRTUAL Funding Rates

12 exchanges · updated 26 Oct, 18:26 UTC

VIRTUAL perpetual funding on 12 exchanges, a year (APR): positive means longs pay shorts.

Highest now41.6%KrakenLowest now−3.3%VariationalOpen interest$67.9M24h volume$36.9M
Best pair over 24 hours
Long Variational · Short Kraken · 27.0% a year, 21.8% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
KrakenCEX 41.6%+0.0047% / 1h 34.6% 7 days13.9%paid 73% of hours hourlynext 19:00 UTC 0.6175 $405K $202K Trade
HyperliquidDEX 11.0%+0.0013% / 1h 10.9% 7 days10.7%paid 100% of hours hourlynext 19:00 UTC 0.61732 $5.6M $426K Trade
BybitCEX 11.0%+0.0050% / 4h 10.1% 7 days3.9%paid 77% of hours every 4hnext 20:00 UTC 0.617 $10.8M $3.7M Trade
KuCoinCEX 11.0%+0.0050% / 4h 11.0% 7 days10.9%paid 100% of hours every 4hnext 20:00 UTC 0.61805 $6.9M $3.4M Trade
BingXCEX 11.0%+0.0050% / 4h 11.0% 7 days10.6%paid 100% of hours every 4hnext 20:00 UTC 0.61735 $4.6M $7.2M Trade
BitgetCEX 9.6%+0.0044% / 4h 8.5% 7 days4.7%paid 80% of hours every 4hnext 20:00 UTC 0.61725 $4.6M $1.4M Trade
GRVTDEX 8.8%+0.0040% / 4h 8.8% 7 days6.7%paid 86% of hours every 4hnext 20:00 UTC 0.61705 $543K $839K Trade
OKXCEX 7.0%+0.0032% / 4h 10.7% 7 days3.4%paid 72% of hours every 4hnext 20:00 UTC 0.61735 $2.0M $2.1M Trade
GateCEX 1.5%+0.0007% / 4h 5.6% 7 days5.0%paid 77% of hours every 4hnext 20:00 UTC 0.6175 $11.2M $1.6M Trade
BinanceCEX 0.7%+0.0003% / 4h 3.1% 7 days2.4%paid 66% of hours every 4hnext 20:00 UTC 0.61725 $12.3M $13.1M Trade
MEXCCEX 0.7%+0.0003% / 4h 3.1% 7 days2.4%paid 66% of hours every 4hnext 20:00 UTC 0.61725 $8.5M $2.9M Trade
VariationalDEX −3.3%−0.0015% / 4h 7.6% 7 days−0.9%paid 51% of hours every 4hnext 20:00 UTC 0.61645 $452K $123K Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongVariationalShortKraken
DEX ↔ CEX · thin market
27.0%24h, new pair 21.8%fees 0.10% Price spread−0.049%usual −0.011% $405K Open
LongMEXCShortKraken
CEX ↔ CEX · thin market
11.5% 6.3%fees 0.10% Price spread−0.032%usual +0.004% $405K Open
LongMEXCShortVariational
DEX ↔ CEX · thin market
4.6%24h, new pair 4.6%fees 0.00% Price spread−0.065%usual +0.012% $452K Open
LongMEXCShortHyperliquid
DEX ↔ CEX · thin market
8.3% 3.6%fees 0.09% Price spread−0.024%usual +0.068% $5.6M Open
LongMEXCShortBingX
CEX ↔ CEX
8.2% 3.0%fees 0.10% Price spread0.000%usual +0.008% $4.6M Open
LongMEXCShortKuCoin
CEX ↔ CEX
8.6% 2.3%fees 0.12% Price spread+0.097%usual +0.075% $6.9M Open
LongBinanceShortKraken
CEX ↔ CEX · thin market
11.4% 1.0%fees 0.20% Price spread−0.032%usual +0.005% $405K Open
LongOKXShortKraken
CEX ↔ CEX · thin market
10.4% 0.0%fees 0.20% Price spread−0.049%usual −0.014% $405K Open
LongMEXCShortGRVT
DEX ↔ CEX · thin market
4.3% −0.4%fees 0.09% Price spread−0.065%usual +0.001% $543K Open
LongBinanceShortVariational
DEX ↔ CEX · thin market
4.5%24h, new pair −0.7%fees 0.10% Price spread−0.065%usual +0.013% $452K Open
Other coins

Funding from each exchange’s API, refreshed every minute; averages from our hourly records. Links to exchanges are referral links. This is information, not financial advice.