VIRTUAL Funding Rate — live across 15 venues
Perpetual funding · compared across 15 venues · net of estimated fees · updated every few minutesLive annualized VIRTUAL perpetual funding across all 15 venues Perpia tracks. Right now VIRTUAL funding is positive on 13 and negative on 2, ranging from +10.9% on BingX to -5.7% on Bitget — a spread of 16.6%. The widest delta-neutral trade is long Bitget / short BingX at 14.0% net APR.
VIRTUAL funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
Loading VIRTUAL rate history…
Build a route
any two of the 15 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 15 venues| Venue | Funding APR ↓ | Interval | Use as |
|---|---|---|---|
| BingX↗short | +10.9% | every 4h | |
| KuCoin↗ | +10.9% | every 4h | |
| Aster↗ | +10.9% | every 4h | |
| BackPack↗ | +10.9% | every 1h | |
| Hyperliquid↗ | +10.9% | every 1h | |
| Pacifica↗ | +10.9% | every 1h | |
| Lighter↗ | +10.5% | every 8h | |
| OKX↗ | +9.9% | every 4h | |
| Bybit↗ | +9.6% | every 4h | |
| Gate.io↗ | +9.0% | every 4h | |
| Extended↗ | +5.3% | every 1h | |
| MEXC↗ | +5.0% | every 4h | |
| Binance↗ | +5.0% | every 4h | |
| below — these venues pay the longs: this is the leg you buy | |||
| Variational↗ | −2.3% | every 4h | |
| Bitget↗long | −5.7% | every 4h | |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Bitget vs BingX page. 48 pairs scanned for VIRTUAL.
Loading VIRTUAL backtest…
VIRTUAL — FAQ
Is VIRTUAL funding positive right now?
VIRTUAL perpetual funding is positive on 13 of 15 venues Perpia tracks and negative on 2. The highest is +10.9% on BingX; the lowest is -5.7% on Bitget.
What is the best VIRTUAL funding arbitrage right now?
Go long Bitget and short BingX for about 14.0% net APR after fees — the widest delta-neutral VIRTUAL spread Perpia currently sees.
Which exchange has the highest VIRTUAL funding rate?
BingX, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How VIRTUAL funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to VIRTUAL
also quoted on both BingX and BitgetThe same two exchanges you would already have funded for the VIRTUAL trade. Every spread between them is on the BingX vs Bitget page.