VIRTUAL funding rates by exchange

The current funding rate for every VIRTUAL perpetual we track, venue by venue, with 7-day and 30-day accumulated funding and the annualised rate. A positive rate means longs pay shorts.

Exchanges
18
Venue spread
0.034%
Pays most
Phemex
24h volume
$32.4M

Right now Phemex pays +0.01% per settlement and CoinEx pays -0.0236% — that gap is what a funding-arbitrage position captures.

Right now 10 of the 18 VIRTUAL contracts carry a positive rate and the rest are negative. The sign itself differs by venue, which is the cleanest setup for a funding trade: collect on one leg instead of merely paying less on it.

Over the last 30 days the most VIRTUAL funding accumulated on BloFin, at +0.61% — worth checking against the current rate, because the leader on accumulated funding is often not the leader today.

Click a column header to sort · use Columns to show or hide metrics

Exchange Contract Current rate APR 7d sum 30d sum 24h volume
Phemex VIRTUAL-USDT +0.01% +7.1% +0.21% +0.42% $0K
Kraken VIRTUAL-USDT +0.0074% +61.0% -0.03% -1.11% $45K
Bybit VIRTUAL-USDT +0.005% +7.2% +0.06% -0.06% $4.2M
HTX VIRTUAL-USDT +0.005% +7.2% +0.06% -2.18% $8K
KuCoin VIRTUAL-USDT +0.005% +7.1% +0.08% -0.24% $1.6M
Gate.io VIRTUAL-USDT +0.0013% -0.8% +0.06% -0.07% $1M
Hyperliquid VIRTUAL-USDT +0.0013% +7.7% +0.10% -0.16% $1M
BingX VIRTUAL-USDT +0.0006% -2.3% +0.18% +0.48% $7M
OKX VIRTUAL-USDT +0.0005% -2.5% +0.02% -0.30% $1.5M
Bitget VIRTUAL-USDT +0.0004% -3.0% +0.13% -0.18% $1.5M
Aster VIRTUAL-USDT -0.0005% -7.9% +0.16% -0.34% $2K
Lighter VIRTUAL-USDT -0.0009% -10.3% +0.01% -1.05% $90K
Toobit VIRTUAL-USDT -0.003% -10.5% +0.00% -0.37% $2.6M
MEXC VIRTUAL-USDT -0.0032% -9.9% -0.02% -0.53% $2M
WEEX VIRTUAL-USDT -0.0032% -10.9% -0.02% -0.53% $464K
Binance VIRTUAL-USDT -0.0033% -10.8% -0.02% -0.53% $9.4M
BloFin VIRTUAL-USDT -0.0052% -15.3% -0.01% +0.61% $104K
CoinEx VIRTUAL-USDT -0.0236% -29.5% -0.20% -0.81% $54K

Rates come straight from exchange data and change at every settlement; APR annualises the current rate at the contract's own funding interval. Market data, not investment advice.

Other coins

Funding rates by coin →

Frequently asked questions

What is the VIRTUAL funding rate right now?

VIRTUAL funding currently ranges from +0.01% on Phemex down to -0.0236% on CoinEx per settlement — the table above lists every venue. A positive rate means long positions pay short positions at the next settlement; a negative rate means the reverse.

Which exchange pays the highest VIRTUAL funding?

At the moment Phemex shows the highest VIRTUAL funding rate. This changes at every settlement, so trust the live ranking above rather than any fixed answer.

How do you trade the VIRTUAL funding difference?

You hold offsetting positions on two venues — long where funding is negative, short where it is positive — so price exposure cancels out and you collect the difference at each settlement. On VIRTUAL that difference is currently 0.034% per settlement, before the trading fees on both legs.

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