# VIRTUAL funding rates and arbitrage

Updated 2026-10-29 18:45 UTC · https://afterfees.xyz/coin/VIRTUAL

## Best VIRTUAL arbitrage after every cost

No VIRTUAL pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## VIRTUAL funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_VIRTUALUSD | 0.0070% | 1 h | +61.7% | +13.9% | $325.3K | 2026-10-29 19:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | VIRTUAL-USDT | 0.0170% | 4 h | +37.2% | +23.5% | $516K | 2026-10-29 20:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | VIRTUALUSD-PERP | 0.0042% | 1 h | +36.7% | +47.9% | $3.4K | 2026-10-29 19:00 |
| [Extended](https://afterfees.xyz/venues/extended) | VIRTUAL-USD | 0.0013% | 1 h | +11.4% | +3.2% | $54.2K | 2026-10-29 19:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | VIRTUALUSDTM | 0.0050% | 4 h | +10.9% | +11.0% | $6.5M | 2026-10-29 20:00 |
| [Nado](https://afterfees.xyz/venues/nado) | VIRTUAL-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $0 | 2026-10-29 19:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | VIRTUALUSDT | 0.0050% | 4 h | +10.9% | +2.7% | — | 2026-10-29 20:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | VIRTUAL_USDT | 0.0050% | 4 h | +10.9% | +2.7% | $8.2M | 2026-10-29 20:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | VIRTUAL_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $2.7M | 2026-10-29 20:00 |
| [Backpack](https://afterfees.xyz/venues/backpack) | VIRTUAL_USDC_PERP | 0.0013% | 1 h | +10.9% | +11.1% | $221.8K | 2026-10-29 19:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | VIRTUAL | 0.0013% | 1 h | +10.9% | +11.0% | $6.8K | 2026-10-29 19:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | VIRTUAL-USDT | 0.0013% | 1 h | +10.9% | +10.3% | $29.4K | 2026-10-29 19:00 |
| [OKX](https://afterfees.xyz/venues/okx) | VIRTUAL-USDT-SWAP | 0.0050% | 4 h | +10.9% | +0.7% | $2M | 2026-10-29 20:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | VIRTUALUSDT | 0.0050% | 4 h | +10.9% | +6.0% | $4.5M | 2026-10-29 20:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_VIRTUAL_USDT | 0.0050% | 4 h | +10.9% | +2.8% | $2.8K | 2026-10-29 20:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | VIRTUALUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 20:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | VIRTUAL-USDT | 0.0050% | 4 h | +10.9% | +10.6% | $2.8M | 2026-10-29 20:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | VIRTUALUSDT | 0.0050% | 4 h | +10.9% | +4.4% | $10.7M | 2026-10-29 20:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | VIRTUAL_USDT_Perp | 0.0050% | 4 h | +10.9% | +7.4% | $529.2K | 2026-10-29 20:00 |
| [Aster](https://afterfees.xyz/venues/aster) | VIRTUALUSDT | 0.0050% | 4 h | +10.9% | +5.6% | $146.3K | 2026-10-29 20:00 |
| [Variational](https://afterfees.xyz/venues/variational) | VIRTUAL-PERP | 0.0050% | 4 h | +10.9% | — | $327.2K | 2026-10-29 20:00 |
| [Binance](https://afterfees.xyz/venues/binance) | VIRTUALUSDT | 0.0050% | 4 h | +10.9% | +2.7% | $12.5M | 2026-10-29 20:00 |
| [Gate](https://afterfees.xyz/venues/gate) | VIRTUAL_USDT | 0.0050% | 4 h | +10.9% | +7.9% | $5.7M | 2026-10-29 20:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | VIRTUAL | 0.0013% | 1 h | +10.9% | +10.8% | $5.5M | 2026-10-29 19:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | VIRTUAL | 0.0012% | 1 h | +10.5% | +10.3% | $433.7K | 2026-10-29 19:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | VIRTUAL-USDC | 0.0004% | 1 h | +3.8% | — | $41.4K | 2026-10-29 19:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | VIRTUAL | -0.0008% | 1 h | −7.1% | −18.6% | — | 2026-10-29 19:00 |

## Borrow VIRTUAL to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.33% | — |
| Bybit | 3.27% | — |
| OKX | 6.81% | — |
| Binance | 23.04% | — |
| Gate | 34.60% | $30K |

## Cost to enter $10,000 of VIRTUAL

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| GRVT | VIRTUAL_USDT_Perp | 10.6 bp | order-book snapshot, 4 min old |
| Lighter | VIRTUAL | 2.1 bp | top of book only |
| Variational | VIRTUAL-PERP | 4.1 bp | top of book only |
| Extended | VIRTUAL-USD | 4.2 bp | top of book only |
| MEXC | VIRTUAL_USDT | 4.8 bp | top of book only |
| Binance | VIRTUALUSDT | 5.8 bp | top of book only |
| OKX | VIRTUAL-USDT-SWAP | 5.8 bp | top of book only |
| BingX | VIRTUAL-USDT | 5.8 bp | top of book only |
| Bitget | VIRTUALUSDT | 6.8 bp | top of book only |
| BloFin | VIRTUAL-USDT | 6.8 bp | top of book only |
| Bybit | VIRTUALUSDT | 7.1 bp | top of book only |
| Aster | VIRTUALUSDT | 7.3 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on VIRTUAL

- [Borrow VIRTUAL: rates on every exchange](https://afterfees.xyz/borrow/VIRTUAL)

## Questions

**Is VIRTUAL funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no VIRTUAL pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest VIRTUAL funding rate?**

Kraken at +61.7% a year (0.0070% every 1 h); the lowest is Phoenix at −7.1%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._