VIRTUAL funding rates and position payments
Funding is a payment between long and short holders of a perpetual contract. At a positive rate, longs pay shorts. At a negative rate, shorts pay longs.
MSK
Exchanges with current rates
11
Range normalized to 8 hours
+0.0022% → +0.0100%
Where the selected side receives funding
Long: 0 of 11
Calculate one funding payment
The full position value in USD. For a leveraged position, this is collateral multiplied by leverage.
Long on MEXC · VIRTUAL_USDT
Pays 0.22 USD equivalent
10 000.00 USD × +0.0022% per 8 h
One settlement calculated from the displayed rate and position notional. Trading fees and profit or loss from price changes are calculated separately.
Compare current funding rates
Rows are ordered by the payment to the selected side over the same eight hours. The original rate and single payment apply to each contract’s own interval.
| Exchange / contract | Rate per interval | 8-hour equivalent | One paymentUSD equivalentLong · 10 000.00 USD | Next settlement |
|---|---|---|---|---|
|
MEXC
VIRTUAL_USDT
Rate as of MSK
24-hour volume: 2 512 089 USD |
+0.0022% per 8 h | +0.0022% | Pays 0.22 USD | — |
|
OKX
VIRTUAL-USDT-SWAP
Rate as of MSK
Open exchange ↗ |
+0.0012% per 4 h | +0.0024% | Pays 0.12 USD | MSK |
|
Binance
VIRTUALUSDT
Rate as of MSK
24-hour volume: 11 009 765 USD |
+0.0022% per 4 h | +0.0045% | Pays 0.22 USD | MSK |
|
Aster
VIRTUALUSDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
BingX
VIRTUAL-USDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
Bitget
VIRTUALUSDT
Rate as of MSK
Open interest: 5 559 729 USD 24-hour volume: 1 457 821 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | — |
|
KuCoin
VIRTUALUSDTM
Rate as of MSK
24-hour volume: 3 524 745 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
edgeX
VIRTUALUSDC
Rate as of MSK
Open exchange ↗ |
+0.0043% per 4 h | +0.0085% | Pays 0.43 USD | — |
|
Bybit
VIRTUALUSDT
Rate as of MSK
Open interest: 11 606 829 USD 24-hour volume: 4 295 120 USD |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
|
Gate.io
VIRTUAL_USDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
|
Hyperliquid
VIRTUAL
Rate as of MSK
Open interest: 6 430 406 USD 24-hour volume: 374 034 USD |
+0.0013% per 1 h | +0.0100% | Pays 0.13 USD | — |
Latest completed settlements
These payments have already settled. They are separate from the current-rate comparison.
| Exchange / contract | Rate per interval | One paymentUSD equivalentLong · 10 000.00 USD | Settlement time |
|---|---|---|---|
|
Extended
VIRTUAL-USD
Rate as of MSK
Open interest: 64 004 USD 24-hour volume: 2 200 USD |
+0.0011% per 1 h | Pays 0.11 USD | MSK |
|
GRVT
VIRTUAL_USDT_Perp
Rate as of MSK
24-hour volume: 765 012 USD |
+0.0030% per 4 h | Pays 0.30 USD | MSK |
|
Lighter
VIRTUAL-USD
Rate as of MSK
24-hour volume: 354 858 USD |
-0.0036% per 1 h | Receives 0.36 USD | MSK |
|
Pacifica
VIRTUAL-USD
Rate as of MSK
24-hour volume: 39 081 USD |
+0.0013% per 1 h | Pays 0.13 USD | MSK |
Completed settlements over 24 hours and 7 days
The sum of published settlement rates for each contract. Payment amounts are USD equivalents for a constant 10 000.00 USD notional and the selected direction.
Lighter
24 hours
-0.0671%
Receives 6.71 USD
24 settlements
17.10.2026 09:00 — 18.10.2026 08:00 MSK
7 days
-0.1469%
Receives 14.69 USD
168 settlements
11.10.2026 09:00 — 18.10.2026 08:00 MSK
GRVT
24 hours
+0.0073%
Pays 0.73 USD
6 settlements
17.10.2026 11:00 — 18.10.2026 07:00 MSK
7 days
-0.0478%
Receives 4.78 USD
42 settlements
11.10.2026 11:00 — 18.10.2026 07:00 MSK
Pacifica
24 hours
+0.0288%
Pays 2.88 USD
23 settlements
17.10.2026 09:00 — 18.10.2026 07:00 MSK
7 days
+0.2088%
Pays 20.87 USD
167 settlements
11.10.2026 09:00 — 18.10.2026 07:00 MSK
Extended
24 hours
+0.0040%
Pays 0.40 USD
23 settlements
17.10.2026 09:00 — 18.10.2026 07:00 MSK
7 days
+0.0376%
Pays 3.76 USD
167 settlements
11.10.2026 09:00 — 18.10.2026 07:00 MSK
VIRTUAL funding rate history by exchange
The chart shows daily averages expressed as an annualized equivalent. Data starts on 25.07.2026; the table shows the number of available days for each exchange.
| Exchange | Current annualized equivalent | 7-day average, annualized equivalent | 30-day average, annualized equivalent | Days |
|---|---|---|---|---|
| OKX | 2.65% | 2.09% | 2.87% | 31 |
| Bitget | 5.48% | 3.79% | 5.43% | 31 |
| KuCoin | 5.48% | 3.27% | 3.76% | 31 |
| Aster perp-DEX | 5.48% | 4.41% | 4.86% | 31 |
| BingX | 5.48% | 4.83% | 5.66% | 31 |
| edgeX perp-DEX | 9.34% | 2.3% | 6.42% | 31 |
| Hyperliquid perp-DEX | 10.95% | 8.99% | 14.5% | 31 |
| MEXC | 2.41% | 1.06% | 3.17% | 31 |
| Gate.io | 10.95% | -0.64% | 3.8% | 31 |
| Binance | 4.88% | 2.1% | 0.55% | 11 |
| Bybit | 10.95% | 2.18% | 1.92% | 11 |
| Lighter perp-DEX | — | -6.97% | -7.57% | 11 |
| Extended perp-DEX | — | 2.26% | 0.81% | 11 |
| GRVT perp-DEX | — | -1.92% | -3.64% | 11 |
How rates and payments are calculated
The 8-hour equivalent is the rate per interval × 8 ÷ interval hours. It makes different intervals comparable. One payment is position notional × the original rate. The annualized equivalent in the history is a linear conversion of the rate to one year.
VIRTUAL funding questions
Who receives funding when the VIRTUAL rate is positive?
At a positive rate, long holders pay short holders. At a negative rate, the direction reverses. The payment depends on the position notional and the rate of the specific contract.
Should I multiply the payment by leverage again?
No, if the calculator already contains the full position notional. Leverage is used once: position notional equals collateral multiplied by leverage.