VIRTUAL funding rate on Lighter

Funding APR
-9.64%
-0.0011% / 1h
Interval
1h
next 11:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
12
listing this pair

Over the last 30 days, VIRTUAL funding on Lighter averaged -8.0% APR and stayed positive 54.5% of the time, ranging from -80.7% to +10.5%. Right now it pays shorts pay longs at -9.6% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for VIRTUAL right now is long Phoenix / short Pacifica at +4.1% net APR (medium risk, ~5.4d to break even).

as of 2026-07-29 10:40 UTC

VIRTUAL funding history on Lighterlast 30d

30d average
-7.96%
Range
-81% / 11%
% positive
54.5%
Volatility
23.5
Best delta-neutral pairing
Long Lighter / Short Extended
+14.0% net APR
Backtested (30d)
+11.9%
Stability
96.6%
Risk
medium
Breakeven
~2.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How VIRTUAL funding compares across venues

ExchangeFunding APR
Kraken+12.09%
Extended+11.39%
dYdX+10.95%
Aster+10.95%
Hyperliquid+9.47%
SoDEX+0.09%
Variational-7.06%
Pacifica-8.79%
Lighter-9.64%
01xyz-14.89%
Grvt-19.71%
Phoenix-26.46%

Frequently asked

What is the current VIRTUAL funding rate on Lighter?

VIRTUAL on Lighter is funding at -9.64% APR (-0.0011% every 1h), paid shorts pay longs, as of 2026-07-29 10:40 UTC.

How often does Lighter pay funding on VIRTUAL?

Every 1 hour.

How do I earn VIRTUAL funding without price risk?

Open a delta-neutral position: long Lighter and short Extended, currently 14.0% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy