VIRTUAL funding rate on Variational

Funding APR
-24.62%
-0.0112% / 4h
Interval
4h
next 20:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
13
listing this pair

Over the last 30 days, VIRTUAL funding on Variational averaged -8.5% APR and stayed positive 36.5% of the time, ranging from -94.1% to +10.9%. Right now it pays shorts pay longs at -24.6% APR, settled every 4h across 13 venues we track. The most reliable delta-neutral pairing for VIRTUAL right now is long Phoenix / short Hyperliquid at +29.8% net APR (medium risk, ~1.6d to break even).

as of 2026-09-12 17:46 UTC

VIRTUAL funding history on Variationallast 30d

30d average
-8.48%
Range
-94% / 11%
% positive
36.5%
Volatility
17.8
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+29.8% net APR
Backtested (30d)
+20.7%
Stability
97.8%
Risk
medium
Breakeven
~1.6d

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+16.46%
Hyperliquid+10.95%
Aster+10.95%
Pacifica+10.88%
Extended+9.64%
Grvt+0.22%
Lighter+0.00%
SoDEX-21.28%
Variational-24.62%
Polymarket-25.43%
n1xyz-27.16%
Phoenix-27.65%
TxFlow-34.67%

Frequently asked

What is the current VIRTUAL funding rate on Variational?

VIRTUAL on Variational is funding at -24.62% APR (-0.0112% every 4h), paid shorts pay longs, as of 2026-09-12 17:46 UTC.

How often does Variational pay funding on VIRTUAL?

Every 4 hours.

How do I earn VIRTUAL funding without price risk?

Open a delta-neutral position: long Phoenix and short Hyperliquid, currently 29.8% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy