Question 1

What is a perpetual future?

Accepted Answer

A perpetual future tracks the spot price of an asset without an expiry date. Traders post collateral to control a larger notional position and pay or receive a periodic funding fee that keeps the perpetual price aligned with spot.

Question 2

Why trade VIRTUAL on VOOI Ultra?

Accepted Answer

VOOI Ultra routes VIRTUAL orders across supported venues (Hyperliquid, Lighter, Aster, Extended, Binance, trade.xyz, and Kinetiq) from a single non-custodial interface — whether it's trading app or trading via CLI/MCP/API. You see every venue's depth and fees side by side to choose the best execution at any moment.

Question 3

How is the funding rate set?

Accepted Answer

Each venue computes its own VIRTUAL funding rate from the gap between the perpetual price and the spot index. Positive rates mean longs pay shorts; negative rates flip the direction. The funding interval differs per venue and is shown on each venue card above.

Question 4

Can I arbitrage VIRTUAL funding rates?

Accepted Answer

Use the Arbitrage Desk to spot delta-neutral spreads across two supported venues. Farm the difference per venue and execute low-risk trading strategy via VOOI with historical backtests and one-click funding rate arbitrage strategy setup.

Metric	Hyperliquid+5.82%	Lighter+3.10%	Aster+5.76%	Binance+5.31%	MEXC-1.17%
Mid price	$0.6290	$0.62822	$0.6286322	$0.6281000	$0.6283
QuoteAsset	USDC	USDC	USDT	USDT	USDT
FundingAnnualized APR	+0.0013%+10.9% APR	+0.0012%LOWEST+10.5% APR	+0.0013%+10.9% APR	+0.0013%+10.9% APR	+0.0013%+10.9% APR
Open InterestUSD notional	$8.38M	$163.0K	$24.4K	$14.43MDEEPEST	$5.36M
24h Volume	$3.93M	$326.0K	$169.4K	$36.39MHIGHEST	$4.01M
Max leverage	5×	5×	20×	75×	100×HIGHEST
Next funding	—	—	—	—	—
	Trade on Hyperliquid	Trade on Lighter	Trade on Aster	Trade on Binance	Trade on MEXC

VIRTUALPerpetual Futures

VIRTUAL Perp Trading on VOOI Ultra

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