24h volume$149,807,929,781−0.14%Open interest$131,843,954,116+0.39%Liquidations 24h$118,559,760+1.79%Longs/Shorts 24h49.74%/50.26%US 30Y5.305%+0.004US debt$40.53T+$65.2B
trifolio

← Arbitrage & Funding

COW Funding Rates

4 exchanges · updated 28 Oct, 04:56 UTC

COW perpetual funding on 4 exchanges, a year (APR): positive means longs pay shorts.

Highest now11.0%BinanceLowest now7.7%BingXOpen interest$2.5M24h volume$7.1M
Best pair over 7 days
Long BingX · Short MEXC · 9.2% a year, −0.2% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
BinanceCEX 11.0%+0.0050% / 4h 11.0% 7 days9.3%paid 96% of hours every 4hnext 08:00 UTC 0.12725 $1.3M $382K Trade
BybitCEX 11.0%+0.0050% / 4h 11.1% 7 days10.6%paid 99% of hours every 4hnext 08:00 UTC 0.12752 $590K $113K Trade
MEXCCEX 11.0%+0.0050% / 4h 11.0% 7 days9.3%paid 96% of hours every 4hnext 08:00 UTC 0.12725 $252K $108K Trade
BingXCEX 7.7%+0.0035% / 4h 7.7% 7 days0.1%paid 75% of hours every 4hnext 08:00 UTC 0.12735 $353K $6.5M Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongBingXShortMEXC
CEX ↔ CEX · thin market
9.2% −0.2%fees 0.18% Price spread−0.16%usual −0.074% $252K Open
LongBingXShortBybit
CEX ↔ CEX · thin market
10.5% −0.4%fees 0.21% Price spread−0.016%usual +0.11% $353K Open
LongBingXShortBinance
CEX ↔ CEX · thin market
9.2% −1.2%fees 0.20% Price spread−0.16%usual −0.072% $353K Open
LongMEXCShortBybit
CEX ↔ CEX · thin market
1.3% −8.6%fees 0.19% Price spread+0.063%usual +0.18% $252K Open
LongBinanceShortBybit
CEX ↔ CEX · thin market
1.3% −9.6%fees 0.21% Price spread+0.063%usual +0.17% $590K Open
Other coins

Funding from each exchange’s API, refreshed every minute; averages from our hourly records. Links to exchanges are referral links. This is information, not financial advice.