24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,207,581Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

PHA Funding Rates

7 exchanges · updated 26 Oct, 18:26 UTC

PHA perpetual funding on 7 exchanges, a year (APR): positive means longs pay shorts.

Highest now11.0%KuCoinLowest now−29.1%BybitOpen interest$12.3M24h volume$25.9M
Best pair over 7 days
Long MEXC · Short BingX · 46.7% a year, 39.4% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
KuCoinCEX 11.0%+0.0050% / 4h 10.8% 7 days−60.0%paid 47% of hours every 4hnext 20:00 UTC 0.05109 $462K $261K Trade
BingXCEX −9.0%−0.0041% / 4h 3.6% 7 days−21.7%paid 68% of hours every 4hnext 20:00 UTC 0.051015 $1.4M $1.6M Trade
GateCEX −11.4%−0.0052% / 4h 0.5% 7 days−59.4%paid 29% of hours every 4hnext 20:00 UTC 0.051125 $458K $426K Trade
BitgetCEX −12.5%−0.0057% / 4h −10.5% 7 days−37.8%paid 37% of hours every 4hnext 20:00 UTC 0.050995 $1.3M $2.5M Trade
MEXCCEX −24.1%−0.0110% / 4h −10.9% 7 days−68.3%paid 12% of hours every 4hnext 20:00 UTC 0.051025 $2.1M $1.7M Trade
BinanceCEX −24.2%−0.0111% / 4h −11.0% 7 days−68.4%paid 13% of hours every 4hnext 20:00 UTC 0.051025 $4.6M $16.5M Trade
BybitCEX −29.1%−0.0133% / 4h −8.9% 7 days−52.3%paid 66% of hours every 4hnext 20:00 UTC 0.051015 $2.0M $2.8M Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongMEXCShortBingX
CEX ↔ CEX · thin market		 46.7% 39.4%fees 0.14% Price spread−0.098%usual +0.051% $1.4M Open
LongBinanceShortBingX
CEX ↔ CEX · thin market		 46.8% 36.4%fees 0.20% Price spread−0.098%usual +0.051% $1.4M Open
LongGateShortBingX
CEX ↔ CEX · thin market		 37.7% 27.3%fees 0.20% Price spread−0.27%usual −0.072% $458K Open
LongKuCoinShortBingX
CEX ↔ CEX · thin market		 38.3% 26.8%fees 0.22% Price spread−0.35%usual +0.015% $462K Open
LongMEXCShortBitget
CEX ↔ CEX · thin market		 30.6% 22.3%fees 0.16% Price spread−0.14%usual −0.038% $1.3M Open
LongBybitShortBingX
CEX ↔ CEX · thin market		 30.6% 19.7%fees 0.21% Price spread−0.078%usual −0.070% $1.4M Open
LongBinanceShortBitget
CEX ↔ CEX · thin market		 30.7% 19.2%fees 0.22% Price spread−0.14%usual −0.036% $1.3M Open
LongGateShortBitget
CEX ↔ CEX · thin market		 21.6% 10.1%fees 0.22% Price spread−0.31%usual −0.16% $458K Open
LongKuCoinShortBitget
CEX ↔ CEX · thin market		 22.2% 9.7%fees 0.24% Price spread−0.39%usual −0.045% $462K Open
LongMEXCShortBybit
CEX ↔ CEX · thin market		 16.1% 8.3%fees 0.15% Price spread−0.078%usual +0.12% $2.0M Open
Other coins
ZECSOLXRPBTCHYPENEARXAUTWLFIETHBNBSUITAOXMRENAASTERTRXBCHLTCDOGEVVVZROAVAXUNILINKAAVEADAXPLPEPEONDOWLDLITINJ币安人生BTWHBARARB

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.