24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,207,191Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

PHAROS Funding Rates

4 exchanges · updated 26 Oct, 18:26 UTC

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

Highest now11.0%BinanceLowest now11.0%BingXOpen interest$8.6M24h volume$3.8M
Best pair over 7 days
Long Bybit · Short MEXC · 13.9% a year, 6.1% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
BinanceCEX 11.0%+0.0050% / 4h 13.7% 7 days25.2%paid 100% of hours every 4hnext 20:00 UTC 0.6281 $5.8M $1.8M Trade
BybitCEX 11.0%+0.0050% / 4h 11.0% 7 days10.9%paid 100% of hours every 4hnext 20:00 UTC 0.62885 $1.1M $205K Trade
MEXCCEX 11.0%+0.0050% / 4h 13.6% 7 days24.9%paid 100% of hours every 4hnext 20:00 UTC 0.6281 $310K $110K Trade
BingXCEX 11.0%+0.0050% / 4h 17.8% 7 days13.0%paid 86% of hours every 4hnext 20:00 UTC 0.62765 $1.4M $1.7M Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongBybitShortMEXC
CEX ↔ CEX · thin market
13.9% 6.1%fees 0.15% Price spread−0.21%usual −0.049% $310K Open
LongBingXShortMEXC
CEX ↔ CEX · thin market
11.9% 4.6%fees 0.14% Price spread+0.016%usual +0.051% $310K Open
LongBybitShortBinance
CEX ↔ CEX · thin market
14.2% 3.3%fees 0.21% Price spread−0.21%usual −0.049% $1.1M Open
LongBingXShortBinance
CEX ↔ CEX · thin market
12.2% 1.8%fees 0.20% Price spread+0.016%usual +0.052% $1.4M Open
LongMEXCShortBinance
CEX ↔ CEX · thin market
0.3% −7.0%fees 0.14% Price spread−0.032%usual −0.001% $310K Open
LongBybitShortBingX
CEX ↔ CEX · thin market
2.0% −8.9%fees 0.21% Price spread−0.30%usual −0.084% $1.1M 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.