24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,206,571Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
PONS Funding Rates
14 exchanges · updated 26 Oct, 18:26 UTCPONS perpetual funding on 14 exchanges, a year (APR): positive means longs pay shorts.
Highest now177%GateLowest now10.5%Lighter RHOpen interest$98.4M24h volume$61.4M
Best pair over 7 days
Open in ArbitrageLong Lighter RH · Short Kraken · 66.7% a year, 61.5% after fees
Funding by exchange· highest first
| Exchange | Now | 24h | 7 days | Payout | Price | Open interest | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| GateCEX | 177%+0.0810% / 4h | 23.5% | 7 days8.3%paid 58% of hours | every 4hnext 20:00 UTC | 0.2483 | $25.9M | $1.9M | Trade |
| KrakenCEX | 94.8%+0.0108% / 1h | 61.0% | 7 days58.6%paid 90% of hours | hourlynext 19:00 UTC | 0.2482 | $499K | $415K | Trade |
| HyperliquidDEX | 11.0%+0.0013% / 1h | 11.0% | 7 days11.1%paid 100% of hours | hourlynext 19:00 UTC | 0.2484 | $20.4M | $4.2M | Trade |
| AsterDEX | 11.0%+0.0050% / 4h | 11.0% | 7 days10.9%paid 100% of hours | every 4hnext 20:00 UTC | 0.2484 | $449K | $288K | Trade |
| VariationalDEX | 11.0%+0.0050% / 4h | 11.0% | 7 days10.9%paid 100% of hours | every 4hnext 20:00 UTC | 0.24805 | $958K | $400K | Trade |
| BinanceCEX | 11.0%+0.0050% / 4h | 11.0% | 7 days10.9%paid 100% of hours | every 4hnext 20:00 UTC | 0.24835 | $22.9M | $22.3M | Trade |
| BybitCEX | 11.0%+0.0050% / 4h | 10.3% | 7 days10.2%paid 98% of hours | every 4hnext 20:00 UTC | 0.24815 | $10.8M | $7.0M | Trade |
| OKXCEX | 11.0%+0.0050% / 4h | 11.0% | 7 days10.9%paid 100% of hours | every 4hnext 20:00 UTC | 0.24815 | $7.9M | $16.1M | Trade |
| BitgetCEX | 11.0%+0.0050% / 4h | 11.0% | 7 days10.9%paid 100% of hours | every 4hnext 20:00 UTC | 0.24829 | $2.1M | $2.7M | Trade |
| MEXCCEX | 11.0%+0.0050% / 4h | 11.0% | 7 days10.9%paid 100% of hours | every 4hnext 20:00 UTC | 0.24855 | $3.0M | $1.4M | Trade |
| KuCoinCEX | 11.0%+0.0050% / 4h | 11.0% | 7 days12.9%paid 100% of hours | every 4hnext 20:00 UTC | 0.24846 | $1.4M | $1.8M | Trade |
| BingXCEX | 11.0%+0.0050% / 4h | 11.0% | 7 days10.9%paid 100% of hours | every 4hnext 20:00 UTC | 0.24835 | $907K | $1.1M | Trade |
| LighterDEX | 10.5%+0.0012% / 1h | 10.5% | 7 days4.9%paid 83% of hours | hourlynext 19:00 UTC | 0.24864 | $638K | $589K | Trade |
| Lighter RHDEX | 10.5%+0.0012% / 1h | 13.5% | 7 days−8.1%paid 44% of hours | hourlynext 19:00 UTC | 0.2487 | $589K | $1.3M | Trade |
Best pairs· after taker fees in and out over a 7-day hold
| Pair | 7 days | After fees | Price spread | Liquidity | |
|---|---|---|---|---|---|
LongLighter RHShortKraken DEX ↔ CEX · thin market |
66.7% | 61.5%fees 0.10% | Price spread−0.28%usual −0.19% | $499K | Open |
LongLighterShortKraken DEX ↔ CEX · thin market |
53.7% | 48.5%fees 0.10% | Price spread−0.26%usual −0.026% | $499K | Open |
LongVariationalShortKraken DEX ↔ CEX · thin market |
47.7% | 42.5%fees 0.10% | Price spread−0.19%usual +0.067% | $499K | Open |
LongMEXCShortKraken CEX ↔ CEX · thin market |
47.7% | 42.5%fees 0.10% | Price spread−0.24%usual −0.017% | $499K | Open |
LongGateShortKraken CEX ↔ CEX · thin market |
50.3% | 39.9%fees 0.20% | Price spread−0.16%usual +0.012% | $499K | Open |
LongBingXShortKraken CEX ↔ CEX · thin market |
48.8% | 38.4%fees 0.20% | Price spread−0.16%usual +0.003% | $499K | Open |
LongAsterShortKraken DEX ↔ CEX · thin market |
47.7% | 38.3%fees 0.18% | Price spread−0.17%usual −0.018% | $449K | Open |
LongHyperliquidShortKraken DEX ↔ CEX · thin market |
47.5% | 37.6%fees 0.19% | Price spread−0.21%usual −0.023% | $499K | Open |
LongBybitShortKraken CEX ↔ CEX · thin market |
48.4% | 37.5%fees 0.21% | Price spread−0.081%usual +0.067% | $499K | Open |
LongOKXShortKraken CEX ↔ CEX · thin market |
47.7% | 37.3%fees 0.20% | Price spread−0.081%usual +0.042% | $499K | 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.