24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,187,326Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

USUAL Funding Rates

7 exchanges · updated 26 Oct, 18:26 UTC

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

Highest now11.0%HyperliquidLowest now11.0%BingXOpen interest$9.1M24h volume$6.8M
Best pair over 7 days
Long MEXC · Short Hyperliquid · 0.5% a year, −6.3% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
HyperliquidDEX 11.0%+0.0013% / 1h 11.0% 7 days11.0%paid 100% of hours hourlynext 19:00 UTC 0.0108 $729K $401K Trade
BinanceCEX 11.0%+0.0050% / 4h 9.0% 7 days10.5%paid 99% of hours every 4hnext 20:00 UTC 0.010778 $1.8M $3.8M Trade
BybitCEX 11.0%+0.0050% / 4h 11.0% 7 days10.9%paid 100% of hours every 4hnext 20:00 UTC 0.010798 $552K $680K Trade
BitgetCEX 11.0%+0.0050% / 4h 11.0% 7 days10.9%paid 100% of hours every 4hnext 20:00 UTC 0.01078 $559K $307K Trade
GateCEX 11.0%+0.0100% / 8h 11.0% 7 days10.9%paid 100% of hours every 8hnext 00:00 UTC 0.0108 $649K $205K Trade
MEXCCEX 11.0%+0.0050% / 4h 9.0% 7 days10.5%paid 99% of hours every 4hnext 20:00 UTC 0.010778 $3.9M $154K Trade
BingXCEX 11.0%+0.0050% / 4h 11.0% 7 days11.0%paid 100% of hours every 4hnext 20:00 UTC 0.010786 $860K $1.3M Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongMEXCShortHyperliquid
DEX ↔ CEX · thin market		 0.5% −6.3%fees 0.13% Price spread−0.028%usual +0.24% $729K Open
LongMEXCShortGate
CEX ↔ CEX · thin market		 0.5% −6.8%fees 0.14% Price spread+0.065%usual +0.22% $649K Open
LongMEXCShortBingX
CEX ↔ CEX · thin market		 0.5% −6.8%fees 0.14% Price spread−0.009%usual +0.083% $860K Open
LongMEXCShortBybit
CEX ↔ CEX · thin market		 0.5% −7.3%fees 0.15% Price spread+0.083%usual +0.16% $552K Open
LongMEXCShortBitget
CEX ↔ CEX · thin market		 0.5% −7.8%fees 0.16% Price spread−0.12%usual +0.041% $559K Open
LongBinanceShortHyperliquid
DEX ↔ CEX · thin market		 0.5% −9.4%fees 0.19% Price spread−0.009%usual +0.26% $729K Open
LongBinanceShortGate
CEX ↔ CEX · thin market		 0.5% −9.9%fees 0.20% Price spread+0.083%usual +0.22% $649K Open
LongBinanceShortBingX
CEX ↔ CEX · thin market		 0.5% −9.9%fees 0.20% Price spread+0.009%usual +0.084% $860K Open
LongBinanceShortBybit
CEX ↔ CEX · thin market		 0.5% −10.4%fees 0.21% Price spread+0.10%usual +0.16% $552K Open
LongBinanceShortBitget
CEX ↔ CEX · thin market		 0.5% −11.0%fees 0.22% Price spread−0.10%usual +0.034% $559K 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.