Enhanced Funding Rates

Funding rate grid, historical charts, and cumulative funding calculator

TL;DR

Compare perpetual futures funding rates in real-time across 20 exchanges including Hyperliquid, TradeXYZ, dYdX, Paradex, Lighter, Aster, and EdgeX. Funding rates are periodic payments between long and short position holders that keep perpetual futures prices anchored to spot. Intervals vary by venue — 1h on dYdX, Backpack and Extended, 8h on Hyperliquid, Paradex and Aster — and all rates here are normalised to an 8h basis before comparison. Rates typically range from -0.1% to +0.1% per period, creating arbitrage opportunities when differentials exceed transaction costs.

ExchangeBTCUS100SETHUS500SXAUSXAUXAUTZECPAXGUS500TWISQQQSNDKANTHROPICSOLHYPEBNBOPENAIMUXMRMETAGOOGLTAOCLNVDASPCXAAPLBZXAGSUSOILPAMDTSLAMSFTAAVEXPDAMZNSKHYQNTNEARXPTMSTRLTCUKOILPNBISINTCXAGTSMSP500CRCLSKHXSOXLXRPGOLDDRAMLLYHOODLITEPUMPEWYSILVERBRKBAVGOLITMRVLXYZ100PLTRLINKENAORCLSTRCCOINBRENTOILUNIDELLCBRSDOGEVVVXPLSUIONDOBCHWLDSTXXSMSNBABACATARMGRAMZROCOSTAVAXTTWOPONSIWMCASHCATMONQCOMADAAMATIBMUBERMRNAJPMRKLBKPEPEAEROCXMTCRDOLIGHTERFARTCOINCRWVGRASSJPYARBDASHSOXSASTERVISAJUPEURZHIPUCRWDXLMCRVPENGUUNITREEHDHBARETHFINFLXPURRALABPURRDATCOPPERLDOAAOIPENDLEIRENINJTRXBBEWJTRUMPVIRTUALYFICHIPKBONKFETUSELESSWLFIFILNATGASMORPHOTZACRMSNOWSPXOKBETCJTOSKYSYRUPICPWMTMNTSTRKWIFNILPOLBMNRHIMSMEGADOTCCRDDTTIABX2ZTXNARDISBEUSARAPTEIGENSEIURNMIMXEWZCSCOALGOWMETXLEMINIMAXJP225CAKERENDERBOMEKLACCIENSMCIBOTPLATINUMAPEXOPNOKCFXMINAATOMGMEXBIEWTKSHIBENSSMH0GTERLINEAPYTHKORUBBXQNTXPOPCATRUNEKIOXIAKASPALLADIUMDYDXASMLZMWDCNVOKAITOZENHPESOFTBANKSTBLKSMBERANOWAPEBCHSVKSTRAZTECMELANIAREZEBAYCOMPZORAGOATRESOLVPNUTUVXYHMSTRRIVNGIGGLESTXBIOBLURSKRHYUNDAIIOTASAGAGRIFFAINDKNGBSVGMXZETAAVNTSONYIOTLTNMRTRBSHAZHEMIALTSMAGSFWDIFOGORAYGIGADEVGBPORDIKR200TMFSTABLESHEINPAYPZKSUPERLAYERNETSANDNCLDMEMENEOUSUALOURAMERLSUSHISNXXAIORCAGEVMOODENGAXSMANTALYTEAIXBTDYMGALANXPCKFLOKIACEBRETTCELOBNCKLUNCPEOPLESOPHMETURBOPROVEINITANIMETNSRUMABRMOVECLANKERYGGRSRMETEORABANANASNXXKNEIROBIGTIMEWENTWTEDGENOTGMTBABYGASMCVXWCTBIRDPIEVERSEHYPERTHETAZAMASOONEGLDGRVTPOLYXDEXEMETISRPLFOLKSRIVERENSOAKTPUMPFUNSHIBILVGPROFLUIDMANA1INCHPEPELSKEULCROUAIPHAATHUS100SOMIRE_ETHBATBONKMASKMOVRCOWSOSOGRTQTUMGENIUSRLCLPTLQTYFLOCKARKMOPGBASEDWTIB2TRADOORHNTPEAQRAVEAUCTIONOGONGASRLABFF0VELODROME1000000MOGCYSZEREBROKITEALLORAPLUMEXTZMAGMABEATOVERTAKEAIOTDUSKCHZAKENGSUNSFPPOWERAEVO1000PEPELUMIAREDSENTIENTSSVONBARDXCUALPINEAPI3AIOZVELVETBANDNAORISARKJSTSKRSAVA1000FLOKIKNCO4USTRUSTKMNOBITLIGHTXDCLAGRANGEHEISIGNAGLDMUBARAKERAFLOWWALKGENKOMASPKSTEEMLUNA2FLRBSBCYBERTADRIFTJASMYWOOTREEKERNELTAIKOVANATOKENHDEEPSAFESAPIENBMTZRXMAGICFLUXIDPROMPTCHILLGUY1000BONKENJSTGBELMYXXNYCAPTUTORIALBROCCOLICGPTDOLODBRESPORTSRECALLONTBTR0BICOHOLOALICECOTIEDUORDERPUFFERIRYSCTCVETZKCPARTIUBCORESTOMMTOPN_OPINIONAXLKAIAXANAGISTORJCOOKIEBEAMZBTINHUMAYBXVGCROSSPUNDIXCHRMITOAC98BABYLCVCSANTOSCETUSGWEIROSESAHARAARCSOLMAVIASONICARPAESPRESSOLRCONEGLMRAREACHGPSSQDASTRTTURTLEHOMEZILELSAPOWRXCNBANANAS31SOPHONDIAGUAVELOBBITBLESSWAVESSHELLQKAVAIDOLDOODTLMMEWCALCHPORTALCARVRVNPTBSXTBOBABREVICNTPIXELAPROIOTXSNTUSTCBLASTIOSTCATIB3SKLFIDAANKRARIAHUMIDIFICKBMAVZBCNSLP1NEIROTOWNSFHAEDALBANXPINSPELLTAGTACMATICRNDRFTMMKRFXSHPOSRLBUNIBOTOXFRIENDSHIABLZFTTLOOMOGNRDNTBNTCANTOREQORBSTONSTRAXBADGERNFTINTRNPANDORAAIMYROOMNILISTAKDOGSSCRNEIROETHAI16ZVINEJELLYTSTIPOMLAUNCHCOINYZYURANIUMALUMINIUMDXYVIXCORNWHEATTTFVOLKRWH100NIFTYIBOVIBIDENYMTCHOLRCXUMCSPACEXMAG7SEMISROBOTINFOTECHNUCLEARDEFENSEENERGYBIOTECHGOLDJMSILVERJMSOYUSA500KWEBCARGNSTRUTHSHIELDAMZNSBETBANKEVAAUSD1SLXARGUSSTARRVVAWEGLMRNIGHTWHITEWHALESHIELDSTXESPFHE龙虾BROCCOLI714STONKBROKERFONESHIELDAUDAXTITROLLOPENBUILDBTCUSKYAIMTLPROMAFEEGDOSZZZSHIELDADAMANTRAPIPPINUSDCSHIELDZECFORMHANA42500ETHTIGRASTEROIDSYNRLSPUMPBTCMEMESSHIELDTRX雪球SHIELDTSLAGLW1000WOJAKSENTIS哈基米METAUSD1DRVBLENDBTWRONIN1000SATS币安人生SPACEUSDCUSD1SHIELDGBPBLUAISHIELDAMDACXTAKELAPTOPNOMUSDTUSD1EGL1ETHUSD1MUUSD1FRAXPRLBOOPRTXAVAAIXAGUSD1ARXPOLYMARKETUSD1SHIELDNVDATHEGSTOCKALLOVERONAPAIDGOOGSOLUSD1SWARMSOURAUSD1BBNC4KATCOAIUPSHIELDXPDU4STOCKANSEMCOLLECTXIAOMIIRCTRPORT3VANRYSHIELD1000PEPE黑马TUTTRUBIRBSHIELDWDCGUN1000SHIBCOHRSHIELDBCH1000LUNCSHIELDPUMPADBEPENGUINJCTINXDAIBNCUSD1BTCDOMAT1000RATSZESTETHUPOPMARTCLUSD1ARTXCARDSVAPMTOSHIAGTBAYSHIELDLINKNEIROFUNSHIELDINTCMEITUAN1000NEXBONERDELTAHIGHSHIELDNFLXDZKPSHIELDXAGFLORK500BTCSOLVCFGONDSEDENJELLYJELLYSKHYNIXUSDGAEONPLAYDOGSBZUSD1COSBEMHKDCUDISSAMSUNGAIAVUSDTSHIELDXPTSTONKSSHIELDXRPZRCSHIELDQQQSKHYNIXUSD1HAYCDLLIGHTVANAGPROUSD1AINGTCBTRWOJAKSENTCDLUSD1CUSDTSHIELDGOOGSIRENOWLSHIELDXAUAPXSHIELDMSTRCATEAIOSNDKUSD1ARCTMXMXNMEMESTOCKXAUUSD1FIGHTSTONKAIGENSYNBASECATVFYFUTUBULLA人生K线BENTQQQFFSHIELDCOINLYNCHFTRIAWETSHROOM1000XECBOBACURAILRIFSHIELDPLTRSPCXUSD1MOONSHOTUSD1PHAROSBASB-MONEY我踏马来了AVLDAMAUD1000CHEEMS老子SHIELDMETASPYRENBCOMMONBILLCNYAPRPAIRPDDSHIELDEURMARSCOIN1000CATAIW3PROSKUAISHOUROBOBTCUSD1NESOPNAGPUASTSCLOPUNDIAIASTERUSD1BREWLADEGOCDLFORMZCATMAXTENCENTSHIELDGOOGLLISUSDWARD牛来FLNCMUU
Aster+10.5%—0.0%——+23.4%—+11.0%+3.6%——0.0%0.0%+5.5%0.0%+2.4%0.0%+5.5%0.0%+11.0%0.0%+0.7%+5.5%-4.5%0.0%+2.4%0.0%0.0%——0.0%0.0%0.0%+11.0%+83.9%0.0%-2.6%+11.0%0.0%+18.5%0.0%+11.0%—+11.9%0.0%+16.7%0.0%—0.0%+1.4%0.0%0.0%—+14.4%0.0%0.0%0.0%+5.5%+19.3%—0.0%0.0%+5.5%0.0%—0.0%+11.0%+5.5%0.0%0.0%0.0%—0.0%0.0%0.0%+3.0%+5.5%+5.5%0.0%+5.5%0.0%+11.0%0.0%+1.4%0.0%—0.0%+24.7%+5.5%0.0%0.0%—+22.1%0.0%+1.4%+5.5%0.0%+10.6%0.0%0.0%0.0%0.0%0.0%0.0%—+5.5%0.0%0.0%—+5.5%0.0%+5.5%0.0%+11.0%+11.0%—+5.5%—+0.2%0.0%0.0%0.0%+11.0%+11.0%+5.5%0.0%0.0%+11.0%+5.5%0.0%——+1.4%—+11.0%0.0%+11.0%0.0%0.0%0.0%+5.5%0.0%+5.5%+5.5%+11.0%+5.5%—+11.0%+31.6%+5.5%+11.0%0.0%+5.5%—0.0%—+5.5%+1.4%+11.0%+5.5%+5.5%+5.5%-1.2%0.0%—+5.5%+5.5%+5.5%0.0%0.0%0.0%+5.5%0.0%+5.5%—+5.5%0.0%+5.5%—+11.0%0.0%0.0%0.0%+11.0%+5.5%+11.0%0.0%—0.0%0.0%+11.0%—-3.2%0.0%0.0%—+5.5%+5.5%+5.5%——————0.0%0.0%+11.0%—-3.9%0.0%—0.0%—+11.0%—+5.5%—+5.5%+5.5%0.0%0.0%0.0%———+5.5%—+11.0%0.0%0.0%0.0%0.0%+5.5%+11.0%0.0%—+28.9%—0.0%0.0%+11.0%—0.0%+5.5%+5.5%+5.5%0.0%—+5.5%—+5.5%+5.5%0.0%+5.5%0.0%+5.5%+11.0%+5.5%+5.5%+5.5%0.0%—-393.9%+43.2%0.0%—0.0%—+5.5%—+5.5%——+4.8%—+5.5%—+5.5%——+4.1%——0.0%+4.0%——+5.5%—0.0%+5.5%—+5.5%—+11.0%—+1.4%———+5.5%+11.0%+11.0%-2.6%-7.8%—+5.5%+5.5%0.0%0.0%—+5.5%+11.0%——+5.5%————+11.0%—+5.5%+5.5%+5.5%+5.5%+5.5%+5.5%+5.5%+5.5%+4.7%+75.5%+5.5%———+28.8%————+5.5%+5.5%+5.5%+5.5%—+16.5%——0.0%+32.5%+5.5%+11.0%+5.5%+20.2%—+43.9%+5.5%+5.5%-14.3%+5.5%+5.5%+38.8%+5.5%——0.0%———+11.0%——-3.3%+5.5%—+9.2%+5.5%+5.5%—+5.5%————+5.5%-37.8%———+15.8%—+5.5%—-12.2%+11.0%+5.5%+5.5%—+59.8%+13.6%——+5.5%+5.5%—+5.5%—+18.1%———+5.5%+5.5%+22.2%—+5.5%—+5.5%+5.5%—-1.4%+5.5%+7.1%+5.5%———+8.1%+5.5%0.0%+5.5%+5.5%——+5.5%+5.5%0.0%—+5.5%—+5.5%—+26.2%———+1.3%+11.0%+11.0%+5.5%+5.5%+72.4%+5.5%————+5.5%+5.5%—+5.5%+5.5%+5.5%—+24.5%+47.2%+5.5%+5.5%+20.0%—+5.5%+5.5%+5.5%—+1.6%—+5.5%—+5.5%—+28.7%——+5.5%+5.5%—0.0%-59.4%+5.5%+76.7%+5.5%+5.5%-4.6%+5.5%+11.0%+5.5%+5.5%+5.5%———+5.5%—+21.4%+71.5%+5.5%—+11.0%+5.5%+5.5%-31.0%+11.0%——+5.5%——+5.5%0.0%+7.0%—+5.5%+5.5%—+5.5%—+5.5%—+1.4%——+5.5%+5.5%+11.9%+5.5%————+5.5%——————+5.5%+11.0%+5.5%———+11.0%——-273.5%—+1.2%—+5.5%+5.5%——+5.5%+5.5%+5.5%+5.5%+5.5%-6.2%+5.5%——+29.6%+1.4%—+16.3%—+5.5%+5.5%—+25.7%+44.3%+5.5%—+5.5%+5.5%+5.5%——+5.5%+5.5%—+5.5%—+5.5%—+11.0%—————+1.4%—+5.5%—+46.2%————+5.5%—+5.5%+5.5%—+55.7%+5.5%—+5.5%+5.5%0.0%——0.0%—————0.0%————+5.5%0.0%————+5.5%—————+8.3%——+5.5%————+1.4%—0.0%+1.4%——0.0%————————+11.0%————————+1.4%—————————————0.0%0.0%+5.5%+11.0%+5.5%+5.5%+23.9%+11.0%+6.3%+1.4%+5.5%+1.4%+5.5%+1.4%+5.5%+1.4%+11.0%+5.5%+40.2%+71.2%+5.5%+1.4%+2.0%+11.0%0.0%+1.4%+5.5%+1.4%-10.9%0.0%+5.5%+5.5%+11.0%+5.5%+5.5%+1.4%+11.0%+5.5%+81.9%+11.0%+11.0%+5.5%+5.5%+1.4%0.0%0.0%+1.4%+12.5%+1.4%+5.5%+1.4%+11.0%+1.4%+11.0%0.0%+1.4%+1.4%+5.5%+20.1%+1.4%+1.4%+34.2%+5.5%+1.4%+5.5%+9.3%+1.4%+11.0%+39.0%+11.0%+1.4%+34.1%-179.6%+5.5%+1.4%+11.0%+2.0%0.0%+0.8%+5.5%0.0%+1.4%+21.4%0.0%+39.9%+5.5%+11.0%+5.5%+1.4%+5.5%+1.4%+17.8%0.0%-19.0%+42.0%+5.5%+22.3%+1.4%+5.5%+5.5%+1.4%0.0%+11.0%+1.4%+1.4%+5.5%0.0%+1.4%+5.5%+5.5%+1.4%+11.0%+1.4%0.0%+1.4%+14.8%+11.0%+5.5%+11.0%0.0%+11.0%+11.0%+11.0%0.0%+1.4%+5.5%-17.6%0.0%0.0%+11.0%+5.5%+33.6%+20.9%-22.0%0.0%-9.7%+1.4%+1.4%0.0%+1.4%+5.5%+10.3%+1.4%+11.0%+5.5%+74.9%+11.0%0.0%+1.4%+1.4%+1.4%+1.4%+11.0%+1.4%+5.5%0.0%+1.4%0.0%+5.5%+5.5%0.0%+5.5%+26.6%0.0%+11.0%+1.2%-8.8%+5.5%0.0%+1.4%+1.4%+11.0%+5.5%0.0%+27.9%+11.0%0.0%+3.8%+11.0%+5.5%+11.0%0.0%+11.0%+11.0%+6.1%-10.8%-43.0%+5.5%+11.0%+20.7%+1.4%+5.5%+11.0%+11.0%+11.0%+14.0%+1.4%0.0%+11.0%+11.0%+1.4%+5.5%0.0%+5.5%+1.4%0.0%+1.4%+21.6%+42.4%+18.0%+5.5%+1.4%+11.0%0.0%+57.4%+1.4%+1.4%0.0%+5.5%+11.0%+5.5%0.0%+35.2%+9.7%+1.4%+5.5%+1.4%+5.5%+1.4%+5.5%+11.0%+23.1%+5.5%+1.4%+9.7%+1.4%+5.5%+1.4%+5.5%0.0%+5.5%+1.4%+11.0%0.0%+5.5%+1.4%+1.4%+5.5%+11.0%+11.6%+1.4%0.0%+11.0%+5.5%+5.5%+126.9%+5.5%0.0%+5.5%+6.2%+1.4%+5.5%+11.0%+52.7%+8.6%+1.4%+11.0%+1.4%-20.6%+1.4%+11.0%+1.4%+1.4%0.0%+11.0%0.0%+1.4%+5.5%0.0%0.0%
Dreamcash0.0%—0.0%—————————————————0.0%0.0%——0.0%——————0.0%0.0%——0.0%————————0.0%———————0.0%——0.0%——0.0%0.0%———————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————0.0%—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————0.0%0.0%0.0%———————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
EdgeX——+11.0%————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
Ethereal+10.0%—+10.0%————+200.0%——————+10.0%+95.0%———+200.0%——+200.0%——————————+145.0%—————————————————+145.0%—————+145.0%————+200.0%————+145.0%———————+200.0%——+145.0%————————————————+200.0%—————————————-145.0%—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————+1000.0%———————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————+200.0%———————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
HyENA0.0%—0.0%————0.0%——————0.0%0.0%0.0%——0.0%—————————————————————0.0%—————————0.0%0.0%————0.0%—0.0%——0.0%———0.0%0.0%———————0.0%—0.0%0.0%—0.0%————————————————0.0%——————————0.0%0.0%————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————0.0%————————————————————————————————0.0%————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————0.0%——————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
Hyperliquid+1.4%—+1.4%————+1.4%+1.4%—————+1.4%+1.4%+0.5%——+1.4%——+1.4%——————————+1.4%————+2.2%——+2.1%—————————+1.4%—————+6.1%————+1.4%———+1.4%+1.4%————+1.4%——+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%—————+2.4%+1.4%—+1.2%—+4.5%—+14.5%+1.4%—-1.5%——————+1.4%+5.9%———+1.4%—+4.2%—+1.4%+1.4%—+1.4%—+1.4%———+5.2%+1.4%+1.4%——+3.3%+1.4%—+1.4%———+1.4%—+1.4%—+1.4%-2.1%——+1.4%+1.6%—+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%—+1.4%———+1.5%—+1.4%+1.4%+1.4%+1.4%-1.0%—+13.2%+1.4%+1.4%+1.4%+1.4%——+1.4%+1.4%+1.4%—+1.4%—+4.1%—+1.4%———+1.4%+1.4%+1.4%—+1.7%——+2.2%+1.4%+1.4%———+1.4%+1.4%+1.4%—————+71.3%+1.4%—+4.2%-3.8%-0.4%———+1.4%+1.4%—+1.4%—+2.7%+1.4%———+1.4%+1.4%—+1.4%—+1.4%————+1.4%+1.4%——+1.4%—-7.4%—+1.4%——+1.4%+1.4%+8.3%—+1.4%+1.4%+1.4%+17.3%+1.4%—+1.4%——+1.4%+7.1%+1.4%+1.4%—+1.4%-89.8%+1.4%—+2.2%+1.4%+1.4%+1.4%—+1.4%——+1.4%—+1.4%-1.4%+0.2%——+1.4%———+1.4%——+1.4%——+1.4%+1.4%+1.4%—+1.4%—+1.4%+1.4%+1.4%—+1.4%+1.4%+1.4%+1.4%——+1.4%+1.4%+1.4%—+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%+4.8%+1.4%—+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%+1.4%—+1.4%—+1.4%+1.4%—+1.4%—+1.4%+1.4%———+1.4%+1.4%+1.4%+1.4%——+1.4%——+1.4%—————+1.4%—————————0.0%—————————————————————————————————————————————0.0%——————————————————————————————0.0%———————————————————————————0.0%—————————————————0.0%0.0%——0.0%————————————————————————————————————————————————————————0.0%——————————————————————————————0.0%—0.0%——————————0.0%———0.0%0.0%—0.0%———————0.0%———————————0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%———————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
Paradex+9.9%—+10.2%——+22.8%—+10.9%+8.8%+5.5%——+5.6%—+5.0%+4.9%+9.6%—+6.3%+11.0%+8.5%+8.1%+9.8%-0.3%—+9.2%—+2.7%————+7.0%+5.5%————+9.8%+46.5%+9.1%+10.4%——+10.6%+16.8%——+22.0%——+1.7%—+15.0%———+11.3%+9.3%———+2.7%+6.6%——+9.0%+10.9%————+9.8%——+10.9%+11.0%+10.8%+7.5%+10.8%———————+15.8%——+0.0%————+10.5%—+1.5%——————+10.8%—————————————-17.5%—————————+9.8%—————+11.0%—-2.3%——-19.7%——-6.5%——————+9.5%——+10.6%——————+11.0%—————+10.4%———————+7.1%———————————————————————————————————————+10.9%—————+8.3%—————————————+11.0%——————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————+5.5%—————————————————————————————————————————————+5.6%———————————+6.8%————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
TradeXYZ————————————+0.7%—————+0.7%—+1.8%+0.7%—-0.3%+0.7%+0.7%+0.7%———+0.7%+0.7%+0.7%——+0.7%-1.9%-13.7%——+0.8%——+0.7%+2.5%—+0.7%+0.4%+2.8%-7.6%+0.7%—+1.0%+4.3%+0.7%+2.4%+0.7%—+1.8%+1.0%—+1.2%—+0.7%+0.7%+0.7%——+2.2%-4.4%+0.7%+0.4%—-0.1%-6.2%————————-7.3%+1.6%—+0.9%——-1.3%——————+0.7%—+0.7%+0.7%—+0.7%—+0.9%——-5.5%———-0.3%—-1.4%——————+1.5%-15.1%+5.6%———-1.7%———+1.7%——+1.7%+1.3%—+3.3%—+2.3%——+2.6%+1.1%—————————+0.7%—————————————————+5.7%+0.7%———+5.3%—+0.7%————+1.7%+1.5%———+1.2%—+1.7%————+0.9%-0.8%-2.1%——————-2.8%+2.7%——+2.5%———+0.7%-4.5%+0.7%——+7.3%————+0.7%————+13.0%—+12.6%—+0.7%+5.1%+1.9%————-4.7%———+3.2%——+1.7%———+9.9%———————-0.3%—————-2.5%———+0.7%——————+15.5%——+16.9%———+0.7%———+17.5%0.0%—+19.3%——+17.0%————+0.7%—+7.1%———-0.5%—————+2.5%———+0.7%——————————————————————————+0.7%——————————+33.7%—+12.5%—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%——————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
Variational+10.0%0.0%+5.1%0.0%0.0%+44.2%+11.0%+4.5%+11.0%0.0%0.0%+4.9%0.0%+5.5%+2.0%+11.0%-8.5%+5.5%0.0%+11.0%+12.5%0.0%+11.0%-11.2%+3.0%+4.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%-5.1%+125.7%+26.4%-8.7%+8.6%-0.8%+15.6%+1.7%-5.3%0.0%+9.6%+11.6%+33.0%0.0%—+44.3%—0.0%+3.6%—+23.9%0.0%0.0%+4.7%—+31.8%—+8.3%+2.1%—0.0%—0.0%+11.0%+11.0%+5.7%+2.2%0.0%—+1.2%0.0%0.0%+11.0%+11.0%+11.0%+6.1%+8.6%-2.3%+11.0%+87.4%—+13.9%0.0%0.0%—+11.0%0.0%-8.5%0.0%+11.0%0.0%+11.0%+11.0%0.0%+11.0%+6.8%0.0%0.0%0.0%0.0%0.0%—+11.0%—0.0%+11.0%+11.0%0.0%+11.0%—+5.9%+11.0%0.0%-7.8%0.0%+3.5%——+8.1%+11.0%-25.5%+11.0%—0.0%+11.0%+11.0%0.0%—+20.9%—0.0%+11.0%+13.6%-10.4%0.0%+11.0%-24.0%—0.0%-22.5%-20.9%+5.6%+11.0%—+11.0%+12.3%-25.6%+6.7%+6.5%+11.0%0.0%0.0%0.0%+11.0%+44.8%-13.6%+11.0%+11.0%+11.0%-34.6%0.0%+11.0%+8.9%+11.0%+11.0%-11.8%+27.8%0.0%+11.0%+11.0%+11.0%+49.5%+11.0%0.0%+11.0%0.0%+6.0%0.0%—0.0%-18.2%+11.0%-18.0%0.0%-5.0%0.0%0.0%+11.0%+11.0%—0.0%——+11.0%+5.0%-7.4%0.0%0.0%0.0%+93.2%—+158.8%-4.5%0.0%+11.0%+11.0%-14.1%0.0%0.0%0.0%—+11.0%—+11.0%0.0%+11.0%+11.0%—0.0%-55.5%+11.0%+11.0%—+11.0%———0.0%—0.0%+11.0%+10.0%0.0%—+11.0%+2.3%+11.0%—+11.0%+11.0%+31.6%+11.0%+11.0%+11.0%-23.2%+11.0%-10.9%+11.0%—+2.9%0.0%+11.0%0.0%+11.0%-25.7%+11.0%+11.0%——+11.0%-785.1%—0.0%—+11.0%+11.0%+11.0%0.0%+11.0%—-154.7%+11.0%0.0%+11.0%-9.1%-24.5%—0.0%+11.0%-31.6%——-22.5%—0.0%+11.0%—0.0%+11.0%+11.0%——-13.3%——+11.0%+11.0%—+11.0%-21.2%+11.0%—+11.0%—+22.4%+11.0%+11.0%—-73.9%+11.0%-8.1%+11.0%—+11.0%+11.0%-7.7%0.0%—-13.5%—+11.0%—+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%———+11.0%+28.5%+11.0%+11.0%+11.0%+7.4%—+11.0%+38.8%+11.0%+11.0%—+11.0%+11.0%-68.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%—+11.0%0.0%+11.0%-101.2%+11.0%—+11.0%+11.0%+11.0%+11.0%+11.0%-10.4%—+11.0%-13.5%+11.0%—+11.0%+11.0%+11.0%+11.0%-1.8%-17.7%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%—+68.3%+11.0%-14.7%+11.0%+11.0%+11.0%+11.0%+34.6%+11.0%+13.3%+11.0%+22.1%+11.0%+23.2%+11.0%+11.0%+11.0%+11.0%-2.2%+11.0%+11.0%+11.0%+11.0%+11.0%-32.8%+11.0%—+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-7.8%+11.0%+11.0%—+11.0%+11.0%-237.2%+64.0%+11.0%+118.9%+113.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+36.2%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-47.8%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-13.8%+11.0%+11.0%+11.0%+11.0%-62.8%+11.0%+11.0%+11.0%+11.0%-25.9%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-772.2%+11.0%+11.0%+11.0%+11.0%-7.2%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+101.1%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-52.7%+11.0%+11.0%-21.6%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-23.6%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-120.5%+110.6%+11.0%+24.4%+11.0%+2.7%+11.0%+11.0%+26.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-1909.3%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-38.7%+11.0%+11.0%-18.5%+11.0%+11.0%-122.5%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+51.3%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%-237.4%+11.0%+11.0%+90.1%+11.0%+11.0%-4.3%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%+11.0%————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
Ventuals—————————————0.0%———0.0%———————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————0.0%———————————0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%——————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
dYdX-0.1%—-29.8%————0.0%0.0%—————-22.6%+2.8%0.0%——+55.4%——0.0%——————————0.0%————0.0%——+83.8%———0.0%—————-1.6%—————0.0%————+8.9%———+1.5%+475.6%————+5.6%——0.0%—+19.5%0.0%0.0%0.0%0.0%——————0.0%—0.0%————+11.0%—0.0%———————————————0.0%——0.0%—0.0%———+47.3%0.0%0.0%——0.0%——————0.0%—0.0%—0.0%+33.6%——0.0%——————-2.9%0.0%———————0.0%+0.7%——0.0%——+29.0%0.0%—+83.3%———0.0%——+143.4%———————+132.1%+42.3%+330.3%—0.0%——+1.3%——————+15.3%———————0.0%———0.0%—————————+7.1%————+7.4%———+372.1%—————0.0%——————+48.9%——————0.0%0.0%—————————0.0%—————————————————————————0.0%——————————————————————————0.0%——————————————————————————————————————————————————————+17.7%————0.0%0.0%—————0.0%————0.0%———————————+11.7%——0.0%————————————————————————0.0%————————————————————————————————————————————————————0.0%—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————

Frequently Asked Questions

1.What is a crypto funding rate and how does it work?

Funding rates are periodic payments between long and short position holders in perpetual futures contracts. When the rate is positive, longs pay shorts; when negative, shorts pay longs. This mechanism keeps the perpetual contract price anchored to the spot price. Payment intervals vary by exchange: most DEXs use 1-hour funding, while CEXs typically use 8-hour intervals.

2.Which exchange has the lowest perpetual futures funding rate?

Funding rates change constantly based on market conditions and trader positioning. Generally, rates are lowest on exchanges with balanced long/short interest. Check the Grid View above for current rates across all exchanges. Negative rates mean shorts are paying longs, while positive rates mean longs are paying shorts.

3.How do I profit from funding rate arbitrage?

Funding rate arbitrage involves taking opposite positions on different exchanges to collect the rate differential. For example, go long on an exchange with negative funding (receiving payments) and short on an exchange with positive funding (also receiving payments). The strategy is delta-neutral but requires monitoring position health, managing margin on both sides, and accounting for execution costs.

4.How often are funding rates paid on Hyperliquid vs Binance?

Hyperliquid uses 1-hour funding intervals, with payments occurring every hour. Binance uses 8-hour funding intervals at 00:00 UTC, 08:00 UTC, and 16:00 UTC. More frequent funding (like Hyperliquid) provides faster correction mechanisms but requires more active position management for arbitrage strategies.

5.What does a negative funding rate mean?

A negative funding rate indicates the perpetual contract is trading below spot price, meaning shorts are paying longs. This typically occurs when there is heavy short interest or bearish sentiment. Traders holding long positions receive funding payments from short position holders. Extreme negative rates may signal overcrowded short positions and potential for a short squeeze.

6.How do funding rates differ between CEXs and DEXs?

DEX funding rates tend to be more volatile due to smaller open interest and less liquidity. DEXs often use 1-hour intervals for faster price convergence, while CEXs typically use 8-hour intervals. DEX rates can spike higher during volatile periods but also offer more arbitrage opportunities. CEXs generally have tighter spreads and more stable rates due to deeper liquidity.