Crypto Funding Rates

Live cross-venue comparison · 2163 markets

As of 2026-10-20 10:31 UTC, BTC funding ranged from -0.0036% to 0.0150% per 8h across 9 venues (median 0.0063%). That snapshot holds 2163 perpetual markets from 14 venues. The widest 8h gap among assets listed on 3 or more venues was UNITREE: -1.1826% on edgeX versus 0.0032% on Lighter.

Positive = longs pay shorts (red). Negative = shorts pay longs (green).

Updated 14/14 venues · as of 10:31 UTC · how this is computed

Widest funding gaps between venues

The five assets (listed on 4 or more venues, liquid legs only) whose 8h funding differs most from the lowest venue to the highest.

AssetLong here (lowest 8h)Short here (highest 8h)Spread 8hAnnualized spread
CASHCATedgeX -0.0712%Lighter 0.0568%0.1280%140.1140%
PONSLighter -0.0656%edgeX 0.0108%0.0764%83.6251%
GOOGLedgeX -0.0528%Lighter 0.0136%0.0664%72.7387%
WLFIHyperliquid -0.0191%Aster 0.0469%0.0660%72.2701%
METHyperliquid -0.0495%Lighter 0.0096%0.0591%64.6805%

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Funding rates by coin

Dedicated live cross-venue pages for the most widely listed perps, each with a venue table, summary statistics, a funding cost example and history. To compare all of them side by side, open the funding rate heatmap.

Filters

Asset: example BTC · GOLD

Markets

Showing 35 of 2163 markets (filtered). Clear filters

AssetClassVenue1h8hAPRIntervalNext fundingStatusL / S
NASDAQ100indexHyperliquid (xyz)0.0006%0.0050%5.4750%1hin 27mopen—
JP225indexHyperliquid (xyz)0.0007%0.0057%6.2760%1hin 27mopen—
EWYindexHyperliquid (xyz)0.0006%0.0050%5.4750%1hin 27mopen—
SP500indexHyperliquid (xyz)-0.0013%-0.0105%-11.4757%1hin 27mopen—
SP500indexHyperliquid (mkts)-0.0027%-0.0216%-23.6848%1hin 27mopen—
NASDAQ100indexHyperliquid (mkts)0.0006%0.0046%5.0000%1hin 27mopen—
JP225indexOKX0.0003%0.0026%2.8178%8hin 13hopen—
SP500indexOKX0.0000%0.0000%0.0000%8hin 13hopen—
NASDAQ100indexOKX0.0011%0.0088%9.6040%8hin 13hopen—
SPYindexOKX0.0000%0.0000%0.0000%8hin 13hopen—
QQQindexOKX0.0000%0.0000%0.0000%8hin 13hopen—
EWYindexOKX0.0000%0.0000%0.0000%8hin 13hopen—
IWMindexOKX0.0000%0.0000%0.0000%8hin 13hopen—
SPYindexAster0.0000%0.0000%0.0000%8hin 5hopen—
EWYindexAster0.0000%0.0000%0.0000%8hin 5hopen—
QQQindexAster0.0000%0.0000%0.0000%8hin 5hopen—
IWMindexAster0.0000%0.0000%0.0000%8hin 5hopen—
NASDAQ100indexLighter0.0004%0.0032%3.5040%1h—open—
EWYindexLighter0.0004%0.0032%3.5040%1h—open—
SP500indexLighter0.0000%0.0000%0.0000%1h—open—
QQQindexLighter0.0004%0.0032%3.5040%1h—open—
SPYindexLighter0.0004%0.0032%3.5040%1h—open—
IWMindexLighter0.0004%0.0032%3.5040%1h—open—
SPYindexedgeX-0.0122%-0.0980%-107.2815%4h—open—
QQQindexedgeX-0.0058%-0.0466%-51.0598%4h—open—
EWYindexedgeX0.0021%0.0169%18.5186%4h—open—
QQQindexGMX0.0020%0.0159%17.4105%1h—openL pays 0.0025%/h · S receives 0.0039%/h
SPYindexGMX0.0017%0.0137%15.0000%1h—openL pays 0.0028%/h · S receives 0.0026%/h
SP500indexLeverUp-0.0013%-0.0105%-11.4757%1hin 27mopenL receives 0.0013%/h · S pays 0.0013%/h
EWYindexLeverUp0.0006%0.0050%5.4750%1hin 27mopenL pays 0.0006%/h · S receives 0.0006%/h
NASDAQ100indexLeverUp0.0006%0.0046%5.0000%1hin 27mopenL pays 0.0006%/h · S receives 0.0006%/h
SP500indexLeverUp-0.0027%-0.0216%-23.6848%1hin 27mopenL receives 0.0027%/h · S pays 0.0027%/h
NASDAQ100indexLeverUp0.0006%0.0050%5.4750%1hin 27mopenL pays 0.0006%/h · S receives 0.0006%/h
JP225indexLeverUp0.0007%0.0057%6.2760%1hin 27mopenL pays 0.0007%/h · S receives 0.0007%/h
EWYindexParadex0.0006%0.0052%5.6458%8h—open—

LeverUp on this dashboard

LeverUp lists gold, FX, indices and stocks as perps you trade from a web3 wallet with up to 50x leverage (from data). Its traditional-asset markets and major crypto markets such as BTC and ETH are routed to Hyperliquid, so their funding equals Hyperliquid's; the difference is leverage and wallet-based trading, not cheaper funding. Only its on-chain pool crypto markets (BNB, DOGE, LINK, LIT, MON, PEPE, QNT, SOL, SUI, TRX, UNI, XMR, XRP, ZEC) charge a funding rate plus a per-side holding fee, so long and short costs differ.

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Methodology

Short version (the full methodology page has the formulas and caveats): we pull public funding endpoints from each venue every 10 minutes, normalize rates to an hourly decimal (rate per interval ÷ interval hours), then derive 8h and simple APR (×24×365). Sign convention: positive means longs pay shorts. Binance and Bybit fall back to Hyperliquid predictedFundings when direct APIs are geo-blocked. GMX publishes an annualised rate (scaled by 1e30), which we divide by 8,760; GMX is shown in tables but kept out of spread math because its pool-skew funding and borrowing fee are not comparable with order-book funding.

FAQ

What is a funding rate?

Periodic payment between long and short perp traders tied to the premium vs index.

Why positive vs negative?

Crowding on one side vs index price.

Payment frequency?

Varies: 1h HL/dYdX/LP cross; 4h edgeX; 8h many CEX; continuous LP pool/Paradex/GMX.

Compare 1h and 8h?

Divide the interval rate by interval hours.

Weekend closed labels?

Fri 21:00 – Sun 22:00 UTC for trad assets without venue flags.

Other costs?

Borrow/holding fees on GMX and LP pool.