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.
| Asset | Long here (lowest 8h) | Short here (highest 8h) | Spread 8h | Annualized spread |
|---|---|---|---|---|
| CASHCAT | edgeX -0.0712% | Lighter 0.0568% | 0.1280% | 140.1140% |
| PONS | Lighter -0.0656% | edgeX 0.0108% | 0.0764% | 83.6251% |
| GOOGL | edgeX -0.0528% | Lighter 0.0136% | 0.0664% | 72.7387% |
| WLFI | Hyperliquid -0.0191% | Aster 0.0469% | 0.0660% | 72.2701% |
| MET | Hyperliquid -0.0495% | Lighter 0.0096% | 0.0591% | 64.6805% |
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.
- Bitcoin (BTC) funding rate
- Ethereum (ETH) funding rate
- Solana (SOL) funding rate
- XRP (XRP) funding rate
- Dogecoin (DOGE) funding rate
- BNB (BNB) funding rate
- HYPE (HYPE) funding rate
- Sui (SUI) funding rate
- Chainlink (LINK) funding rate
- Avalanche (AVAX) funding rate
- Cardano (ADA) funding rate
- Gold (XAU) funding rate
- Bittensor (TAO) funding rate
- Ethena (ENA) funding rate
- Aave (AAVE) funding rate
- Litecoin (LTC) funding rate
- Pepe (PEPE) funding rate
Filters
Markets
Showing 185 of 2163 markets (filtered). Clear filters
| Asset | Class | Venue | 1h | 8h | APR | Interval | Next funding | Status | L / S |
|---|---|---|---|---|---|---|---|---|---|
| 0G | crypto | Bybit | 0.0002% | 0.0020% | 2.1791% | 4h | in 87m | open | — |
| 2Z | crypto | Bybit | 0.0011% | 0.0087% | 9.4805% | 4h | in 87m | open | — |
| AAVE | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| ACE | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ADA | crypto | Bybit | 0.0007% | 0.0054% | 5.9502% | 8h | in 5h | open | — |
| AERO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| AIXBT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ALGO | crypto | Bybit | 0.0009% | 0.0071% | 7.7701% | 8h | in 5h | open | — |
| ALT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ANIME | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| APE | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| APEX | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| APT | crypto | Bybit | -0.0000% | -0.0003% | -0.3219% | 8h | in 5h | open | — |
| AR | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| ARB | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| ARK | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ASTER | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ATOM | crypto | Bybit | -0.0008% | -0.0067% | -7.3551% | 8h | in 5h | open | — |
| AVAX | crypto | Bybit | -0.0005% | -0.0037% | -4.1052% | 8h | in 5h | open | — |
| AVNT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| AXS | crypto | Bybit | -0.0015% | -0.0119% | -12.9911% | 8h | in 5h | open | — |
| AZTEC | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| BABY | crypto | Bybit | 0.0002% | 0.0014% | 1.4892% | 4h | in 87m | open | — |
| BANANA | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| BCH | crypto | Bybit | -0.0006% | -0.0049% | -5.3337% | 8h | in 5h | open | — |
| BERA | crypto | Bybit | -0.0046% | -0.0369% | -40.4581% | 4h | in 87m | open | — |
| BIGTIME | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| BIO | crypto | Bybit | -0.0032% | -0.0260% | -28.4590% | 4h | in 87m | open | — |
| BLUR | crypto | Bybit | -0.0223% | -0.1784% | -195.3458% | 8h | in 5h | open | — |
| BNB | crypto | Bybit | -0.0001% | -0.0008% | -0.8585% | 8h | in 5h | open | — |
| BNT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| BOME | crypto | Bybit | -0.0005% | -0.0040% | -4.3537% | 4h | in 87m | open | — |
| BRETT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| BSV | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| BTC | crypto | Bybit | -0.0004% | -0.0036% | -3.9179% | 8h | in 5h | open | — |
| CAKE | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| CASHCAT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| CATI | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| CC | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| CELO | crypto | Bybit | 0.0001% | 0.0010% | 1.0435% | 8h | in 5h | open | — |
| CFX | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| CHILLGUY | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| CHIP | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| COMP | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| CRV | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| CYBER | crypto | Bybit | -0.0015% | -0.0117% | -12.8290% | 4h | in 87m | open | — |
| DASH | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| DOGE | crypto | Bybit | -0.0013% | -0.0101% | -11.0891% | 8h | in 5h | open | — |
| DOOD | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| DOT | crypto | Bybit | -0.0001% | -0.0010% | -1.0709% | 8h | in 5h | open | — |
| DYDX | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| DYM | crypto | Bybit | 0.0010% | 0.0077% | 8.4600% | 4h | in 87m | open | — |
| EIGEN | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ENA | crypto | Bybit | -0.0031% | -0.0247% | -27.0202% | 4h | in 87m | open | — |
| ENS | crypto | Bybit | -0.0005% | -0.0036% | -3.9727% | 8h | in 5h | open | — |
| ETC | crypto | Bybit | 0.0010% | 0.0081% | 8.8925% | 8h | in 5h | open | — |
| ETH | crypto | Bybit | -0.0011% | -0.0085% | -9.3579% | 8h | in 5h | open | — |
| ETHFI | crypto | Bybit | -0.0005% | -0.0040% | -4.3493% | 4h | in 87m | open | — |
| FARTCOIN | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| FIL | crypto | Bybit | -0.0011% | -0.0090% | -9.8736% | 8h | in 5h | open | — |
| FOGO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| GALA | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| GAS | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| GMT | crypto | Bybit | -0.0021% | -0.0164% | -17.9646% | 8h | in 5h | open | — |
| GMX | crypto | Bybit | -0.0008% | -0.0061% | -6.6445% | 8h | in 5h | open | — |
| GOAT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| GRAM | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| GRASS | crypto | Bybit | -0.0015% | -0.0121% | -13.2035% | 4h | in 87m | open | — |
| GRIFFAIN | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| HBAR | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| HEMI | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| HMSTR | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| HYPER | crypto | Bybit | 0.0002% | 0.0019% | 2.0455% | 4h | in 87m | open | — |
| ICP | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| ILV | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| IMX | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| INIT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| INJ | crypto | Bybit | -0.0003% | -0.0023% | -2.5612% | 8h | in 5h | open | — |
| IO | crypto | Bybit | -0.0045% | -0.0362% | -39.6938% | 4h | in 87m | open | — |
| IOTA | crypto | Bybit | 0.0012% | 0.0097% | 10.6281% | 8h | in 5h | open | — |
| JELLY | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| JTO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| JUP | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| AITO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| AS | crypto | Bybit | -0.0010% | -0.0077% | -8.3811% | 4h | in 87m | open | — |
| LDO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| LINEA | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| LINK | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| LIT | crypto | Bybit | -0.0029% | -0.0231% | -25.3361% | 4h | in 87m | open | — |
| LTC | crypto | Bybit | 0.0011% | 0.0091% | 9.9108% | 8h | in 5h | open | — |
| MANTA | crypto | Bybit | 0.0002% | 0.0018% | 1.9666% | 4h | in 87m | open | — |
| MAV | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| ME | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| MEGA | crypto | Bybit | -0.0043% | -0.0340% | -37.2475% | 4h | in 87m | open | — |
| MELANIA | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| MEME | crypto | Bybit | 0.0012% | 0.0099% | 10.8383% | 4h | in 87m | open | — |
| MERL | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| MET | crypto | Bybit | -0.0025% | -0.0202% | -22.1234% | 4h | in 87m | open | — |
| MEW | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| MINA | crypto | Bybit | -0.0034% | -0.0272% | -29.7358% | 4h | in 87m | open | — |
| MNT | crypto | Bybit | -0.0040% | -0.0323% | -35.3915% | 8h | in 5h | open | — |
| MON | crypto | Bybit | -0.0005% | -0.0042% | -4.5596% | 8h | in 5h | open | — |
| MOODENG | crypto | Bybit | -0.0058% | -0.0461% | -50.5211% | 4h | in 87m | open | — |
| MORPHO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| MOVE | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| NEAR | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| NEO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| NIL | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| NOT | crypto | Bybit | -0.0057% | -0.0457% | -50.0021% | 4h | in 87m | open | — |
| NXPC | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| OGN | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| ONDO | crypto | Bybit | -0.0011% | -0.0086% | -9.4039% | 4h | in 87m | open | — |
| OP | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| ORDI | crypto | Bybit | -0.0013% | -0.0106% | -11.5632% | 4h | in 87m | open | — |
| GOLD | commodity | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| PENDLE | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| PENGU | crypto | Bybit | -0.0002% | -0.0015% | -1.6403% | 4h | in 87m | open | — |
| PEOPLE | crypto | Bybit | 0.0008% | 0.0060% | 6.5875% | 8h | in 5h | open | — |
| PIXEL | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| PNUT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| POL | crypto | Bybit | 0.0009% | 0.0072% | 7.9322% | 4h | in 87m | open | — |
| POLYX | crypto | Bybit | 0.0011% | 0.0086% | 9.3622% | 4h | in 87m | open | — |
| PONS | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| POPCAT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| PROVE | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| PYTH | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| RENDER | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| RESOLV | crypto | Bybit | 0.0003% | 0.0022% | 2.4506% | 4h | in 87m | open | — |
| REZ | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| RSR | crypto | Bybit | -0.0021% | -0.0166% | -18.1332% | 8h | in 5h | open | — |
| RUNE | crypto | Bybit | -0.0044% | -0.0353% | -38.6097% | 8h | in 5h | open | — |
| S | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| SAGA | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| SAND | crypto | Bybit | -0.0493% | -0.3946% | -432.0958% | 1h | in 27m | open | — |
| SEI | crypto | Bybit | -0.0006% | -0.0049% | -5.3118% | 8h | in 5h | open | — |
| SKR | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| SKY | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| SNX | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| SOL | crypto | Bybit | -0.0008% | -0.0062% | -6.8328% | 8h | in 5h | open | — |
| SOPH | crypto | Bybit | -0.0036% | -0.0285% | -31.2579% | 4h | in 87m | open | — |
| SPX6900 | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| STABLE | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| STBL | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| STRK | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| STX | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| SUI | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| SUPER | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| SUSHI | crypto | Bybit | -0.0011% | -0.0090% | -9.8714% | 8h | in 5h | open | — |
| SYRUP | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| TAO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| TIA | crypto | Bybit | -0.0039% | -0.0310% | -33.8946% | 4h | in 87m | open | — |
| TNSR | crypto | Bybit | -0.0008% | -0.0062% | -6.7715% | 4h | in 87m | open | — |
| TRB | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| TRUMP | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| TRX | crypto | Bybit | 0.0009% | 0.0069% | 7.5227% | 8h | in 5h | open | — |
| UMA | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| UNI | crypto | Bybit | 0.0008% | 0.0064% | 7.0343% | 8h | in 5h | open | — |
| USELESS | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| USTC | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| USUAL | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| VIRTUAL | crypto | Bybit | 0.0008% | 0.0064% | 6.9971% | 4h | in 87m | open | — |
| VVV | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| W | crypto | Bybit | -0.0015% | -0.0120% | -13.1115% | 4h | in 87m | open | — |
| WCT | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| WIF | crypto | Bybit | 0.0005% | 0.0041% | 4.4829% | 4h | in 87m | open | — |
| WLD | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| WLFI | crypto | Bybit | 0.0012% | 0.0092% | 10.0959% | 4h | in 87m | open | — |
| XAI | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| XLM | crypto | Bybit | 0.0007% | 0.0052% | 5.7225% | 8h | in 5h | open | — |
| XMR | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| XPL | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| XRP | crypto | Bybit | 0.0000% | 0.0002% | 0.1763% | 8h | in 5h | open | — |
| YGG | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ZEC | crypto | Bybit | -0.0001% | -0.0006% | -0.6800% | 8h | in 5h | open | — |
| ZEN | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| ZEREBRO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ZETA | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ZK | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ZORA | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| ZRO | crypto | Bybit | -0.0010% | -0.0079% | -8.6220% | 4h | in 87m | open | — |
| BONK | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| FLOKI | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 8h | in 5h | open | — |
| LUNC | crypto | Bybit | -0.0104% | -0.0828% | -90.7032% | 8h | in 5h | open | — |
| NEIRO | crypto | Bybit | 0.0013% | 0.0100% | 10.9500% | 4h | in 87m | open | — |
| PEPE | crypto | Bybit | 0.0011% | 0.0090% | 9.8254% | 8h | in 5h | 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.
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.