Funding Rates › Briefing
Perp Funding Briefing
A daily write-up of what changed in perp funding: the widest liquid funding deviations, the biggest day-over-day rate moves, open interest leaders and new Hyperliquid HIP-3 markets. Every number comes from the stored snapshot; the sentences are fixed templates.
How the briefing works
Once per UTC day, the first scheduled run on or after 00:00 UTC builds that day's briefing from the snapshot it has just stored and the previous day's stored digest. Dates on these pages are UTC dates.
A day gets its own page only when enough changed. Each day gets a material-change score: new HIP-3 markets, new dexes, liquid rate moves of 3 bps or more per 8h, and changes in the top-10 deviation and open interest lists, each part counting at most 10. The page is published at 12 points or more. The first day has no previous day to compare and is never published on its own. Quieter days are not published individually; they are listed on the weekly page (ISO week), which is published once the week's compared days add up to 12 points. Daily digests used for comparison are kept for 35 days. Details are in the methodology.
Daily briefings
- 2026-10-29 — The widest liquid gap to the cross-venue median was Bybit on BLUR: 0.0100% per 8h against a median of -0.9471% (+95.71 bps).
- 2026-10-28 — The widest liquid gap to the cross-venue median was Aster on CASHCAT: 0.2175% per 8h against a median of 0.0328% (+18.47 bps).
- 2026-10-27 — The widest liquid gap to the cross-venue median was Lighter on CASHCAT: 0.4656% per 8h against a median of 0.0100% (+45.56 bps).
- 2026-10-26 — The widest liquid gap to the cross-venue median was Hyperliquid (xyz) on ORU: -0.7116% per 8h against a median of 0.0000% (-71.16 bps).
- 2026-10-25 — The widest liquid gap to the cross-venue median was Aster on CASHCAT: 0.2734% per 8h against a median of 0.0190% (+25.43 bps).
- 2026-10-24 — The widest liquid gap to the cross-venue median was Lighter on GRAM: -0.1816% per 8h against a median of -0.0054% (-17.62 bps).