Funding Rates › Briefing › 2026-10-24
Perp Funding Briefing — 2026-10-24 (UTC)
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). 120 liquid venue rates moved by 3 bps or more per 8h since 2026-10-23; the largest was Bybit on ALT, -1.3514% to 0.0100% (+136.14 bps). No new HIP-3 markets since 2026-10-23; 4 dexes and 164 markets are listed. The largest reported open interest was BTC on Bybit, $5.04B.
Built from the snapshot of , the first cron run of the UTC day. All text is generated from stored numbers with fixed templates. Material-change score 23 (threshold 12): 0 new HIP-3 markets, 0 new dexes, 120 movers, 10 changes in the top-10 deviations, 3 in the top-10 open interest. Each part counts at most 10. Method.
1. Funding deviations
The 10 largest gaps between a venue's 8h funding rate and the coin's cross-venue median, liquid legs only ($1M open interest screen, same as the deviation page). 826 legs were ranked.
| # | Coin | Venue | Venue 8h | Median 8h | Deviation | Venues |
|---|---|---|---|---|---|---|
| 1 | GRAM | Lighter | -0.1816% | -0.0054% | -17.62 bps | 8 |
| 2 | GRAM | Hyperliquid | -0.1429% | -0.0054% | -13.75 bps | 8 |
| 3 | CASHCAT | Aster | 0.1547% | 0.0226% | +13.21 bps | 6 |
| 4 | ZHIPU | Hyperliquid (xyz) | 0.1320% | 0.0208% | +11.12 bps | 5 |
| 5 | AAOI | Hyperliquid (xyz) | 0.1012% | 0.0000% | +10.12 bps | 6 |
| 6 | CASHCAT | Lighter | 0.1224% | 0.0226% | +9.98 bps | 6 |
| 7 | MRVL | edgeX | -0.0990% | 0.0000% | -9.90 bps | 6 |
| 8 | WDC | Hyperliquid (xyz) | 0.0968% | 0.0016% | +9.52 bps | 6 |
| 9 | UNITREE | edgeX | 0.1011% | 0.0089% | +9.22 bps | 6 |
| 10 | WLFI | Aster | 0.0989% | 0.0098% | +8.91 bps | 6 |
2. Movers
Largest change in 8h funding per liquid coin and venue against the previous UTC day's stored digest. 915 legs compared; 120 moved by 3 bps or more.
| Coin | Venue | 8h on 2026-10-23 | 8h now | Change |
|---|---|---|---|---|
| ALT | Bybit | -1.3514% | 0.0100% | +136.14 bps |
| UNITREE | edgeX | -1.2384% | 0.1011% | +133.95 bps |
| UNITREE | OKX | -0.8567% | 0.0000% | +85.67 bps |
| ALT | Hyperliquid | -1.2091% | -1.9379% | -72.88 bps |
| SMSN | Hyperliquid (xyz) | -0.0553% | 0.1839% | +23.92 bps |
| UNITREE | Aster | -0.2034% | 0.0219% | +22.53 bps |
| SHAZ | Hyperliquid (xyz) | 0.0930% | 0.2912% | +19.82 bps |
| GRAM | Lighter | 0.0096% | -0.1816% | -19.12 bps |
| EWZ | Hyperliquid (xyz) | 0.0597% | 0.2503% | +19.05 bps |
| CXMT | Hyperliquid (xyz) | -0.1309% | 0.0387% | +16.96 bps |
3. Open interest leaders
Only venues that report open interest are ranked: Bybit, Hyperliquid, Hyperliquid (mkts), Hyperliquid (xyz), dYdX. Venues that report none are absent from this table.
| # | Coin | Venue | Open interest | Previous day | Change |
|---|---|---|---|---|---|
| 1 | BTC | Bybit | $5.04B | — | — |
| 2 | BTC | Hyperliquid | $3.61B | $3.58B | +0.9% |
| 3 | ETH | Hyperliquid | $2.57B | $2.62B | -1.8% |
| 4 | ETH | Bybit | $1.88B | — | — |
| 5 | HYPE | Hyperliquid | $1.62B | $1.63B | -0.9% |
| 6 | SOL | Bybit | $616.2M | — | — |
| 7 | SOL | Hyperliquid | $554.2M | $572.6M | -3.2% |
| 8 | ZEC | Hyperliquid | $534.1M | $546.9M | -2.3% |
| 9 | NEAR | Hyperliquid | $320.1M | $327.2M | -2.2% |
| 10 | SKHX | Hyperliquid (xyz) | $312.0M | $326.0M | -4.3% |
4. New HIP-3 markets
No market was added since 2026-10-23. 4 dexes and 164 markets are listed.