Funding Rates › Briefing › 2026-10-29
Perp Funding Briefing — 2026-10-29 (UTC)
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). 131 liquid venue rates moved by 3 bps or more per 8h since 2026-10-28; the largest was Binance on BLUR, -0.0267% to -0.9902% (-96.35 bps). No new HIP-3 markets since 2026-10-28; 4 dexes and 169 markets are listed. The largest reported open interest was BTC on Bybit, $5.03B.
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 22 (threshold 12): 0 new HIP-3 markets, 0 new dexes, 131 movers, 9 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). 919 legs were ranked.
| # | Coin | Venue | Venue 8h | Median 8h | Deviation | Venues |
|---|---|---|---|---|---|---|
| 1 | BLUR | Bybit | 0.0100% | -0.9471% | +95.71 bps | 4 |
| 2 | CASHCAT | Aster | -0.2631% | 0.0100% | -27.31 bps | 6 |
| 3 | MRVL | Hyperliquid (xyz) | 0.2718% | 0.0053% | +26.66 bps | 6 |
| 4 | UNITREE | OKX | -0.2586% | -0.0188% | -23.98 bps | 6 |
| 5 | GOOGL | Hyperliquid (xyz) | 0.2011% | 0.0536% | +14.75 bps | 7 |
| 6 | UNITREE | Hyperliquid (xyz) | -0.1403% | -0.0188% | -12.15 bps | 6 |
| 7 | DELL | Lighter | -0.1192% | 0.0000% | -11.92 bps | 6 |
| 8 | CBRS | Hyperliquid (xyz) | 0.1134% | 0.0000% | +11.34 bps | 6 |
| 9 | UNITREE | edgeX | 0.0929% | -0.0188% | +11.17 bps | 6 |
| 10 | CASHCAT | Lighter | -0.0992% | 0.0100% | -10.92 bps | 6 |
2. Movers
Largest change in 8h funding per liquid coin and venue against the previous UTC day's stored digest. 1009 legs compared; 131 moved by 3 bps or more.
| Coin | Venue | 8h on 2026-10-28 | 8h now | Change |
|---|---|---|---|---|
| BLUR | Binance | -0.0267% | -0.9902% | -96.35 bps |
| BLUR | OKX | -0.0639% | -1.0139% | -95.00 bps |
| BLUR | Aster | 0.0100% | -0.9041% | -91.41 bps |
| CASHCAT | Aster | 0.2175% | -0.2631% | -48.06 bps |
| MRVL | Hyperliquid (xyz) | -0.0887% | 0.2718% | +36.05 bps |
| SNXX | Hyperliquid (xyz) | -0.2259% | 0.0883% | +31.42 bps |
| SOFTBANK | Hyperliquid (xyz) | -0.4225% | -0.1306% | +29.19 bps |
| ORU | Hyperliquid (xyz) | -0.2573% | 0.0209% | +27.81 bps |
| SOXL | Hyperliquid (xyz) | -0.2028% | 0.0674% | +27.01 bps |
| SMSN | Hyperliquid (xyz) | 0.2113% | -0.0365% | -24.78 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 | $5.03B | — | — |
| 2 | BTC | Hyperliquid | $3.56B | $3.54B | +0.6% |
| 3 | ETH | Hyperliquid | $2.62B | $2.65B | -1.0% |
| 4 | ETH | Bybit | $1.82B | — | — |
| 5 | HYPE | Hyperliquid | $1.65B | $1.68B | -1.5% |
| 6 | ZEC | Hyperliquid | $711.2M | $694.0M | +2.5% |
| 7 | SOL | Bybit | $614.0M | — | — |
| 8 | SOL | Hyperliquid | $581.4M | $565.6M | +2.8% |
| 9 | SP500 | Hyperliquid (xyz) | $400.9M | $414.6M | -3.3% |
| 10 | SKHX | Hyperliquid (xyz) | $322.5M | $311.8M | +3.4% |
4. New HIP-3 markets
No market was added since 2026-10-28. 4 dexes and 169 markets are listed.