Funding Rates › Briefing › 2026-11-01
Perp Funding Briefing — 2026-11-01 (UTC)
The widest liquid gap to the cross-venue median was Aster on CASHCAT: -0.2164% per 8h against a median of 0.0100% (-22.64 bps). 93 liquid venue rates moved by 3 bps or more per 8h since 2026-10-31; the largest was Hyperliquid (xyz) on BOT, -0.4236% to 0.0050% (+42.86 bps). No new HIP-3 markets since 2026-10-31; 4 dexes and 166 markets are listed. The largest reported open interest was BTC on Bybit, $5.34B.
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 17 (threshold 12): 0 new HIP-3 markets, 0 new dexes, 93 movers, 7 changes in the top-10 deviations, 0 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). 795 legs were ranked.
| # | Coin | Venue | Venue 8h | Median 8h | Deviation | Venues |
|---|---|---|---|---|---|---|
| 1 | CASHCAT | Aster | -0.2164% | 0.0100% | -22.64 bps | 6 |
| 2 | TRX | Binance | -0.1228% | -0.0170% | -10.59 bps | 8 |
| 3 | MRVL | edgeX | -0.0990% | 0.0000% | -9.90 bps | 6 |
| 4 | CRWV | edgeX | 0.0991% | 0.0016% | +9.75 bps | 6 |
| 5 | SNDK | edgeX | 0.0959% | 0.0000% | +9.59 bps | 6 |
| 6 | SPCX | edgeX | 0.0930% | 0.0000% | +9.30 bps | 6 |
| 7 | TRX | OKX | -0.1087% | -0.0170% | -9.18 bps | 8 |
| 8 | UNITREE | edgeX | 0.0914% | 0.0016% | +8.98 bps | 6 |
| 9 | ZHIPU | edgeX | 0.0889% | 0.0032% | +8.57 bps | 5 |
| 10 | CASHCAT | Lighter | 0.0936% | 0.0100% | +8.36 bps | 6 |
2. Movers
Largest change in 8h funding per liquid coin and venue against the previous UTC day's stored digest. 1075 legs compared; 93 moved by 3 bps or more.
| Coin | Venue | 8h on 2026-10-31 | 8h now | Change |
|---|---|---|---|---|
| BOT | Hyperliquid (xyz) | -0.4236% | 0.0050% | +42.86 bps |
| CASHCAT | Aster | 0.1905% | -0.2164% | -40.69 bps |
| SOFTBANK | Hyperliquid (xyz) | 0.2008% | 0.0150% | -18.58 bps |
| XMR | Hyperliquid | 0.1902% | 0.0100% | -18.02 bps |
| TRX | OKX | -0.2886% | -0.1087% | +17.99 bps |
| PURRDAT | Hyperliquid (xyz) | -0.1265% | 0.0438% | +17.04 bps |
| SHAZ | Hyperliquid (xyz) | -0.1425% | 0.0270% | +16.96 bps |
| GIGADEV | Hyperliquid (xyz) | -0.0212% | 0.1306% | +15.19 bps |
| ZHIPU | edgeX | -0.0577% | 0.0889% | +14.65 bps |
| TLT | Hyperliquid (xyz) | -0.1165% | 0.0262% | +14.27 bps |
3. Open interest leaders
Only venues that report open interest are ranked: Bybit, Hyperliquid, Hyperliquid (xyz), dYdX. Venues that report none are absent from this table.
| # | Coin | Venue | Open interest | Previous day | Change |
|---|---|---|---|---|---|
| 1 | BTC | Bybit | $5.34B | $5.30B | +0.7% |
| 2 | BTC | Hyperliquid | $3.13B | $3.31B | -5.2% |
| 3 | ETH | Hyperliquid | $2.21B | $2.22B | -0.5% |
| 4 | HYPE | Hyperliquid | $1.92B | $1.99B | -3.5% |
| 5 | ETH | Bybit | $1.79B | $1.81B | -1.0% |
| 6 | SOL | Bybit | $578.0M | $592.9M | -2.5% |
| 7 | ZEC | Hyperliquid | $577.4M | $657.2M | -12.2% |
| 8 | SOL | Hyperliquid | $553.3M | $516.9M | +7.0% |
| 9 | HYPE | Bybit | $306.7M | $312.6M | -1.9% |
| 10 | XRP | Bybit | $298.9M | $292.5M | +2.2% |
4. New HIP-3 markets
No market was added since 2026-10-31. 4 dexes and 166 markets are listed.