Funding Rates › Funding rate deviation

Funding Rate Deviation by Coin and Venue

As of 2026-10-29 20:20 UTC, 637 venue rates on 94 coins are compared with each coin's cross-venue median. The largest gap is Hyperliquid (xyz) on INTC: -0.4676% per 8h against a median of 0.0016%, -46.92 bps.

Updated 14/14 venues · as of 20:20 UTC · how this is computed

Positive deviation = the venue's rate is above the median (longs pay more or shorts receive less than the typical venue).

Venue rates versus the cross-venue median

Sorted by absolute deviation. Only venue legs with at least $1M of open interest in the coin (or, where a venue reports none, a curated major or a coin on several venues) are ranked, the same liquidity screen as the arbitrage scanner; the median is taken over those legs, and rows that fail the screen are left out here but kept in the JSON with liquid: false. See the methodology. The first 100 rows are shown of 637; the full list is the deviations JSON. Coins link to their pages.

7-day averages are not shown because this site does not store enough per-venue history yet: only an hourly cross-venue summary is kept for the curated coins. Every deviation here is against the current median.

#CoinVenueVenue 8hVenue APRMedian 8hDeviation (bps per 8h)Deviation (APR points)Robust zVenues
1 INTC Hyperliquid (xyz) -0.4676% -512.0487% 0.0016% -46.92 -513.8 -86.0 6
2 CASHCAT Aster -0.1437% -157.3734% 0.0100% -15.37 -168.3 -518.4 6
3 BERA Bybit -0.1359% -148.7755% -0.0202% -11.57 -126.7 -3.2 6
4 CASHCAT edgeX 0.1096% 119.9682% 0.0100% +9.96 +109.0 +335.8 6
5 WLFI Aster 0.0968% 106.0464% 0.0100% +8.68 +95.1 +292.9 6
6 CHIP Bybit -0.0714% -78.2356% 0.0083% -7.97 -87.3 -31.3 6
7 MET Lighter -0.0576% -63.0720% 0.0100% -6.76 -74.0 — 7
8 AITO Bybit -0.0569% -62.3318% 0.0100% -6.69 -73.3 -319.5 8
9 MORPHO Bybit -0.0468% -51.2788% 0.0098% -5.66 -62.0 -191.0 6
10 OP Lighter -0.0456% -49.9320% 0.0050% -5.06 -55.4 -6.8 7
11 WIF Bybit -0.0388% -42.4948% 0.0098% -4.86 -53.2 -163.9 6
12 DASH OKX -0.0375% -41.0488% 0.0056% -4.31 -47.2 -6.7 6
13 MON Lighter -0.0392% -42.9240% 0.0031% -4.23 -46.3 -4.3 8
14 NEAR Aster -0.0298% -32.6759% 0.0100% -3.98 -43.6 — 7
15 MEGA Bybit -0.0208% -22.7410% 0.0098% -3.06 -33.5 -103.1 6
16 GOOGL edgeX 0.0703% 76.9478% 0.0399% +3.03 +33.2 +1.3 6
17 BERA Hyperliquid 0.0100% 10.9500% -0.0202% +3.02 +33.1 +0.8 6
18 BERA Lighter 0.0096% 10.5120% -0.0202% +2.98 +32.6 +0.8 6
19 0G Bybit -0.0192% -21.0371% 0.0100% -2.92 -32.0 — 6
20 DYDX Bybit -0.0199% -21.7489% 0.0080% -2.79 -30.5 -9.5 6
21 ICP Lighter -0.0264% -28.9080% 0.0009% -2.73 -29.9 -2.0 7
22 XMR LeverUp (pool) 0.0000% 0.0000% 0.0266% -2.66 -29.1 -3.1 7
23 JUP OKX -0.0218% -23.9162% 0.0040% -2.59 -28.3 -2.9 7
24 GRAM Bybit -0.0170% -18.6019% 0.0079% -2.49 -27.2 -7.9 8
25 RENDER Bybit -0.0186% -20.3123% 0.0052% -2.37 -26.0 -3.3 5
26 ICP Hyperliquid -0.0223% -24.4386% 0.0009% -2.33 -25.5 -1.7 7
27 ETHFI OKX -0.0129% -14.1574% 0.0100% -2.29 -25.1 — 7
28 PYTH Bybit -0.0314% -34.3983% -0.0085% -2.29 -25.0 -0.9 6
29 GOOGL Hyperliquid (xyz) 0.0181% 19.7905% 0.0399% -2.19 -23.9 -0.9 6
30 JTO Bybit -0.0118% -12.8794% 0.0100% -2.18 -23.8 — 7
31 MORPHO OKX -0.0119% -13.0307% 0.0098% -2.17 -23.8 -73.2 6
32 MEGA OKX -0.0106% -11.5614% 0.0098% -2.04 -22.3 -68.7 6
33 ZK OKX -0.0103% -11.3001% 0.0098% -2.01 -22.0 -67.9 6
34 AERO Binance -0.0121% -13.2473% 0.0077% -1.98 -21.7 -5.9 7
35 ZEC LeverUp (pool) -0.0096% -10.5120% 0.0100% -1.96 -21.5 — 8
36 UNI Bybit -0.0133% -14.5186% 0.0063% -1.96 -21.5 -4.4 8
37 GOOGL Paradex 0.0205% 22.4244% 0.0399% -1.95 -21.3 -0.8 6
38 GRASS Bybit -0.0101% -11.0376% 0.0092% -1.93 -21.1 -16.5 6
39 ALGO Bybit 0.0100% 10.9500% -0.0092% +1.92 +21.0 +1.7 5
40 PYTH Hyperliquid 0.0100% 10.9500% -0.0085% +1.85 +20.3 +0.7 6
41 BERA OKX -0.0386% -42.2747% -0.0202% -1.84 -20.2 -0.5 6
42 ALGO Aster 0.0091% 9.9755% -0.0092% +1.83 +20.0 +1.6 5
43 PYTH Lighter 0.0096% 10.5120% -0.0085% +1.81 +19.9 +0.7 6
44 INTC edgeX 0.0197% 21.5408% 0.0016% +1.81 +19.8 +3.3 6
45 PYTH OKX -0.0265% -28.9877% -0.0085% -1.79 -19.6 -0.7 6
46 CRV Bybit -0.0077% -8.4523% 0.0100% -1.77 -19.4 — 7
47 PONS Bybit -0.0071% -7.8271% 0.0100% -1.71 -18.8 — 7
48 MET OKX -0.0071% -7.7686% 0.0100% -1.71 -18.7 — 7
49 POL Bybit 0.0100% 10.9500% -0.0069% +1.69 +18.6 +1.0 6
50 XMR edgeX 0.0100% 10.9500% 0.0266% -1.66 -18.1 -1.9 7
51 POL Lighter 0.0096% 10.5120% -0.0069% +1.65 +18.1 +1.0 6
52 TRUMP OKX -0.0114% -12.5000% 0.0050% -1.64 -18.0 -2.2 7
53 DYDX Lighter -0.0080% -8.7600% 0.0080% -1.60 -17.5 -5.5 6
54 MON OKX -0.0120% -13.1401% 0.0031% -1.51 -16.6 -1.5 8
55 ATOM Aster 0.0100% 10.9500% -0.0051% +1.51 +16.6 +0.9 6
56 ATOM edgeX 0.0100% 10.9500% -0.0051% +1.51 +16.6 +0.9 6
57 JUP Paradex -0.0109% -11.8889% 0.0040% -1.49 -16.3 -1.7 7
58 WTI OKX -0.0222% -24.3202% -0.0076% -1.46 -16.0 -1.8 6
59 GOLD OKX 0.0245% 26.8056% 0.0100% +1.45 +15.9 +9.8 8
60 GRASS OKX -0.0050% -5.4608% 0.0092% -1.42 -15.5 -12.2 6
61 BCH OKX -0.0060% -6.5978% 0.0081% -1.42 -15.5 -5.2 7
62 XMR Lighter 0.0128% 14.0160% 0.0266% -1.38 -15.1 -1.6 7
63 LDO Bybit -0.0041% -4.5432% 0.0096% -1.37 -15.1 -23.2 7
64 DRAM Lighter 0.0168% 18.3960% 0.0031% +1.37 +15.0 +2.9 6
65 AERO Bybit -0.0056% -6.1035% 0.0077% -1.33 -14.6 -4.0 7
66 ATOM Hyperliquid -0.0181% -19.8512% -0.0051% -1.30 -14.2 -0.8 6
67 PENGU OKX -0.0029% -3.1650% 0.0100% -1.29 -14.1 — 6
68 STRK Binance -0.0032% -3.4733% 0.0096% -1.28 -14.0 -21.5 7
69 TRX LeverUp (pool) -0.0096% -10.5120% 0.0030% -1.26 -13.8 -1.2 8
70 GRAM Paradex -0.0047% -5.1619% 0.0079% -1.26 -13.8 -4.0 8
71 BERA Aster -0.0079% -8.6089% -0.0202% +1.23 +13.5 +0.3 6
72 BERA Binance -0.0325% -35.6313% -0.0202% -1.23 -13.5 -0.3 6
73 GOOGL Aster 0.0519% 56.8765% 0.0399% +1.20 +13.2 +0.5 6
74 POL OKX -0.0189% -20.6503% -0.0069% -1.19 -13.0 -0.7 6
75 TRX Lighter -0.0088% -9.6360% 0.0030% -1.18 -13.0 -1.1 8
76 LINK Bybit -0.0029% -3.2062% 0.0088% -1.17 -12.8 -6.4 9
77 POL Hyperliquid -0.0185% -20.2533% -0.0069% -1.15 -12.6 -0.7 6
78 STRK edgeX -0.0015% -1.6534% 0.0096% -1.11 -12.2 -18.7 7
79 EWY Hyperliquid (xyz) 0.0143% 15.7062% 0.0033% +1.11 +12.1 +2.3 6
80 PUMP Binance -0.0036% -3.9310% 0.0075% -1.11 -12.1 -3.0 6
81 XLM Bybit -0.0010% -1.1257% 0.0100% -1.10 -12.1 — 7
82 WLD Aster 0.0100% 10.9500% -0.0010% +1.10 +12.0 +0.8 7
83 WLD edgeX 0.0100% 10.9500% -0.0010% +1.10 +12.0 +0.8 7
84 WLD OKX 0.0100% 10.9500% -0.0010% +1.10 +12.0 +0.8 7
85 TRUMP edgeX -0.0058% -6.3510% 0.0050% -1.08 -11.8 -1.5 7
86 CRV Binance -0.0005% -0.5585% 0.0100% -1.05 -11.5 — 7
87 OP Binance -0.0055% -6.0039% 0.0050% -1.05 -11.5 -1.4 7
88 TRUMP Binance -0.0053% -5.8342% 0.0050% -1.03 -11.3 -1.4 7
89 BTC dYdX 0.0000% 0.0000% 0.0100% -1.00 -10.9 — 9
90 LIT LeverUp (pool) 0.0000% 0.0000% 0.0100% -1.00 -10.9 — 8
91 PEPE LeverUp (pool) 0.0000% 0.0000% 0.0100% -1.00 -10.9 — 8
92 SOL LeverUp (pool) 0.0000% 0.0000% 0.0100% -1.00 -10.9 — 9
93 FIL Bybit -0.0002% -0.2628% 0.0096% -0.98 -10.8 -16.6 7
94 WLD Hyperliquid -0.0107% -11.7515% -0.0010% -0.98 -10.7 -0.7 7
95 ATOM Bybit -0.0148% -16.2202% -0.0051% -0.97 -10.6 -0.6 6
96 DOGE LeverUp (pool) 0.0000% 0.0000% 0.0096% -0.96 -10.5 -16.2 9
97 EWY Paradex 0.0128% 14.0479% 0.0033% +0.96 +10.5 +2.0 6
98 TIA Binance 0.0004% 0.4862% 0.0098% -0.94 -10.2 -31.6 6
99 WTI Hyperliquid (xyz) 0.0015% 1.6740% -0.0076% +0.92 +10.0 +1.1 6
100 SUI LeverUp (pool) 0.0000% 0.0000% 0.0092% -0.92 -10.0 -7.4 8

How to read the table

Venue 8h and Venue APR are the venue's published rate rescaled to an 8h equivalent and a simple annual figure (see the methodology). Median 8h is the middle value across the venues listed for that coin. Deviation is the difference, in basis points of notional per 8h and in annualized percentage points. Robust z expresses it in units of the coin's typical spread between venues; values beyond about ±3 are far outside the group.

This page asks which venue is the outlier for a coin. For the long and short pair with the widest gap, including interval flags, open-interest screens and a worked example, use the funding rate arbitrage scanner; for every coin and venue side by side, see the funding rate heatmap.

Funding rate deviation FAQ

What does it mean when a venue's funding rate deviates from the median?

That venue is charging or paying noticeably more or less than most other venues for the same coin at the same time. It can reflect one-sided positioning on that venue, a different funding formula or cap, or a stale or thin market. It is a reading of the data, not a prediction of what the rate will do next.

How is the deviation measured?

For each coin the site takes one 8h-equivalent rate per venue (the median of that venue's rows if it lists several), then the median of those venue rates. Deviation is the venue's rate minus that median, shown in basis points of notional per 8h and as annualized percentage points (8h difference × 3 × 365). The robust z column divides the deviation by 1.4826 times the median absolute deviation of the coin's venue rates, so one extreme venue does not inflate the scale; it is blank when most venues report the same rate.

Why are some venues and coins missing?

A coin needs at least 3 comparable venues that pass the liquidity screen ($1M of open interest where a venue reports it). The same rows are left out as in the coin statistics: GMX (pool-skew funding plus borrowing fee), markets routed to Hyperliquid (they would count its funding twice) and closed markets, and coins whose markets are all closed are skipped. Rows past the first 100 are in the JSON feed.

Is a large deviation a trading signal?

Not by itself. A venue can sit far from the median because it is thinly traded, uses a different interval or cap, or has a stale reading. If you want the pair of venues with the widest gap and the long and short side, the arbitrage scanner ranks those; this page only shows how far each venue is from the group.

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