Best venue to short+52.56%Bitget · Shorts collect the funding longs pay
Cheapest venue to long-4.38%Coinbase · Lowest funding a long pays — negative means longs get paid
Short-vs-long spread56.94%Short Bitget / long Coinbase
Open interest · trusted current venues$70M14 venues listing META
ApeXstandard
+10.95%Annualized funding · settles every 1hMark $532.94OI $21K
Asterstandard
0.00%Annualized funding · settles every 8hMark $534OI $226K
Avantisfunding plus borrow
10.00% costAnnualized rollover, charged to both sidesMark $532.54OI $22
Binancestandard
+2.13%Annualized funding · settles every 8hMark $533.34OI $11M
Bitgetstandard
+52.56%Annualized funding · settles every 8hMark $533.55OI $5M
Bybitstandard
+38.33%Annualized funding · settles every 8hMark $533.5OI $2M
Coinbasestandard
-4.38%Annualized funding · settles every 1hMark $532.28OI $932K
Gatestandard
+10.95%Annualized funding · settles every 8hMark $533.7OI $830K
GRVTstandard
0.00%Annualized funding · settles every 8hMark $533.49OI $11K
Hyperliquidbuilder set
+16.39%Annualized funding · settles every 1hMark $532.78OI $47M
Lighterstandard
+3.50%Annualized funding · settles every 8hMark $533.39OI $564K
OKXstandard
+4.43%Annualized funding · settles every 8hMark $533.62OI $2M
Orderlystandard
+10.89%Annualized funding · settles every 8hMark $533.07OI $16K
Ostiumfunding plus borrow
4.81% costAnnualized rollover, charged to both sidesMark $533.36OI $113K
Funding history · annualized
Accumulated funding
| Venue | 1D | 7D | 30D |
|---|
| ApeX | +0.03% 24/24 · 100% | — 100/168 · 60% | — 100/720 · 14% |
| Aster | 0.00% 3/3 · 100% | +0.00% 21/21 · 100% | +0.13% 90/90 · 100% |
| Binance | 0.00% 3/3 · 100% | -0.02% 21/21 · 100% | +0.18% 90/90 · 100% |
| Bitget | +0.05% 3/3 · 100% | +0.05% 21/21 · 100% | +0.05% 90/90 · 100% |
| Bybit | +0.02% 3/3 · 100% | +0.30% 21/21 · 100% | +0.33% 90/90 · 100% |
| Coinbase | -0.04% 24/24 · 100% | — 100/168 · 60% | — 100/720 · 14% |
| Gate | -0.02% 3/3 · 100% | +0.51% 21/21 · 100% | +1.20% 90/90 · 100% |
| GRVT | 0.00% 3/3 · 100% | +0.23% 21/21 · 100% | +1.36% 90/90 · 100% |
| Hyperliquid | — 4/24 · 17% | — 15/168 · 9% | — 15/720 · 2% |
| Lighter | +0.01% 24/3 · 100% | +0.08% 168/21 · 100% | +0.41% 720/90 · 100% |
| OKX | 0.00% 3/3 · 100% | 0.00% 21/21 · 100% | +0.02% 90/90 · 100% |
| Orderly | +0.03% 3/3 · 100% | +0.17% 21/21 · 100% | — 68/90 · 76% |
Funding by session phase · 30D avg annualized
| Phase | Avg APR | Settlements |
|---|
| Market hours | +2.78% | 345 |
| After hours | +2.73% | 841 |
| Weekend | +4.27% | 402 |
| Holiday | +2.99% | 45 |
Underlying equities print ~32.5 market hours a week; these perps trade 168. Accumulated and session tables cover every venue with a per-settlement feed; rollover venues (Ostium, Avantis) charge both sides continuously and publish no settle history.
