Best venue to short+10.95%ApeX · Shorts collect the funding longs pay
Cheapest venue to long-17.63%Gate · Lowest funding a long pays — negative means longs get paid
Short-vs-long spread28.58%Short ApeX / long Gate
Open interest · trusted current venues$75M14 venues listing MSFT
ApeXstandard
+10.95%Annualized funding · settles every 1hMark $454.78OI $262K
Asterstandard
0.00%Annualized funding · settles every 8hMark $456.14OI $352K
Avantisfunding plus borrow
10.00% costAnnualized rollover, charged to both sidesMark $455.5OI $55K
Binancestandard
0.00%Annualized funding · settles every 8hMark $455.79OI $16M
Bitgetstandard
0.00%Annualized funding · settles every 8hMark $455.76OI $6M
Bybitstandard
0.00%Annualized funding · settles every 8hMark $455.55OI $2M
Coinbasestandard
+10.51%Annualized funding · settles every 1hMark $455.47OI $506K
Gatestandard
-17.63%Annualized funding · settles every 8hMark $455.42OI $2M
GRVTstandard
0.00%Annualized funding · settles every 8hMark $455.82OI $26K
Hyperliquidbuilder set
+1.42%Annualized funding · settles every 1hMark $455.24OI $42M
Lighterstandard
+3.50%Annualized funding · settles every 8hMark $455.52OI $1M
OKXstandard
0.00%Annualized funding · settles every 8hMark $455.84OI $5M
Orderlystandard
+10.94%Annualized funding · settles every 8hMark $455.71OI $11K
Ostiumfunding plus borrow
8.13% costAnnualized rollover, charged to both sidesMark $444.88OI $133K
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% | +0.08% 90/90 · 100% |
| Binance | 0.00% 3/3 · 100% | -0.02% 21/21 · 100% | +0.15% 90/90 · 100% |
| Bitget | 0.00% 3/3 · 100% | +0.05% 21/21 · 100% | +0.14% 90/90 · 100% |
| Bybit | -0.20% 3/3 · 100% | -0.06% 21/21 · 100% | +0.05% 90/90 · 100% |
| Coinbase | -0.00% 24/24 · 100% | — 100/168 · 60% | — 100/720 · 14% |
| Gate | -0.07% 3/3 · 100% | +0.35% 21/21 · 100% | +1.05% 90/90 · 100% |
| GRVT | 0.00% 3/3 · 100% | +0.21% 21/21 · 100% | +1.86% 90/90 · 100% |
| Hyperliquid | — 4/24 · 17% | — 15/168 · 9% | — 15/720 · 2% |
| Lighter | +0.01% 24/3 · 100% | +0.07% 168/21 · 100% | +0.33% 720/90 · 100% |
| OKX | 0.00% 3/3 · 100% | +0.02% 21/21 · 100% | +0.33% 90/90 · 100% |
| Orderly | +0.03% 3/3 · 100% | +0.21% 21/21 · 100% | +0.90% 90/90 · 100% |
Funding by session phase · 30D avg annualized
| Phase | Avg APR | Settlements |
|---|
| Market hours | +5.31% | 349 |
| After hours | +4.88% | 850 |
| Weekend | +3.66% | 408 |
| Holiday | +1.21% | 48 |
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.