Best venue to short+10.95%ApeX · Shorts collect the funding longs pay
Cheapest venue to long-16.03%OKX · Lowest funding a long pays — negative means longs get paid
Short-vs-long spread26.98%Short ApeX / long OKX
Open interest · trusted current venues$490M14 venues listing MU
ApeXstandard
+10.95%Annualized funding · settles every 1hMark $886.51OI $45K
Asterstandard
-1.18%Annualized funding · settles every 8hMark $886.39OI $1M
Avantisfunding plus borrow
15.00% costAnnualized rollover, charged to both sidesMark $874.17OI $10K
Binancestandard
0.00%Annualized funding · settles every 8hMark $886.72OI $187M
Bitgetstandard
0.00%Annualized funding · settles every 8hMark $886.56OI $17M
Bybitstandard
-13.24%Annualized funding · settles every 8hMark $886.23OI $12M
Coinbasestandard
-9.64%Annualized funding · settles every 1hMark $885.71OI $633K
Gatestandard
-14.78%Annualized funding · settles every 8hMark $886.52OI $26M
GRVTstandard
0.00%Annualized funding · settles every 8hMark $886.99OI $95K
Hyperliquidbuilder set
-7.23%Annualized funding · settles every 1hMark $885.67OI $185M
Lighterstandard
+3.50%Annualized funding · settles every 8hMark $885.95OI $2M
OKXstandard
-16.03%Annualized funding · settles every 8hMark $885.73OI $56M
Orderlystandard
+10.90%Annualized funding · settles every 8hMark $886.58OI $4K
Ostiumfunding plus borrow
0.00% costAnnualized rollover, charged to both sidesMark $874.66OI $2M
Funding history · annualized
Accumulated funding
| Venue | 1D | 7D | 30D |
|---|
| ApeX | +0.03% 24/24 · 100% | — 100/168 · 60% | — 100/720 · 14% |
| Aster | +0.03% 3/3 · 100% | +0.13% 21/21 · 100% | +0.59% 98/90 · 100% |
| Binance | +0.04% 3/3 · 100% | +0.18% 21/21 · 100% | +0.82% 95/90 · 100% |
| Bitget | +0.04% 3/3 · 100% | +0.18% 21/21 · 100% | +0.89% 90/90 · 100% |
| Bybit | -0.07% 3/3 · 100% | -0.20% 21/21 · 100% | +1.68% 90/90 · 100% |
| Coinbase | +0.06% 24/24 · 100% | — 100/168 · 60% | — 100/720 · 14% |
| Gate | +0.05% 3/3 · 100% | +0.21% 21/21 · 100% | +1.32% 90/90 · 100% |
| GRVT | +0.00% 3/3 · 100% | +0.38% 21/21 · 100% | +2.49% 95/90 · 100% |
| Hyperliquid | — 5/24 · 21% | — 16/168 · 10% | — 16/720 · 2% |
| Lighter | +0.11% 24/3 · 100% | +0.33% 168/21 · 100% | +3.94% 720/90 · 100% |
| OKX | 0.00% 3/3 · 100% | +0.16% 21/21 · 100% | +0.97% 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 | +9.78% | 342 |
| After hours | +9.65% | 861 |
| Weekend | +12.09% | 423 |
| Holiday | +31.95% | 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.
