Best venue to short+10.95%ApeX · Shorts collect the funding longs pay
Cheapest venue to long-72.73%OKX · Lowest funding a long pays — negative means longs get paid
Short-vs-long spread83.68%Short ApeX / long OKX
Open interest · trusted current venues$810M14 venues listing SNDK
ApeXstandard
+10.95%Annualized funding · settles every 1hMark $1,268.9OI $64K
Asterstandard
-46.15%Annualized funding · settles every 8hMark $1,270.37OI $658K
Avantisfunding plus borrow
15.00% costAnnualized rollover, charged to both sidesMark $1,271.82OI $0
Binancestandard
-46.54%Annualized funding · settles every 8hMark $1,270.11OI $383M
Bitgetstandard
0.00%Annualized funding · settles every 8hMark $1,269.7OI $49M
Bybitstandard
-19.48%Annualized funding · settles every 8hMark $1,270.04OI $14M
Coinbasestandard
-18.40%Annualized funding · settles every 1hMark $1,268.73OI $927K
Gatestandard
+10.95%Annualized funding · settles every 8hMark $1,269.55OI $90M
GRVTstandard
0.00%Annualized funding · settles every 8hMark $1,269.35OI $39K
Hyperliquidbuilder set
+7.79%Annualized funding · settles every 1hMark $1,268.6OI $147M
Lighterstandard
+3.50%Annualized funding · settles every 8hMark $1,269.49OI $2M
OKXstandard
-72.73%Annualized funding · settles every 8hMark $1,269.04OI $123M
Orderlystandard
+10.51%Annualized funding · settles every 8hMark $1,269.7OI $12K
Ostiumfunding plus borrow
0.00% costAnnualized rollover, charged to both sidesMark $1,258.33OI $168K
Funding history · annualized
Accumulated funding
| Venue | 1D | 7D | 30D |
|---|
| ApeX | +0.03% 24/24 · 100% | — 100/168 · 60% | — 100/720 · 14% |
| Aster | +0.14% 3/3 · 100% | +0.56% 21/21 · 100% | +1.46% 90/90 · 100% |
| Binance | +0.13% 3/3 · 100% | +0.52% 21/21 · 100% | +1.57% 90/90 · 100% |
| Bitget | +0.10% 3/3 · 100% | +0.56% 21/21 · 100% | +1.71% 90/90 · 100% |
| Bybit | +0.15% 3/3 · 100% | +0.12% 21/21 · 100% | +1.31% 90/90 · 100% |
| Coinbase | +0.09% 24/24 · 100% | — 100/168 · 60% | — 100/720 · 14% |
| Gate | +0.15% 3/3 · 100% | +0.56% 21/21 · 100% | +2.31% 90/90 · 100% |
| GRVT | +0.04% 3/3 · 100% | +0.59% 21/21 · 100% | +2.44% 90/90 · 100% |
| Hyperliquid | — 4/24 · 17% | — 11/168 · 7% | — 11/720 · 2% |
| Lighter | +0.14% 24/3 · 100% | +0.50% 168/21 · 100% | +2.81% 720/90 · 100% |
| OKX | +0.09% 3/3 · 100% | +0.66% 21/21 · 100% | +2.12% 90/90 · 100% |
| Orderly | +0.03% 3/3 · 100% | +0.23% 21/21 · 100% | +0.86% 90/90 · 100% |
Funding by session phase · 30D avg annualized
| Phase | Avg APR | Settlements |
|---|
| Market hours | +15.29% | 346 |
| After hours | +15.79% | 849 |
| Weekend | +9.15% | 408 |
| Holiday | +18.47% | 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.
