The data, rate or quote types and calculation behind each figure on the Perp funding page. Rates observed Sep 25, 3:55 PM ET; this page updates with it. For a frozen copy, use the snapshot.
Figures25 records below, each with its own link (#id)
Bitcoin average funding rate
+3.2%
The average annualized funding rate for BTC perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kalshi +0.0% to Hyperliquid +10.9%.
Rate type: Current funding rate, annualized. Cited as: “BTC perpetual funding averages +3.2% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list BTC; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXBTCPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $10.2MWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+1.8% a year
BTC-USDAs quoted +0.0002% every 1hPer 8 hours +0.0016%Open interest $11.1MWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+4.4% a year
BTC-PERPAs quoted +0.0005% every 1hPer 8 hours +0.0040%Open interest $89.8MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+0.2% a year
PF_XBTUSDAs quoted +0.0000% every 1hPer 8 hours +0.0001%Open interest $183.4MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
BTCAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $3.3BWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+1.9% a year
BTC-USDT-SWAPAs quoted +0.0017% every 8hPer 8 hours +0.0017%Open interest $2.4BWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
Ether average funding rate
+4.2%
The average annualized funding rate for ETH perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kalshi +0.0% to Polymarket +10.9%.
Rate type: Current funding rate, annualized. Cited as: “ETH perpetual funding averages +4.2% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list ETH; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXETHPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $3.8MWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
ETH-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $10.7MWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+2.6% a year
ETH-PERPAs quoted +0.0003% every 1hPer 8 hours +0.0024%Open interest $45.9MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+0.4% a year
PF_ETHUSDAs quoted +0.0000% every 1hPer 8 hours +0.0004%Open interest $70.3MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
ETHAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $3.0BWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+0.6% a year
ETH-USDT-SWAPAs quoted +0.0005% every 8hPer 8 hours +0.0005%Open interest $1.6BWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
HYPE average funding rate
+12.2%
The average annualized funding rate for HYPE perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kalshi +0.0% to Coinbase Intl +35.0%.
Rate type: Current funding rate, annualized. Cited as: “HYPE perpetual funding averages +12.2% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list HYPE; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXHYPEPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $1.7MWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
HYPE-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $346KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+35.0% a year
HYPE-PERPAs quoted +0.0040% every 1hPer 8 hours +0.0320%Open interest $4.7MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+14.8% a year
PF_HYPEUSDAs quoted +0.0017% every 1hPer 8 hours +0.0136%Open interest $16.4MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
HYPEAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $1.9BWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+1.3% a year
HYPE-USDT-SWAPAs quoted +0.0012% every 8hPer 8 hours +0.0012%Open interest $101.8MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
SOL average funding rate
+13.8%
The average annualized funding rate for SOL perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Coinbase Intl +7.9% to Kalshi +29.6%.
Rate type: Current funding rate, annualized. Cited as: “SOL perpetual funding averages +13.8% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list SOL; not weighted by open interest.
Exchanges (6)
Kalshi+29.6% a year
KXSOLPERPAs quoted +0.0271% every 8hPer 8 hours +0.0271%Open interest $1.6MWho pays Longs pay shortsKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
SOL-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $367KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+7.9% a year
SOL-PERPAs quoted +0.0009% every 1hPer 8 hours +0.0072%Open interest $8.9MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+12.4% a year
PF_SOLUSDAs quoted +0.0014% every 1hPer 8 hours +0.0113%Open interest $32.9MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
SOLAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $754.6MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
SOL-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $372.7MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
ZEC average funding rate
+11.0%
The average annualized funding rate for ZEC perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: OKX -4.8% to Coinbase Intl +52.6%.
Rate type: Current funding rate, annualized. Cited as: “ZEC perpetual funding averages +11.0% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list ZEC; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXZECPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $1.3MWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
ZEC-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $429KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+52.6% a year
ZEC-PERPAs quoted +0.0060% every 1hPer 8 hours +0.0480%Open interest $3.1MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken−3.8% a year
PF_ZECUSDAs quoted −0.0004% every 1hPer 8 hours −0.0035%Open interest $20.3MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
ZECAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $784.8MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX−4.8% a year
ZEC-USDT-SWAPAs quoted −0.0044% every 8hPer 8 hours −0.0044%Open interest $173.9MWho pays Shorts pay longsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
NEAR average funding rate
+10.4%
The average annualized funding rate for NEAR perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Coinbase Intl -8.8% to Hyperliquid +34.0%.
Rate type: Current funding rate, annualized. Cited as: “NEAR perpetual funding averages +10.4% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list NEAR; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXNEARPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $710KWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
NEAR-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $176KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl−8.8% a year
NEAR-PERPAs quoted −0.0010% every 1hPer 8 hours −0.0080%Open interest $1.8MWho pays Shorts pay longsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+15.2% a year
PF_NEARUSDAs quoted +0.0017% every 1hPer 8 hours +0.0139%Open interest $5.7MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+34.0% a year
NEARAs quoted +0.0039% every 1hPer 8 hours +0.0311%Open interest $414.6MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
NEAR-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $69.3MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
XRP average funding rate
+12.1%
The average annualized funding rate for XRP perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Coinbase Intl -7.9% to Kraken +25.7%.
Rate type: Current funding rate, annualized. Cited as: “XRP perpetual funding averages +12.1% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list XRP; not weighted by open interest.
Exchanges (6)
Kalshi+21.7% a year
KXXRPPERPAs quoted +0.0198% every 8hPer 8 hours +0.0198%Open interest $1.9MWho pays Longs pay shortsKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
XRP-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $64KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl−7.9% a year
XRP-PERPAs quoted −0.0009% every 1hPer 8 hours −0.0072%Open interest $4.0MWho pays Shorts pay longsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+25.7% a year
PF_XRPUSDAs quoted +0.0029% every 1hPer 8 hours +0.0235%Open interest $16.4MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
XRPAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $312.4MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
XRP-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $110.0MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
LIT average funding rate
-33.9%
The average annualized funding rate for LIT perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Coinbase Intl -55.2% to OKX -19.9%.
Rate type: Current funding rate, annualized. Cited as: “LIT perpetual funding averages -33.9% a year across 4 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 4 exchanges that list LIT; not weighted by open interest.
Exchanges (4)
Polymarket−40.3% a year
LIT-USDAs quoted −0.0046% every 1hPer 8 hours −0.0368%Open interest $463KWho pays Shorts pay longsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl−55.2% a year
LIT-PERPAs quoted −0.0063% every 1hPer 8 hours −0.0504%Open interest $658KWho pays Shorts pay longsCoinbase Intl’s public API, read by DeFi Rate.
Hyperliquid−20.1% a year
LITAs quoted −0.0023% every 1hPer 8 hours −0.0183%Open interest $219.0MWho pays Shorts pay longsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX−19.9% a year
LIT-USDT-SWAPAs quoted −0.0091% every 4hPer 8 hours −0.0182%Open interest $24.3MWho pays Shorts pay longsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
DOGE average funding rate
+11.3%
The average annualized funding rate for DOGE perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kalshi +0.0% to Kraken +23.7%.
Rate type: Current funding rate, annualized. Cited as: “DOGE perpetual funding averages +11.3% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list DOGE; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXDOGEPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $375KWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
DOGE-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $211KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+11.4% a year
DOGE-PERPAs quoted +0.0013% every 1hPer 8 hours +0.0104%Open interest $1.9MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+23.7% a year
PF_DOGEUSDAs quoted +0.0027% every 1hPer 8 hours +0.0217%Open interest $6.4MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
DOGEAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $125.2MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
DOGE-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $98.4MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
XAU average funding rate
+12.1%
The average annualized funding rate for XAU perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Coinbase Intl -4.4% to OKX +35.0%.
Rate type: Current funding rate, annualized. Cited as: “XAU perpetual funding averages +12.1% a year across 5 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 5 exchanges that list XAU; not weighted by open interest.
Exchanges (5)
Kalshi+3.9% a year
KXGOLDPERPAs quoted +0.0106% every 24hPer 8 hours +0.0035%Open interest $4.7MWho pays Longs pay shortsKalshi’s public API, read by DeFi Rate.
Polymarket+5.5% a year
GOLD-USDAs quoted +0.0006% every 1hPer 8 hours +0.0050%Open interest $4.4MWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl−4.4% a year
GOLD-PERPAs quoted −0.0005% every 1hPer 8 hours −0.0040%Open interest $2.0MWho pays Shorts pay longsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+20.6% a year
PF_XAUUSDAs quoted +0.0023% every 1hPer 8 hours +0.0188%Open interest $574KWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+35.0% a year
XAU-USDT-SWAPAs quoted +0.0319% every 8hPer 8 hours +0.0319%Open interest $179.8MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
ENA average funding rate
+45.2%
The average annualized funding rate for ENA perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Polymarket +10.9% to Kraken +74.4%.
Rate type: Current funding rate, annualized. Cited as: “ENA perpetual funding averages +45.2% a year across 5 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 5 exchanges that list ENA; not weighted by open interest.
Exchanges (5)
Polymarket+10.9% a year
ENA-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $177KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+67.5% a year
ENA-PERPAs quoted +0.0077% every 1hPer 8 hours +0.0616%Open interest $1.0MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+74.4% a year
PF_ENAUSDAs quoted +0.0085% every 1hPer 8 hours +0.0679%Open interest $3.4MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+62.1% a year
ENAAs quoted +0.0071% every 1hPer 8 hours +0.0567%Open interest $153.5MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
ENA-USDT-SWAPAs quoted +0.0050% every 4hPer 8 hours +0.0100%Open interest $24.5MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
UNI average funding rate
+11.2%
The average annualized funding rate for UNI perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Coinbase Intl -0.9% to Kraken +24.1%.
Rate type: Current funding rate, annualized. Cited as: “UNI perpetual funding averages +11.2% a year across 5 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 5 exchanges that list UNI; not weighted by open interest.
Exchanges (5)
Polymarket+10.9% a year
UNI-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $105KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl−0.9% a year
UNI-PERPAs quoted −0.0001% every 1hPer 8 hours −0.0008%Open interest $1.6MWho pays Shorts pay longsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+24.1% a year
PF_UNIUSDAs quoted +0.0027% every 1hPer 8 hours +0.0220%Open interest $3.3MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
UNIAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $114.7MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
UNI-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $62.2MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
PUMP average funding rate
+36.7%
The average annualized funding rate for PUMP perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Polymarket +10.9% to Kraken +75.7%.
Rate type: Current funding rate, annualized. Cited as: “PUMP perpetual funding averages +36.7% a year across 5 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 5 exchanges that list PUMP; not weighted by open interest.
Exchanges (5)
Polymarket+10.9% a year
PUMP-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $125KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+45.5% a year
PUMP-PERPAs quoted +0.0052% every 1hPer 8 hours +0.0416%Open interest $425KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+75.7% a year
PF_PUMPUSDAs quoted +0.0086% every 1hPer 8 hours +0.0691%Open interest $703KWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+40.4% a year
PUMPAs quoted +0.0046% every 1hPer 8 hours +0.0369%Open interest $155.8MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
PUMP-USDT-SWAPAs quoted +0.0050% every 4hPer 8 hours +0.0100%Open interest $20.6MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
SUI average funding rate
+15.9%
The average annualized funding rate for SUI perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kalshi +0.0% to Coinbase Intl +47.3%.
Rate type: Current funding rate, annualized. Cited as: “SUI perpetual funding averages +15.9% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list SUI; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXSUIPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $738KWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
SUI-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $150KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+47.3% a year
SUI-PERPAs quoted +0.0054% every 1hPer 8 hours +0.0432%Open interest $1.2MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+20.7% a year
PF_SUIUSDAs quoted +0.0024% every 1hPer 8 hours +0.0189%Open interest $8.2MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
SUIAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $83.6MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+5.6% a year
SUI-USDT-SWAPAs quoted +0.0051% every 8hPer 8 hours +0.0051%Open interest $43.3MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
LINK average funding rate
+11.2%
The average annualized funding rate for LINK perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kraken -3.6% to Coinbase Intl +37.7%.
Rate type: Current funding rate, annualized. Cited as: “LINK perpetual funding averages +11.2% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list LINK; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXLINKPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $569KWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
LINK-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $77KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+37.7% a year
LINK-PERPAs quoted +0.0043% every 1hPer 8 hours +0.0344%Open interest $1.2MWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken−3.6% a year
PF_LINKUSDAs quoted −0.0004% every 1hPer 8 hours −0.0032%Open interest $6.2MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
LINKAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $98.6MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
LINK-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $29.1MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
TAO average funding rate
+30.5%
The average annualized funding rate for TAO perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Polymarket +10.9% to Kraken +48.3%.
Rate type: Current funding rate, annualized. Cited as: “TAO perpetual funding averages +30.5% a year across 5 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 5 exchanges that list TAO; not weighted by open interest.
Exchanges (5)
Polymarket+10.9% a year
TAO-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $114KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+42.9% a year
TAO-PERPAs quoted +0.0049% every 1hPer 8 hours +0.0392%Open interest $619KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+48.3% a year
PF_TAOUSDAs quoted +0.0055% every 1hPer 8 hours +0.0441%Open interest $6.6MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+39.4% a year
TAOAs quoted +0.0045% every 1hPer 8 hours +0.0360%Open interest $92.4MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
TAO-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $25.6MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
XPL average funding rate
+140.5%
The average annualized funding rate for XPL perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Polymarket +10.9% to Kraken +374.7%.
Rate type: Current funding rate, annualized. Cited as: “XPL perpetual funding averages +140.5% a year across 5 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 5 exchanges that list XPL; not weighted by open interest.
Exchanges (5)
Polymarket+10.9% a year
XPL-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $135KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+188.3% a year
XPL-PERPAs quoted +0.0215% every 1hPer 8 hours +0.1720%Open interest $147KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+374.7% a year
PF_XPLUSDAs quoted +0.0428% every 1hPer 8 hours +0.3422%Open interest $870KWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+117.7% a year
XPLAs quoted +0.0134% every 1hPer 8 hours +0.1075%Open interest $106.2MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
XPL-USDT-SWAPAs quoted +0.0050% every 4hPer 8 hours +0.0100%Open interest $9.8MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
ONDO average funding rate
+18.9%
The average annualized funding rate for ONDO perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kraken -1.7% to Hyperliquid +39.3%.
Rate type: Current funding rate, annualized. Cited as: “ONDO perpetual funding averages +18.9% a year across 5 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 5 exchanges that list ONDO; not weighted by open interest.
Exchanges (5)
Polymarket+10.9% a year
ONDO-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $93KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+35.0% a year
ONDO-PERPAs quoted +0.0040% every 1hPer 8 hours +0.0320%Open interest $366KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken−1.7% a year
PF_ONDOUSDAs quoted −0.0002% every 1hPer 8 hours −0.0016%Open interest $3.3MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+39.3% a year
ONDOAs quoted +0.0045% every 1hPer 8 hours +0.0359%Open interest $86.3MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
ONDO-USDT-SWAPAs quoted +0.0050% every 4hPer 8 hours +0.0100%Open interest $25.7MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
BNB average funding rate
+8.2%
The average annualized funding rate for BNB perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kraken -11.8% to Coinbase Intl +28.0%.
Rate type: Current funding rate, annualized. Cited as: “BNB perpetual funding averages +8.2% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list BNB; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXBNBPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $102KWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
BNB-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $171KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+28.0% a year
BNB-PERPAs quoted +0.0032% every 1hPer 8 hours +0.0256%Open interest $671KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken−11.8% a year
PF_BNBUSDAs quoted −0.0014% every 1hPer 8 hours −0.0108%Open interest $2.8MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
BNBAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $51.3MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
BNB-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $51.2MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
AAVE average funding rate
+1.1%
The average annualized funding rate for AAVE perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kraken -54.5% to Coinbase Intl +28.0%.
Rate type: Current funding rate, annualized. Cited as: “AAVE perpetual funding averages +1.1% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list AAVE; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXAAVEPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $95KWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
AAVE-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $170KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+28.0% a year
AAVE-PERPAs quoted +0.0032% every 1hPer 8 hours +0.0256%Open interest $816KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken−54.5% a year
PF_AAVEUSDAs quoted −0.0062% every 1hPer 8 hours −0.0498%Open interest $3.6MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
AAVEAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $80.8MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
AAVE-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $18.5MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
LTC average funding rate
+7.8%
The average annualized funding rate for LTC perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kraken -0.4% to Coinbase Intl +25.4%.
Rate type: Current funding rate, annualized. Cited as: “LTC perpetual funding averages +7.8% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list LTC; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXLTCPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $578KWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
LTC-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $82KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+25.4% a year
LTC-PERPAs quoted +0.0029% every 1hPer 8 hours +0.0232%Open interest $862KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken−0.4% a year
PF_LTCUSDAs quoted −0.0000% every 1hPer 8 hours −0.0003%Open interest $8.0MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
LTCAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $48.3MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+0.1% a year
LTC-USDT-SWAPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $35.1MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
WLD average funding rate
+46.1%
The average annualized funding rate for WLD perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kalshi -15.4% to Coinbase Intl +119.1%.
Rate type: Current funding rate, annualized. Cited as: “WLD perpetual funding averages +46.1% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list WLD; not weighted by open interest.
Exchanges (6)
Kalshi−15.4% a year
KXWLDPERPAs quoted −0.0140% every 8hPer 8 hours −0.0140%Open interest $30KWho pays Shorts pay longsKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
WLD-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $57KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+119.1% a year
WLD-PERPAs quoted +0.0136% every 1hPer 8 hours +0.1088%Open interest $355KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken+82.2% a year
PF_WLDUSDAs quoted +0.0094% every 1hPer 8 hours +0.0751%Open interest $1.0MWho pays Longs pay shortsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+68.9% a year
WLDAs quoted +0.0079% every 1hPer 8 hours +0.0629%Open interest $50.8MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
WLD-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $34.4MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
ADA average funding rate
+6.8%
The average annualized funding rate for ADA perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kraken -7.0% to Coinbase Intl +14.9%.
Rate type: Current funding rate, annualized. Cited as: “ADA perpetual funding averages +6.8% a year across 6 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 6 exchanges that list ADA; not weighted by open interest.
Exchanges (6)
Kalshi+0.0% a year
KXADAPERPAs quoted +0.0000% every 8hPer 8 hours +0.0000%Open interest $153KWho pays Neither sideKalshi’s public API, read by DeFi Rate.
Polymarket+10.9% a year
ADA-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $64KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+14.9% a year
ADA-PERPAs quoted +0.0017% every 1hPer 8 hours +0.0136%Open interest $333KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken−7.0% a year
PF_ADAUSDAs quoted −0.0008% every 1hPer 8 hours −0.0064%Open interest $5.3MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
ADAAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $46.4MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+10.9% a year
ADA-USDT-SWAPAs quoted +0.0100% every 8hPer 8 hours +0.0100%Open interest $33.7MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗
XMR average funding rate
-2.6%
The average annualized funding rate for XMR perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kraken -29.7% to Polymarket +10.9%.
Rate type: Current funding rate, annualized. Cited as: “XMR perpetual funding averages -2.6% a year across 3 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 3 exchanges that list XMR; not weighted by open interest.
Exchanges (3)
Polymarket+10.9% a year
XMR-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $75KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Kraken−29.7% a year
PF_XMRUSDAs quoted −0.0034% every 1hPer 8 hours −0.0271%Open interest $4.6MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
XMRAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $80.8MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
PEPE average funding rate
+4.2%
The average annualized funding rate for PEPE perpetual futures across the exchanges we track. Positive means traders holding longs pay those holding shorts.
Simple mean of each exchange’s current rate, converted to percent per year. Range: Kraken -11.5% to Polymarket +10.9%.
Rate type: Current funding rate, annualized. Cited as: “PEPE perpetual funding averages +4.2% a year across 5 exchanges” (exchange APIs via DeFi Rate).
UnitsAnnualized by DeFi Rate from each exchange’s current rate and payment interval: percent per year. Positive means longs pay shorts.
CoverageSimple average of the 5 exchanges that list PEPE; not weighted by open interest.
Exchanges (5)
Polymarket+10.9% a year
KPEPE-USDAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $319KWho pays Longs pay shortsPolymarket’s public API, read by DeFi Rate.
Coinbase Intl+4.4% a year
1000PEPE-PERPAs quoted +0.0005% every 1hPer 8 hours +0.0040%Open interest $576KWho pays Longs pay shortsCoinbase Intl’s public API, read by DeFi Rate.
Kraken−11.5% a year
PF_PEPEUSDAs quoted −0.0013% every 1hPer 8 hours −0.0105%Open interest $2.4MWho pays Shorts pay longsKraken’s public API, read by DeFi Rate.Exchange contract page ↗
Hyperliquid+10.9% a year
kPEPEAs quoted +0.0013% every 1hPer 8 hours +0.0100%Open interest $46.6MWho pays Longs pay shortsHyperliquid’s public API, read by DeFi Rate.Exchange contract page ↗
OKX+6.3% a year
PEPE-USDT-SWAPAs quoted +0.0057% every 8hPer 8 hours +0.0057%Open interest $32.7MWho pays Longs pay shortsOKX’s public API, read by DeFi Rate.Exchange contract page ↗