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Cardano (ADA) Funding Rate History

Cardano (ADA) perpetual futures funding ranges from -8.20 bps on LIGHTER to 6.90 bps on WOOFIPRO across 27 reporting venues, a spread of 15.10 bps. The most extreme rate (-89.79% APY annualized) is on LIGHTER. Currently funding signs are mixed: 12 positive, 15 negative.

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on ADA price.

ADA Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
LIGHTER-8.20 bps-89.79% APY-0.50 bps$576.53K
WOOFIPRO6.90 bps75.55% APY7.80 bps$6.73K
PHEMEX-5.50 bps-60.22% APY-0.50 bps$8.73M
HYPERLIQUID-4.30 bps-47.08% APY0.20 bps$2.43M
ASTER-2.70 bps-29.57% APY-0.20 bps$771.24K
DECIBEL2.60 bps28.47% APY1.60 bps$89.35K
PHOENIX-2.50 bps-27.38% APY-1.80 bps$5.86K
KUCOIN-2.40 bps-26.28% APY-0.10 bps$9.60M
CRYPTOCOM-2.30 bps-25.18% APY-1.30 bps$634.16K
BINGX-2.00 bps-21.90% APY0.80 bps$18.71M
MEXC2.00 bps21.90% APY-0.10 bps$15.51M
COINBASE US2.00 bps21.90% APY1.60 bps$1.27M
REYA1.90 bps20.80% APY0.90 bps$4.94K
PARADEX-1.90 bps-20.80% APY0.20 bps$38.08
BINANCE-1.60 bps-17.52% APY-0.10 bps$114.90M
BYBIT-1.40 bps-15.33% APY0.40 bps$48.08M
BITGET-1.20 bps-13.14% APY0.40 bps$15.74M
GATEIO-1.20 bps-13.14% APY0.10 bps$12.30M
OKX1.00 bps10.95% APY0.40 bps$29.25M
GRVT1.00 bps10.95% APY1.00 bps$7.33M
HUOBI1.00 bps10.95% APY1.00 bps$964.20K
EXTENDED1.00 bps10.95% APY0.80 bps$941.24K
HYENA1.00 bps10.95% APY1.00 bps$0
PACIFICA0.90 bps9.86% APY0.30 bps$57.19K
COINBASE INTL-0.40 bps-4.38% APY-0.20 bps$1.34M
VARIATIONAL-0.20 bps-2.19% APY0.90 bps$478.94K
EDGEX0.10 bps1.09% APY0.10 bps$392.73K

Last updated 2026-07-20T09:41:25Z (UTC).

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