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Based (BASED) Funding Rate History

Based (BASED) perpetual futures funding ranges from 1.00 bps on OKX to 7.20 bps on GATEIO across 15 reporting venues, a spread of 6.20 bps. The most extreme rate (78.84% APY annualized) is on GATEIO. Currently all venues currently report positive funding (longs paying shorts).

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 BASED price.

BASED Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
GATEIO7.20 bps78.84% APY3.10 bps$1.03M
BINGX6.60 bps72.27% APY2.20 bps$1.86M
BITGET6.50 bps71.17% APY2.20 bps$709.80K
CRYPTOCOM5.30 bps58.03% APY2.90 bps$623.26
WOOFIPRO1.80 bps19.71% APY1.90 bps$150.95
OKX1.00 bps10.95% APY1.00 bps$9.74M
BINANCE1.00 bps10.95% APY1.30 bps$4.58M
MEXC1.00 bps10.95% APY1.30 bps$1.27M
BYBIT1.00 bps10.95% APY1.00 bps$1.11M
KUCOIN1.00 bps10.95% APY1.10 bps$783.36K
EXTENDED1.00 bps10.95% APY1.30 bps$479.43K
GRVT1.00 bps10.95% APY1.00 bps$302.45K
HYENA1.00 bps10.95% APY1.10 bps$16.24K
ASTER1.00 bps10.95% APY1.20 bps$16.17K
VARIATIONAL1.00 bps10.95% APY1.00 bps$2.67K

Last updated 2026-08-18T18:52:45Z (UTC).

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