Brent Crude Oil (BRENT) Funding Rate History
Brent Crude Oil (BRENT) perpetual futures funding ranges from -1.00 bps on TRADEXYZ to 0.50 bps on ONDO across 8 reporting venues, a spread of 1.50 bps. The most extreme rate (-10.95% APY annualized) is on TRADEXYZ. Currently funding signs are mixed: 2 positive, 4 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 BRENT price.
BRENT Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| TRADEXYZ | -1.00 bps | -10.95% APY | -0.10 bps | $189.52M |
| EXTENDED | -1.00 bps | -10.95% APY | -0.80 bps | $6.55M |
| ONDO | 0.50 bps | 5.47% APY | -0.40 bps | $939.80K |
| BINGX | -0.30 bps | -3.28% APY | 2.90 bps | $32.09M |
| LIGHTER | 0.30 bps | 3.28% APY | 0.30 bps | $3.13M |
| HOTSTUFF | -0.20 bps | -2.19% APY | -0.20 bps | $156.85K |
| HUOBI | 0.00 bps | 0.00% APY | -0.40 bps | $81.96K |
| PHEMEX | 0.00 bps | 0.00% APY | n/a | $81.62K |
Last updated 2026-07-30T21:34:33Z (UTC).
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Related: BRENT open interest, BRENT volume, BRENT perp market data.