Bitcoin (BTC) Funding Rate History
Bitcoin (BTC) perpetual futures funding ranges from -1.10 bps on AFTERMATH to 16.40 bps on DRIFT across 35 reporting venues, a spread of 17.50 bps. The most extreme rate (179.58% APY annualized) is on DRIFT. Currently funding signs are mixed: 31 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 BTC price.
BTC Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| DRIFT | 16.40 bps | 179.58% APY | n/a | $0 |
| REYA | 1.80 bps | 19.71% APY | 1.00 bps | $68.86M |
| CRYPTOCOM | 1.40 bps | 15.33% APY | 1.20 bps | $353.01M |
| ZO | 1.30 bps | 14.23% APY | 1.20 bps | $4.17M |
| RISEX | 1.10 bps | 12.04% APY | 1.20 bps | $19.90M |
| AFTERMATH | -1.10 bps | -12.04% APY | -1.10 bps | $0 |
| BINANCE | 1.00 bps | 10.95% APY | 0.60 bps | $7.20B |
| PACIFICA | 1.00 bps | 10.95% APY | 0.70 bps | $400.08M |
| GRVT | 1.00 bps | 10.95% APY | 0.80 bps | $274.59M |
| EDGEX | 1.00 bps | 10.95% APY | 0.80 bps | $267.65M |
| EXTENDED | 1.00 bps | 10.95% APY | 1.00 bps | $120.47M |
| NADO | 1.00 bps | 10.95% APY | 0.50 bps | $67.32M |
| WOOFIPRO | 1.00 bps | 10.95% APY | 0.90 bps | $17.17M |
| HUOBI | 1.00 bps | 10.95% APY | 1.10 bps | $4.33M |
| PARADEX | 1.00 bps | 10.95% APY | 0.10 bps | $1.22M |
| BLUEFIN | 1.00 bps | 10.95% APY | 1.10 bps | $151.39K |
| DECIBEL | 1.00 bps | 10.95% APY | 0.90 bps | $0 |
| HYPERLIQUID | 0.90 bps | 9.86% APY | 0.30 bps | $1.49B |
| BINGX | 0.90 bps | 9.86% APY | 0.50 bps | $857.85M |
| ETHEREAL | 0.90 bps | 9.86% APY | 0.50 bps | $4.13M |
| BITGET | 0.80 bps | 8.76% APY | 0.30 bps | $1.74B |
| KUCOIN | 0.80 bps | 8.76% APY | 0.50 bps | $264.73M |
| PHOENIX | 0.80 bps | 8.76% APY | -0.30 bps | $0 |
| VARIATIONAL | 0.70 bps | 7.66% APY | 0.90 bps | $360.44M |
| ASTER | 0.60 bps | 6.57% APY | -0.40 bps | $408.95M |
| GATEIO | 0.50 bps | 5.47% APY | 0.40 bps | $2.49B |
| OKX | -0.40 bps | -4.38% APY | 0.40 bps | $3.34B |
| BYBIT | 0.30 bps | 3.28% APY | 0.50 bps | $2.57B |
| PHEMEX | 0.30 bps | 3.28% APY | 0.50 bps | $524.81M |
| MEXC | 0.20 bps | 2.19% APY | 0.60 bps | $4.46B |
| LIGHTER | -0.20 bps | -2.19% APY | 0.30 bps | $428.76M |
| VEST | 0.20 bps | 2.19% APY | 0.70 bps | $4.02M |
| HOTSTUFF | 0.20 bps | 2.19% APY | 0.00 bps | $767.72K |
| HIBACHI | 0.10 bps | 1.09% APY | 0.10 bps | $13.75M |
| HYENA | -0.10 bps | -1.09% APY | 0.60 bps | $876.02K |
Last updated 2026-06-01T05:43:38.803882Z (UTC).
Loading BTC funding history...
Related: BTC open interest, BTC volume, BTC perp market data.