Coin98 (C98) Funding Rate History
Coin98 (C98) perpetual futures funding ranges from 0.90 bps on GATEIO to 8.40 bps on KUCOIN across 8 reporting venues, a spread of 7.50 bps. The most extreme rate (91.98% APY annualized) is on KUCOIN. 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 C98 price.
C98 Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | 8.40 bps | 91.98% APY | -0.60 bps | $82.07K |
| BINANCE | 1.00 bps | 10.95% APY | 0.60 bps | $5.90M |
| BYBIT | 1.00 bps | 10.95% APY | 0.70 bps | $1.04M |
| BITGET | 1.00 bps | 10.95% APY | 0.70 bps | $367.39K |
| MEXC | 1.00 bps | 10.95% APY | 0.60 bps | $106.46K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $52.91K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 0.90 bps | $28.67K |
| GATEIO | 0.90 bps | 9.86% APY | 1.50 bps | $80.58K |
Last updated 2026-05-25T18:01:39.328079Z (UTC).
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Related: C98 open interest, C98 volume, C98 perp market data.