Coin98 (C98) Funding Rate History
Coin98 (C98) perpetual futures funding ranges from -2.00 bps on BINANCE to 1.00 bps on BYBIT across 8 reporting venues, a spread of 3.00 bps. The most extreme rate (-21.90% APY annualized) is on BINANCE. Currently funding signs are mixed: 6 positive, 2 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 C98 price.
C98 Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| BINANCE | -2.00 bps | -21.90% APY | 0.80 bps | $1.32M |
| MEXC | -1.90 bps | -20.80% APY | 0.80 bps | $113.08K |
| BYBIT | 1.00 bps | 10.95% APY | 1.00 bps | $261.81K |
| BITGET | 1.00 bps | 10.95% APY | 1.00 bps | $88.55K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $26.53K |
| GATEIO | 1.00 bps | 10.95% APY | -0.70 bps | $22.35K |
| KUCOIN | 1.00 bps | 10.95% APY | 0.70 bps | $11.56K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 1.00 bps | $199.07 |
Last updated 2026-07-09T21:31:14Z (UTC).
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Related: C98 open interest, C98 volume, C98 perp market data.