Coin98 (C98) Funding Rate History
Coin98 (C98) perpetual futures funding ranges from -0.60 bps on KUCOIN to 1.00 bps on BINANCE across 8 reporting venues, a spread of 1.60 bps. The most extreme rate (10.95% APY annualized) is on BINANCE. Currently funding signs are mixed: 7 positive, 1 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 | 1.00 bps | 10.95% APY | 0.50 bps | $1.09M |
| BYBIT | 1.00 bps | 10.95% APY | 0.80 bps | $238.03K |
| BITGET | 1.00 bps | 10.95% APY | 0.50 bps | $136.32K |
| MEXC | 1.00 bps | 10.95% APY | 0.50 bps | $78.89K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $46.16K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 0.90 bps | $7.34K |
| GATEIO | 1.00 bps | 10.95% APY | 2.30 bps | $6.25K |
| KUCOIN | -0.60 bps | -6.57% APY | -0.50 bps | $5.96K |
Last updated 2026-05-19T11:00:29.151690Z (UTC).
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Related: C98 open interest, C98 volume, C98 perp market data.