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Eclipse (ES) Funding Rate History

Eclipse (ES) perpetual futures funding ranges from -5.20 bps on CRYPTOCOM to 6.80 bps on KUCOIN across 5 reporting venues, a spread of 12.00 bps. The most extreme rate (74.46% APY annualized) is on KUCOIN. Currently funding signs are mixed: 4 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 ES price.

ES Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
KUCOIN6.80 bps74.46% APY8.90 bps$6.62K
CRYPTOCOM-5.20 bps-56.94% APY1.40 bps$320.93
BYBIT1.00 bps10.95% APY-2.00 bps$130.91K
MEXC1.00 bps10.95% APY-2.00 bps$80.08K
VARIATIONAL1.00 bps10.95% APY-1.80 bps$18.42

Last updated 2026-05-15T23:09:29.436939Z (UTC).

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