Legacy Frax Dollar (FRAX) Funding Rate History
Legacy Frax Dollar (FRAX) perpetual futures funding ranges from -19.60 bps on KUCOIN to 6.90 bps on CRYPTOCOM across 9 reporting venues, a spread of 26.50 bps. The most extreme rate (-214.62% APY annualized) is on KUCOIN. Currently funding signs are mixed: 6 positive, 3 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 FRAX price.
FRAX Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | -19.60 bps | -214.62% APY | -2.90 bps | $17.64K |
| CRYPTOCOM | 6.90 bps | 75.55% APY | 11.00 bps | $4.99K |
| GATEIO | -4.60 bps | -50.37% APY | 1.50 bps | $92.26K |
| ASTER | -1.30 bps | -14.23% APY | -0.30 bps | $4.34K |
| BINANCE | 1.00 bps | 10.95% APY | 0.80 bps | $1.80M |
| BINGX | 1.00 bps | 10.95% APY | 1.00 bps | $270.50K |
| BITGET | 1.00 bps | 10.95% APY | 0.90 bps | $233.21K |
| MEXC | 1.00 bps | 10.95% APY | 0.80 bps | $150.12K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $143.24K |
Last updated 2026-06-04T20:27:16.750235Z (UTC).
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Related: FRAX open interest, FRAX volume, FRAX perp market data.