Legacy Frax Dollar (FRAX) Funding Rate History
Legacy Frax Dollar (FRAX) perpetual futures funding ranges from -6.10 bps on CRYPTOCOM to 39.80 bps on KUCOIN across 9 reporting venues, a spread of 45.90 bps. The most extreme rate (435.81% APY annualized) is on KUCOIN. Currently funding signs are mixed: 8 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 FRAX price.
FRAX Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | 39.80 bps | 435.81% APY | -4.10 bps | $3.87K |
| GATEIO | 22.00 bps | 240.90% APY | 0.50 bps | $156.08K |
| CRYPTOCOM | -6.10 bps | -66.79% APY | 5.50 bps | $5.01K |
| ASTER | 6.10 bps | 66.79% APY | -0.80 bps | $1.45K |
| BINANCE | 1.00 bps | 10.95% APY | 0.70 bps | $1.08M |
| BINGX | 1.00 bps | 10.95% APY | 1.00 bps | $254.97K |
| MEXC | 1.00 bps | 10.95% APY | 0.70 bps | $152.46K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $87.95K |
| BITGET | 1.00 bps | 10.95% APY | 0.80 bps | $48.67K |
Last updated 2026-06-06T23:51:30.761885Z (UTC).
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Related: FRAX open interest, FRAX volume, FRAX perp market data.