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HIGH Funding Rate History

HIGH perpetual futures funding ranges from 1.00 bps on BYBIT to 1.40 bps on VARIATIONAL across 4 reporting venues, a spread of 0.40 bps. The most extreme rate (15.33% APY annualized) is on VARIATIONAL. Currently all venues currently report positive funding (longs paying shorts).

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 HIGH price.

HIGH Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
VARIATIONAL1.40 bps15.33% APY4.20 bps$0
BYBIT1.00 bps10.95% APY4.60 bps$144.24K
MEXC1.00 bps10.95% APY4.60 bps$111.36K
GATEIO1.00 bps10.95% APY1.70 bps$14.14K

Last updated 2026-07-16T16:36:16Z (UTC).

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