PHAROS Funding Rate History
PHAROS perpetual futures funding ranges from -18.60 bps on BYBIT to 1.00 bps on BINGX across 4 reporting venues, a spread of 19.60 bps. The most extreme rate (-203.67% APY annualized) is on BYBIT. Currently funding signs are mixed: 1 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 PHAROS price.
PHAROS Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| BYBIT | -18.60 bps | -203.67% APY | -5.50 bps | $261.94K |
| BINANCE | -7.50 bps | -82.13% APY | -11.60 bps | $1.54M |
| MEXC | -7.50 bps | -82.13% APY | -11.70 bps | $140.54K |
| BINGX | 1.00 bps | 10.95% APY | -7.90 bps | $1.10M |
Last updated 2026-06-14T20:29:43.229764Z (UTC).
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Related: PHAROS open interest, PHAROS volume, PHAROS perp market data.