Sonic (S) Funding Rate History
Sonic (S) perpetual futures funding ranges from -4.70 bps on HYPERLIQUID to 5.80 bps on CRYPTOCOM across 18 reporting venues, a spread of 10.50 bps. The most extreme rate (63.51% APY annualized) is on CRYPTOCOM. Currently funding signs are mixed: 12 positive, 6 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 S price.
S Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| CRYPTOCOM | 5.80 bps | 63.51% APY | 1.30 bps | $12.81 |
| HYPERLIQUID | -4.70 bps | -51.46% APY | -0.70 bps | $81.45K |
| OKX | -4.50 bps | -49.27% APY | 0.40 bps | $358.03K |
| ZO | 4.50 bps | 49.27% APY | 3.90 bps | $22.87K |
| KUCOIN | 1.80 bps | 19.71% APY | -2.20 bps | $1.25M |
| WOOFIPRO | -1.20 bps | -13.14% APY | -0.50 bps | $0 |
| BINGX | 1.00 bps | 10.95% APY | 1.00 bps | $6.60M |
| BYBIT | 1.00 bps | 10.95% APY | 0.40 bps | $655.43K |
| BITGET | 1.00 bps | 10.95% APY | 0.30 bps | $307.89K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $212.78K |
| GATEIO | 1.00 bps | 10.95% APY | 1.00 bps | $41.09K |
| EXTENDED | 1.00 bps | 10.95% APY | 0.40 bps | $36.32K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 0.50 bps | $5.73K |
| LIGHTER | 1.00 bps | 10.95% APY | 1.00 bps | $2.74K |
| ASTER | 1.00 bps | 10.95% APY | 1.00 bps | $56.29 |
| BINANCE | -0.60 bps | -6.57% APY | 0.60 bps | $2.70M |
| MEXC | -0.60 bps | -6.57% APY | 0.60 bps | $495.29K |
| REYA | -0.20 bps | -2.19% APY | -0.20 bps | $1.21K |
Last updated 2026-05-31T19:48:22.889609Z (UTC).
Loading S funding history...
Related: S open interest, S volume, S perp market data.