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SOFTBANK Funding Rate History

SOFTBANK perpetual futures funding ranges from -29.30 bps on TRADEXYZ to -0.20 bps on OKX across 2 reporting venues, a spread of 29.10 bps. The most extreme rate (-320.83% APY annualized) is on TRADEXYZ. Currently all venues currently report negative funding (shorts paying longs).

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 SOFTBANK price.

SOFTBANK Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
TRADEXYZ-29.30 bps-320.83% APY-13.40 bps$101.57K
OKX-0.20 bps-2.19% APY-1.70 bps$40.18K

Last updated 2026-07-18T20:48:51Z (UTC).

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