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TER Funding Rate History

TER perpetual futures funding ranges from -1.00 bps on BINGX to 14.80 bps on PARAGON across 9 reporting venues, a spread of 15.80 bps. The most extreme rate (162.06% APY annualized) is on PARAGON. Currently funding signs are mixed: 5 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 TER price.

TER Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
PARAGON14.80 bps162.06% APY1.20 bps$476.49
BINGX-1.00 bps-10.95% APY-0.90 bps$1.23M
KUCOIN1.00 bps10.95% APY0.70 bps$380.13K
GATEIO1.00 bps10.95% APY1.00 bps$273.10K
HUOBI1.00 bps10.95% APY1.00 bps$39.53K
CRYPTOCOM0.50 bps5.47% APY10.00 bps$0
BINANCE0.00 bps0.00% APY0.00 bps$458.71K
PHEMEX0.00 bps0.00% APYn/a$36.34K
OKX0.00 bps0.00% APYn/a$31.47K

Last updated 2026-08-17T01:52:41Z (UTC).

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