Tokamak Network (TON) Funding Rate History
Tokamak Network (TON) perpetual futures funding ranges from -4.70 bps on NADO to 6.20 bps on REYA across 4 reporting venues, a spread of 10.90 bps. The most extreme rate (67.89% APY annualized) is on REYA. Currently funding signs are mixed: 2 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 TON price.
TON Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| REYA | 6.20 bps | 67.89% APY | 6.10 bps | $0 |
| NADO | -4.70 bps | -51.46% APY | 0.10 bps | $35.43K |
| ETHEREAL | 0.90 bps | 9.86% APY | 0.90 bps | $4.99K |
| GRVT | 0.00 bps | 0.00% APY | n/a | $88.03K |
Last updated 2026-07-16T07:43:43Z (UTC).
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Related: TON open interest, TON volume, TON perp market data.