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US100 Funding Rate History

US100 perpetual futures funding ranges from 0.30 bps on LIGHTER to 6.70 bps on ONDO across 4 reporting venues, a spread of 6.40 bps. The most extreme rate (73.36% APY annualized) is on ONDO. Currently all venues currently report positive funding (longs paying shorts).

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 US100 price.

US100 Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
ONDO6.70 bps73.36% APY1.80 bps$5.54M
QFEX0.80 bps8.76% APY0.50 bps$46.57K
PARADEX0.50 bps5.47% APY0.40 bps$0
LIGHTER0.30 bps3.28% APY0.30 bps$613.35K

Last updated 2026-07-27T15:18:54Z (UTC).

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