Usual (USUAL) Funding Rate History
Usual (USUAL) perpetual futures funding ranges from -4.60 bps on HYPERLIQUID to 1.00 bps on BINANCE across 10 reporting venues, a spread of 5.60 bps. The most extreme rate (-50.37% APY annualized) is on HYPERLIQUID. Currently funding signs are mixed: 8 positive, 2 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 USUAL price.
USUAL Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| HYPERLIQUID | -4.60 bps | -50.37% APY | 0.80 bps | $79.36K |
| KUCOIN | -4.50 bps | -49.27% APY | 4.80 bps | $1.50M |
| BINANCE | 1.00 bps | 10.95% APY | 1.00 bps | $2.04M |
| BITGET | 1.00 bps | 10.95% APY | 1.00 bps | $309.37K |
| BINGX | 1.00 bps | 10.95% APY | 1.90 bps | $283.06K |
| BYBIT | 1.00 bps | 10.95% APY | 2.00 bps | $245.13K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $166.16K |
| MEXC | 1.00 bps | 10.95% APY | 1.00 bps | $148.22K |
| GATEIO | 1.00 bps | 10.95% APY | 1.10 bps | $36.25K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 1.60 bps | $21.72K |
Last updated 2026-05-16T00:03:28.261044Z (UTC).
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Related: USUAL open interest, USUAL volume, USUAL perp market data.