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Usual (USUAL) Funding Rate History

Usual (USUAL) perpetual futures funding ranges from 1.00 bps on BINANCE to 1.00 bps on BINANCE across 10 reporting venues, a spread of 0.00 bps. The most extreme rate (10.95% APY annualized) is on BINANCE. 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 USUAL price.

USUAL Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
BINANCE1.00 bps10.95% APY0.70 bps$3.02M
BINGX1.00 bps10.95% APY0.90 bps$1.27M
BYBIT1.00 bps10.95% APY0.40 bps$328.33K
BITGET1.00 bps10.95% APY0.40 bps$256.80K
HYPERLIQUID1.00 bps10.95% APY0.70 bps$243.91K
MEXC1.00 bps10.95% APY0.70 bps$215.23K
PHEMEX1.00 bps10.95% APY1.00 bps$206.71K
KUCOIN1.00 bps10.95% APY0.70 bps$105.25K
GATEIO1.00 bps10.95% APY0.80 bps$72.30K
VARIATIONAL1.00 bps10.95% APY0.80 bps$1.85K

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

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