Walrus (WAL) Funding Rate History
Walrus (WAL) perpetual futures funding ranges from -27.20 bps on BLUEFIN to 10.10 bps on CRYPTOCOM across 12 reporting venues, a spread of 37.30 bps. The most extreme rate (-297.84% APY annualized) is on BLUEFIN. Currently funding signs are mixed: 2 positive, 10 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 WAL price.
WAL Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| BLUEFIN | -27.20 bps | -297.84% APY | -10.30 bps | $335.98K |
| KUCOIN | -27.10 bps | -296.75% APY | 0.60 bps | $297.15K |
| VARIATIONAL | -19.40 bps | -212.43% APY | -0.40 bps | $31.82K |
| MEXC | -11.40 bps | -124.83% APY | 0.60 bps | $250.11K |
| BINANCE | -11.10 bps | -121.54% APY | 0.60 bps | $12.05M |
| CRYPTOCOM | 10.10 bps | 110.59% APY | 6.50 bps | $2.91K |
| BYBIT | -9.40 bps | -102.93% APY | -0.90 bps | $3.68M |
| OKX | -8.50 bps | -93.07% APY | 0.90 bps | $523.28K |
| PHEMEX | -5.00 bps | -54.75% APY | 0.90 bps | $658.49K |
| BINGX | -4.30 bps | -47.08% APY | 0.90 bps | $6.60M |
| BITGET | -2.80 bps | -30.66% APY | 0.50 bps | $926.75K |
| GATEIO | 1.00 bps | 10.95% APY | 1.00 bps | $232.52K |
Last updated 2026-06-01T08:35:01.906973Z (UTC).
Loading WAL funding history...
Related: WAL open interest, WAL volume, WAL perp market data.