Bluefin lists 8 perpetual markets with funding rate data. The current mean funding rate across Bluefin perps is -10.68 bps (-116.89% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Bluefin funding rates

• ETH: 7.82 bps (85.58% APY)
• HYPE: 1.00 bps (10.95% APY)
• SUI: 0.30 bps (3.33% APY)

Lowest Bluefin funding rates

• DEEP: -63.44 bps (-694.67% APY)
• XAU: -13.49 bps (-147.66% APY)
• BTC: -8.89 bps (-97.40% APY)

Largest absolute Bluefin funding rates

Markets with the most extreme Bluefin funding (positive or negative): DEEP (-63.44 bps), XAU (-13.49 bps), BTC (-8.89 bps).

About Bluefin funding rates

Funding payments keep Bluefin perpetual contracts pinned to the underlying spot price. A positive Bluefin funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Bluefin funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Bluefin can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.

Last updated 2026-08-12T22:40:18Z (UTC).