Bluefin lists 8 perpetual markets with funding rate data. The current mean funding rate across Bluefin perps is -9.36 bps (-102.52% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Bluefin funding rates

• SOL: 1.00 bps (10.95% APY)
• SUI: 1.00 bps (10.95% APY)
• ETH: 1.00 bps (10.95% APY)

Lowest Bluefin funding rates

• XAU: -80.00 bps (-876.00% APY)
• DEEP: -0.35 bps (-3.82% APY)
• HYPE: 0.45 bps (4.94% APY)

Largest absolute Bluefin funding rates

Markets with the most extreme Bluefin funding (positive or negative): XAU (-80.00 bps), SOL (1.00 bps), SUI (1.00 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 2026-05-23 18:01:31 (UTC).