Bullet lists 14 perpetual markets with funding rate data. The current mean funding rate across Bullet perps is 1.05 bps (11.53% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Bullet funding rates

• ZEC: 8.00 bps (87.60% APY)
• HYPE: 8.00 bps (87.60% APY)
• XRP: 7.98 bps (87.38% APY)

Lowest Bullet funding rates

• TAO: -11.78 bps (-128.99% APY)
• LIT: -9.81 bps (-107.41% APY)
• BTC: -1.06 bps (-11.64% APY)

Largest absolute Bullet funding rates

Markets with the most extreme Bullet funding (positive or negative): TAO (-11.78 bps), LIT (-9.81 bps), ZEC (8.00 bps).

About Bullet funding rates

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

Last updated 2026-07-11T11:07:41Z (UTC).