Bullet lists 10 perpetual markets with funding rate data. The current mean funding rate across Bullet perps is -0.19 bps (-2.12% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Bullet funding rates

• BTC: 8.00 bps (87.60% APY)
• ETH: 8.00 bps (87.60% APY)
• HYPE: 8.00 bps (87.60% APY)

Lowest Bullet funding rates

• TAO: -14.77 bps (-161.78% APY)
• ZEC: -7.41 bps (-81.13% APY)
• SOL: -3.67 bps (-40.24% APY)

Largest absolute Bullet funding rates

Markets with the most extreme Bullet funding (positive or negative): TAO (-14.77 bps), BTC (8.00 bps), ETH (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 2026-06-17 22:18:26 (UTC).