Bullet lists 16 perpetual markets with funding rate data. The current mean funding rate across Bullet perps is 0.53 bps (5.82% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Bullet funding rates

• SNDK: 6.51 bps (71.30% APY)
• SKHX: 4.21 bps (46.09% APY)
• CL: 2.52 bps (27.60% APY)

Lowest Bullet funding rates

• LIT: -8.22 bps (-90.06% APY)
• TAO: -1.33 bps (-14.57% APY)
• TSLA: 0.00 bps (0.00% APY)

Largest absolute Bullet funding rates

Markets with the most extreme Bullet funding (positive or negative): LIT (-8.22 bps), SNDK (6.51 bps), SKHX (4.21 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 2026-08-01T23:51:17Z (UTC).