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Bullet funding rate history

Bullet lists 30 perpetual markets with funding rate data. The current mean funding rate across Bullet perps is 8.72 bps (95.46% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Bullet funding rates

  • MU: 89.10 bps (975.61% APY)
  • SPCX: 80.44 bps (880.82% APY)
  • SKHX: 67.85 bps (742.99% APY)

Lowest Bullet funding rates

  • TIA: -108.04 bps (-1183.06% APY)
  • ENA: -37.71 bps (-412.89% APY)
  • RAY: -25.34 bps (-277.49% APY)

Largest absolute Bullet funding rates

Markets with the most extreme Bullet funding (positive or negative): TIA (-108.04 bps), MU (89.10 bps), SPCX (80.44 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 2026-10-31T06:03:42Z (UTC).

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FAQs

Bullet funding rate questions

Bullet currently reports funding for 30 perpetual futures markets with a mean 8-hour-normalized rate of +8.72 bps.

  • What is the average funding rate on Bullet?

    The mean funding rate across 30 Bullet perpetual markets is +8.72 bps, equivalent to +95.5% annualized after normalizing each market to an 8-hour basis.

  • Which Bullet perpetual has the highest funding rate?

    MU has the highest current Bullet funding rate at +89.10 bps, or +975.6% annualized.

  • Which Bullet perpetual has the lowest funding rate?

    TIA has the lowest current Bullet funding rate at -108.04 bps, or -1183.1% annualized.

  • Which Bullet market has the most extreme funding?

    TIA has the largest absolute funding rate on Bullet at -108.04 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.

  • What does a positive Bullet funding rate mean?

    A positive normalized rate means longs pay shorts on that Bullet perpetual. A negative rate means shorts pay longs. The payment direction is market-specific and can differ across symbols on the same venue.

Related: Bullet open interest, Bullet volume, Bullet market data.