Bullet lists 16 perpetual markets with funding rate data. The current mean funding rate across Bullet perps is 1.10 bps (12.08% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Bullet funding rates

• SNDK: 13.62 bps (149.13% APY)
• SKHX: 11.01 bps (120.55% APY)
• MU: 8.85 bps (96.94% APY)

Lowest Bullet funding rates

• CL: -13.67 bps (-149.64% APY)
• LIT: -7.40 bps (-80.99% APY)
• ETH: -0.11 bps (-1.18% APY)

Largest absolute Bullet funding rates

Markets with the most extreme Bullet funding (positive or negative): CL (-13.67 bps), SNDK (13.62 bps), SKHX (11.01 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 2026-08-02T00:07:32Z (UTC).