What is the average funding rate on Bullet?
The mean funding rate across 21 Bullet perpetual markets is +0.85 bps, equivalent to +9.3% annualized after normalizing each market to an 8-hour basis.
Bullet lists 21 perpetual markets with funding rate data. The current mean funding rate across Bullet perps is 0.85 bps (9.28% APY) (8h-normalized so it can be compared across venues with different funding intervals).
Markets with the most extreme Bullet funding (positive or negative): UNITREE (-11.13 bps), SKHX (7.41 bps), MU (4.96 bps).
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 2026-09-16T03:40:34Z (UTC).
FAQs
Bullet currently reports funding for 21 perpetual futures markets with a mean 8-hour-normalized rate of +0.85 bps.
The mean funding rate across 21 Bullet perpetual markets is +0.85 bps, equivalent to +9.3% annualized after normalizing each market to an 8-hour basis.
SKHX has the highest current Bullet funding rate at +7.41 bps, or +81.2% annualized.
UNITREE has the lowest current Bullet funding rate at -11.13 bps, or -121.9% annualized.
UNITREE has the largest absolute funding rate on Bullet at -11.13 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.
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.
Top movers
Top 12 symbols by absolute 8h-normalized rate
Rate distribution
Symbol counts across funding rate buckets (8h bps)
Symbol ↑ | Name | Rate | Links |
|---|
| Bifrost | 0.0 | ||
| Bitcoin | 0.9 | ||
| Crude Oil | 0.0 | ||
| Ethereum | -0.4 | ||
| Hyperliquid | 1.0 | ||
| Lighter | -1.9 | ||
| Micron | 5.0 | ||
NASDAQ100 | Nasdaq-100 Index | 0.0 | |
| Raydium | 1.0 | ||
| SK Hynix | 7.6 | ||
| Sandisk | 3.4 | ||
| Solana | -1.4 | ||
| S&P 500 Index | 0.0 | ||
| SpaceX | 3.5 | ||
| Bittensor | -1.3 | ||
| Tesla | 3.7 | ||
UNITREE | UNITREE | -11.0 | |
| Silver | 3.9 | ||
| Gold | 2.5 | ||
| XRP | 1.0 | ||
| Zcash | 1.0 |