COINBASE INTL lists 151 perpetual markets with funding rate data. The current mean funding rate across COINBASE INTL perps is 0.13 bps (1.46% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest COINBASE INTL funding rates

• POPCAT: 10.24 bps (112.13% APY)
• OPG: 8.88 bps (97.24% APY)
• KAT: 8.88 bps (97.24% APY)

Lowest COINBASE INTL funding rates

• OPENAI: -19.36 bps (-211.99% APY)
• PRL: -13.04 bps (-142.79% APY)
• ANTHROPIC: -11.20 bps (-122.64% APY)

Largest absolute COINBASE INTL funding rates

Markets with the most extreme COINBASE INTL funding (positive or negative): OPENAI (-19.36 bps), PRL (-13.04 bps), ANTHROPIC (-11.20 bps).

About COINBASE INTL funding rates

Funding payments keep COINBASE INTL perpetual contracts pinned to the underlying spot price. A positive COINBASE INTL funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative COINBASE INTL funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so COINBASE INTL can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.

Last updated 2026-08-16T12:55:02Z (UTC).