COINBASE INTL lists 146 perpetual markets with funding rate data. The current mean funding rate across COINBASE INTL perps is 1.93 bps (21.10% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest COINBASE INTL funding rates

• KAIO: 233.20 bps (2553.54% APY)
• BILL: 12.64 bps (138.41% APY)
• SNDK: 10.96 bps (120.01% APY)

Lowest COINBASE INTL funding rates

• BASED1: -18.48 bps (-202.36% APY)
• KAT: -17.04 bps (-186.59% APY)
• SAND: -10.80 bps (-118.26% APY)

Largest absolute COINBASE INTL funding rates

Markets with the most extreme COINBASE INTL funding (positive or negative): KAIO (233.20 bps), BASED1 (-18.48 bps), KAT (-17.04 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 2026-07-11T11:07:41Z (UTC).