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Decibel funding rate history

Decibel lists 67 perpetual markets with funding rate data. The current mean funding rate across Decibel perps is 2.14 bps (23.39% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Decibel funding rates

  • MSTR: 15.52 bps (169.94% APY)
  • MRNA: 12.24 bps (134.03% APY)
  • FARTCOIN: 11.20 bps (122.64% APY)

Lowest Decibel funding rates

  • TRX: 0.00 bps (0.00% APY)
  • AAPL: 0.00 bps (0.00% APY)
  • MRVL: 0.00 bps (0.00% APY)

Largest absolute Decibel funding rates

Markets with the most extreme Decibel funding (positive or negative): MSTR (15.52 bps), MRNA (12.24 bps), FARTCOIN (11.20 bps).

About Decibel funding rates

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

Last updated 2026-09-06T22:18:26Z (UTC).

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FAQs

Decibel funding rate questions

Decibel currently reports funding for 67 perpetual futures markets with a mean 8-hour-normalized rate of +2.14 bps.

  • What is the average funding rate on Decibel?

    The mean funding rate across 67 Decibel perpetual markets is +2.14 bps, equivalent to +23.4% annualized after normalizing each market to an 8-hour basis.

  • Which Decibel perpetual has the highest funding rate?

    MSTR has the highest current Decibel funding rate at +15.52 bps, or +169.9% annualized.

  • Which Decibel perpetual has the lowest funding rate?

    TRX has the lowest current Decibel funding rate at 0.00 bps, or 0.0% annualized.

  • Which Decibel market has the most extreme funding?

    MSTR has the largest absolute funding rate on Decibel at +15.52 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.

  • What does a positive Decibel funding rate mean?

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

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