What is the average funding rate on Deribit?
The mean funding rate across 134 Deribit perpetual markets is -0.50 bps, equivalent to -5.4% annualized after normalizing each market to an 8-hour basis.
Deribit funding rate history
Deribit lists 134 perpetual markets with funding rate data. The current mean funding rate across Deribit perps is -0.50 bps (-5.42% APY) (8h-normalized so it can be compared across venues with different funding intervals).
Highest Deribit funding rates
- ARM: 5.10 bps (55.84% APY)
- HBAR: 4.66 bps (51.03% APY)
- CBRS: 4.41 bps (48.34% APY)
Lowest Deribit funding rates
- MOG: -39.25 bps (-429.81% APY)
- BRENT: -21.38 bps (-234.13% APY)
- BE: -10.96 bps (-120.01% APY)
Largest absolute Deribit funding rates
Markets with the most extreme Deribit funding (positive or negative): MOG (-39.25 bps), BRENT (-21.38 bps), BE (-10.96 bps).
About Deribit funding rates
Funding payments keep Deribit perpetual contracts pinned to the underlying spot price. A positive Deribit funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Deribit funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Deribit can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.
Last updated 2026-10-07T16:10:57Z (UTC).
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FAQs
Deribit funding rate questions
Deribit currently reports funding for 134 perpetual futures markets with a mean 8-hour-normalized rate of -0.50 bps.
Which Deribit perpetual has the highest funding rate?
ARM has the highest current Deribit funding rate at +5.10 bps, or +55.8% annualized.
Which Deribit perpetual has the lowest funding rate?
MOG has the lowest current Deribit funding rate at -39.25 bps, or -429.8% annualized.
Which Deribit market has the most extreme funding?
MOG has the largest absolute funding rate on Deribit at -39.25 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.
What does a positive Deribit funding rate mean?
A positive normalized rate means longs pay shorts on that Deribit perpetual. A negative rate means shorts pay longs. The payment direction is market-specific and can differ across symbols on the same venue.
Related: Deribit open interest, Deribit volume, Deribit market data.
