Hibachi lists 12 perpetual markets with funding rate data. The current mean funding rate across Hibachi perps is 0.21 bps (2.33% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Hibachi funding rates

• NZD: 1.23 bps (13.47% APY)
• BNB: 0.70 bps (7.66% APY)
• PAXG: 0.59 bps (6.46% APY)

Lowest Hibachi funding rates

• SOL: -0.23 bps (-2.52% APY)
• BTC: -0.19 bps (-2.08% APY)
• EUR: -0.19 bps (-2.08% APY)

Largest absolute Hibachi funding rates

Markets with the most extreme Hibachi funding (positive or negative): NZD (1.23 bps), BNB (0.70 bps), PAXG (0.59 bps).

About Hibachi funding rates

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

Last updated 2026-07-07T14:12:28Z (UTC).