What is the average funding rate on Hibachi?
The mean funding rate across 15 Hibachi perpetual markets is +0.06 bps, equivalent to +0.6% annualized after normalizing each market to an 8-hour basis.
Hibachi lists 15 perpetual markets with funding rate data. The current mean funding rate across Hibachi perps is 0.06 bps (0.61% APY) (8h-normalized so it can be compared across venues with different funding intervals).
Markets with the most extreme Hibachi funding (positive or negative): PAXG (0.66 bps), EUR (-0.52 bps), AUD (0.24 bps).
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 2026-10-06T09:08:02Z (UTC).
FAQs
Hibachi currently reports funding for 15 perpetual futures markets with a mean 8-hour-normalized rate of +0.06 bps.
The mean funding rate across 15 Hibachi perpetual markets is +0.06 bps, equivalent to +0.6% annualized after normalizing each market to an 8-hour basis.
PAXG has the highest current Hibachi funding rate at +0.66 bps, or +7.2% annualized.
EUR has the lowest current Hibachi funding rate at -0.52 bps, or -5.7% annualized.
PAXG has the largest absolute funding rate on Hibachi at +0.66 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.
A positive normalized rate means longs pay shorts on that Hibachi perpetual. A negative rate means shorts pay longs. The payment direction is market-specific and can differ across symbols on the same venue.
Related: Hibachi open interest, Hibachi volume, Hibachi market data.
Top movers
Top 12 symbols by absolute 8h-normalized rate
Rate distribution
Symbol counts across funding rate buckets (8h bps)
Symbol ↑ | Name | Rate | Links |
|---|
| Australian Dollar | 0.2 | ||
| BNB | 0.0 | ||
| Bitcoin | 0.1 | ||
| Canadian Dollar | 0.1 | ||
| Ethereum | 0.1 | ||
| Euro | -0.5 | ||
| British Pound | -0.1 | ||
| Hyperliquid | 0.1 | ||
| Japanese Yen | 0.0 | ||
NZD | NZD | 0.0 | |
| PAX Gold | 0.7 | ||
| Solana | 0.1 | ||
| Sui | 0.1 | ||
| Silver | 0.2 | ||
| XRP | -0.2 |