Hibachi lists 7 perpetual markets with funding rate data. The current mean funding rate across Hibachi perps is 0.21 bps (2.27% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Hibachi funding rates

• XRP: 0.58 bps (6.35% APY)
• SUI: 0.46 bps (5.04% APY)
• BNB: 0.39 bps (4.27% APY)

Lowest Hibachi funding rates

• SOL: -0.37 bps (-4.05% APY)
• BTC: 0.02 bps (0.22% APY)
• ETH: 0.03 bps (0.33% APY)

Largest absolute Hibachi funding rates

Markets with the most extreme Hibachi funding (positive or negative): XRP (0.58 bps), SUI (0.46 bps), BNB (0.39 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 2026-05-23 13:43:59 (UTC).