Hotstuff lists 27 perpetual markets with funding rate data. The current mean funding rate across Hotstuff perps is 36.73 bps (402.21% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Hotstuff funding rates

• SPACEX: 1000.00 bps (10950.00% APY)
• BNB: 6.64 bps (72.71% APY)
• XAG: 2.64 bps (28.91% APY)

Lowest Hotstuff funding rates

• EWY: -8.16 bps (-89.35% APY)
• ZEC: -7.20 bps (-78.84% APY)
• SP500: -5.20 bps (-56.94% APY)

Largest absolute Hotstuff funding rates

Markets with the most extreme Hotstuff funding (positive or negative): SPACEX (1000.00 bps), EWY (-8.16 bps), ZEC (-7.20 bps).

About Hotstuff funding rates

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

Last updated 2026-05-20 23:28:36 (UTC).