What is the average funding rate on Kalshi?
The mean funding rate across 23 Kalshi perpetual markets is +0.73 bps, equivalent to +8.0% annualized after normalizing each market to an 8-hour basis.
Kalshi lists 23 perpetual markets with funding rate data. The current mean funding rate across Kalshi perps is 0.73 bps (8.02% APY) (8h-normalized so it can be compared across venues with different funding intervals).
Markets with the most extreme Kalshi funding (positive or negative): PLATINUM (6.90 bps), ZEC (6.47 bps), XAU (3.85 bps).
Funding payments keep Kalshi perpetual contracts pinned to the underlying spot price. A positive Kalshi funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Kalshi funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Kalshi can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.
Last updated 2026-10-02T21:57:26Z (UTC).
FAQs
Kalshi currently reports funding for 23 perpetual futures markets with a mean 8-hour-normalized rate of +0.73 bps.
The mean funding rate across 23 Kalshi perpetual markets is +0.73 bps, equivalent to +8.0% annualized after normalizing each market to an 8-hour basis.
PLATINUM has the highest current Kalshi funding rate at +6.90 bps, or +75.5% annualized.
ADA has the lowest current Kalshi funding rate at -3.26 bps, or -35.7% annualized.
PLATINUM has the largest absolute funding rate on Kalshi at +6.90 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.
A positive normalized rate means longs pay shorts on that Kalshi perpetual. A negative rate means shorts pay longs. The payment direction is market-specific and can differ across symbols on the same venue.
Related: Kalshi open interest, Kalshi volume, Kalshi 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 |
|---|
| Aave | 0.0 | ||
| Cardano | -3.2 | ||
| Bitcoin Cash | 0.0 | ||
| BNB | 0.0 | ||
| Bitcoin | 0.0 | ||
| Dogecoin | 0.0 | ||
| Ethereum | -3.1 | ||
| Hyperliquid | 1.5 | ||
| Chainlink | 0.0 | ||
| Litecoin | 0.0 | ||
| NEAR Protocol | 0.0 | ||
PLATINUM | PLATINUM | 6.9 | |
| Shiba Inu | 0.0 | ||
| Solana | 0.0 | ||
| Sui | 0.0 | ||
| Uniswap | 0.0 | ||
| Venice Token | 1.8 | ||
| Worldcoin | 0.0 | ||
| Silver | 0.0 | ||
| Gold | 3.8 | ||
| Palladium | 2.7 | ||
| XRP | 0.0 | ||
| Zcash | 6.4 |