What is the average funding rate on Polymarket?
The mean funding rate across 88 Polymarket perpetual markets is -15.55 bps, equivalent to -170.3% annualized after normalizing each market to an 8-hour basis.
Polymarket funding rate history
Polymarket lists 88 perpetual markets with funding rate data. The current mean funding rate across Polymarket perps is -15.55 bps (-170.31% APY) (8h-normalized so it can be compared across venues with different funding intervals).
Highest Polymarket funding rates
- AAPL: 5.18 bps (56.72% APY)
- MSFT: 2.35 bps (25.68% APY)
- BTC: 1.00 bps (10.95% APY)
Lowest Polymarket funding rates
- SOXL: -97.22 bps (-1064.60% APY)
- CXMT: -89.08 bps (-975.43% APY)
- SMSN: -82.85 bps (-907.19% APY)
Largest absolute Polymarket funding rates
Markets with the most extreme Polymarket funding (positive or negative): SOXL (-97.22 bps), CXMT (-89.08 bps), SMSN (-82.85 bps).
About Polymarket funding rates
Funding payments keep Polymarket perpetual contracts pinned to the underlying spot price. A positive Polymarket funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Polymarket funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Polymarket can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.
Last updated 2026-10-17T21:39:46Z (UTC).
Loading Polymarket funding rates...
FAQs
Polymarket funding rate questions
Polymarket currently reports funding for 88 perpetual futures markets with a mean 8-hour-normalized rate of -15.55 bps.
Which Polymarket perpetual has the highest funding rate?
AAPL has the highest current Polymarket funding rate at +5.18 bps, or +56.7% annualized.
Which Polymarket perpetual has the lowest funding rate?
SOXL has the lowest current Polymarket funding rate at -97.22 bps, or -1064.6% annualized.
Which Polymarket market has the most extreme funding?
SOXL has the largest absolute funding rate on Polymarket at -97.22 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.
What does a positive Polymarket funding rate mean?
A positive normalized rate means longs pay shorts on that Polymarket perpetual. A negative rate means shorts pay longs. The payment direction is market-specific and can differ across symbols on the same venue.
