Reya lists 70 perpetual markets with funding rate data. The current mean funding rate across Reya perps is 1.03 bps (11.25% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Reya funding rates

• AI16Z: 22.30 bps (244.18% APY)
• LINEA: 8.53 bps (93.39% APY)
• OP: 5.50 bps (60.21% APY)

Lowest Reya funding rates

• YZY: -11.07 bps (-121.24% APY)
• JTO: -8.43 bps (-92.30% APY)
• ZRO: -4.47 bps (-48.91% APY)

Largest absolute Reya funding rates

Markets with the most extreme Reya funding (positive or negative): AI16Z (22.30 bps), YZY (-11.07 bps), LINEA (8.53 bps).

About Reya funding rates

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

Last updated 2026-05-19 18:29:23 (UTC).