TRADEXYZ lists 108 perpetual markets with funding rate data. The current mean funding rate across TRADEXYZ perps is -0.17 bps (-1.87% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest TRADEXYZ funding rates

• SOFTBANK: 26.79 bps (293.34% APY)
• KIOXIA: 15.13 bps (165.65% APY)
• BOT: 12.90 bps (141.28% APY)

Lowest TRADEXYZ funding rates

• BIRD: -47.40 bps (-519.03% APY)
• CXMT: -37.40 bps (-409.55% APY)
• LYTE: -13.57 bps (-148.63% APY)

Largest absolute TRADEXYZ funding rates

Markets with the most extreme TRADEXYZ funding (positive or negative): BIRD (-47.40 bps), CXMT (-37.40 bps), SOFTBANK (26.79 bps).

About TRADEXYZ funding rates

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

Last updated 2026-08-12T23:06:15Z (UTC).