Same contract, different cost per venue
Funding is what holding a perpetual costs, paid between traders every interval. Shown annualised, per venue, sorted by the gap - because the gap is the part you can do something about. Both signs are common and both matter: negative funding pays a long to wait.
funding from our own market database, measured across 5 venues, updated .
Widest gap right now
479.3pp
TRX, cheapest on okx
Contracts tracked
119
Venues
5
Interval
8h
Annualised for comparison
Annualised funding
| Asset | binance | bybit | okx | pionex | whitebit | Gap | Cheapest |
|---|---|---|---|---|---|---|---|
| TRX | −74.8% | +65.1% | −414.2% | — | — | 479.3pp | okx |
| BLUR | −684.9% | −210.3% | −510.5% | — | — | 474.6pp | binance |
| SAND | −80.1% | −148.1% | −173.5% | — | — | 93.4pp | okx |
| NEAR | −0.1% | −89.9% | −27.9% | — | — | 89.8pp | bybit |
| PENDLE | +11.0% | −75.7% | −0.5% | — | — | 86.7pp | bybit |
| BNB | +0.0% | −76.1% | −34.8% | — | — | 76.1pp | bybit |
| FLOW | +11.0% | +11.0% | −58.1% | — | — | 69.1pp | okx |
| CELO | −50.0% | +11.0% | +8.1% | — | — | 60.9pp | binance |
| COMP | +6.9% | −47.4% | +11.0% | — | — | 58.3pp | bybit |
| SATS | +11.0% | +5.5% | −46.6% | — | — | 57.5pp | okx |
| SAFE | +11.0% | −43.4% | — | — | — | 54.3pp | bybit |
| POL | −37.7% | −9.7% | −62.9% | — | — | 53.2pp | okx |
| MORPHO | +11.0% | −40.8% | +11.0% | — | — | 51.8pp | bybit |
| MEME | +11.0% | −38.3% | +11.0% | — | — | 49.3pp | bybit |
| CHZ | −10.2% | −10.7% | −56.4% | — | — | 46.2pp | okx |
| AR | +11.0% | −33.7% | +1.0% | — | — | 44.6pp | bybit |
| WLD | +1.9% | −42.1% | −34.9% | — | — | 44.0pp | bybit |
| MANA | +11.0% | +11.0% | −33.0% | — | — | 44.0pp | okx |
| LDO | +10.5% | −4.4% | −30.7% | — | — | 41.2pp | okx |
| GRT | −36.3% | +4.3% | −21.7% | — | — | 40.5pp | binance |
| ICP | +11.0% | −2.0% | −28.7% | — | — | 39.7pp | okx |
| TIA | −7.2% | −4.7% | −41.3% | — | — | 36.6pp | okx |
| OP | −18.8% | +4.1% | −32.2% | — | — | 36.3pp | okx |
| EIGEN | −7.2% | −34.4% | −42.7% | — | — | 35.5pp | okx |
| YFI | +11.0% | −23.0% | +4.0% | — | — | 33.9pp | bybit |
| XLM | +10.5% | −23.0% | −0.2% | — | — | 33.5pp | bybit |
| ENS | −22.2% | +11.0% | +9.6% | — | — | 33.2pp | binance |
| PEPE | +7.8% | +11.0% | −21.4% | — | — | 32.4pp | okx |
| ZK | +11.0% | −21.1% | +11.0% | — | — | 32.1pp | bybit |
| IOTA | −20.1% | −18.6% | +11.0% | — | — | 31.1pp | binance |
| ATOM | −2.8% | −11.0% | −33.7% | — | — | 30.8pp | okx |
| FIL | +11.0% | −19.6% | −2.1% | — | — | 30.6pp | bybit |
| ALGO | −1.7% | +11.0% | −19.1% | — | — | 30.1pp | okx |
| XRP | +11.0% | −18.0% | −12.4% | — | — | 28.9pp | bybit |
| ORDI | +11.0% | −17.6% | +11.0% | — | — | 28.6pp | bybit |
| GALA | −16.6% | +11.0% | +10.1% | — | — | 27.6pp | binance |
| ETC | +11.0% | −2.1% | −16.0% | — | — | 26.9pp | okx |
| SEI | +8.2% | +11.0% | −15.8% | — | — | 26.7pp | okx |
| ENA | +11.0% | +1.2% | −15.2% | — | — | 26.2pp | okx |
| ETHFI | +11.0% | +5.5% | −14.9% | — | — | 25.8pp | okx |
| XMR | +38.6% | +13.4% | — | — | — | 25.2pp | bybit |
| HYPE | +11.0% | −13.4% | +11.0% | — | — | 24.4pp | bybit |
| EGLD | +11.0% | +11.0% | −12.5% | — | — | 23.4pp | okx |
| TRUMP | −25.0% | −4.0% | −26.2% | — | — | 22.2pp | okx |
| S | +11.0% | +5.5% | −11.0% | — | — | 22.0pp | okx |
| INJ | −2.6% | −24.0% | −14.4% | — | — | 21.4pp | bybit |
| PENGU | +10.9% | +5.5% | −10.3% | — | — | 21.2pp | okx |
| USDC | −9.8% | +11.0% | +0.0% | — | — | 20.8pp | binance |
| KAS | +11.0% | −9.7% | — | — | — | 20.6pp | bybit |
| JUP | +11.0% | −8.5% | +11.0% | — | — | 19.4pp | bybit |
| SOL | +11.0% | +3.0% | −8.4% | — | — | 19.4pp | okx |
| DOGE | +11.0% | −8.2% | +4.9% | — | — | 19.2pp | bybit |
| STRK | +11.0% | −7.9% | +11.0% | — | — | 18.9pp | bybit |
| DOT | +11.0% | +6.8% | −7.4% | — | — | 18.3pp | okx |
| ONDO | +11.0% | −4.2% | −6.6% | — | — | 17.6pp | okx |
| TAO | +11.0% | +5.5% | −6.6% | — | — | 17.5pp | okx |
| JTO | +11.0% | −6.5% | +11.0% | — | — | 17.5pp | bybit |
| ANKR | +3.7% | −13.7% | — | — | — | 17.5pp | bybit |
| AERO | −5.5% | +5.5% | +11.0% | — | — | 16.5pp | binance |
| RVN | +11.0% | +5.5% | −4.9% | — | — | 15.9pp | okx |
| SUSHI | +3.6% | −4.6% | +11.0% | — | — | 15.6pp | bybit |
| PYTH | −32.5% | −31.6% | −45.3% | — | — | 13.7pp | okx |
| BONK | −3.3% | −16.9% | −4.6% | — | — | 13.6pp | bybit |
| DYDX | +11.0% | +11.0% | −1.7% | — | — | 12.7pp | okx |
| W | −0.3% | +0.2% | −12.4% | — | — | 12.6pp | okx |
| IOTX | −32.1% | −44.6% | — | — | — | 12.4pp | bybit |
| MINA | +8.2% | −4.1% | +3.6% | — | — | 12.4pp | bybit |
| HBAR | +8.7% | +11.0% | −1.3% | — | — | 12.2pp | okx |
| ZIL | −0.4% | +11.0% | +11.0% | — | — | 11.3pp | binance |
| FET | +11.0% | — | +0.3% | — | — | 10.7pp | okx |
| WIF | +11.0% | +0.3% | +3.9% | — | — | 10.6pp | bybit |
| APT | +7.7% | +11.0% | +0.4% | — | — | 10.5pp | okx |
| ONT | +11.0% | +5.5% | +0.7% | — | — | 10.2pp | okx |
| NEO | +11.0% | +11.0% | +1.0% | — | — | 9.9pp | okx |
| QNT | −14.1% | −4.4% | — | — | — | 9.6pp | binance |
| VIRTUAL | +8.9% | +0.1% | −0.7% | — | — | 9.6pp | okx |
| VET | −4.6% | +5.0% | — | — | — | 9.6pp | binance |
| UNI | +11.0% | +2.2% | +11.0% | — | — | 8.8pp | bybit |
| DASH | +2.3% | +11.0% | +11.0% | — | — | 8.7pp | binance |
| LINK | +11.0% | +2.3% | +7.6% | — | — | 8.7pp | bybit |
| LTC | +11.0% | +3.3% | +2.6% | — | — | 8.4pp | okx |
| SUI | +11.0% | +2.8% | +5.1% | — | — | 8.2pp | bybit |
| RENDER | +11.0% | +5.5% | +11.0% | — | — | 5.5pp | bybit |
| CAKE | +11.0% | +5.5% | — | — | — | 5.5pp | bybit |
| IMX | +11.0% | +5.5% | +11.0% | — | — | 5.5pp | bybit |
| XTZ | +11.0% | +5.5% | +11.0% | — | — | 5.5pp | bybit |
| BERA | +11.0% | +5.5% | +11.0% | — | — | 5.5pp | bybit |
| MOVE | +11.0% | +5.5% | +11.0% | — | — | 5.5pp | bybit |
| FLOKI | +11.0% | +11.0% | +5.6% | — | — | 5.3pp | okx |
| BAT | +11.0% | +7.5% | +11.0% | — | — | 3.5pp | bybit |
| AVAX | +11.0% | +7.9% | +11.0% | — | — | 3.0pp | bybit |
| AAVE | +0.9% | +2.2% | −0.7% | — | — | 2.9pp | okx |
| BCH | +11.0% | +8.9% | +11.0% | — | — | 2.1pp | bybit |
| BTC | +9.0% | +11.0% | +9.9% | — | — | 2.0pp | binance |
| CRV | −23.2% | −24.5% | −25.1% | — | — | 1.8pp | okx |
| STX | +11.0% | +11.0% | +9.7% | — | — | 1.3pp | okx |
| ETH | +0.8% | +1.4% | +1.0% | — | — | 0.7pp | binance |
| CFX | +11.0% | +11.0% | +10.9% | — | — | 0.1pp | okx |
| ZEC | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| ADA | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| ARB | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| SHIB | +11.0% | — | +11.0% | — | — | 0.0pp | binance |
| RUNE | +11.0% | +11.0% | — | — | — | 0.0pp | binance |
| APE | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| RAY | — | — | +11.0% | — | — | 0.0pp | okx |
| JASMY | +11.0% | +11.0% | — | — | — | 0.0pp | binance |
| AXS | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| 1INCH | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| THETA | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| SNX | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| ONE | +11.0% | — | +11.0% | — | — | 0.0pp | binance |
| KAVA | +11.0% | +11.0% | — | — | — | 0.0pp | binance |
| GMX | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| ROSE | +11.0% | +11.0% | — | — | — | 0.0pp | binance |
| SKL | +11.0% | +11.0% | — | — | — | 0.0pp | binance |
| ZRX | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| KSM | +11.0% | +11.0% | +11.0% | — | — | 0.0pp | binance |
| WAVES | — | +11.0% | — | — | — | 0.0pp | bybit |
| STORJ | — | +11.0% | — | — | — | 0.0pp | bybit |
Positive funding means longs pay shorts. A gap of a few points annualised is a real cost on a held
position - work it out on your size, or read how perpetual funding works.