ALCH funding rates

ALCH perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 03:56 UTC · refreshed every 5 min

Best pair · 7d: 6.9%long Bybit, short MEXC · net 3.0%
Highest funding now: 10.9%Aster
Lowest funding now: 10.9%Aster
Listed on: 7 venues

Funding by venue

													Open
Aster	ALCHUSDT	10.9%	15.1%	14.1%	22.1%	13.9%	100%	4h	04:00	0.04299	$696	$30	AsAster
BinanceCEX	ALCHUSDT	10.9%	17.5%	16.4%	21.5%	16.2%	100%	4h	04:00	0.04298	$4.4M	$481k	BnBinance
BybitCEX	ALCHUSDT	10.9%	10.9%	10.9%	10.9%	10.9%	100%	4h	04:00	0.04296	$2.1M	$84k	ByBybit
BitgetCEX	ALCHUSDT	10.9%	10.9%	10.9%	12.9%	10.9%	100%	4h	04:00	0.04294	$648k	$30k	BgBitget
GateCEX	ALCH_USDT	10.9%	10.9%	10.9%	10.9%	10.9%	100%	4h	04:00	0.04295	$297k	$8k	GtGate
MEXCCEX	ALCH_USDT	10.9%	26.8%	17.9%	28.6%	16.4%	100%	4h	04:00	0.04297	$4.2M	$111k	MxMEXC
Variational	ALCH	10.9%	10.9%	11.4%	11.1%	11.5%	100%	4h	—	0.04299	$3k	$4k	VaVariational

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
BybitCEX	MEXCCEX	0.0%	15.9%	6.9%	17.7%	3.0%	4.5%	7.9d	cooling	$2.1M		By Mx	calc
BitgetCEX	MEXCCEX	0.0%	15.9%	6.9%	15.7%	2.7%	4.1%	8.4d	cooling	$648k		Bg Mx	calc
GateCEX	MEXCCEX	0.0%	15.9%	6.9%	17.7%	2.0%	2.9%	10d	cooling	$297k		Gt Mx	calc
Variational	MEXCCEX	0.0%	15.9%	6.4%	17.6%	5.4%	8.1%	2.3d	spike ×3.3	$3k	low OIspread not incl.	Va Mx	calc
Variational	BinanceCEX	0.0%	6.5%	5.0%	10.4%	2.4%	3.6%	7.3d	weak	$3k	low OIspread not incl.	Va Bn	calc
Aster	MEXCCEX	0.0%	11.7%	3.8%	6.5%	0.6%	0.9%	12d	weak	$696	low OI	As Mx	calc
Variational	Aster	0.0%	4.2%	2.7%	11.0%	0.6%	0.9%	11d	weak	$696	low OIspread not incl.	Va As	calc
BybitCEX	BinanceCEX	0.0%	6.5%	5.5%	10.6%	0.0%	0.0%	14d	cooling	$2.1M		By Bn	calc
BitgetCEX	BinanceCEX	0.0%	6.5%	5.5%	7.9%	−0.3%	−0.4%	15d	cooling	$648k		Bg Bn	calc
GateCEX	BinanceCEX	0.0%	6.5%	5.5%	10.6%	−1.0%	−1.6%	17d	cooling	$297k		Gt Bn	calc
BinanceCEX	MEXCCEX	0.0%	9.4%	1.4%	0.4%	−2.2%	−3.3%	35d	weak	$4.2M		Bn Mx	calc
BybitCEX	Aster	0.0%	4.2%	3.2%	11.1%	−1.8%	−2.7%	22d	weak	$696	low OI	By As	calc
BitgetCEX	Aster	0.0%	4.2%	3.2%	9.2%	−2.1%	−3.1%	23d	weak	$696	low OI	Bg As	calc
Aster	BinanceCEX	0.0%	2.4%	2.3%	4.4%	−2.4%	−3.6%	28d	weak	$696	low OI	As Bn	calc
BybitCEX	Variational	0.0%	0.0%	0.5%	0.1%	−2.4%	−3.6%	84d	weak	$3k	low OIspread not incl.	By Va	calc
BitgetCEX	Variational	0.0%	0.0%	0.5%	−1.9%	−2.6%	−4.0%	91d	weak	$3k	low OIspread not incl.	Bg Va	calc
GateCEX	Aster	0.0%	4.2%	3.2%	11.1%	−2.8%	−4.3%	27d	weak	$696	low OI	Gt As	calc
GateCEX	Variational	0.0%	0.0%	0.5%	0.1%	−3.4%	−5.1%	114d	weak	$3k	low OIspread not incl.	Gt Va	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:56 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Bitget at 0.04294, sell on Variational at 0.0429925: 0.122% before fees, 0.002% after taker fees.

ALCH: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Variational0.0429925	Aster0.0429896	Binance0.0429812	MEXC0.04297	Bybit0.04296	Gate0.04295	Bitget0.04294
Bitget0.04294	0.122%	0.116%	0.096%	0.070%	0.047%	0.023%	—
Gate0.04295	0.099%	0.092%	0.073%	0.047%	0.023%	—	−0.023%
Bybit0.04296	0.076%	0.069%	0.049%	0.023%	—	−0.023%	−0.047%
MEXC0.04297	0.052%	0.046%	0.026%	—	−0.023%	−0.047%	−0.070%
Binance0.0429812	0.026%	0.020%	—	−0.026%	−0.049%	−0.073%	−0.096%
Aster0.0429896	0.007%	—	−0.020%	−0.046%	−0.069%	−0.092%	−0.116%
Variational0.0429925	—	−0.007%	−0.026%	−0.052%	−0.076%	−0.099%	−0.122%

All quotes (7)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.0429896	0.0429896	mark	6m	$30	no FX
BinanceCEX	0.0429812	0.0429812	mark	5m	$481k	no FX
BitgetCEX	0.04294	0.04294	mark	5m	$30k	no FX
BybitCEX	0.04296	0.04296	mark	5m	$84k	no FX
GateCEX	0.04295	0.04295	mark	5m	$8k	no FX
MEXCCEX	0.04297	0.04297	mark	6m	$111k	no FX
Variational	0.0429925	0.0429925	mark	6m	$4k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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