ALGO funding rates

ALGO perpetual funding across 9 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
13.0%long Binance, short Hyperliquid · net 8.1%
Highest funding now
46.5%Hyperliquid
Lowest funding now
10.9%Aster
Listed on
9 venues

Funding by venue

7d chartFlagsOpen
HyperliquidALGO46.5%22.3%12.6%10.7%10.9%100%1h—0.1273$9.3M$6.1MHyHyperliquid
ExtendedALGO-USD11.4%9.1%2.4%6.5%1.3%68%1h04:000.127$103k$297kExExtended
AsterALGOUSDT10.9%10.9%10.9%10.5%10.9%100%8h08:000.1272$53k$87kAsAster
BinanceCEXALGOUSDT10.9%9.0%0.7%5.7%—60%8h08:000.1273$13.8M$35.4MBnBinance
BybitCEXALGOUSDT10.9%10.1%4.2%6.4%3.2%71%8h08:000.1272$10.9M$12.5MByBybit
BitgetCEXALGOUSDT10.9%10.9%10.9%10.8%10.9%100%8h08:000.1273$6.8M$5.1MBgBitget
GateCEXALGO_USDT10.9%4.0%2.7%6.1%2.5%68%8h08:000.1273$1.0M$898kGtGate
MEXCCEXALGO_USDT10.9%10.2%2.8%6.8%1.5%71%8h08:000.127$15.8M$4.1MMxMEXC
VariationalALGO10.9%10.9%5.5%5.8%4.6%75%8h—0.1271$286k$612kVaVariational

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.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
BinanceCEXHyperliquid35.6%13.3%13.0%4.8%8.1%12.1%5.3dnew$9.3M8h/1hBnHycalc
ExtendedHyperliquid35.1%13.2%10.1%4.2%6.5%9.7%5.0dsteady$103kExHycalc
MEXCCEXHyperliquid35.6%12.1%9.8%3.9%6.4%9.6%4.8dsteady$9.3M8h/1hMxHycalc
BinanceCEXAster0.0%2.0%10.3%4.6%5.6%8.4%6.4dnew$53kBnAscalc
ExtendedAster−0.4%1.8%8.5%4.0%5.1%7.7%5.6dcooling$53k1h/8hExAscalc
MEXCCEXAster0.0%0.8%8.2%3.7%5.1%7.6%5.3dcooling$53kMxAscalc
VariationalHyperliquid35.6%11.4%7.1%5.0%4.7%7.1%4.7dsteady$286k8h/1hspread not incl.VaHycalc
BinanceCEXBitgetCEX0.0%2.0%10.2%5.0%4.5%6.7%7.8dnew$6.8MBnBgcalc
ExtendedBitgetCEX−0.4%1.8%8.5%4.3%4.0%6.1%7.3dcooling$103k1h/8hExBgcalc
MEXCCEXBitgetCEX0.0%0.8%8.2%4.0%4.0%6.0%7.2dcooling$6.8MMxBgcalc
GateCEXHyperliquid35.6%18.3%9.8%4.7%3.6%5.4%8.9dsteady$1.0M8h/1hGtHycalc
VariationalAster0.0%0.0%5.4%4.8%3.4%5.0%5.4dcooling$53kspread not incl.VaAscalc
BybitCEXHyperliquid35.6%12.2%8.4%4.3%3.2%4.8%8.7dsteady$9.3M8h/1hByHycalc
BinanceCEXVariational0.0%2.0%4.9%−1.2%2.3%3.4%7.4dnew$286kspread not incl.BnVacalc
VariationalBitgetCEX0.0%0.0%5.4%5.1%2.3%3.4%8.1dcooling$286kspread not incl.VaBgcalc
GateCEXAster0.0%7.0%8.2%4.5%2.2%3.3%10dcooling$53kGtAscalc
BybitCEXAster0.0%0.8%6.8%4.1%1.8%2.7%10dcooling$53kByAscalc
ExtendedVariational−0.4%1.8%3.1%−0.8%1.8%2.7%5.9dweak$103k1h/8hspread not incl.ExVacalc
MEXCCEXVariational0.0%0.8%2.8%−1.1%1.7%2.6%5.3dweak$286kspread not incl.MxVacalc
GateCEXBitgetCEX0.0%7.0%8.2%4.8%1.1%1.7%12dcooling$1.0MGtBgcalc
BybitCEXBitgetCEX0.0%0.8%6.7%4.4%0.7%1.1%12dcooling$6.8MByBgcalc
GateCEXVariational0.0%7.0%2.8%−0.3%−1.1%−1.7%20dweak$286kspread not incl.GtVacalc
BinanceCEXGateCEX0.0%−5.0%5.2%0.3%−1.3%−2.0%18dnew$1.0MBnGtcalc
BybitCEXVariational0.0%0.8%1.3%−0.6%−1.5%−2.3%30dweak$286kspread not incl.ByVacalc
BinanceCEXBybitCEX0.0%1.2%3.6%−0.1%−1.9%−2.9%21dnew$10.9MBnBycalc
ExtendedBybitCEX−0.4%1.0%1.7%−0.1%−2.4%−3.6%33dweak$103k1h/8hExBycalc
MEXCCEXBybitCEX0.0%0.0%1.4%−0.4%−2.5%−3.7%38dweak$10.9MMxBycalc
AsterHyperliquid35.6%11.4%1.6%0.2%−2.8%−4.2%38dweak$53k8h/1hAsHycalc
BinanceCEXMEXCCEX0.0%1.2%0.4%0.1%−3.3%−4.9%139dnew$13.8MBnMxcalc
BitgetCEXHyperliquid35.6%11.4%1.7%−0.1%−3.8%−5.7%46dweak$6.8M8h/1hBgHycalc
ExtendedMEXCCEX−0.4%1.1%0.3%0.3%−2.0%−3.0%103dmixed$103k1h/8hExMxcalc
BitgetCEXAster0.0%0.0%0.0%−0.3%−5.2%−7.8%>999dweak$53kBgAscalc
MEXCCEXExtended0.4%−1.1%−0.3%−0.3%−2.7%−4.0%—mixed$103k8h/1hMxExcalc
GateCEXBybitCEX0.0%6.1%1.4%0.3%−5.3%−8.0%66dweak$1.0MGtBycalc
BinanceCEXExtended0.4%0.2%0.0%−0.4%−3.9%−5.8%>999dmixed$103k8h/1hBnExcalc
VariationalExtended0.4%−1.8%−3.1%0.8%−4.4%−6.6%—mixed$103k8h/1hspread not incl.VaExcalc
ExtendedGateCEX−0.4%−5.1%0.3%−0.5%−4.9%−7.4%236dmixed$103k1h/8hExGtcalc
GateCEXMEXCCEX0.0%6.2%0.0%0.8%−4.9%−7.4%>999dmixed$1.0MGtMxcalc
GateCEXExtended0.4%5.1%−0.3%0.5%−5.5%−8.3%—mixed$103k8h/1hGtExcalc
BybitCEXExtended0.4%−1.0%−1.7%0.1%−5.9%−8.9%—mixed$103k8h/1hByExcalc
AsterExtended0.4%−1.8%−8.5%−4.0%−11.9%−17.9%—mixed$53k8h/1hAsExcalc
BitgetCEXExtended0.4%−1.8%−8.5%−4.3%−12.9%−19.4%—mixed$103k8h/1hBgExcalc
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 03:10 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.

No two venues give a usable spread right now.

ALGO: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →MEXC0.12704
MEXC0.12704—
All quotes (9)
VenueBidAskQualityAgeVol 24hFlags
MEXCCEX0.127040.12704mark6m$4.1Mno FX
Aster0.1272110.127211mark11m$87kstaleno FX
BinanceCEX0.1273060.127306mark11m$35.4Mstaleno FX
BitgetCEX0.127260.12726mark11m$5.1Mstaleno FX
BybitCEX0.127240.12724mark11m$12.5Mstaleno FX
Extended0.1269980.126998mark11m$297kstale
GateCEX0.127280.12728mark11m$898kstaleno FX
Hyperliquid0.127330.12733mark11m$6.1Mstale
Variational0.1270910.127091mark11m$612kstale

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

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