AZTEC funding rates

AZTEC perpetual funding across 10 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
9.8%long Variational, short Hyperliquid · net 7.4%
Highest funding now
12.9%Aster
Lowest funding now
10.5%Lighter
Listed on
10 venues

Funding by venue

7d chartFlagsOpen
AsterAZTECUSDT12.9%11.9%11.2%18.3%11.1%100%4h12:000.01926$17k$40kAsAster
ExtendedAZTEC-USD12.3%12.0%11.5%16.5%11.5%100%1h11:000.01922$65k$522kExExtended
BinanceCEXAZTECUSDT11.7%11.6%11.1%15.1%11.0%100%4h12:000.01923$3.9M$13.8MBnBinance
MEXCCEXAZTEC_USDT11.6%11.6%11.1%17.0%11.0%100%4h12:000.01923$279k$385kMxMEXC
HyperliquidAZTEC10.9%50.6%20.7%37.2%15.7%100%1h—0.01923$2.4M$2.6MHyHyperliquid
BybitCEXAZTECUSDT10.9%14.7%12.0%13.6%11.6%100%4h12:000.01925$2.8M$4.4MByBybit
BitgetCEXAZTECUSDT10.9%12.0%11.6%15.2%11.6%100%4h12:000.01925$535k$681kBgBitget
GateCEXAZTEC_USDT10.9%10.9%10.9%11.1%10.9%100%8h16:000.01922$402k$467kGtGate
VariationalAZTEC10.9%10.9%10.9%10.9%10.9%100%4h—0.01928$234k$185kVaVariational
LighterAZTEC10.5%10.5%13.0%40.7%13.4%100%1h11:000.01981$54k$32kLiLighter

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
VariationalHyperliquid0.0%39.6%9.8%26.3%7.4%11.1%3.4dspike ×8.3$234k4h/1hspread not incl.VaHycalc
MEXCCEXHyperliquid−0.7%39.0%9.6%20.3%6.2%9.4%4.9dspike ×8.3$279k4h/1hMxHycalc
BinanceCEXHyperliquid−0.8%39.0%9.6%26.2%4.7%7.0%7.2dspike ×8.3$2.4M4h/1hBnHycalc
BitgetCEXHyperliquid0.0%38.6%9.1%22.0%3.6%5.4%8.4dspike ×9.3$535k4h/1hBgHycalc
GateCEXHyperliquid0.0%39.6%9.8%26.1%3.5%5.2%9.0dspike ×8.3$402k8h/1hGtHycalc
BybitCEXHyperliquid0.0%35.9%8.7%23.6%3.5%5.2%8.4dspike ×8.7$2.4M4h/1hByHycalc
ExtendedHyperliquid−1.3%38.6%9.2%20.7%5.5%8.3%5.6dspike ×9.1$65kExHycalc
AsterHyperliquid−1.9%38.7%9.5%18.9%5.1%7.6%6.5dspike ×8.3$17klow OI4h/1hAsHycalc
LighterHyperliquid0.4%40.1%7.7%−3.4%5.3%8.0%4.3dspike ×17.6$54k≠ asset?LiHycalc
VariationalLighter−0.4%−0.4%2.1%29.7%2.1%3.1%<0.1dmixed$54k≠ asset?4h/1hspread not incl.VaLicalc
MEXCCEXLighter−1.1%−1.1%1.9%23.7%0.9%1.4%7.5dmixed$54k≠ asset?4h/1hMxLicalc
ExtendedLighter−1.8%−1.5%1.5%24.1%0.2%0.3%12dmixed$54k≠ asset?ExLicalc
VariationalExtended1.3%1.0%0.6%5.6%−0.7%−1.1%31dweak$65k4h/1hspread not incl.VaExcalc
VariationalMEXCCEX0.7%0.6%0.1%6.0%−0.9%−1.4%114dweak$234kspread not incl.VaMxcalc
VariationalBybitCEX0.0%3.8%1.1%2.7%−1.8%−2.7%37dweak$234kspread not incl.VaBycalc
MEXCCEXExtended0.7%0.4%0.5%−0.4%−1.9%−2.8%70dweak$65k4h/1hMxExcalc
VariationalBinanceCEX0.8%0.6%0.1%4.1%−2.5%−3.7%250dweak$234kspread not incl.VaBncalc
VariationalBitgetCEX0.0%1.0%0.7%4.3%−2.5%−3.7%66dweak$234kspread not incl.VaBgcalc
MEXCCEXBybitCEX−0.7%3.2%1.0%−3.3%−2.9%−4.4%57dweak$279kMxBycalc
BinanceCEXExtended0.5%0.4%0.4%−0.5%−3.5%−5.2%122dweak$65k4h/1hBnExcalc
MEXCCEXBinanceCEX0.1%0.0%0.0%0.0%−3.6%−5.4%>999dweak$279kMxBncalc
MEXCCEXBitgetCEX−0.7%0.4%0.5%−1.8%−3.6%−5.5%109dweak$279kMxBgcalc
VariationalAster1.9%0.9%0.2%7.4%−1.8%−2.8%122dweak$17klow OIspread not incl.VaAscalc
BitgetCEXExtended1.3%0.0%−0.1%1.3%−4.5%−6.8%—weak$65k4h/1hBgExcalc
BinanceCEXBybitCEX−0.8%3.2%0.9%−1.3%−4.5%−6.8%81dweak$2.8MBnBycalc
GateCEXExtended1.3%1.0%0.6%5.4%−4.6%−6.9%123dweak$65k8h/1hGtExcalc
BybitCEXExtended1.3%−2.8%−0.5%2.9%−4.7%−7.0%—weak$65k4h/1hByExcalc
BitgetCEXMEXCCEX0.7%−0.4%−0.5%1.8%−4.7%−7.1%—weak$279kBgMxcalc
GateCEXMEXCCEX0.7%0.6%0.1%5.9%−4.8%−7.2%541dweak$279k8h/4hGtMxcalc
BybitCEXMEXCCEX0.7%−3.2%−1.0%3.3%−4.9%−7.3%—weak$279kByMxcalc
BinanceCEXBitgetCEX−0.8%0.4%0.5%1.8%−5.2%−7.8%155dweak$535kBnBgcalc
BitgetCEXBybitCEX0.0%2.8%0.4%−1.6%−5.6%−8.4%197dweak$535kBgBycalc
GateCEXBybitCEX0.0%3.8%1.1%2.5%−5.7%−8.5%87dweak$402k8h/4hGtBycalc
MEXCCEXAster1.3%0.3%0.1%1.3%−3.0%−4.5%392dweak$17klow OIMxAscalc
AsterExtended−0.6%0.1%0.4%−1.8%−3.0%−4.6%134dweak$17klow OI4h/1hAsExcalc
BitgetCEXBinanceCEX0.8%−0.4%−0.5%−1.8%−6.3%−9.4%—weak$535kBgBncalc
GateCEXBinanceCEX0.8%0.6%0.1%4.1%−6.4%−9.6%624dweak$402k8h/4hGtBncalc
GateCEXBitgetCEX0.0%1.0%0.7%4.1%−6.4%−9.6%149dweak$402k8h/4hGtBgcalc
BybitCEXBinanceCEX0.8%−3.2%−0.9%1.3%−6.4%−9.6%—weak$2.8MByBncalc
ExtendedBybitCEX−1.3%2.8%0.5%−2.9%−3.7%−5.5%118dmixed$65k1h/4hExBycalc
AsterBybitCEX−1.9%2.8%0.8%−4.7%−4.1%−6.2%82dweak$17klow OIAsBycalc
ExtendedBitgetCEX−1.3%0.0%0.1%−1.3%−4.4%−6.5%904dmixed$65k1h/4hExBgcalc
BinanceCEXAster1.1%0.3%0.1%2.1%−4.6%−6.9%702dweak$17klow OIBnAscalc
AsterBitgetCEX−1.9%0.1%0.4%−3.1%−4.8%−7.2%172dweak$17klow OIAsBgcalc
AsterLighter−2.3%−1.4%1.8%22.4%−0.3%−0.4%16dmixed$17k≠ asset?low OI4h/1hAsLicalc
BitgetCEXAster1.9%−0.1%−0.4%3.1%−5.6%−8.5%—weak$17klow OIBgAscalc
GateCEXAster1.9%0.9%0.2%7.2%−5.8%−8.6%350dweak$17klow OI8h/4hGtAscalc
BybitCEXAster1.9%−2.8%−0.8%4.7%−5.8%−8.7%—weak$17klow OIByAscalc
HyperliquidExtended1.3%−38.6%−9.2%−20.7%−12.8%−19.2%—weak$65kHyExcalc
HyperliquidMEXCCEX0.7%−39.0%−9.6%−20.3%−13.0%−19.5%—weak$279k1h/4hHyMxcalc
BinanceCEXLighter−1.2%−1.1%1.9%26.5%−0.7%−1.0%19dmixed$54k≠ asset?4h/1hBnLicalc
HyperliquidBinanceCEX0.8%−39.0%−9.6%−26.2%−14.6%−21.8%—weak$2.4M1h/4hHyBncalc
ExtendedAster0.6%−0.1%−0.4%1.8%−3.7%−5.6%—mixed$17klow OI1h/4hExAscalc
LighterVariational0.4%0.4%−2.1%−29.7%−2.1%−3.1%—weak$54k≠ asset?1h/4hspread not incl.LiVacalc
LighterExtended1.8%1.5%−1.5%−24.1%−2.8%−4.2%—weak$54k≠ asset?LiExcalc
HyperliquidAster1.9%−38.7%−9.5%−18.9%−13.9%−20.9%—weak$17klow OI1h/4hHyAscalc
LighterMEXCCEX1.1%1.1%−1.9%−23.7%−3.0%−4.5%—weak$54k≠ asset?1h/4hLiMxcalc
BitgetCEXLighter−0.4%−1.5%1.4%25.5%−1.7%−2.6%31dmixed$54k≠ asset?4h/1hBgLicalc
GateCEXLighter−0.4%−0.4%2.1%29.6%−1.8%−2.8%26dmixed$54k≠ asset?8h/1hGtLicalc
BybitCEXLighter−0.4%−4.2%1.0%27.0%−1.9%−2.8%41dmixed$54k≠ asset?4h/1hByLicalc
LighterBybitCEX0.4%4.2%−1.0%−27.0%−3.9%−5.8%—weak$54k≠ asset?1h/4hLiBycalc
LighterBinanceCEX1.2%1.1%−1.9%−26.5%−4.5%−6.8%—weak$54k≠ asset?1h/4hLiBncalc
LighterBitgetCEX0.4%1.5%−1.4%−25.5%−4.5%−6.8%—weak$54k≠ asset?1h/4hLiBgcalc
LighterGateCEX0.4%0.4%−2.1%−29.6%−6.0%−9.0%—weak$54k≠ asset?1h/8hLiGtcalc
LighterAster2.3%1.4%−1.8%−22.4%−3.9%−5.9%—weak$17k≠ asset?low OI1h/4hLiAscalc
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 10:51 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.

AZTEC: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Lighter0.0198075Variational0.0192831Aster0.01926Bybit0.019254Bitget0.01925Binance0.0192317MEXC0.01923Hyperliquid0.019229Extended0.0192202Gate0.01922
Gate0.019223.01%0.328%0.208%0.177%0.156%0.061%0.052%0.047%0.001%—
Extended0.01922023.01%0.327%0.207%0.176%0.155%0.060%0.051%0.046%—−0.001%
Hyperliquid0.0192292.96%0.281%0.161%0.130%0.109%0.014%0.005%—−0.046%−0.047%
MEXC0.019232.96%0.276%0.156%0.125%0.104%0.009%—−0.005%−0.051%−0.052%
Binance0.01923172.95%0.267%0.147%0.116%0.095%—−0.009%−0.014%−0.060%−0.061%
Bitget0.019252.85%0.172%0.052%0.021%—−0.095%−0.104%−0.109%−0.155%−0.156%
Bybit0.0192542.83%0.151%0.031%—−0.021%−0.116%−0.125%−0.130%−0.176%−0.177%
Aster0.019262.80%0.120%—−0.031%−0.052%−0.147%−0.156%−0.161%−0.207%−0.208%
Variational0.01928312.68%—−0.120%−0.151%−0.172%−0.267%−0.276%−0.281%−0.327%−0.328%
Lighter0.0198075—−2.68%−2.80%−2.83%−2.85%−2.95%−2.96%−2.96%−3.01%−3.01%
All quotes (10)
VenueBidAskQualityAgeVol 24hFlags
Aster0.019260.01926mark3m$40kno FX
BinanceCEX0.01923170.0192317mark2m$13.8Mno FX
BitgetCEX0.019250.01925mark2m$681kno FX
BybitCEX0.0192540.019254mark2m$4.4Mno FX
Extended0.01922020.0192202mark3m$522k
GateCEX0.019220.01922mark2m$467kno FX
Hyperliquid0.0192290.019229mark3m$2.6M
Lighter0.01980750.0198075mark3m$32k
MEXCCEX0.019230.01923mark3m$385kno FX
Variational0.01928310.0192831mark3m$185k

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

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