BONER funding rates

BONER perpetual funding across 3 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 02:32 UTC · refreshed every 5 min

Best pair · 7d: 62.5%long Gate, short MEXC · net 57.6%
Highest funding now: 29.6%MEXCCEX
Lowest funding now: 10.9%Aster
Listed on: 3 venues

Funding by venue

													Open
MEXCCEX	BONER_USDT	29.6%	17.1%	22.4%	31.5%	23.2%	90%	4h	04:00	0.04289	$137k	$127k	MxMEXC
Aster	BONERUSDT	10.9%	−12.6%	18.1%	−28.3%	23.2%	82%	1h	03:00	0.04226	$37k	$9k	AsAster
GateCEX	BONER_USDT	10.9%	−1.1%	−40.2%	−42.3%	−46.7%	81%	4h	04:00	0.04225	$42k	$21k	GtGate

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
GateCEX	MEXCCEX	18.6%	18.2%	62.5%	73.8%	57.6%	86.4%	1.1d	steady	$42k	low OI	Gt Mx	calc
GateCEX	Aster	0.0%	−11.5%	58.3%	14.0%	52.3%	78.4%	1.4d	cooling	$37k	low OI4h/1h	Gt As	calc
Aster	MEXCCEX	18.6%	29.7%	4.3%	59.8%	1.1%	1.7%	10d	spike ×2316.2	$37k	low OI1h/4h	As Mx	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 02:32 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 Gate at 0.04225, sell on MEXC at 0.04289: 1.50% before fees, 1.31% after taker fees.

BONER: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	MEXC0.04289	Aster0.0422559	Gate0.04225
Gate0.04225	1.50%	0.014%	—
Aster0.0422559	1.49%	—	−0.014%
MEXC0.04289	—	−1.49%	−1.50%

All quotes (3)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.0422559	0.0422559	mark	5m	$9k	no FX
GateCEX	0.04225	0.04225	mark	4m	$21k	no FX
MEXCCEX	0.04289	0.04289	mark	3m	$127k	no FX

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

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