BZ funding rates

BZ perpetual funding across 8 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
19.6%long Bybit, short RISEx · net 15.2%
Highest funding now
6.3%RWA Perp
Lowest funding now
−124%BybitCEX
Listed on
8 venues

Funding by venue

7d chartFlagsOpen
RWA PerpPERP_BZ_USDC_mythos6.3%7.6%−47.6%−14.5%−56.9%67%8h08:00100.23$25k$0TradFiRwRWA Perp
RISExBZ/USDC−24.6%−14.7%−98.4%−38.3%−112%4%1h04:00100.81$3.3M$750kTradFiRxRISEx
GateCEXBZ_USDT−58.0%−47.1%−103%−42.9%−112%0%8h08:00100.62$13.5M$9.0MTradFiGtGate
BitgetCEXBZUSDT−72.7%−15.0%−117%−44.5%−134%0%4h04:00100.82$30.2M$19.2MTradFiBgBitget
GRVTBZ_USDT_Perp−74.2%−23.4%−109%−40.2%−124%0%4h04:00100.76$139k$277kTradFiGrGRVT
VariationalBZ−81.2%−14.5%−110%−38.7%−126%0%4h—100.78$6.2M$4.4MTradFiVaVariational
AsterBZUSDT−84.5%−18.7%−100%−37.8%−114%0%4h04:00100.78$369k$842kTradFiAsAster
BybitCEXBZUSDT−124%−34.4%−118%−43.3%−132%0%8h08:00100.76$21.8M$6.6MTradFiByBybit

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
BybitCEXRISEx99.6%19.7%19.6%5.1%15.2%22.8%3.2dsteady$3.3M8h/1hTradFiByRxcalc
BitgetCEXRISEx48.1%0.3%18.4%6.2%13.7%20.5%3.6dsteady$3.3M4h/1hTradFiBgRxcalc
BybitCEXAster39.7%15.7%17.6%5.5%12.6%19.0%3.9dsteady$369k8h/4hTradFiByAscalc
BitgetCEXAster−11.8%−3.7%16.3%6.7%11.1%16.7%4.5dcooling$369kTradFiBgAscalc
BybitCEXGateCEX66.1%−12.7%15.1%0.4%8.4%12.5%6.3dcooling$13.5MTradFiByGtcalc
GRVTRISEx49.7%8.7%10.8%1.9%6.9%10.4%5.1dsteady$139k4h/1hTradFiGrRxcalc
VariationalRISEx56.7%−0.1%11.3%0.4%9.7%14.6%1.9dmixed$3.3M4h/1hTradFispread not incl.VaRxcalc
GRVTAster−10.2%4.7%8.8%2.4%4.3%6.5%7.1dcooling$139kTradFiGrAscalc
BitgetCEXVariational−8.5%0.5%7.1%5.8%4.0%5.9%6.2dcooling$6.2MTradFispread not incl.BgVacalc
BybitCEXGRVT49.9%11.0%8.8%3.1%3.6%5.4%8.3dsteady$139k8h/4hTradFiByGrcalc
VariationalAster−3.2%−4.1%9.2%0.9%7.2%10.7%3.2dmixed$369kTradFispread not incl.VaAscalc
BitgetCEXGateCEX14.7%−32.1%13.9%1.6%6.8%10.3%7.1dmixed$13.5M4h/8hTradFiBgGtcalc
BybitCEXVariational42.9%19.8%8.3%4.6%5.5%8.2%4.8dspike ×3.1$6.2M8h/4hTradFispread not incl.ByVacalc
VariationalGateCEX23.2%−32.6%6.8%−4.2%2.9%4.3%8.1dmixed$6.2M4h/8hTradFispread not incl.VaGtcalc
BitgetCEXGRVT−1.5%−8.4%7.5%4.3%2.1%3.1%10dmixed$139kTradFiBgGrcalc
GRVTGateCEX16.2%−23.7%6.3%−2.7%0.1%0.1%14dmixed$139k4h/8hTradFiGrGtcalc
AsterRISEx59.9%4.0%2.0%−0.4%−1.6%−2.4%25dweak$369k4h/1hTradFiAsRxcalc
GateCEXRISEx33.5%32.4%4.5%4.6%−1.0%−1.5%17dspike$3.3M8h/1hTradFiGtRxcalc
VariationalGRVT7.0%−8.8%0.5%−1.5%−1.9%−2.8%71dmixed$139kTradFispread not incl.VaGrcalc
GateCEXAster−26.4%28.4%2.4%5.1%−3.5%−5.3%34dspike$369k8h/4hTradFiGtAscalc
BybitCEXBitgetCEX51.4%19.4%1.3%−1.1%−4.7%−7.1%66dspike$21.8M8h/4hTradFiByBgcalc
AsterVariational3.2%4.1%−9.2%−0.9%−11.3%−17.0%—weak$369kTradFispread not incl.AsVacalc
GRVTBitgetCEX1.5%8.4%−7.5%−4.3%−13.0%−19.5%—weak$139kTradFiGrBgcalc
AsterGateCEX26.4%−28.4%−2.4%−5.1%−8.4%−12.7%—mixed$369k4h/8hTradFiAsGtcalc
VariationalBitgetCEX8.5%−0.5%−7.1%−5.8%−10.2%−15.3%—mixed$6.2MTradFispread not incl.VaBgcalc
AsterGRVT10.2%−4.7%−8.8%−2.4%−13.2%−19.8%—mixed$139kTradFiAsGrcalc
AsterBitgetCEX11.8%3.7%−16.3%−6.7%−21.5%−32.3%—mixed$369kTradFiAsBgcalc
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 03:16 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 venue quotes BZ right now.

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