CAP funding rates
CAP perpetual funding across 9 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 24.1%long Lighter, short Binance · net 21.5%
- Highest funding now
- 78.4%ByBybitCEX
- Lowest funding now
- 10.5%LiLighter
- Listed on
- 9 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ByBybitCEX | CAPUSDT | 78.4% | 57.7% | 10.7% | −59.6% | 2.8% | 93% | 4h | 04:00 | 0.09318 | $6.3M | $5.5M | ByBybit | ||
| VaVariational | CAP | 70.7% | 48.4% | 6.9% | −62.1% | 0.0% | 96% | 4h | — | 0.09299 | $32k | $45k | VaVariational | ||
| GtGateCEX | CAP_USDT | 62.4% | 34.7% | 9.2% | −49.0% | 5.0% | 95% | 4h | 04:00 | 0.09312 | $788k | $1.6M | GtGate | ||
| BnBinanceCEX | CAPUSDT | 58.7% | 52.5% | 34.9% | −81.0% | 30.5% | 100% | 4h | 04:00 | 0.09314 | $19.0M | $17.9M | BnBinance | ||
| MxMEXCCEX | CAP_USDT | 58.5% | 53.1% | 16.2% | −48.9% | 10.1% | 95% | 4h | 04:00 | 0.09343 | $517k | $548k | MxMEXC | ||
| AsAster | CAPUSDT | 37.9% | 29.9% | 6.8% | −53.1% | 3.0% | 95% | 4h | 04:00 | 0.09319 | $105k | $134k | AsAster | ||
| RwRWA Perp | PERP_CAP_USDC_mythos | 10.9% | 11.4% | 4.2% | −37.0% | 3.0% | 95% | 4h | 04:00 | 0.09315 | $4k | $0 | RwRWA Perp | ||
| BgBitgetCEX | CAPUSDT | 10.9% | 16.5% | 3.5% | −50.8% | 1.3% | 95% | 4h | 04:00 | 0.09316 | $1.9M | $2.7M | BgBitget | ||
| LiLighter | CAP | 10.5% | 10.5% | −6.1% | −66.0% | −8.9% | 86% | 1h | 03:00 | 0.09256 | $111k | $14k | LiLighter |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| LiLighter | BnBinanceCEX | 48.1% | 42.0% | 24.1% | 18.4% | 21.5% | 32.3% | 1.5d | steady | $111k | 1h/4h | LiBn | calc | |
| LiLighter | MxMEXCCEX | 48.0% | 42.5% | 22.3% | 17.0% | 21.3% | 31.9% | 0.7d | steady | $111k | 1h/4h | LiMx | calc | |
| BgBitgetCEX | BnBinanceCEX | 47.7% | 36.0% | 19.4% | −3.4% | 13.7% | 20.5% | 4.1d | steady | $1.9M | BgBn | calc | ||
| LiLighter | GtGateCEX | 51.9% | 24.2% | 15.3% | 16.9% | 11.4% | 17.1% | 3.6d | steady | $111k | 1h/4h | LiGt | calc | |
| LiLighter | AsAster | 27.4% | 19.4% | 12.9% | 12.9% | 10.8% | 16.3% | 2.3d | steady | $105k | 1h/4h | LiAs | calc | |
| AsAster | BnBinanceCEX | 20.7% | 22.5% | 13.1% | −0.1% | 8.4% | 12.5% | 5.0d | steady | $105k | AsBn | calc | ||
| LiLighter | ByBybitCEX | 67.8% | 47.2% | 16.7% | 6.3% | 13.9% | 20.8% | 2.4d | spike ×4.0 | $111k | 1h/4h | LiBy | calc | |
| GtGateCEX | BnBinanceCEX | −3.8% | 17.8% | 13.1% | −0.4% | 6.5% | 9.8% | 7.0d | cooling | $788k | GtBn | calc | ||
| LiLighter | BgBitgetCEX | 0.4% | 6.0% | 9.6% | 15.2% | 6.4% | 9.7% | 4.6d | steady | $111k | 1h/4h | LiBg | calc | |
| ByBybitCEX | BnBinanceCEX | −19.7% | −5.2% | 10.5% | 5.7% | 5.0% | 7.6% | 7.3d | cooling | $6.3M | ByBn | calc | ||
| VaVariational | BnBinanceCEX | −12.1% | 4.1% | 11.9% | 9.0% | 9.3% | 13.9% | 3.1d | cooling | $32k | low OIspread not incl. | VaBn | calc | |
| BgBitgetCEX | MxMEXCCEX | 47.5% | 36.6% | 12.7% | 1.8% | 8.6% | 12.8% | 4.6d | spike ×4.2 | $517k | BgMx | calc | ||
| VaVariational | MxMEXCCEX | −12.3% | 4.7% | 9.3% | 13.2% | 8.3% | 12.4% | 1.6d | cooling | $32k | low OIspread not incl. | VaMx | calc | |
| LiLighter | VaVariational | 60.2% | 37.8% | 13.0% | 3.9% | 13.0% | 19.5% | <0.1d | spike ×4.3 | $32k | low OI1h/4hspread not incl. | LiVa | calc | |
| AsAster | MxMEXCCEX | 20.5% | 23.1% | 9.4% | 4.2% | 6.2% | 9.4% | 4.7d | spike ×3.3 | $105k | AsMx | calc | ||
| ByBybitCEX | MxMEXCCEX | −19.9% | −4.6% | 5.5% | 10.7% | 1.6% | 2.5% | 9.9d | cooling | $517k | ByMx | calc | ||
| GtGateCEX | MxMEXCCEX | −3.9% | 18.4% | 7.0% | 0.1% | 2.0% | 3.0% | 10.0d | spike ×3.6 | $517k | GtMx | calc | ||
| BgBitgetCEX | ByBybitCEX | 67.4% | 41.2% | 7.2% | −8.9% | 1.2% | 1.8% | 12d | spike ×27.2 | $1.9M | BgBy | calc | ||
| VaVariational | ByBybitCEX | 7.6% | 9.3% | 3.8% | 2.4% | 0.9% | 1.4% | 11d | weak | $32k | low OIspread not incl. | VaBy | calc | |
| BgBitgetCEX | VaVariational | 59.8% | 31.9% | 3.4% | −11.3% | 0.3% | 0.4% | 13d | spike | $32k | low OIspread not incl. | BgVa | calc | |
| BgBitgetCEX | AsAster | 27.0% | 13.4% | 3.4% | −2.3% | −1.8% | −2.8% | 22d | weak | $105k | BgAs | calc | ||
| AsAster | ByBybitCEX | 40.4% | 27.8% | 3.8% | −6.5% | −1.1% | −1.7% | 18d | spike | $105k | AsBy | calc | ||
| BgBitgetCEX | GtGateCEX | 51.5% | 18.2% | 5.8% | 1.7% | −1.3% | −1.9% | 17d | spike ×4.9 | $788k | BgGt | calc | ||
| VaVariational | GtGateCEX | −8.3% | −13.7% | 2.4% | 13.1% | −1.5% | −2.3% | 23d | cooling | $32k | low OIspread not incl. | VaGt | calc | |
| BnBinanceCEX | MxMEXCCEX | −0.2% | 0.6% | 0.1% | −0.6% | −3.6% | −5.4% | 661d | weak | $517k | BnMx | calc | ||
| AsAster | GtGateCEX | 24.5% | 4.7% | 2.4% | 4.1% | −3.6% | −5.4% | 35d | weak | $105k | AsGt | calc | ||
| MxMEXCCEX | BnBinanceCEX | 0.2% | −0.6% | −0.1% | 0.6% | −3.7% | −5.6% | — | weak | $517k | MxBn | calc | ||
| AsAster | VaVariational | 32.8% | 18.4% | 0.0% | −9.0% | −2.0% | −3.1% | 709d | spike | $32k | low OIspread not incl. | AsVa | calc | |
| MxMEXCCEX | ByBybitCEX | 19.9% | 4.6% | −5.5% | −10.7% | −9.5% | −14.2% | — | weak | $517k | MxBy | calc | ||
| GtGateCEX | ByBybitCEX | 15.9% | 23.0% | 1.4% | −10.6% | −5.4% | −8.1% | 67d | spike | $788k | GtBy | calc | ||
| MxMEXCCEX | GtGateCEX | 3.9% | −18.4% | −7.0% | −0.1% | −11.9% | −17.9% | — | weak | $517k | MxGt | calc | ||
| GtGateCEX | VaVariational | 8.3% | 13.7% | −2.4% | −13.1% | −6.3% | −9.4% | — | weak | $32k | low OIspread not incl. | GtVa | calc | |
| MxMEXCCEX | VaVariational | 12.3% | −4.7% | −9.3% | −13.2% | −10.4% | −15.6% | — | weak | $32k | low OIspread not incl. | MxVa | calc | |
| BnBinanceCEX | ByBybitCEX | 19.7% | 5.2% | −10.5% | −5.7% | −16.0% | −24.0% | — | mixed | $6.3M | BnBy | calc | ||
| BnBinanceCEX | GtGateCEX | 3.8% | −17.8% | −13.1% | 0.4% | −19.6% | −29.4% | — | mixed | $788k | BnGt | calc | ||
| BnBinanceCEX | VaVariational | 12.1% | −4.1% | −11.9% | −9.0% | −14.5% | −21.7% | — | mixed | $32k | low OIspread not incl. | BnVa | 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 02:27 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 Lighter at 0.0925625, sell on MEXC at 0.09343: 0.933% before fees, 0.893% after taker fees.
| Buy ↓ · Sell → | MxMEXC0.09343 | AsAster0.0931922 | ByBybit0.09318 | BgBitget0.09316 | RwRWA Perp0.093153 | BnBinance0.0931419 | GtGate0.09312 | VaVariational0.0929878 | LiLighter0.0925625 |
|---|---|---|---|---|---|---|---|---|---|
| LiLighter0.0925625 | 0.933% | 0.678% | 0.665% | 0.643% | 0.636% | 0.624% | 0.600% | 0.458% | — |
| VaVariational0.0929878 | 0.474% | 0.220% | 0.206% | 0.185% | 0.177% | 0.166% | 0.142% | — | −0.458% |
| GtGate0.09312 | 0.332% | 0.078% | 0.064% | 0.043% | 0.035% | 0.024% | — | −0.142% | −0.600% |
| BnBinance0.0931419 | 0.309% | 0.054% | 0.041% | 0.019% | 0.012% | — | −0.024% | −0.166% | −0.624% |
| RwRWA Perp0.093153 | 0.297% | 0.042% | 0.029% | 0.008% | — | −0.012% | −0.035% | −0.177% | −0.636% |
| BgBitget0.09316 | 0.289% | 0.035% | 0.021% | — | −0.008% | −0.019% | −0.043% | −0.185% | −0.643% |
| ByBybit0.09318 | 0.268% | 0.013% | — | −0.021% | −0.029% | −0.041% | −0.064% | −0.206% | −0.665% |
| AsAster0.0931922 | 0.255% | — | −0.013% | −0.035% | −0.042% | −0.054% | −0.078% | −0.220% | −0.678% |
| MxMEXC0.09343 | — | −0.255% | −0.268% | −0.289% | −0.297% | −0.309% | −0.332% | −0.474% | −0.933% |
All quotes (9)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 0.0931922 | 0.0931922 | mark | 6m | $134k | no FX |
| BnBinanceCEX | 0.0931419 | 0.0931419 | mark | 5m | $17.9M | no FX |
| BgBitgetCEX | 0.09316 | 0.09316 | mark | 5m | $2.7M | no FX |
| ByBybitCEX | 0.09318 | 0.09318 | mark | 5m | $5.5M | no FX |
| GtGateCEX | 0.09312 | 0.09312 | mark | 5m | $1.6M | no FX |
| LiLighter | 0.0925625 | 0.0925625 | mark | 6m | $14k | |
| MxMEXCCEX | 0.09343 | 0.09343 | mark | 4m | $548k | no FX |
| RwRWA Perp | 0.093153 | 0.093153 | mark | 6m | $0 | |
| VaVariational | 0.0929878 | 0.0929878 | mark | 6m | $45k |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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