EWT funding rates

EWT perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
19.4%long GRVT, short Gate · net 13.1%
Highest funding now
17.3%GRVT
Lowest funding now
0.0%Aster
Listed on
7 venues

Funding by venue

7d chartFlagsOpen
GRVTEWT_USDT_Perp17.3%−128%−20.1%−7.8%−2.1%8%8h08:00112.75$3k$119kTradFiGrGRVT
AsterEWTUSDT0.0%−68.0%−9.7%−2.3%0.0%0%8h08:00112.69$2k$1kTradFiAsAster
VariationalEWT0.0%−51.3%−6.9%−2.9%0.5%3%8h—112.88$44k$67kTradFiVaVariational
BybitCEXEWTUSDT0.0%−102%−16.3%−4.3%−2.0%0%8h08:00112.65$204k$921kTradFiByBybit
BitgetCEXEWTUSDT0.0%−72.5%−13.1%−3.1%−3.2%0%8h08:00112.68$1.3M$400kTradFiBgBitget
GateCEXEWT_USDT0.0%−4.6%−0.7%−0.2%0.0%0%8h08:00113.00$43k$1kTradFiGtGate
MEXCCEXEWT_USDT0.0%−142%−18.8%−6.5%1.7%5%8h08:00112.71$1.7M$112kTradFiMxMEXC

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
MEXCCEXGateCEX0.0%138%18.2%6.4%13.2%19.9%3.8dspike$43klow OITradFiMxGtcalc
GRVTGateCEX−17.3%123%19.4%7.6%13.1%19.7%4.5dspike ×58.5$3klow OITradFiGrGtcalc
MEXCCEXVariational0.0%91.0%12.0%3.7%10.9%16.4%1.2dspike$44klow OITradFispread not incl.MxVacalc
GRVTVariational−17.3%76.5%13.2%4.9%10.8%16.3%2.5dspike ×28.9$3klow OITradFispread not incl.GrVacalc
BybitCEXGateCEX0.0%97.2%15.6%4.1%8.8%13.2%6.1dspike ×48.4$43klow OITradFiByGtcalc
BybitCEXVariational0.0%50.5%9.4%1.4%6.5%9.8%4.3dspike ×19.8$44klow OITradFispread not incl.ByVacalc
MEXCCEXAster0.0%74.4%9.1%4.3%6.0%9.0%4.8dspike$2klow OITradFiMxAscalc
GRVTAster−17.3%59.8%10.4%5.5%5.9%8.9%6.0dspike ×28.4$2klow OITradFiGrAscalc
BitgetCEXGateCEX0.0%67.9%12.5%3.0%5.4%8.1%7.9dspike ×21.1$43klow OITradFiBgGtcalc
BitgetCEXVariational0.0%21.2%6.3%0.3%3.1%4.7%7.0dspike ×5.6$44klow OITradFispread not incl.BgVacalc
MEXCCEXBitgetCEX0.0%69.8%5.7%3.4%1.6%2.3%10dspike$1.3MTradFiMxBgcalc
AsterGateCEX0.0%63.4%9.1%2.1%3.1%4.6%9.3dspike$2klow OITradFiAsGtcalc
VariationalGateCEX0.0%46.7%6.2%2.7%2.3%3.5%8.8dspike$43klow OITradFispread not incl.VaGtcalc
BybitCEXAster0.0%33.8%6.6%2.0%1.6%2.4%11dspike ×16.8$2klow OITradFiByAscalc
GRVTBitgetCEX−17.3%55.3%6.9%4.7%1.5%2.2%11dspike$3klow OITradFiGrBgcalc
AsterVariational0.0%16.6%2.8%−0.6%0.8%1.1%10dspike ×30.8$2klow OITradFispread not incl.AsVacalc
MEXCCEXBybitCEX0.0%40.5%2.6%2.3%−1.3%−2.0%21dspike$204kTradFiMxBycalc
BitgetCEXAster0.0%4.5%3.4%0.9%−1.8%−2.7%21dweak$2klow OITradFiBgAscalc
GRVTMEXCCEX−17.3%−14.5%1.2%1.3%−2.2%−3.3%39dweak$3klow OITradFiGrMxcalc
GRVTBybitCEX−17.3%26.0%3.8%3.5%−1.4%−2.1%19dspike ×268.2$3klow OITradFiGrBycalc
BybitCEXBitgetCEX0.0%29.3%3.1%1.1%−2.9%−4.3%27dspike$204kTradFiByBgcalc
MEXCCEXGRVT17.3%14.5%−1.2%−1.3%−4.6%−6.9%—weak$3klow OITradFiMxGrcalc
BybitCEXGRVT17.3%−26.0%−3.8%−3.5%−9.0%−13.5%—weak$3klow OITradFiByGrcalc
BitgetCEXGRVT17.3%−55.3%−6.9%−4.7%−12.4%−18.6%—weak$3klow OITradFiBgGrcalc
AsterGRVT17.3%−59.8%−10.4%−5.5%−14.8%−22.2%—weak$2klow OITradFiAsGrcalc
VariationalGRVT17.3%−76.5%−13.2%−4.9%−15.5%−23.3%—weak$3klow OITradFispread not incl.VaGrcalc
GateCEXGRVT17.3%−123%−19.4%−7.6%−25.7%−38.5%—weak$3klow OITradFiGtGrcalc
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
New: less than a week of shared history, or under 4 days of it in the prior week: stability cannot be judged yet, and the score is lowered.
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.
incomplete
Incomplete history (a gap in a venue's data): N of the last 168 hours on both venues. Never steady, ranked lower.
≠ 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.

Quotes as of 07:13:10 UTC

EWT · TradFi

No two venues give a usable spread right now. 24h max: 0.218%.

EWT: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Gate112.74Binance112.64MEXC112.64Bitget112.62GRVT112.62Variational112.565Bybit112.56Aster112.001
Bybit112.630.098%0.009%0.009%−0.009%−0.009%−0.058%−0.062%−0.560%
Bitget112.670.062%−0.027%−0.027%−0.044%−0.044%−0.093%−0.098%−0.596%
Binance112.730.009%−0.080%−0.080%−0.098%−0.098%−0.146%−0.151%−0.649%
MEXC112.730.009%−0.080%−0.080%−0.098%−0.098%−0.146%−0.151%−0.649%
GRVT112.75−0.009%−0.097%−0.097%−0.115%−0.115%−0.164%−0.168%−0.667%
Gate112.8−0.053%−0.142%−0.142%−0.160%−0.160%−0.208%−0.213%−0.711%
Variational112.812−0.064%−0.153%−0.153%−0.170%−0.170%−0.219%−0.224%−0.722%
Aster113.359−0.548%−0.636%−0.636%−0.654%−0.654%−0.703%−0.707%−1.21%
All quotes (8)
VenueBidAskSourceAgeVol 24hFlags
Aster112.001113.359book25s$1kclosed
BinanceCEX112.64112.73book25s$1.4Mclosed
BitgetCEX112.62112.67book25s$399kclosed
BybitCEX112.56112.63book26s$921kclosed
GateCEX112.74112.8book26s$1kclosed
GRVT112.62112.75book25s$119kclosed
MEXCCEX112.64112.73book28s$112kclosedno size
Variational112.565112.812book79s$66kclosedRFQ

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

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