MAV funding rates

MAV perpetual funding across 6 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-13 11:01 UTC · refreshed every 5 min

Best pair · 7d: 14.0%long MEXC, short Gate · net 9.0%
Highest funding now: 10.9%BinanceCEX
Lowest funding now: −48.5%GateCEX
Listed on: 6 venues

Funding by venue

													Open
BinanceCEX	MAVUSDT	10.9%	10.9%	8.8%	9.9%	8.4%	90%	8h	16:00	0.01051	$1.6M	$1.6M	BnBinance
BybitCEX	MAVUSDT	10.9%	10.9%	10.9%	11.0%	10.9%	100%	8h	16:00	0.01051	$560k	$156k	ByBybit
BitgetCEX	MAVUSDT	10.9%	10.9%	10.9%	11.3%	10.9%	100%	8h	16:00	0.01053	$865k	$69k	BgBitget
MEXCCEX	MAV_USDT	10.9%	10.9%	8.8%	10.1%	8.4%	90%	8h	16:00	0.0105	$416k	$115k	MxMEXC
Variational	MAV	10.9%	10.9%	10.9%	10.9%	10.9%	100%	8h	—	0.0105	$227	$4k	VaVariational
GateCEX	MAV_USDT	−48.5%	8.6%	22.8%	46.2%	25.1%	79%	8h	16:00	0.01051	$203k	$63k	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
MEXCCEX	GateCEX	−59.5%	−2.4%	14.0%	36.1%	9.0%	13.6%	5.0d	cooling	$203k		Mx Gt	calc
BinanceCEX	GateCEX	−59.5%	−2.4%	14.0%	38.4%	7.5%	11.2%	6.5d	cooling	$203k		Bn Gt	calc
BybitCEX	GateCEX	−59.5%	−2.4%	11.8%	35.2%	5.0%	7.6%	8.0d	cooling	$203k		By Gt	calc
BitgetCEX	GateCEX	−59.5%	−2.4%	11.8%	34.9%	4.8%	7.2%	8.3d	cooling	$203k		Bg Gt	calc
Variational	GateCEX	−59.5%	−2.4%	11.8%	35.3%	7.9%	11.9%	4.6d	cooling	$227	low OIspread not incl.	Va Gt	calc
MEXCCEX	Variational	0.0%	0.0%	2.2%	0.8%	1.1%	1.7%	6.7d	weak	$227	low OIspread not incl.	Mx Va	calc
BinanceCEX	Variational	0.0%	0.0%	2.2%	1.1%	−0.4%	−0.7%	17d	weak	$227	low OIspread not incl.	Bn Va	calc
MEXCCEX	BybitCEX	0.0%	0.0%	2.2%	0.9%	−1.7%	−2.6%	25d	weak	$416k		Mx By	calc
MEXCCEX	BitgetCEX	0.0%	0.0%	2.2%	1.2%	−2.0%	−3.0%	27d	weak	$416k		Mx Bg	calc
BinanceCEX	BybitCEX	0.0%	0.0%	2.2%	1.1%	−3.3%	−5.0%	35d	weak	$560k		Bn By	calc
BinanceCEX	BitgetCEX	0.0%	0.0%	2.2%	1.5%	−3.6%	−5.3%	37d	weak	$865k		Bn Bg	calc
MEXCCEX	BinanceCEX	0.0%	0.0%	0.0%	0.0%	−3.6%	−5.5%	>999d	weak	$416k		Mx Bn	calc
GateCEX	BybitCEX	59.5%	2.4%	−11.8%	−35.2%	−18.6%	−27.9%	—	weak	$203k		Gt By	calc
GateCEX	BitgetCEX	59.5%	2.4%	−11.8%	−34.9%	−18.9%	−28.3%	—	weak	$203k		Gt Bg	calc
GateCEX	MEXCCEX	59.5%	2.4%	−14.0%	−36.1%	−18.9%	−28.4%	—	weak	$203k		Gt Mx	calc
GateCEX	BinanceCEX	59.5%	2.4%	−14.0%	−38.4%	−20.5%	−30.8%	—	weak	$203k		Gt Bn	calc
GateCEX	Variational	59.5%	2.4%	−11.8%	−35.3%	−15.7%	−23.6%	—	weak	$227	low OIspread not incl.	Gt Va	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: 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).

Spot ↔ Perp

Best short perp for each spot venue: 14-day hold, 3× leverage.

Buy spot	Short perp	now	24h	7d	30d	7d trend	On capital 3× · 14d	Payback	Basis	Perp OI	Perp vol 24h	Spot vol 24h	Flags	Open	Calc
		Funding APR					After fees & basis			Liquidity
BinanceCEX	BitgetCEX	10.9%	10.9%	10.9%	11.3%		2.0%	11d	+14 bps	$865k	$69k	$689k	thin spot	Bn Bg	calc

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 11:07:10 UTC

Best now: buy on Binance at 0.0104641, sell on Bitget at 0.0104881: 0.229% before fees, 0.009% after taker fees. 24h max: 1.06%.

MAV: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Bitget0.0104881	Bybit0.0104651	Binance0.0104631	Gate0.0104481	MEXC0.0104481	Variational0.01042
Binance0.0104641	0.229%	0.010%	−0.010%	−0.153%	−0.153%	−0.423%
Gate0.0104681	0.191%	−0.029%	−0.048%	−0.191%	−0.191%	−0.461%
MEXC0.0104681	0.191%	−0.029%	−0.048%	−0.191%	−0.191%	−0.461%
Variational0.01047	0.173%	−0.047%	−0.066%	−0.209%	−0.209%	−0.479%
Bybit0.0104731	0.143%	−0.076%	−0.095%	−0.239%	−0.239%	−0.508%
Bitget0.0104981	−0.095%	−0.314%	−0.334%	−0.477%	−0.477%	−0.747%

All quotes (6)

Venue	Bid	Ask	Source	Age	Vol 24h	Flags
BinanceCEX	0.0104631	0.0104641	book	22s	$1.6M
BitgetCEX	0.0104881	0.0104981	book	22s	$69k
BybitCEX	0.0104651	0.0104731	book	23s	$158k
GateCEX	0.0104481	0.0104681	book	23s	$63k
MEXCCEX	0.0104481	0.0104681	book	25s	$115k	no size
Variational	0.01042	0.01047	book	1m	$4k	RFQ

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection. A pair of two book quotes at most 60 s old is preferred to any other; a pair with a mark leg, or a quote older than 30 s, is compared net of a staleness allowance (how far such prices of that venue have strayed from live quotes), so the outlined best pair need not be the largest cell.

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