Q funding rates
Q perpetual funding across 8 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 8.3%long Bitget, short Bybit · net 2.3%
- Highest funding now
- 26.3%ExExtended
- Lowest funding now
- 10.9%AsAster
- Listed on
- 8 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ExExtended | Q-USD | 26.3% | 18.0% | 17.5% | 35.6% | 17.4% | 100% | 1h | 04:00 | 0.03127 | $18k | $86k | ExExtended | ||
| BnBinanceCEX | QUSDT | 25.5% | 18.3% | 18.9% | 35.8% | 19.0% | 100% | 4h | 04:00 | 0.03126 | $9.9M | $14.8M | BnBinance | ||
| MxMEXCCEX | Q_USDT | 25.4% | 16.9% | 17.5% | 35.7% | 17.7% | 100% | 4h | 04:00 | 0.03131 | $120k | $122k | MxMEXC | ||
| AsAster | QUSDT | 10.9% | 16.5% | 14.4% | 31.6% | 14.1% | 100% | 4h | 04:00 | 0.03129 | $67k | $106k | AsAster | ||
| ByBybitCEX | QUSDT | 10.9% | 16.3% | 19.2% | 19.9% | 19.7% | 100% | 4h | 04:00 | 0.03126 | $3.5M | $4.0M | ByBybit | ||
| BgBitgetCEX | QUSDT | 10.9% | 10.9% | 10.9% | 10.6% | 10.9% | 100% | 4h | 04:00 | 0.03129 | $2.4M | $1.2M | BgBitget | ||
| GtGateCEX | Q_USDT | 10.9% | 10.9% | 10.9% | 17.5% | 10.9% | 100% | 4h | 04:00 | 0.03124 | $1.2M | $1.2M | GtGate | ||
| VaVariational | Q | 10.9% | 10.9% | 12.3% | 14.4% | 12.5% | 100% | 4h | — | 0.03117 | $613 | $4k | VaVariational |
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 | |||||||||||
| BgBitgetCEX | MxMEXCCEX | 14.5% | 5.9% | 6.6% | 25.0% | 2.4% | 3.6% | 8.8d | steady | $120k | BgMx | calc | ||
| BgBitgetCEX | ByBybitCEX | 0.0% | 5.4% | 8.3% | 9.3% | 2.3% | 3.4% | 10d | cooling | $2.4M | BgBy | calc | ||
| BgBitgetCEX | BnBinanceCEX | 14.6% | 7.3% | 8.0% | 27.2% | 2.2% | 3.3% | 10d | steady | $2.4M | BgBn | calc | ||
| VaVariational | MxMEXCCEX | 14.5% | 5.9% | 5.3% | 21.3% | 4.2% | 6.3% | 2.8d | steady | $613 | low OIspread not incl. | VaMx | calc | |
| VaVariational | ByBybitCEX | 0.0% | 5.4% | 6.9% | 5.5% | 4.0% | 6.1% | 5.8d | cooling | $613 | low OIspread not incl. | VaBy | calc | |
| VaVariational | ExExtended | 15.3% | 7.1% | 5.2% | 21.2% | 3.9% | 5.8% | 3.5d | weak | $613 | low OI4h/1hspread not incl. | VaEx | calc | |
| VaVariational | BnBinanceCEX | 14.6% | 7.3% | 6.4% | 20.3% | 3.8% | 5.7% | 5.7d | steady | $613 | low OIspread not incl. | VaBn | calc | |
| GtGateCEX | MxMEXCCEX | 14.5% | 5.9% | 6.6% | 18.1% | 1.6% | 2.5% | 11d | steady | $120k | GtMx | calc | ||
| GtGateCEX | ByBybitCEX | 0.0% | 5.4% | 8.3% | 2.4% | 1.5% | 2.2% | 11d | cooling | $1.2M | GtBy | calc | ||
| GtGateCEX | BnBinanceCEX | 14.6% | 7.3% | 8.0% | 15.9% | 1.4% | 2.1% | 11d | steady | $1.2M | GtBn | calc | ||
| BgBitgetCEX | ExExtended | 15.3% | 7.1% | 6.5% | 25.0% | 2.1% | 3.1% | 9.5d | steady | $18k | low OI4h/1h | BgEx | calc | |
| GtGateCEX | ExExtended | 15.3% | 7.1% | 6.5% | 18.1% | 1.3% | 2.0% | 11d | steady | $18k | low OI4h/1h | GtEx | calc | |
| VaVariational | AsAster | 0.0% | 5.6% | 2.1% | 17.2% | 0.0% | 0.1% | 14d | weak | $613 | low OIspread not incl. | VaAs | calc | |
| AsAster | MxMEXCCEX | 14.5% | 0.4% | 3.1% | 4.0% | 0.0% | 0.0% | 14d | weak | $67k | AsMx | calc | ||
| AsAster | ByBybitCEX | 0.0% | −0.2% | 4.8% | −11.7% | −0.2% | −0.2% | 14d | cooling | $67k | AsBy | calc | ||
| AsAster | ExExtended | 15.3% | 1.5% | 3.0% | 4.0% | −0.3% | −0.5% | 16d | weak | $18k | low OI4h/1h | AsEx | calc | |
| AsAster | BnBinanceCEX | 14.6% | 1.8% | 3.9% | 3.7% | −0.8% | −1.2% | 17d | weak | $67k | AsBn | calc | ||
| BgBitgetCEX | AsAster | 0.0% | 5.6% | 3.5% | 21.0% | −1.7% | −2.6% | 21d | weak | $67k | BgAs | calc | ||
| MxMEXCCEX | ByBybitCEX | −14.5% | −0.5% | 1.7% | −15.7% | −2.2% | −3.4% | 33d | weak | $120k | MxBy | calc | ||
| GtGateCEX | AsAster | 0.0% | 5.6% | 3.5% | 14.1% | −2.5% | −3.8% | 24d | weak | $67k | GtAs | calc | ||
| MxMEXCCEX | BnBinanceCEX | 0.1% | 1.4% | 0.3% | 0.1% | −3.4% | −5.1% | 203d | weak | $120k | MxBn | calc | ||
| BgBitgetCEX | VaVariational | 0.0% | 0.0% | 1.3% | 3.8% | −1.8% | −2.7% | 33d | weak | $613 | low OIspread not incl. | BgVa | calc | |
| BnBinanceCEX | ByBybitCEX | −14.6% | −1.9% | 1.7% | −14.3% | −3.8% | −5.7% | 45d | weak | $3.5M | BnBy | calc | ||
| MxMEXCCEX | ExExtended | 0.9% | 1.2% | −0.1% | 0.0% | −2.4% | −3.6% | — | weak | $18k | low OI4h/1h | MxEx | calc | |
| GtGateCEX | VaVariational | 0.0% | 0.0% | 1.3% | −3.1% | −2.6% | −3.8% | 41d | weak | $613 | low OIspread not incl. | GtVa | calc | |
| ByBybitCEX | MxMEXCCEX | 14.5% | 0.5% | −1.7% | 15.7% | −5.6% | −8.4% | — | weak | $120k | ByMx | calc | ||
| ByBybitCEX | BnBinanceCEX | 14.6% | 1.9% | −1.7% | 14.3% | −7.2% | −10.7% | — | weak | $3.5M | ByBn | calc | ||
| BnBinanceCEX | ExExtended | 0.8% | −0.2% | −0.5% | −0.3% | −4.4% | −6.6% | — | weak | $18k | low OI4h/1h | BnEx | calc | |
| ExExtended | MxMEXCCEX | −0.9% | −1.2% | 0.1% | 0.0% | −2.3% | −3.4% | 411d | mixed | $18k | low OI1h/4h | ExMx | calc | |
| ExExtended | ByBybitCEX | −15.3% | −1.7% | 1.7% | −15.7% | −2.4% | −3.6% | 34d | mixed | $18k | low OI1h/4h | ExBy | calc | |
| ByBybitCEX | ExExtended | 15.3% | 1.7% | −1.7% | 15.7% | −5.9% | −8.9% | — | weak | $18k | low OI4h/1h | ByEx | calc | |
| ExExtended | BnBinanceCEX | −0.8% | 0.2% | 0.5% | 0.3% | −3.4% | −5.2% | 117d | mixed | $18k | low OI1h/4h | ExBn | 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 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.
Indicative (mark or mid prices): buy on Variational at 0.0311718, sell on MEXC at 0.031312: 0.449% before fees, 0.409% after taker fees.
| Buy ↓ · Sell → | MxMEXC0.031312 | AsAster0.0312888 | BgBitget0.031287 | ExExtended0.0312651 | ByBybit0.031259 | BnBinance0.031256 | GtGate0.031236 | VaVariational0.0311718 |
|---|---|---|---|---|---|---|---|---|
| VaVariational0.0311718 | 0.449% | 0.375% | 0.369% | 0.299% | 0.279% | 0.270% | 0.206% | — |
| GtGate0.031236 | 0.243% | 0.169% | 0.163% | 0.093% | 0.074% | 0.064% | — | −0.206% |
| BnBinance0.031256 | 0.179% | 0.105% | 0.099% | 0.029% | 0.010% | — | −0.064% | −0.270% |
| ByBybit0.031259 | 0.169% | 0.095% | 0.090% | 0.020% | — | −0.010% | −0.074% | −0.279% |
| ExExtended0.0312651 | 0.150% | 0.076% | 0.070% | — | −0.020% | −0.029% | −0.093% | −0.299% |
| BgBitget0.031287 | 0.080% | 0.006% | — | −0.070% | −0.090% | −0.099% | −0.163% | −0.369% |
| AsAster0.0312888 | 0.074% | — | −0.006% | −0.076% | −0.095% | −0.105% | −0.169% | −0.375% |
| MxMEXC0.031312 | — | −0.074% | −0.080% | −0.150% | −0.169% | −0.179% | −0.243% | −0.449% |
All quotes (8)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 0.0312888 | 0.0312888 | mark | 6m | $106k | no FX |
| BnBinanceCEX | 0.031256 | 0.031256 | mark | 6m | $14.8M | no FX |
| BgBitgetCEX | 0.031287 | 0.031287 | mark | 6m | $1.2M | no FX |
| ByBybitCEX | 0.031259 | 0.031259 | mark | 6m | $4.0M | no FX |
| ExExtended | 0.0312651 | 0.0312651 | mark | 6m | $86k | |
| GtGateCEX | 0.031236 | 0.031236 | mark | 6m | $1.2M | no FX |
| MxMEXCCEX | 0.031312 | 0.031312 | mark | 7m | $122k | no FX |
| VaVariational | 0.0311718 | 0.0311718 | mark | 6m | $4k |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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