SOON funding rates

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

· refreshed every 5 min

Best pair · 7d
12.5%long Gate, short Extended · net 7.3%
Highest funding now
36.6%GateCEX
Lowest funding now
10.9%Aster
Listed on
7 venues

Funding by venue

7d chartFlagsOpen
GateCEXSOON_USDT36.6%19.5%8.1%18.9%6.2%90%4h04:000.312$2.6M$442kGtGate
BybitCEXSOONUSDT32.1%24.4%12.4%57.0%10.4%79%4h04:000.3126$5.1M$2.7MByBybit
VariationalSOON14.0%13.0%11.5%42.3%11.3%86%4h—0.3116$117k$50kVaVariational
ExtendedSOON-USD11.4%11.4%20.5%32.0%22.1%100%1h04:000.3117$5k$83kExExtended
AsterSOONUSDT10.9%15.6%15.5%38.4%15.5%100%4h04:000.3121$310k$11kAsAster
BinanceCEXSOONUSDT10.9%11.0%19.3%30.0%20.7%100%4h04:000.3125$15.0M$5.6MBnBinance
BitgetCEXSOONUSDT10.9%10.9%10.9%36.7%10.9%100%4h04:000.3119$10.3M$506kBgBitget

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
VariationalBinanceCEX−3.0%−2.0%7.8%−14.4%5.2%7.8%4.7dcooling$117kspread not incl.VaBncalc
GateCEXBinanceCEX−25.6%−8.5%11.2%11.4%4.7%7.1%8.1dcooling$2.6MGtBncalc
VariationalExtended−2.6%−1.6%9.0%−10.3%7.7%11.6%2.0dcooling$5klow OI4h/1hspread not incl.VaExcalc
GateCEXExtended−25.2%−8.1%12.5%13.1%7.3%10.9%5.9dcooling$5klow OI4h/1hGtExcalc
BitgetCEXBinanceCEX0.0%0.0%8.4%−0.6%2.6%3.9%9.6dcooling$10.3MBgBncalc
BitgetCEXExtended0.4%0.4%9.6%−4.6%5.2%7.7%6.5dsteady$5klow OI4h/1hBgExcalc
BybitCEXExtended−20.7%−13.0%8.1%−25.0%4.0%5.9%7.2dcooling$5klow OI4h/1hByExcalc
VariationalAster−3.0%2.7%4.0%−3.9%1.9%2.9%7.3dweak$117kspread not incl.VaAscalc
GateCEXAster−25.6%−3.8%7.4%19.5%1.4%2.1%11dcooling$310kGtAscalc
BybitCEXBinanceCEX−21.2%−13.4%6.9%−28.0%1.4%2.1%11dcooling$5.1MByBncalc
AsterExtended0.4%−4.2%5.0%−6.4%1.7%2.5%9.4dcooling$5klow OI4h/1hAsExcalc
GateCEXVariational−22.6%−6.5%3.4%23.4%−0.5%−0.7%16dcooling$117kspread not incl.GtVacalc
BitgetCEXAster0.0%4.7%4.5%1.8%−0.7%−1.0%16dweak$310kBgAscalc
AsterBinanceCEX0.0%−4.7%3.8%−8.8%−0.9%−1.3%17dcooling$310kAsBncalc
BybitCEXAster−21.2%−8.7%3.1%−18.5%−1.9%−2.8%22dcooling$310kByAscalc
VariationalBybitCEX18.1%11.4%0.9%14.7%−2.0%−2.9%44dweak$117kspread not incl.VaBycalc
GateCEXBybitCEX−4.5%4.9%4.3%38.1%−2.4%−3.7%22dweak$2.6MGtBycalc
BitgetCEXVariational3.0%2.0%0.5%5.6%−2.6%−3.9%80dweak$117kspread not incl.BgVacalc
GateCEXBitgetCEX−25.6%−8.5%2.9%17.7%−4.2%−6.2%34dweak$2.6MGtBgcalc
BitgetCEXBybitCEX21.2%13.4%1.5%20.3%−4.5%−6.8%58dweak$5.1MBgBycalc
BinanceCEXExtended0.4%0.4%1.2%1.2%−2.7%−4.0%44dweak$5klow OI4h/1hBnExcalc
VariationalGateCEX22.6%6.5%−3.4%−23.4%−7.3%−11.0%—weak$117kspread not incl.VaGtcalc
BitgetCEXGateCEX25.6%8.5%−2.9%−17.7%−9.9%−14.9%—weak$2.6MBgGtcalc
BybitCEXGateCEX4.5%−4.9%−4.3%−38.1%−11.1%−16.7%—weak$2.6MByGtcalc
AsterVariational3.0%−2.7%−4.0%3.9%−6.1%−9.1%—mixed$117kspread not incl.AsVacalc
AsterBybitCEX21.2%8.7%−3.1%18.5%−8.0%−12.1%—mixed$310kAsBycalc
BinanceCEXVariational3.0%2.0%−7.8%14.4%−10.4%−15.6%—mixed$117kspread not incl.BnVacalc
BinanceCEXBybitCEX21.2%13.4%−6.9%28.0%−12.4%−18.6%—mixed$5.1MBnBycalc
AsterGateCEX25.6%3.8%−7.4%−19.5%−13.4%−20.1%—mixed$310kAsGtcalc
BinanceCEXGateCEX25.6%8.5%−11.2%−11.4%−17.8%−26.6%—mixed$2.6MBnGtcalc
ExtendedVariational2.6%1.6%−9.0%10.3%−10.3%−15.5%—mixed$5klow OI1h/4hspread not incl.ExVacalc
ExtendedBybitCEX20.7%13.0%−8.1%25.0%−12.3%−18.5%—mixed$5klow OI1h/4hExBycalc
ExtendedGateCEX25.2%8.1%−12.5%−13.1%−17.7%−26.5%—mixed$5klow OI1h/4hExGtcalc
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 03:56 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 0.311556, sell on Bybit at 0.31258: 0.328% before fees, 0.218% after taker fees.

SOON: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Bybit0.31258Binance0.312517Aster0.3121Gate0.312Bitget0.3119Extended0.311721Variational0.311556
Variational0.3115560.328%0.308%0.175%0.142%0.110%0.053%—
Extended0.3117210.275%0.255%0.122%0.090%0.057%—−0.053%
Bitget0.31190.218%0.198%0.064%0.032%—−0.057%−0.110%
Gate0.3120.186%0.166%0.032%—−0.032%−0.090%−0.142%
Aster0.31210.154%0.133%—−0.032%−0.064%−0.122%−0.175%
Binance0.3125170.020%—−0.133%−0.166%−0.198%−0.255%−0.308%
Bybit0.31258—−0.020%−0.154%−0.186%−0.218%−0.275%−0.328%
All quotes (7)
VenueBidAskQualityAgeVol 24hFlags
Aster0.31210.3121mark6m$11kno FX
BinanceCEX0.3125170.312517mark6m$5.6Mno FX
BitgetCEX0.31190.3119mark6m$506kno FX
BybitCEX0.312580.31258mark6m$2.7Mno FX
Extended0.3117210.311721mark6m$83k
GateCEX0.3120.312mark6m$442kno FX
Variational0.3115560.311556mark6m$50k

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

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