Binance Funding Rates — live across 320 markets
CEX_PERPS · 4h funding interval (majority) · paired against 27 other venues · updated every few minutesLive annualized funding for every Binance perpetual market Perpia scans. Right now 217 of 320 markets pay positive funding (longs pay shorts) and 102 pay negative, with a median of +8.3%. The widest delta-neutral spread involving Binance on a market with real depth is BIRB: long Bybit / short Binance at 443.4% net APR.
Binance at a glance
venue registryFees are the venue's published default tiers — the ones Perpia uses when a market has no per-market override. Volume and open interest are venue-wide, not per market. Binance website ↗
Binance funding rate history
last 30 days · annualizedOver the last 30 days DOOD on Binance averaged +23.9% annualized, ranging from +10.9% to +88.4%; funding was positive 100% of the time. Over the last 30 days ERA on Binance averaged -101.9% annualized, ranging from -500.0% to +30.3%; funding was positive 64% of the time. Over the last 30 days MEW on Binance averaged -5.1% annualized, ranging from -487.5% to +10.9%; funding was positive 94% of the time. Rates are sampled per settlement and annualized, so venues on different intervals stay comparable. A market that spends most of its time on one side of zero is the one worth holding; a rate that crosses zero often pays only while you watch it.
Highest funding on Binance
longs pay shortsMost negative funding on Binance
shorts pay longsBest Binance funding spreads
1,536 pairs scanned · net of fees| Market | Long | Short | Net APR | Thin leg vol | Max size |
|---|---|---|---|---|---|
| BIRB | Gate.io | Binance | 443.8% | $710K | — |
| BIRB | Bybit | Binance | 443.4% | $8.7M | — |
| ERA | Binance | Variational | 443.0% | $155K | — |
| ERA | Binance | Bybit | 440.4% | $25.5M | — |
| MEW | Binance | KuCoin | 335.3% | $1.1M | — |
| BMT | Bybit | Binance | 309.2% | $7.1M | — |
| DOOD | OKX | Binance | 293.2% | $309.4M | — |
| MEW | BingX | Binance | 288.0% | $9.9M | — |
| DOOD | BingX | Binance | 275.3% | $11.5M | — |
| INX | Gate.io | Binance | 258.1% | $54K | — |
| IOST | Gate.io | Binance | 250.2% | $5.1M | — |
| BMT | BingX | Binance | 243.3% | $2.8M | — |
Net APR is the gross funding spread minus entry and exit fees, both legs' bid/ask spread and estimated slippage. “Max size” is shown only where real order-book depth was available; a dash means the cap is a placeholder, not a measurement.
Binance versus other exchanges
most shared markets firstThe exchanges Binance currently shares the most markets with. Each pair has its own page with the live spread between the two.
Binance funding — FAQ
What is the funding rate on Binance right now?
Across the 320 Binance perpetual markets Perpia tracks, the median annualized funding is +8.3%. 217 markets currently pay positive funding (longs pay shorts) and 102 pay negative. The highest is PHAROS at +97.8%.
How often does Binance pay funding?
Most Binance markets settle funding every 4 hours (234 of 320); the rest use 8h / 1h. Perpia annualizes every rate, so intervals do not distort the comparison.
What is the best Binance funding arbitrage right now?
Long Bybit and short Binance on BIRB, worth about 443.4% net APR after estimated fees — the widest delta-neutral spread involving Binance on a market with at least $1M of 24h volume on the smaller leg in the current snapshot.
How to read a venue funding rate
Funding is a recurring payment between the long and short side of a perpetual, set by each venue from its own perp-versus-spot basis. A positive rate means longs pay shorts. Because every exchange computes it independently — different intervals, clamps and premium windows — the same market can pay positive funding here and negative elsewhere, which is what a delta-neutral funding trade harvests. Perpia annualizes every rate so venues on 1h, 4h and 8h intervals are directly comparable. See the methodology for the exact calculation.