Account

NoteComputed 2026-10-09 19:44 UTC

Funding rates across exchanges. Compared over 8 hours.

A funding rate comparison across exchanges from DEBYKO's own history over the 19 days to 2026-10-09: 16 venues, 5 perpetuals (BTC, ETH, SOL, XRP, DOGE). Each rate is the venue's own, restated over 8 hours from the listing's interval in the registry. Hyperliquid had the highest rate most often (250 of the 675 instants it was compared at), Kraken Futures the lowest (238 of 677).

Result

Funding rate comparison, perpetual by perpetual.

BTC funding rate comparison

BTC on 15 venues. At the 136 instants two or more venues had a current rate, the highest minus the lowest over 8 h was 0.0154% on average (median 0.0125%). The widest was 0.0688% at 2026-10-01 00:17 UTC: Coinbase International Exchange above Avantis.

ChartBTC: mean funding over 8 h per venue, 19 days to 2026-10-09
Coinbase International Exchange0.0275%Synthetix Perps0.0093%Hyperliquid0.0089%Bitget Perpetual Futures0.0073%Aster Perpetuals0.0050%Avantis0.0049%Kraken Futures0.0047%OKX Perpetual Swaps0.0037%Bybit Perpetuals0.0033%WEEX Futures0.0029%Binance USD-M Futures0.0027%MEXC Perpetual Futures0.0027%Gate Perpetual Futures0.0019%Nado Perpetuals0.0011%dYdX v40.0001%
VenueListingIntervalCurrentStaleMean 8 hMin 8 hMax 8 hHighestLowestCompared
COINBASE-INTXBTC-PERP1h27610.0275%0.0048%0.0616%22027
SYNTHETIX-PERPBTC-USDT1h8710.0093%−0.0035%0.0100%9087
HYPERLIQUIDBTC1h13550.0089%−0.0070%0.0506%7511135
BITGET-PERPBTCUSDT8h8710.0073%−0.0011%0.0100%16187
ASTER-PERPBTCUSDT8h8800.0050%−0.0033%0.0100%1188
AVANTIS-PERPBTC-USD1h8710.0049%−0.0168%0.0096%01187
KRAKEN-FUTURESPF_XBTUSD1h14240.0047%−0.0116%0.0182%2549135
OKX-PERPBTC-USDT-SWAP8h8800.0037%−0.0008%0.0100%0388
BYBIT-PERPBTCUSDT8h8800.0033%−0.0083%0.0100%7388
WEEX-FUTUREScmt_btcusdt8h76120.0029%−0.0055%0.0100%2676
BINANCE-USDMBTCUSDT8h8800.0027%−0.0055%0.0100%2388
MEXC-PERPBTC_USDT8h8800.0027%−0.0055%0.0100%2188
GATE-PERPBTC_USDT8h8800.0019%−0.0058%0.0100%0588
NADO-PERPBTC-PERP_USDT01h8800.0011%−0.0108%0.0100%01888
DYDX-PERPBTC-USD1h8800.0001%−0.0099%0.0124%02688
Current, stale: samples as the API judged them at each instant. Highest, lowest: instants this venue had the highest or the lowest rate over 8 h, of those compared.

ETH funding rate comparison

ETH on 15 venues. At the 136 instants two or more venues had a current rate, the highest minus the lowest over 8 h was 0.0172% on average (median 0.0137%). The widest was 0.0714% at 2026-10-01 03:17 UTC: Coinbase International Exchange above Gate Perpetual Futures.

ChartETH: mean funding over 8 h per venue, 19 days to 2026-10-09
Coinbase International Exchange0.0287%Hyperliquid0.0098%Synthetix Perps0.0092%Bitget Perpetual Futures0.0081%Kraken Futures0.0064%Nado Perpetuals0.0060%Aster Perpetuals0.0055%Avantis0.0052%OKX Perpetual Swaps0.0039%Bybit Perpetuals0.0032%WEEX Futures0.0032%Binance USD-M Futures0.0031%MEXC Perpetual Futures0.0031%Gate Perpetual Futures0.0025%dYdX v40.0002%
VenueListingIntervalCurrentStaleMean 8 hMin 8 hMax 8 hHighestLowestCompared
COINBASE-INTXETH-PERP1h27610.0287%0.0016%0.0680%20027
HYPERLIQUIDETH1h13550.0098%−0.0046%0.0194%5717135
SYNTHETIX-PERPETH-USDT1h8710.0092%−0.0018%0.0100%1087
BITGET-PERPETHUSDT8h8710.0081%−0.0001%0.0100%23387
KRAKEN-FUTURESPF_ETHUSD1h14330.0064%−0.0112%0.0351%3336136
NADO-PERPETH-PERP_USDT01h8800.0060%−0.0175%0.0100%15188
ASTER-PERPETHUSDT8h8800.0055%−0.0063%0.0100%1088
AVANTIS-PERPETH-USD1h8710.0052%−0.0192%0.0096%01087
OKX-PERPETH-USDT-SWAP8h8800.0039%−0.0028%0.0100%3488
BYBIT-PERPETHUSDT8h8800.0032%−0.0244%0.0100%1688
WEEX-FUTUREScmt_ethusdt8h76120.0032%−0.0133%0.0100%1076
BINANCE-USDMETHUSDT8h8800.0031%−0.0133%0.0100%1288
MEXC-PERPETH_USDT8h8800.0031%−0.0133%0.0100%1188
GATE-PERPETH_USDT8h8800.0025%−0.0173%0.0100%1988
DYDX-PERPETH-USD1h8800.0002%−0.0271%0.0508%54788
Current, stale: samples as the API judged them at each instant. Highest, lowest: instants this venue had the highest or the lowest rate over 8 h, of those compared.

SOL funding rate comparison

SOL on 15 venues. At the 136 instants two or more venues had a current rate, the highest minus the lowest over 8 h was 0.0282% on average (median 0.0212%). The widest was 0.1912% at 2026-09-30 12:17 UTC: Coinbase International Exchange above dYdX v4.

ChartSOL: mean funding over 8 h per venue, 19 days to 2026-10-09
Coinbase International Exchange0.0283%Synthetix Perps0.0098%Hyperliquid0.0078%Kraken Futures0.0046%Bitget Perpetual Futures0.0039%Nado Perpetuals0.0031%Aster Perpetuals0.0022%WEEX Futures0.0021%Gate Perpetual Futures0.0021%OKX Perpetual Swaps0.0019%Binance USD-M Futures0.0019%MEXC Perpetual Futures0.0018%Bybit Perpetuals0.0012%dYdX v4−0.0022%Avantis−0.0027%
VenueListingIntervalCurrentStaleMean 8 hMin 8 hMax 8 hHighestLowestCompared
COINBASE-INTXSOL-PERP1h27610.0283%−0.0016%0.1912%9027
SYNTHETIX-PERPSOL-USDT1h8710.0098%0.0005%0.0100%20087
HYPERLIQUIDSOL1h13550.0078%−0.0141%0.0312%4621135
KRAKEN-FUTURESPF_SOLUSD1h14240.0046%−0.0597%0.0650%4748135
BITGET-PERPSOLUSDT8h8710.0039%−0.0112%0.0100%12787
NADO-PERPSOL-PERP_USDT01h8800.0031%−0.0209%0.0100%11388
ASTER-PERPSOLUSDT8h8800.0022%−0.0114%0.0100%2388
WEEX-FUTUREScmt_solusdt8h76120.0021%−0.0142%0.0100%2076
GATE-PERPSOL_USDT8h8800.0021%−0.0136%0.0100%4888
OKX-PERPSOL-USDT-SWAP8h8800.0019%−0.0065%0.0100%71288
BINANCE-USDMSOLUSDT8h8800.0019%−0.0142%0.0100%2188
MEXC-PERPSOL_USDT8h8800.0018%−0.0142%0.0100%2088
BYBIT-PERPSOLUSDT8h8800.0012%−0.0229%0.0100%2488
DYDX-PERPSOL-USD1h880−0.0022%−0.0164%0.0052%01788
AVANTIS-PERPSOL-USD1h871−0.0027%−0.0880%0.0096%01287
Current, stale: samples as the API judged them at each instant. Highest, lowest: instants this venue had the highest or the lowest rate over 8 h, of those compared.

XRP funding rate comparison

XRP on 16 venues. At the 136 instants two or more venues had a current rate, the highest minus the lowest over 8 h was 0.0250% on average (median 0.0211%). The widest was 0.0894% at 2026-10-03 09:17 UTC: GMX v2 (Arbitrum) above dYdX v4.

ChartXRP: mean funding over 8 h per venue, 19 days to 2026-10-09
GMX v2 (Arbitrum)0.0120%Hyperliquid0.0118%Synthetix Perps0.0100%Nado Perpetuals0.0095%Bitget Perpetual Futures0.0094%Coinbase International Exchange0.0082%Kraken Futures0.0055%Aster Perpetuals0.0046%Gate Perpetual Futures0.0043%OKX Perpetual Swaps0.0041%Bybit Perpetuals0.0040%Avantis0.0035%Binance USD-M Futures0.0035%MEXC Perpetual Futures0.0035%WEEX Futures0.0027%dYdX v4−0.0081%
VenueListingIntervalCurrentStaleMean 8 hMin 8 hMax 8 hHighestLowestCompared
GMX-PERPXRP-USD_WETH-USDC1h8710.0120%−0.0040%0.0181%49387
HYPERLIQUIDXRP1h13550.0118%−0.0002%0.0876%3414135
SYNTHETIX-PERPXRP-USDT1h8710.0100%0.0098%0.0100%1087
NADO-PERPXRP-PERP_USDT01h8800.0095%−0.0022%0.0100%11088
BITGET-PERPXRPUSDT8h8710.0094%−0.0007%0.0100%0087
COINBASE-INTXXRP-PERP1h27610.0082%−0.0104%0.0512%9727
KRAKEN-FUTURESPF_XRPUSD1h14330.0055%−0.0465%0.0554%3250136
ASTER-PERPXRPUSDT8h8800.0046%−0.0127%0.0100%0088
GATE-PERPXRP_USDT8h8800.0043%−0.0078%0.0100%0088
OKX-PERPXRP-USDT-SWAP8h8800.0041%−0.0091%0.0100%0188
BYBIT-PERPXRPUSDT8h8800.0040%−0.0146%0.0100%0288
AVANTIS-PERPXRP-USD1h8710.0035%−0.0272%0.0096%01087
BINANCE-USDMXRPUSDT8h8800.0035%−0.0166%0.0100%0188
MEXC-PERPXRP_USDT8h8800.0035%−0.0166%0.0100%0188
WEEX-FUTUREScmt_xrpusdt8h76120.0027%−0.0166%0.0100%0476
DYDX-PERPXRP-USD1h880−0.0081%−0.0768%0.0032%04588
Current, stale: samples as the API judged them at each instant. Highest, lowest: instants this venue had the highest or the lowest rate over 8 h, of those compared.

DOGE funding rate comparison

DOGE on 16 venues. At the 136 instants two or more venues had a current rate, the highest minus the lowest over 8 h was 0.0196% on average (median 0.0182%). The widest was 0.0927% at 2026-09-22 00:17 UTC: Hyperliquid above Kraken Futures.

ChartDOGE: mean funding over 8 h per venue, 19 days to 2026-10-09
GMX v2 (Arbitrum)0.0150%Hyperliquid0.0140%Avantis0.0100%Bitget Perpetual Futures0.0100%Synthetix Perps0.0099%Coinbase International Exchange0.0099%Nado Perpetuals0.0084%Kraken Futures0.0082%OKX Perpetual Swaps0.0075%Gate Perpetual Futures0.0060%Binance USD-M Futures0.0056%MEXC Perpetual Futures0.0056%WEEX Futures0.0051%Aster Perpetuals0.0050%Bybit Perpetuals0.0036%dYdX v40.0027%
VenueListingIntervalCurrentStaleMean 8 hMin 8 hMax 8 hHighestLowestCompared
GMX-PERPDOGE-USD_WETH-USDC1h8710.0150%0.0056%0.0191%58087
HYPERLIQUIDDOGE1h13550.0140%−0.0042%0.0861%3814135
AVANTIS-PERPDOGE-USD1h8710.0100%−0.0014%0.0230%0287
BITGET-PERPDOGEUSDT8h8710.0100%0.0100%0.0100%1087
SYNTHETIX-PERPDOGE-USDT1h8710.0099%0.0035%0.0101%0187
COINBASE-INTXDOGE-PERP1h27610.0099%−0.0024%0.0264%5027
NADO-PERPDOGE-PERP_USDT01h8800.0084%−0.0130%0.0100%1088
KRAKEN-FUTURESPF_DOGEUSD1h14240.0082%−0.0280%0.0495%2955135
OKX-PERPDOGE-USDT-SWAP8h8800.0075%−0.0093%0.0100%0688
GATE-PERPDOGE_USDT8h8800.0060%−0.0075%0.0100%0588
BINANCE-USDMDOGEUSDT8h8800.0056%−0.0115%0.0100%0288
MEXC-PERPDOGE_USDT8h8800.0056%−0.0115%0.0100%0088
WEEX-FUTUREScmt_dogeusdt8h76120.0051%−0.0115%0.0100%0276
ASTER-PERPDOGEUSDT8h6040.0050%−0.0093%0.0100%0260
BYBIT-PERPDOGEUSDT8h8800.0036%−0.0200%0.0100%01888
DYDX-PERPDOGE-USD1h8800.0027%0.0000%0.0445%43188
Current, stale: samples as the API judged them at each instant. Highest, lowest: instants this venue had the highest or the lowest rate over 8 h, of those compared.
Highest and lowest

Which venues had the highest and the lowest rate.

VenueComparedHighestShareLowestShare
HYPERLIQUID67525037.0%7711.4%
KRAKEN-FUTURES67716624.5%23835.2%
BINANCE-USDM4405—9—
BYBIT-PERP44010—33—
DYDX-PERP4409—166—
GATE-PERP4405—27—
MEXC-PERP4405—3—
NADO-PERP44038—22—
OKX-PERP44010—26—
AVANTIS-PERP4350—45—
BITGET-PERP43552—11—
SYNTHETIX-PERP43531—1—
ASTER-PERP4124—6—
WEEX-FUTURES3805—12—
GMX-PERP174107—3—
COINBASE-INTX13565—7—
Over every compared perpetual: at how many instants the venue had a current rate beside another venue, and how often it was the highest or the lowest over 8 h. A share is given only over a venue's listings compared at 100 instants or more, and the counts beside it are theirs; a venue with no such listing shows its totals and no share (a venue halted for most of the window, or collected for part of it, would otherwise lead on a handful of instants).
Not compared

Rates without an 8 h equivalent.

Every listing of these perpetuals that published a rate had an interval in the registry, so every rate was restated over 8 h.

Method

How this was measured.

  • Data window: 2026-09-20 00:00 UTC to 2026-10-09 00:00 UTC, 19 days. The job asks for 30 days; stored history of the sampled listings begins later.
  • Computed at: 2026-10-09 19:44 UTC, by a job that recomputes the note on the first of every month.

Sampled 8 times a day, at 00:17, 03:17, 06:17, 09:17, 12:17, 15:17, 18:17, 21:17 UTC: 146 instants. Each sample is what POST /v2/snapshots/history with at answers for that instant: the newest stored rate, current or stale by the same rules as a live answer. Only current rates are compared. Where a venue lists a perpetual more than once (against USDT and USDC), the listing with the most current samples counts. funding_8h = funding × 8 h / the listing's interval in the registry. The perpetuals are BTC and ETH, then, of those whose funding is collected on 12 venues or more, the ones with the most 24 h turnover summed over their listings at the window's last sampled instant, each compared at 100 instants or more: 5 in all.

More notes

The other notes.

All notesFunding rate 8h vs 1hHow often market data is stale
Documentation

Read further.

Funding rate APICrypto funding rates across exchanges, liveCross-venue funding ratesHistorical funding rate data