What is the funding rate on Binance?

There is no single rate — every market has its own, and it moves every funding period. Across all 123 perpetual markets on Binance right now, the average annualized funding is +6.17%, which means the venue as a whole is currently charging longs to hold. Ignoring the direction, the average market pays or charges 8.48% annualized, and that is roughly what being on the right side of it is worth. The live rate for every individual market is in the table on this page.

How often does Binance pay funding?

Binance settles funding every 4–8 hours, mostly every 4 hours. The interval matters more than it looks: a rate quoted per hour and a rate quoted per eight hours are not comparable until they are put on the same basis, so every figure on this site is normalized to an 8-hour basis before it is compared or ranked.

What are Binance's trading fees?

Binance charges 0.050% to take liquidity and 0.020% to make it. These are the fees used in every net-APR figure on this page: a funding trade pays the taker fee four times (in and out of both legs), which is exactly why a wide spread held briefly can still lose money.

How many markets does Binance list?

We collect 123 perpetual markets from Binance. 122 of them report 24-hour volume, so the venue's volume total is understated rather than complete. Every one is listed with its mark price, funding rate and funding interval in the book on this page.

Which exchange pairs best with Binance for funding arbitrage?

Right now, Extended: going long on XMR on Binance against the opposite leg on Extended opens a gross funding spread of +95.40% annualized, which is +84.97% after both venues' taker fees. That is one snapshot of a rate that floats — 16 of Binance's markets currently have a counterparty on a book deep enough to trade, and all of them are ranked on this page.

Is Binance good for funding arbitrage?

As one leg, yes: 16 of Binance's 123 markets have a counterparty on another venue where both books cleared $1.00M in the last 24 hours, and its 0.050% taker fee is charged twice in a round trip on this leg. What decides the trade is the OTHER venue — the spread is the distance between two funding rates, so a venue is never good or bad on its own. The pairs above name the counterparty for each market.

← All exchanges

Binance funding rates and fees

CEX
Custodial
KYC required
125× max leverage
Since 2019

Binance lists 123 perpetual markets and settles funding every 4–8 hours, mostly every 4 hours, at 0.050% taker / 0.020% maker. 16 of those markets have a counterparty on another venue with a book deep enough to trade against. The widest right now is long XMR here against Extended, paying +84.97% annualized after both venues' taker fees.

The largest crypto derivatives venue by volume and open interest, and the reference price for most of the market. USDT-margined perpetuals settle funding every 8 hours. Deepest books of any venue we track, which makes it the usual anchor leg of a funding-arbitrage pair; the trade-off is full KYC and custodial balances.

Taker fee

0.050%0.020% maker

Funding settles

4–8hevery 4–8 hours, mostly every 4 hours

Next funding

20:00 UTCthe next settlement, in UTC

Tradable pairs

16both books over $1.00M in 24h

Trade on Binance

The pairs

Where Binance is worth trading — and against whom.

Every market here, matched against the venue that opens the widest funding gap against it. The axis draws both rates on one scale, and the lit bar between them is the spread — the money. Net APR is what that spread pays after both venues' taker fees, held a week.

The first tradable pairs on Binance: the side you take here, the funding rate on each venue, and the net APR after both venues' taker fees.
Market	Your side here	On Binance	Best counterparty	Net APR
XXMR	Long	+83.30%	Extended+178.70%	+84.97%+95.40% gross · 18h to break evenbooks $25.79M · $1.74M
ZZEC	Long	+10.95%	Extended+91.10%	+69.72%+80.15% gross · 22h to break evenbooks $901.21M · $3.23M
HHYPE	Short	-10.28%	Backpack-89.80%	+65.95%+79.51% gross · 29h to break evenbooks $504.98M · $14.10M
LLIT	Short	+10.95%	Extended-50.81%	+51.33%+61.76% gross · 28h to break evenbooks $29.00M · $1.69M
AARC	Long	+42.37%	Bybit+102.64%	+49.32%+60.27% gross · 31h to break evenbooks $2.24M · $2.60M

Show the 11 other pairs

The remaining tradable pairs on Binance: the side you take here, the funding rate on each venue, and the net APR after both venues' taker fees.
Market	Your side here	On Binance	Best counterparty	Net APR
XXAU	Long	+0.00%	Polymarket+32.03%	+24.73%+32.03% gross · 38h to break evenbooks $254.20M · $1.56M
AAVNT	Short	+10.95%	OKX-21.35%	+21.87%+32.30% gross · 2.3d to break evenbooks $1.75M · $1.03M
AASTER	Long	+10.95%	Aster+42.30%	+20.92%+31.35% gross · 2.3d to break evenbooks $28.40M · $30.15M
RRIVER	Short	+34.82%	Bitget+10.95%	+12.40%+23.87% gross · 3.4d to break evenbooks $25.48M · $4.30M
SSOL	Long	-14.90%	Backpack+10.95%	+12.29%+25.85% gross · 3.7d to break evenbooks $1.32B · $10.07M
SSNDK	Long	+0.00%	Hyperliquid+16.08%	+7.22%+16.08% gross · 3.9d to break evenbooks $186.44M · $15.05M
EETH	Long	+1.29%	RiseX+18.02%	+6.30%+16.73% gross · 4.4d to break evenbooks $2.87B · $4.50M
BBCH	Short	-0.25%	Bybit-16.58%	+5.38%+16.33% gross · 4.7d to break evenbooks $39.38M · $6.56M
BBTC	Short	+10.80%	RiseX-4.74%	+5.11%+15.54% gross · 4.7d to break evenbooks $4.46B · $26.24M
TTRUMP	Short	-4.04%	Backpack-20.32%	+2.72%+16.28% gross · 5.8d to break evenbooks $862.87M · $2.33M
MMETA	Long	+0.00%	Hyperliquid+5.48%	-3.38%+5.48% gross · 11.3d to break evenbooks $4.78M · $3.16M

Show the 102 pairs on books too thin to trade

The first pairs on books too thin to trade on Binance: the side you take here, the funding rate on each venue, and the net APR after both venues' taker fees.
Market	Your side here	On Binance	Best counterparty	Net APR
SS	Short	+10.95%	N1-660.50%	+662.59%+671.45% gross · 2.2h to break evenbooks $2.80M · $3.06K
JJUP	Long	+10.95%	N1+579.04%	+559.23%+568.09% gross · 2.6h to break evenbooks $9.46M · $521
SSKR	Short	-6.12%	Backpack-210.24%	+190.56%+204.12% gross · 11h to break evenbooks $18.82M · $186.73K
SSTABLE	Long	+10.95%	Backpack+190.56%	+166.05%+179.61% gross · 13h to break evenbooks $3.76M · $12.62K
SSKHYNIX	Long	+64.36%	Polymarket+207.84%	+136.18%+143.48% gross · 8.6h to break evenbooks $111.02M · $92.37K

Show the 97 other thin pairs

The remaining pairs on books too thin to trade on Binance: the side you take here, the funding rate on each venue, and the net APR after both venues' taker fees.
Market	Your side here	On Binance	Best counterparty	Net APR
MMORPHO	Short	+10.95%	N1-115.63%	+117.72%+126.58% gross · 12h to break evenbooks $5.65M · —
MMET	Long	+4.96%	Backpack+125.13%	+106.61%+120.17% gross · 19h to break evenbooks $3.17M · $65.95K
CCRV	Short	-9.01%	Extended-118.26%	+98.82%+109.25% gross · 16h to break evenbooks $10.47M · $66.08K
AKAITO	Long	+8.36%	N1+104.24%	+87.02%+95.88% gross · 16h to break evenbooks $10.34M · $3
WWLFI	Short	+10.95%	Backpack-83.32%	+80.71%+94.27% gross · 24h to break evenbooks $19.62M · $83.12K
CCC	Long	+10.95%	Backpack+94.64%	+70.13%+83.69% gross · 27h to break evenbooks $4.16M · $15.46K
MMON	Short	-10.50%	N1-87.60%	+68.24%+77.10% gross · 19h to break evenbooks $7.46M · $1.32K
FFARTCOIN	Long	+10.95%	N1+86.72%	+66.91%+75.77% gross · 20h to break evenbooks $18.60M · $495
EENA	Short	-2.99%	Orderly-80.01%	+66.59%+77.02% gross · 23h to break evenbooks $270.00M · $281.00K
AAERO	Short	+10.95%	N1-56.94%	+59.03%+67.89% gross · 22h to break evenbooks $6.00M · —
DDOGE	Short	+2.44%	Polymarket-63.43%	+58.57%+65.87% gross · 19h to break evenbooks $196.04M · $32.01K
CCOIN	Short	+0.00%	Polymarket-65.29%	+57.99%+65.29% gross · 19h to break evenbooks $5.83M · $470.97K
PPAXG	Short	+4.68%	N1-58.69%	+54.51%+63.37% gross · 24h to break evenbooks $18.86M · $1.54K
SSTRK	Short	+10.95%	Backpack-52.83%	+50.22%+63.78% gross · 36h to break evenbooks $3.62M · $4.10K
EEIGEN	Short	+10.95%	Nado-49.07%	+49.59%+60.02% gross · 29h to break evenbooks $3.48M · —
AADA	Short	-6.37%	Polymarket-61.68%	+48.01%+55.31% gross · 22h to break evenbooks $65.15M · $73.98K
XXRP	Short	-5.46%	Hibachi-62.20%	+46.30%+56.73% gross · 31h to break evenbooks $555.51M · $167.70K
AAXS	Short	+2.41%	Aster-53.33%	+45.31%+55.74% gross · 31h to break evenbooks $3.17M · $6.66K
PPUMP	Short	+10.95%	Backpack-46.61%	+44.00%+57.56% gross · 40h to break evenbooks $145.49M · $147.61K
VVIRTUAL	Short	+10.95%	Lighter-42.05%	+43.61%+53.00% gross · 30h to break evenbooks $12.79M · $55.05K
OOP	Short	-6.87%	Backpack-63.73%	+43.30%+56.86% gross · 40h to break evenbooks $13.18M · $40.13K
LLDO	Short	+2.81%	Backpack-53.91%	+43.16%+56.72% gross · 40h to break evenbooks $8.14M · $48.20K
NNEAR	Long	+2.02%	Backpack+57.09%	+41.51%+55.07% gross · 41h to break evenbooks $61.88M · $159.69K
JJTO	Long	-0.42%	Backpack+52.85%	+39.71%+53.27% gross · 43h to break evenbooks $9.61M · $73.45K
PPENGU	Short	+10.95%	Variational-37.47%	+37.99%+48.42% gross · 36h to break evenbooks $37.96M · $217.16K
HHOOD	Long	+0.00%	Polymarket+43.15%	+35.85%+43.15% gross · 28h to break evenbooks $2.26M · $13.07K
WWLD	Long	-38.37%	Backpack+10.95%	+35.76%+49.32% gross · 46h to break evenbooks $76.93M · $91.82K
TTAO	Long	+10.95%	RiseX+56.90%	+35.52%+45.95% gross · 38h to break evenbooks $61.48M · $272.79K
TTON	Long	+0.00%	Aster+43.80%	+33.37%+43.80% gross · 40h to break evenbooks — · $447.55K
SSUI	Short	-3.08%	Polymarket-42.35%	+31.98%+39.28% gross · 31h to break evenbooks $107.05M · $312.93K
AARB	Short	-4.06%	Lighter-44.68%	+31.23%+40.62% gross · 39h to break evenbooks $9.48M · $271.54K
XXPL	Short	+10.95%	N1-28.91%	+31.00%+39.86% gross · 37h to break evenbooks $22.77M · $30
HHBAR	Short	+10.95%	Variational-30.40%	+30.92%+41.35% gross · 42h to break evenbooks $15.60M · $27.10K
FFIL	Short	-1.05%	Hyperliquid-40.76%	+30.85%+39.71% gross · 38h to break evenbooks $21.74M · $630.17K
EETHFI	Short	+9.99%	Aster-30.32%	+29.88%+40.31% gross · 43h to break evenbooks $8.39M · $74.24K
SSAMSUNG	Long	+0.00%	Polymarket+36.62%	+29.32%+36.62% gross · 33h to break evenbooks $8.31M · $2.78K
FFF	Long	+10.95%	Bitget+51.68%	+29.26%+40.73% gross · 47h to break evenbooks $4.11M · $398.70K
PPOL	Short	+4.75%	Orderly-32.87%	+27.18%+37.61% gross · 47h to break evenbooks $11.97M · $668.25K
SSEI	Short	+1.18%	Variational-36.05%	+26.80%+37.23% gross · 47h to break evenbooks $4.25M · $9.28K
AAMD	Long	+0.00%	Nado+35.06%	+24.63%+35.06% gross · 2.1d to break evenbooks $2.72M · —
WWIF	Short	+10.95%	Variational-23.80%	+24.32%+34.75% gross · 2.1d to break evenbooks $14.87M · $74.74K
ZZK	Short	+10.95%	Variational-23.67%	+24.19%+34.62% gross · 2.1d to break evenbooks $3.13M · $2.26K
ZZRO	Short	+10.95%	Orderly-22.32%	+22.84%+33.27% gross · 2.2d to break evenbooks $17.19M · $27.24K
DDYDX	Short	+2.65%	Lighter-27.16%	+20.41%+29.80% gross · 2.2d to break evenbooks $1.11M · $1.20K
IICP	Short	+10.95%	Variational-19.69%	+20.21%+30.64% gross · 2.4d to break evenbooks $21.17M · $40.40K
MMSFT	Long	+0.00%	Polymarket+26.48%	+19.18%+26.48% gross · 46h to break evenbooks $4.76M · $63.05K
OONDO	Short	-8.78%	N1-35.04%	+17.40%+26.26% gross · 2.4d to break evenbooks $32.49M · $142
BBNB	Long	+0.00%	N1+24.53%	+15.67%+24.53% gross · 2.5d to break evenbooks $146.22M · $4.52K
VVVV	Short	-4.85%	Backpack-34.05%	+15.63%+29.19% gross · 3.3d to break evenbooks $16.73M · $38.88K
LLINEA	Short	+10.95%	Bybit-14.54%	+14.54%+25.49% gross · 3.0d to break evenbooks $1.04M · $323.25K
BBERA	Short	+10.95%	Backpack-16.49%	+13.88%+27.44% gross · 3.5d to break evenbooks $1.53M · $23.73K
AAAVE	Long	+4.87%	RiseX+29.14%	+13.84%+24.27% gross · 3.0d to break evenbooks $50.66M · $136.44K
TTIA	Short	+5.98%	Backpack-20.29%	+12.71%+26.27% gross · 3.6d to break evenbooks $10.68M · $26.34K
AAPT	Short	-4.40%	Lighter-26.28%	+12.49%+21.88% gross · 3.0d to break evenbooks $14.37M · $111.86K
MMSTR	Long	+22.51%	Nado+45.07%	+12.13%+22.56% gross · 3.2d to break evenbooks $32.31M · —
IINTC	Long	+0.00%	Paradex+20.46%	+10.03%+20.46% gross · 3.6d to break evenbooks $9.03M · —
RRESOLV	Short	+10.95%	Bybit-9.70%	+9.70%+20.65% gross · 3.7d to break evenbooks $548.42K · $131.51K
XXAG	Long	+0.00%	Polymarket+16.97%	+9.67%+16.97% gross · 3.0d to break evenbooks $133.03M · $258.98K
LLTC	Short	+10.95%	Extended-8.76%	+9.28%+19.71% gross · 3.7d to break evenbooks $33.95M · $61.37K
UUNI	Short	+10.95%	Variational-8.17%	+8.69%+19.12% gross · 3.8d to break evenbooks $70.50M · $581.92K
PPOPCAT	Short	+10.95%	Lighter-7.01%	+8.57%+17.96% gross · 3.7d to break evenbooks $3.55M · $45.17K
SSTBL	Long	+10.95%	Bybit+29.65%	+7.75%+18.70% gross · 4.1d to break evenbooks $2.04M · $542.19K
XXPT	Long	+0.00%	Paradex+17.68%	+7.25%+17.68% gross · 4.1d to break evenbooks $1.23M · $602
AAAPL	Short	+0.00%	Nado-16.31%	+5.88%+16.31% gross · 4.5d to break evenbooks $8.25M · —
DDOLO	Long	+10.95%	Lighter+24.53%	+4.19%+13.58% gross · 4.8d to break evenbooks $2.04M · $18.76K
AAVAX	Short	+6.92%	Backpack-10.18%	+3.54%+17.10% gross · 5.5d to break evenbooks $33.17M · $63.78K
TTSLA	Long	+0.00%	Nado+13.69%	+3.26%+13.69% gross · 5.3d to break evenbooks $7.78M · —
SSKY	Short	+10.95%	Nado-0.52%	+1.04%+11.47% gross · 6.4d to break evenbooks $1.99M · —
TTRX	Long	-0.40%	Aster+10.95%	+0.92%+11.35% gross · 6.4d to break evenbooks $37.80M · $159.76K
CCRCL	Long	+0.00%	Pacifica+10.95%	+0.52%+10.95% gross · 6.7d to break evenbooks $25.72M · $21.40K
GGOOGL	Long	+0.00%	Orderly+10.95%	+0.52%+10.95% gross · 6.7d to break evenbooks $8.32M · $1.37K
NNVDA	Long	+0.00%	Orderly+10.95%	+0.52%+10.95% gross · 6.7d to break evenbooks $23.20M · $13.33K
PPLTR	Long	+0.00%	Pacifica+10.95%	+0.52%+10.95% gross · 6.7d to break evenbooks $2.66M · $15.34K
SSPX	Long	+10.95%	Lighter+20.15%	-0.19%+9.20% gross · 7.1d to break evenbooks $10.94M · $77.44K
MMEGA	Short	+10.95%	Nado+0.94%	-0.42%+10.01% gross · 7.3d to break evenbooks $1.79M · —
DDOT	Short	+1.60%	Backpack-11.33%	-0.63%+12.93% gross · 7.3d to break evenbooks $21.10M · $21.60K
LLINK	Long	+2.04%	Extended+11.39%	-1.08%+9.35% gross · 7.8d to break evenbooks $60.88M · $96.83K
SSPY	Short	+0.00%	Nado-8.77%	-1.66%+8.77% gross · 8.3d to break evenbooks $12.21M · —
AAMZN	Short	+0.00%	Nado-7.14%	-3.29%+7.14% gross · 10.2d to break evenbooks $4.90M · —
HHYUNDAI	Long	+0.00%	Hyperliquid+5.48%	-3.38%+5.48% gross · 11.3d to break evenbooks $132.25K · $61.17K
XXLM	Long	+4.39%	Aster+10.95%	-3.87%+6.56% gross · 11.1d to break evenbooks $21.99M · $62.00K
QQQQ	Short	+0.00%	Nado-6.21%	-4.22%+6.21% gross · 11.8d to break evenbooks $19.63M · —
UUSELESS	Short	+10.95%	Orderly+5.80%	-5.28%+5.15% gross · 14.2d to break evenbooks $4.85M · $23.84K
BBMNR	Long	+0.00%	Lighter+3.50%	-5.89%+3.50% gross · 18.8d to break evenbooks $3.35M · $80.80K
XXPD	Long	+0.00%	Lighter+3.50%	-5.89%+3.50% gross · 18.8d to break evenbooks $2.64M · $11.13K
AAZTEC	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $358.17K · $12.90K
DDASH	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $38.98M · $71.42K
EEDEN	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $25.85M · $3.39K
FFOGO	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $9.39M · $73.52K
GGMX	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $1.79M · $12.22K
GGRASS	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $2.87M · $47.68K
NNMR	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $1.33M · $8.23K
PPYTH	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $5.27M · $10.03K
SSYRUP	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $2.14M · $43.77K
ZZORA	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $1.77M · $16.78K
PPENDLE	Short	+10.95%	Orderly+9.62%	-9.10%+1.33% gross · 54.8d to break evenbooks $6.94M · $235.34K
DDUSK	Long	+10.95%	Extended+11.39%	-9.99%+0.44% gross · 166.7d to break evenbooks $2.06M · —

A pair counts as tradable when both legs did more than $1.00Mof volume in the last 24 hours: a wide spread across two thin books is arithmetic, not a trade. Rates are annualized and 8h-normalized, so an hourly venue and an 8-hour one are directly comparable. Net APR can be negative — the fees have eaten the spread — and those pairs are shown greyed rather than hidden, because “not worth it” is an answer. Funding is a floating rate: it can flip before it has paid you back.

The book

Every market on Binance

All 123 perpetuals Binance quotes, with the funding rate each one is paying right now. Only 122 of them report volume, so the venue total above is understated rather than wrong.

Every perpetual market on Binance, with its mark price, annualized funding rate, funding interval, 24-hour volume and open interest.

BBTC	$78,190.4	+10.80%	8h	$4.46B	$8.43B
EETH	$2,452.39	+1.29%	8h	$2.87B	$5.77B
SSOL	$105.30	-14.90%	8h	$1.32B	$906.14M
ZZEC	$829.22	+10.95%	8h	$901.21M	$470.02M
TTRUMP	$2.67	-4.04%	4h	$862.87M	$83.12M
XXRP	$1.40	-5.46%	8h	$555.51M	$435.47M
HHYPE	$82.75	-10.28%	4h	$504.98M	$360.93M
EENA	$0.1563	-2.99%	4h	$270.00M	$94.72M
XXAU	$4,470.01	+0.00%	4h	$254.20M	$399.75M
DDOGE	$0.0852	+2.44%	8h	$196.04M	$226.47M
SSNDK	$1,490.38	+0.00%	8h	$186.44M	$307.07M
BBNB	$693.40	+0.00%	8h	$146.22M	$433.32M
PPUMP	$0.004841	+10.95%	4h	$145.49M	$113.98M
XXAG	$66.69	+0.00%	4h	$133.03M	$211.37M
SSKHYNIX	$1,229.33	+64.36%	4h	$111.02M	$321.29M
SSUI	$0.7458	-3.08%	8h	$107.05M	$93.92M
WWLD	$0.3753	-38.37%	8h	$76.93M	$63.60M
UUNI	$4.64	+10.95%	8h	$70.50M	$81.42M
AADA	$0.2015	-6.37%	8h	$65.15M	$78.86M
NNEAR	$1.86	+2.02%	8h	$61.88M	$75.14M
TTAO	$236.24	+10.95%	4h	$61.48M	$67.17M
LLINK	$11.43	+2.04%	8h	$60.88M	$113.14M
AAAVE	$124.15	+4.87%	8h	$50.66M	$57.62M
BBCH	$247.06	-0.25%	8h	$39.38M	$94.89M
DDASH	$41.60	+10.95%	8h	$38.98M	$14.97M
PPENGU	$0.009142	+10.95%	4h	$37.96M	$28.34M
TTRX	$0.3392	-0.40%	8h	$37.80M	$85.73M
LLTC	$48.84	+10.95%	8h	$33.95M	$58.55M
AAVAX	$7.32	+6.92%	8h	$33.17M	$57.73M
OONDO	$0.3528	-8.78%	4h	$32.49M	$43.26M
MMSTR	$128.97	+22.51%	8h	$32.31M	$50.39M
LLIT	$3.49	+10.95%	4h	$29.00M	$59.43M
AASTER	$0.6978	+10.95%	4h	$28.40M	$77.44M
EEDEN	$0.0660	+10.95%	4h	$25.85M	$4.85M
XXMR	$463.91	+83.30%	8h	$25.79M	$42.70M
CCRCL	$88.14	+0.00%	8h	$25.72M	$76.75M
RRIVER	$1.67	+34.82%	4h	$25.48M	$7.59M
NNVDA	$218.94	+0.00%	8h	$23.20M	$46.53M
XXPL	$0.0868	+10.95%	4h	$22.77M	$34.98M
XXLM	$0.1791	+4.39%	8h	$21.99M	$31.55M
FFIL	$0.6805	-1.05%	8h	$21.74M	$35.18M
IICP	$2.51	+10.95%	8h	$21.17M	$23.63M
DDOT	$0.8422	+1.60%	8h	$21.10M	$28.45M
QQQQ	$717.87	+0.00%	8h	$19.63M	$63.53M
WWLFI	$0.0577	+10.95%	4h	$19.62M	$114.17M
PPAXG	$4,459.38	+4.68%	4h	$18.86M	$64.16M
SSKR	$0.0108	-6.12%	4h	$18.82M	$2.42M
FFARTCOIN	$0.1959	+10.95%	4h	$18.60M	$19.07M
ZZRO	$1.09	+10.95%	4h	$17.19M	$22.93M
VVVV	$16.45	-4.85%	4h	$16.73M	$13.38M
HHBAR	$0.0755	+10.95%	8h	$15.60M	$27.08M
WWIF	$0.2029	+10.95%	4h	$14.87M	$17.73M
AAPT	$0.5429	-4.40%	8h	$14.37M	$17.45M
OOP	$0.0892	-6.87%	8h	$13.18M	$14.54M
VVIRTUAL	$0.6994	+10.95%	4h	$12.79M	$16.53M
SSPY	$771.08	+0.00%	8h	$12.21M	$30.92M
PPOL	$0.1024	+4.75%	4h	$11.97M	$21.69M
SSPX	$0.5225	+10.95%	4h	$10.94M	$7.09M
TTIA	$0.3386	+5.98%	4h	$10.68M	$10.03M
CCRV	$0.3035	-9.01%	8h	$10.47M	$19.49M
AKAITO	$0.3160	+8.36%	4h	$10.34M	$12.33M
JJTO	$0.4932	-0.42%	4h	$9.61M	$10.54M
AARB	$0.0878	-4.06%	8h	$9.48M	$17.72M
JJUP	$0.2185	+10.95%	4h	$9.46M	$11.72M
FFOGO	$0.007534	+10.95%	4h	$9.39M	$2.24M
IINTC	$90.31	+0.00%	8h	$9.03M	$58.45M
EETHFI	$0.5407	+9.99%	4h	$8.39M	$22.44M
GGOOGL	$346.12	+0.00%	8h	$8.32M	$64.21M
SSAMSUNG	$188.12	+0.00%	4h	$8.31M	$24.88M
AAAPL	$320.67	+0.00%	8h	$8.25M	$19.01M
LLDO	$0.3583	+2.81%	8h	$8.14M	$15.01M
TTSLA	$350.59	+0.00%	8h	$7.78M	$41.36M
MMON	$0.0267	-10.50%	4h	$7.46M	$27.24M
PPENDLE	$1.70	+10.95%	8h	$6.94M	$15.23M
AAERO	$0.4921	+10.95%	4h	$6.00M	$14.26M
CCOIN	$179.48	+0.00%	8h	$5.83M	$13.14M
MMORPHO	$2.43	+10.95%	4h	$5.65M	$11.15M
PPYTH	$0.0485	+10.95%	4h	$5.27M	$8.37M
AAMZN	$265.83	+0.00%	8h	$4.90M	$12.89M
UUSELESS	$0.0626	+10.95%	4h	$4.85M	$3.78M
MMETA	$578.71	+0.00%	8h	$4.78M	$26.59M
MMSFT	$515.79	+0.00%	8h	$4.76M	$23.93M
SSEI	$0.0460	+1.18%	8h	$4.25M	$7.34M
CCC	$0.1182	+10.95%	4h	$4.16M	$10.83M
FFF	$0.0923	+10.95%	4h	$4.11M	$34.95M
SSTABLE	$0.0266	+10.95%	4h	$3.76M	$4.36M
SSTRK	$0.0249	+10.95%	4h	$3.62M	$4.54M
PPOPCAT	$0.0543	+10.95%	4h	$3.55M	$2.43M
EEIGEN	$0.1941	+10.95%	4h	$3.48M	$5.25M
BBMNR	$24.38	+0.00%	8h	$3.35M	$11.73M
MMET	$0.2010	+4.96%	4h	$3.17M	$3.57M
AAXS	$0.9001	+2.41%	4h	$3.17M	$5.25M
ZZK	$0.008285	+10.95%	4h	$3.13M	$3.44M
GGRASS	$0.3618	+10.95%	4h	$2.87M	$7.13M
SS	$0.0297	+10.95%	4h	$2.80M	$3.92M
AAMD	$468.94	+0.00%	8h	$2.72M	$9.09M
PPLTR	$186.14	+0.00%	8h	$2.66M	$9.90M
XXPD	$1,436.62	+0.00%	4h	$2.64M	$4.49M
HHOOD	$104.94	+0.00%	8h	$2.26M	$7.95M
AARC	$0.0714	+42.37%	4h	$2.24M	$21.60M
SSYRUP	$0.1771	+10.95%	4h	$2.14M	$6.06M
PPIPPIN	$0.0185	+10.95%	4h	$2.12M	$5.37M
DDUSK	$0.0665	+10.95%	4h	$2.06M	$2.55M
SSTBL	$0.0286	+10.95%	4h	$2.04M	$2.09M
DDOLO	$0.0254	+10.95%	4h	$2.04M	$1.17M
SSKY	$0.0682	+10.95%	4h	$1.99M	$12.46M
MMEGA	$0.0384	+10.95%	4h	$1.79M	$4.36M
GGMX	$8.21	+10.95%	8h	$1.79M	$2.09M
ZZORA	$0.006097	+10.95%	4h	$1.77M	$1.90M
AAVNT	$0.1004	+10.95%	4h	$1.75M	$3.17M
BBERA	$0.1698	+10.95%	4h	$1.53M	$3.77M
NNMR	$9.02	+10.95%	4h	$1.33M	$1.40M
MMYX	$0.0715	+10.95%	4h	$1.27M	$4.85M
XXPT	$1,841.94	+0.00%	4h	$1.23M	$5.04M
DDYDX	$0.1089	+2.65%	8h	$1.11M	$4.12M
LLINEA	$0.00248	+10.95%	4h	$1.04M	$2.76M
BBIRB	$0.0556	+10.95%	4h	$957.35K	$1.32M
SSTRC	$97.55	+0.00%	8h	$933.23K	$5.17M
RRESOLV	$0.0177	+10.95%	4h	$548.42K	$1.71M
AAZTEC	$0.0135	+10.95%	4h	$358.17K	$1.55M
HHYUNDAI	$290.53	+0.00%	4h	$132.25K	$1.12M
HHANMI	$158.91	+0.00%	8h	$26.61K	$83.09K
TTON	$1.60	+0.00%	4h	—	$17.69M

The evidence

How much size Binance can absorb

Volume says how much trades here; open interest says how much is actually held. Neither is the reason to put a leg on this venue — the pairs above are — but both decide whether the leg you want will fill.

Each point is the rolling 24-hour figure as of that hour.

FAQ

Binance, answered

What is the funding rate on Binance?: There is no single rate — every market has its own, and it moves every funding period. Across all 123 perpetual markets on Binance right now, the average annualized funding is +6.17%, which means the venue as a whole is currently charging longs to hold. Ignoring the direction, the average market pays or charges 8.48% annualized, and that is roughly what being on the right side of it is worth. The live rate for every individual market is in the table on this page.
How often does Binance pay funding?: Binance settles funding every 4–8 hours, mostly every 4 hours. The interval matters more than it looks: a rate quoted per hour and a rate quoted per eight hours are not comparable until they are put on the same basis, so every figure on this site is normalized to an 8-hour basis before it is compared or ranked.
What are Binance's trading fees?: Binance charges 0.050% to take liquidity and 0.020% to make it. These are the fees used in every net-APR figure on this page: a funding trade pays the taker fee four times (in and out of both legs), which is exactly why a wide spread held briefly can still lose money.
How many markets does Binance list?: We collect 123 perpetual markets from Binance. 122 of them report 24-hour volume, so the venue's volume total is understated rather than complete. Every one is listed with its mark price, funding rate and funding interval in the book on this page.
Which exchange pairs best with Binance for funding arbitrage?: Right now, Extended: going long on XMR on Binance against the opposite leg on Extended opens a gross funding spread of +95.40% annualized, which is +84.97% after both venues' taker fees. That is one snapshot of a rate that floats — 16 of Binance's markets currently have a counterparty on a book deep enough to trade, and all of them are ranked on this page.
Is Binance good for funding arbitrage?: As one leg, yes: 16 of Binance's 123 markets have a counterparty on another venue where both books cleared $1.00M in the last 24 hours, and its 0.050% taker fee is charged twice in a round trip on this leg. What decides the trade is the OTHER venue — the spread is the distance between two funding rates, so a venue is never good or bad on its own. The pairs above name the counterparty for each market.