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 122 perpetual markets on Binance right now, the average annualized funding is +8.83%, which means the venue as a whole is currently charging longs to hold. Ignoring the direction, the average market pays or charges 12.97% 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 122 perpetual markets from Binance. All of them report 24-hour volume. 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, Bybit: shorting SKHYNIX on Binance against the opposite leg on Bybit opens a gross funding spread of +83.57% annualized, which is +72.62% after both venues' taker fees. That is one snapshot of a rate that floats — 22 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: 22 of Binance's 122 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 122 perpetual markets and settles funding every 4–8 hours, mostly every 4 hours, at 0.050% taker / 0.020% maker. 22 of those markets have a counterparty on another venue with a book deep enough to trade against. The widest right now is short SKHYNIX here against Bybit, paying +72.62% 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

04:00 UTCthe next settlement, in UTC

Tradable pairs

22both 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
SSKHYNIX	Short	+83.57%	Bybit+0.00%	+72.62%+83.57% gross · 22h to break evenbooks $3.77B · $171.85M
SSNDK	Short	+60.95%	Lighter+3.50%	+48.05%+57.44% gross · 27h to break evenbooks $2.36B · $5.62M
PPUMP	Long	+10.95%	Backpack+62.10%	+37.59%+51.15% gross · 45h to break evenbooks $106.80M · $1.38M
BBCH	Short	-27.02%	Bybit-67.69%	+29.72%+40.67% gross · 45h to break evenbooks $67.77M · $17.24M
TTSLA	Short	+38.35%	Bitget+0.00%	+26.88%+38.35% gross · 2.1d to break evenbooks $52.24M · $5.05M

Show the 17 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
TTRX	Long	-13.93%	Hyperliquid+10.95%	+16.02%+24.88% gross · 2.5d to break evenbooks $42.54M · $1.40M
LLTC	Short	+1.54%	Bybit-24.85%	+15.45%+26.40% gross · 2.9d to break evenbooks $51.39M · $21.44M
EENA	Short	+10.95%	Extended-14.89%	+15.41%+25.84% gross · 2.8d to break evenbooks $89.71M · $2.42M
RRIVER	Long	+10.95%	OKX+35.54%	+14.16%+24.59% gross · 3.0d to break evenbooks $10.01M · $4.83M
EETH	Short	+2.84%	Hibachi-19.27%	+11.68%+22.11% gross · 3.3d to break evenbooks $9.59B · $2.50M
HHBAR	Long	-14.43%	Bybit+8.04%	+11.52%+22.47% gross · 3.4d to break evenbooks $20.31M · $8.28M
AADA	Long	-7.79%	Extended+11.39%	+8.74%+19.17% gross · 3.8d to break evenbooks $158.03M · $2.44M
AAXS	Short	-2.60%	OKX-17.63%	+4.60%+15.03% gross · 4.9d to break evenbooks $6.00M · $2.28M
SSYRUP	Long	+10.95%	Hyperliquid+20.29%	+0.48%+9.34% gross · 6.6d to break evenbooks $5.56M · $1.36M
HHOOD	Short	+8.18%	Bitget+0.00%	-3.29%+8.18% gross · 9.8d to break evenbooks $33.77M · $2.57M
XXAU	Long	+10.36%	Bybit+18.00%	-3.31%+7.64% gross · 10.0d to break evenbooks $1.70B · $136.69M
LLINK	Short	+10.95%	Kalshi+0.00%	-6.78%+10.95% gross · 11.3d to break evenbooks $86.92M · $1.88M
NNEAR	Short	+10.95%	Kalshi+0.00%	-6.78%+10.95% gross · 11.3d to break evenbooks $164.04M · $3.52M
XXRP	Short	+10.95%	Kalshi+0.00%	-6.78%+10.95% gross · 11.3d to break evenbooks $469.65M · $1.96M
ZZEC	Short	+10.95%	Kalshi+0.00%	-6.78%+10.95% gross · 11.3d to break evenbooks $852.19M · $11.26M
BBTC	Short	+10.88%	Kalshi+0.00%	-6.85%+10.88% gross · 11.4d to break evenbooks $12.10B · $214.17M
DDOGE	Short	+10.52%	Kalshi+0.00%	-7.21%+10.52% gross · 11.8d to break evenbooks $282.16M · $50.74M

Show the 98 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
AAPT	Short	+10.95%	N1-349.52%	+351.61%+360.47% gross · 4.1h to break evenbooks $18.24M · $637
UUSELESS	Long	+10.95%	Lighter+228.64%	+208.30%+217.69% gross · 7.2h to break evenbooks $7.79M · $166.42K
FFOGO	Short	+10.95%	Backpack-168.58%	+165.97%+179.53% gross · 13h to break evenbooks $1.95M · $166.23K
SS	Short	-2.27%	Variational-163.54%	+150.84%+161.27% gross · 11h to break evenbooks $3.10M · $23.59K
HHYUNDAI	Short	+127.27%	Aster+0.00%	+116.84%+127.27% gross · 14h to break evenbooks $2.73M · $72.10K

Show the 93 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
JJTO	Long	-11.63%	Backpack+94.32%	+92.39%+105.95% gross · 22h to break evenbooks $26.06M · $372.88K
SSTABLE	Long	-85.06%	Backpack+10.95%	+82.45%+96.01% gross · 24h to break evenbooks $1.72M · $22.08K
ZZRO	Short	+7.95%	Orderly-77.42%	+74.94%+85.37% gross · 21h to break evenbooks $8.55M · $46.71K
AARC	Short	+93.53%	Lighter+10.51%	+73.63%+83.02% gross · 19h to break evenbooks $5.71M · $34.91K
TTIA	Long	+10.95%	Backpack+90.78%	+66.27%+79.83% gross · 29h to break evenbooks $26.54M · $171.40K
HHYPE	Long	+10.95%	Hibachi+86.72%	+65.34%+75.77% gross · 23h to break evenbooks $497.05M · $457.58K
PPOL	Short	-9.57%	Variational-82.64%	+62.64%+73.07% gross · 24h to break evenbooks $13.68M · $133.81K
LLINEA	Short	+10.95%	Orderly-55.70%	+56.22%+66.65% gross · 26h to break evenbooks $3.23M · $150
MMET	Long	+10.95%	Backpack+80.36%	+55.85%+69.41% gross · 33h to break evenbooks $3.19M · $135.64K
FFARTCOIN	Long	+10.95%	Backpack+78.96%	+54.45%+68.01% gross · 33h to break evenbooks $21.16M · $98.52K
AKAITO	Short	+10.95%	N1-51.68%	+53.77%+62.63% gross · 24h to break evenbooks $71.13M · $6.23K
SSUI	Long	+10.95%	Hibachi+74.46%	+53.08%+63.51% gross · 28h to break evenbooks $125.93M · $118.18K
LLIT	Short	-2.71%	Orderly-66.11%	+52.97%+63.40% gross · 28h to break evenbooks $56.07M · $55.04K
MMORPHO	Short	+10.95%	Aster-47.84%	+48.36%+58.79% gross · 30h to break evenbooks $11.57M · $143.74K
WWIF	Short	+5.68%	Extended-50.81%	+46.05%+56.48% gross · 31h to break evenbooks $15.00M · $73.34K
PPROVE	Short	-7.67%	Aster-63.06%	+44.96%+55.39% gross · 32h to break evenbooks $1.08M · $8.19K
CCRCL	Long	+34.24%	Lighter+87.60%	+43.97%+53.36% gross · 30h to break evenbooks $178.26M · $909.69K
XXAG	Long	+7.69%	Hibachi+58.69%	+40.57%+51.00% gross · 34h to break evenbooks $769.25M · $6.13K
PPYTH	Long	+10.95%	Backpack+63.15%	+38.64%+52.20% gross · 44h to break evenbooks $9.19M · $82.09K
MMYX	Long	+10.95%	Bybit+57.70%	+35.80%+46.75% gross · 39h to break evenbooks $2.39M · $693.24K
EEIGEN	Short	+10.91%	N1-33.29%	+35.34%+44.20% gross · 34h to break evenbooks $15.92M · $241
JJUP	Short	+2.38%	Variational-39.91%	+31.86%+42.29% gross · 41h to break evenbooks $16.97M · $339.59K
SSAMSUNG	Short	+50.76%	Pacifica+10.95%	+29.38%+39.81% gross · 44h to break evenbooks $222.18M · $188.57K
VVIRTUAL	Short	-9.20%	Orderly-48.53%	+28.90%+39.33% gross · 45h to break evenbooks $22.01M · $6.23K
AAAVE	Short	+4.89%	Ethereal-34.15%	+28.61%+39.04% gross · 45h to break evenbooks $84.10M · $4.99K
SSOL	Short	+1.95%	Hibachi-34.16%	+25.68%+36.11% gross · 2.0d to break evenbooks $1.29B · $647.42K
SSKR	Long	+10.95%	Backpack+50.13%	+25.62%+39.18% gross · 2.4d to break evenbooks $951.13K · $9.41K
MMON	Long	+10.95%	Backpack+49.66%	+25.15%+38.71% gross · 2.5d to break evenbooks $7.66M · $259.60K
WWLFI	Short	+10.95%	N1-22.78%	+24.87%+33.73% gross · 44h to break evenbooks $12.26M · $233
XXPT	Short	+38.57%	Extended+3.50%	+24.64%+35.07% gross · 2.1d to break evenbooks $6.32M · $925.99K
AAVNT	Short	+10.95%	Extended-23.65%	+24.17%+34.60% gross · 2.1d to break evenbooks $2.32M · $19.20K
PPOPCAT	Short	+10.95%	Variational-23.42%	+23.94%+34.37% gross · 2.1d to break evenbooks $1.20M · $3.44K
XXPL	Short	+10.95%	N1-18.40%	+20.49%+29.35% gross · 2.1d to break evenbooks $32.90M · $331
GGMX	Long	-20.65%	Bitget+10.95%	+20.13%+31.60% gross · 2.5d to break evenbooks $1.01M · $144.38K
BBERA	Short	+7.67%	Orderly-21.40%	+18.64%+29.07% gross · 2.5d to break evenbooks $5.09M · $123.28K
EETHFI	Short	+6.73%	Orderly-21.36%	+17.66%+28.09% gross · 2.6d to break evenbooks $16.12M · $824
CCOIN	Short	+27.99%	Aster+0.00%	+17.56%+27.99% gross · 2.6d to break evenbooks $50.63M · $176.22K
AAVAX	Short	+10.95%	Extended-16.64%	+17.16%+27.59% gross · 2.6d to break evenbooks $69.01M · $605.74K
AAZTEC	Short	+10.95%	Lighter-13.14%	+14.70%+24.09% gross · 2.7d to break evenbooks $735.64K · $29.58K
PPENGU	Short	+6.17%	Variational-18.63%	+14.37%+24.80% gross · 2.9d to break evenbooks $27.87M · $26.30K
AAMZN	Short	+0.00%	Nado-24.54%	+14.11%+24.54% gross · 3.0d to break evenbooks $8.35M · —
SSPX	Short	+10.95%	Orderly-12.86%	+13.38%+23.81% gross · 3.1d to break evenbooks $7.90M · $671
CCRV	Long	-11.49%	Extended+11.39%	+12.45%+22.88% gross · 3.2d to break evenbooks $28.09M · $469.63K
DDYDX	Long	-11.41%	Aster+10.95%	+11.93%+22.36% gross · 3.3d to break evenbooks $6.55M · $1.04K
PPAXG	Short	+10.95%	N1-9.64%	+11.73%+20.59% gross · 3.0d to break evenbooks $91.84M · $18.97K
AAAPL	Short	+0.00%	Nado-20.52%	+10.09%+20.52% gross · 3.6d to break evenbooks $16.79M · —
TTRUMP	Long	-8.90%	Extended+11.39%	+9.86%+20.29% gross · 3.6d to break evenbooks $29.40M · $53.74K
AASTER	Short	+2.92%	Orderly-17.14%	+9.63%+20.06% gross · 3.6d to break evenbooks $26.67M · $485.35K
SSKY	Short	+10.95%	Nado-8.74%	+9.26%+19.69% gross · 3.7d to break evenbooks $6.68M · —
IINTC	Long	+0.00%	Nado+19.64%	+9.21%+19.64% gross · 3.7d to break evenbooks $124.00M · —
GGRASS	Short	+10.95%	Variational-8.64%	+9.16%+19.59% gross · 3.7d to break evenbooks $7.76M · $55.22K
MMEGA	Short	+10.95%	Nado-8.51%	+9.03%+19.46% gross · 3.8d to break evenbooks $5.61M · —
OOP	Short	+9.93%	Variational-7.96%	+7.46%+17.89% gross · 4.1d to break evenbooks $15.13M · $31.56K
WWLD	Short	+3.69%	Nado-14.20%	+7.46%+17.89% gross · 4.1d to break evenbooks $163.90M · —
NNVDA	Short	+1.71%	Nado-15.42%	+6.70%+17.13% gross · 4.3d to break evenbooks $114.92M · —
BBNB	Long	+11.87%	Hibachi+28.91%	+6.61%+17.04% gross · 4.3d to break evenbooks $248.46M · $24.72K
AARB	Short	-3.02%	Orderly-17.43%	+3.98%+14.41% gross · 5.1d to break evenbooks $37.55M · $26.46K
OONDO	Short	+5.69%	Nado-8.55%	+3.80%+14.23% gross · 5.1d to break evenbooks $41.00M · —
IICP	Short	+5.61%	Variational-8.55%	+3.72%+14.15% gross · 5.2d to break evenbooks $12.52M · $50.53K
SSEI	Long	-2.83%	Aster+10.95%	+3.35%+13.78% gross · 5.3d to break evenbooks $9.30M · $96.73K
TTON	Short	+10.95%	Nado-1.66%	+2.18%+12.61% gross · 5.8d to break evenbooks $17.75M · —
TTAO	Short	+10.95%	Orderly-0.67%	+1.19%+11.62% gross · 6.3d to break evenbooks $88.30M · $29.89K
XXLM	Long	-0.10%	Extended+11.39%	+1.06%+11.49% gross · 6.4d to break evenbooks $53.91M · $81.43K
PPENDLE	Short	+10.95%	Orderly-0.41%	+0.93%+11.36% gross · 6.4d to break evenbooks $11.99M · $400
UUNI	Long	+0.23%	Extended+11.39%	+0.72%+11.15% gross · 6.5d to break evenbooks $81.24M · $155.67K
DDOT	Long	+0.33%	Extended+11.39%	+0.63%+11.06% gross · 6.6d to break evenbooks $40.05M · $13.74K
GGOOGL	Long	+0.00%	Orderly+10.95%	+0.52%+10.95% gross · 6.7d to break evenbooks $17.33M · $2.11K
PPLTR	Long	+0.00%	Pacifica+10.95%	+0.52%+10.95% gross · 6.7d to break evenbooks $31.28M · $15.38K
MMSTR	Long	+0.00%	Pacifica+9.94%	-0.49%+9.94% gross · 7.3d to break evenbooks $174.08M · $106.97K
XXMR	Long	+10.95%	Backpack+23.72%	-0.79%+12.77% gross · 7.4d to break evenbooks $21.03M · $286.79K
LLDO	Short	+10.95%	Extended+1.75%	-1.23%+9.20% gross · 7.9d to break evenbooks $28.54M · $78.75K
QQQQ	Short	+7.52%	Nado-1.33%	-1.59%+8.84% gross · 8.3d to break evenbooks $152.93M · —
SSPY	Short	+8.54%	Aster+0.00%	-1.89%+8.54% gross · 8.5d to break evenbooks $45.42M · $127.37K
ZZK	Long	+2.67%	Aster+10.95%	-2.15%+8.28% gross · 8.8d to break evenbooks $3.90M · $2.30K
SSTBL	Long	+10.95%	Hyperliquid+16.88%	-2.93%+5.93% gross · 10.5d to break evenbooks $930.27K · $295.44K
SSTRK	Short	+10.95%	Backpack+0.41%	-3.02%+10.54% gross · 9.0d to break evenbooks $5.45M · $41.11K
AAMD	Long	+3.95%	Nado+11.20%	-3.18%+7.25% gross · 10.1d to break evenbooks $62.40M · —
MMSFT	Long	+0.00%	Nado+7.18%	-3.25%+7.18% gross · 10.2d to break evenbooks $19.43M · —
DDOLO	Short	+10.95%	Aster+3.85%	-3.33%+7.10% gross · 10.3d to break evenbooks $396.16K · $2.62K
MMETA	Long	+0.00%	Paradex+6.16%	-4.27%+6.16% gross · 11.8d to break evenbooks $52.95M · —
XXPD	Long	+0.00%	Lighter+3.50%	-5.89%+3.50% gross · 18.8d to break evenbooks $3.90M · $11.07K
BBMNR	Long	+0.97%	Vest+5.06%	-6.34%+4.09% gross · 17.8d to break evenbooks $9.57M · $401.08K
DDASH	Short	+10.95%	Orderly+6.88%	-6.36%+4.07% gross · 17.9d to break evenbooks $19.37M · $86
BBIRB	Short	+10.95%	Aster+7.90%	-7.38%+3.05% gross · 23.9d to break evenbooks $3.78M · $10.62K
AAERO	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $10.02M · $175.69K
CCC	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $4.25M · $40.97K
EEDEN	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $2.51M · $1.09K
FFF	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $13.39M · $3.34K
FFIL	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $42.76M · $87.18K
NNMR	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $2.64M · $8.88K
RRESOLV	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $2.80M · $2.35K
VVVV	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $15.01M · $369.85K
ZZORA	Short	+10.95%	Lighter+10.51%	-8.95%+0.44% gross · 150.0d to break evenbooks $1.41M · $2.13K

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 122 perpetuals Binance quotes, with the funding rate each one is paying right now.

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

BBTC	$64,661.2	+10.88%	8h	$12.10B	$6.86B
EETH	$1,869.75	+2.84%	8h	$9.59B	$4.58B
SSKHYNIX	$1,397.89	+83.57%	8h	$3.77B	$319.41M
SSNDK	$1,770.97	+60.95%	8h	$2.36B	$148.44M
XXAU	$4,041.91	+10.36%	4h	$1.70B	$230.86M
SSOL	$77.59	+1.95%	8h	$1.29B	$688.49M
ZZEC	$554.99	+10.95%	8h	$852.19M	$286.47M
XXAG	$58.57	+7.69%	4h	$769.25M	$157.46M
HHYPE	$65.06	+10.95%	4h	$497.05M	$329.67M
XXRP	$1.11	+10.95%	8h	$469.65M	$376.74M
DDOGE	$0.0740	+10.52%	8h	$282.16M	$188.49M
BBNB	$580.94	+11.87%	8h	$248.46M	$331.60M
SSAMSUNG	$184.96	+50.76%	8h	$222.18M	$16.51M
CCRCL	$63.28	+34.24%	8h	$178.26M	$70.05M
MMSTR	$97.92	+0.00%	8h	$174.08M	$25.89M
NNEAR	$2.01	+10.95%	8h	$164.04M	$81.44M
WWLD	$0.4151	+3.69%	8h	$163.90M	$75.12M
AADA	$0.1639	-7.79%	8h	$158.03M	$83.62M
QQQQ	$723.12	+7.52%	8h	$152.93M	$36.06M
SSUI	$0.7587	+10.95%	8h	$125.93M	$78.02M
IINTC	$109.67	+0.00%	8h	$124.00M	$25.02M
NNVDA	$212.03	+1.71%	8h	$114.92M	$38.04M
PPUMP	$0.001626	+10.95%	4h	$106.80M	$47.43M
PPAXG	$4,034.1	+10.95%	4h	$91.84M	$77.85M
EENA	$0.0835	+10.95%	4h	$89.71M	$47.61M
TTAO	$199.18	+10.95%	4h	$88.30M	$61.14M
LLINK	$8.32	+10.95%	8h	$86.92M	$71.84M
AAAVE	$98.76	+4.89%	8h	$84.10M	$55.93M
UUNI	$3.66	+0.23%	8h	$81.24M	$68.72M
AKAITO	$0.7769	+10.95%	4h	$71.13M	$51.38M
AAVAX	$6.67	+10.95%	8h	$69.01M	$51.69M
BBCH	$233.80	-27.02%	8h	$67.77M	$75.85M
AAMD	$551.80	+3.95%	8h	$62.40M	$11.28M
LLIT	$2.60	-2.71%	4h	$56.07M	$51.03M
XXLM	$0.1839	-0.10%	8h	$53.91M	$40.90M
MMETA	$660.49	+0.00%	8h	$52.95M	$9.66M
TTSLA	$397.31	+38.35%	8h	$52.24M	$21.37M
LLTC	$45.01	+1.54%	8h	$51.39M	$50.91M
CCOIN	$162.08	+27.99%	8h	$50.63M	$6.21M
SSPY	$753.53	+8.54%	8h	$45.42M	$21.72M
FFIL	$0.7840	+10.95%	8h	$42.76M	$29.23M
TTRX	$0.3258	-13.93%	8h	$42.54M	$97.97M
OONDO	$0.3181	+5.69%	4h	$41.00M	$29.54M
DDOT	$0.8574	+0.33%	8h	$40.05M	$29.84M
AARB	$0.0920	-3.02%	8h	$37.55M	$19.26M
HHOOD	$113.54	+8.18%	8h	$33.77M	$6.75M
XXPL	$0.0936	+10.95%	4h	$32.90M	$37.46M
PPLTR	$133.33	+0.00%	8h	$31.28M	$3.77M
TTRUMP	$1.57	-8.90%	4h	$29.40M	$24.82M
LLDO	$0.3262	+10.95%	8h	$28.54M	$15.48M
CCRV	$0.2229	-11.49%	8h	$28.09M	$15.90M
PPENGU	$0.006034	+6.17%	4h	$27.87M	$15.95M
AASTER	$0.6295	+2.92%	4h	$26.67M	$73.85M
TTIA	$0.4125	+10.95%	4h	$26.54M	$14.05M
JJTO	$0.6495	-11.63%	4h	$26.06M	$15.93M
VVIRTUAL	$0.5829	-9.20%	4h	$22.01M	$11.61M
FFARTCOIN	$0.1511	+10.95%	4h	$21.16M	$11.57M
XXMR	$332.26	+10.95%	8h	$21.03M	$31.12M
HHBAR	$0.0673	-14.43%	8h	$20.31M	$24.05M
MMSFT	$386.27	+0.00%	8h	$19.43M	$12.39M
DDASH	$34.33	+10.95%	8h	$19.37M	$12.83M
AAPT	$0.6245	+10.95%	8h	$18.24M	$14.99M
TTON	$1.61	+10.95%	4h	$17.75M	$12.21M
GGOOGL	$359.72	+0.00%	8h	$17.33M	$16.03M
JJUP	$0.2104	+2.38%	4h	$16.97M	$12.75M
AAAPL	$314.88	+0.00%	8h	$16.79M	$10.80M
EETHFI	$0.3943	+6.73%	4h	$16.12M	$16.15M
EEIGEN	$0.2434	+10.91%	4h	$15.92M	$8.07M
OOP	$0.1019	+9.93%	8h	$15.13M	$11.99M
VVVV	$11.04	+10.95%	4h	$15.01M	$13.32M
WWIF	$0.1561	+5.68%	4h	$15.00M	$12.35M
PPOL	$0.0846	-9.57%	4h	$13.68M	$12.75M
FFF	$0.0649	+10.95%	4h	$13.39M	$26.45M
IICP	$2.21	+5.61%	8h	$12.52M	$21.76M
WWLFI	$0.0574	+10.95%	4h	$12.26M	$102.53M
PPENDLE	$1.55	+10.95%	8h	$11.99M	$14.91M
MMORPHO	$2.01	+10.95%	4h	$11.57M	$11.89M
AAERO	$0.5057	+10.95%	4h	$10.02M	$12.70M
RRIVER	$3.33	+10.95%	4h	$10.01M	$6.08M
BBMNR	$16.27	+0.97%	8h	$9.57M	$6.22M
SSEI	$0.0484	-2.83%	8h	$9.30M	$8.07M
PPYTH	$0.0483	+10.95%	4h	$9.19M	$8.57M
ZZRO	$0.8643	+7.95%	4h	$8.55M	$14.27M
AAMZN	$247.82	+0.00%	8h	$8.35M	$7.02M
SSPX	$0.3791	+10.95%	4h	$7.90M	$3.94M
UUSELESS	$0.0856	+10.95%	4h	$7.79M	$9.53M
GGRASS	$0.3936	+10.95%	4h	$7.76M	$7.54M
MMON	$0.0226	+10.95%	4h	$7.66M	$17.50M
SSKY	$0.0612	+10.95%	4h	$6.68M	$12.23M
DDYDX	$0.1212	-11.41%	8h	$6.55M	$6.42M
XXPT	$1,635.42	+38.57%	4h	$6.32M	$3.04M
AAXS	$0.9985	-2.60%	4h	$6.00M	$6.53M
AARC	$0.0808	+93.53%	4h	$5.71M	$24.18M
MMEGA	$0.0486	+10.95%	4h	$5.61M	$6.58M
SSYRUP	$0.1903	+10.95%	4h	$5.56M	$6.78M
SSTRK	$0.0291	+10.95%	4h	$5.45M	$4.72M
BBERA	$0.1864	+7.67%	4h	$5.09M	$4.36M
PPIPPIN	$0.0165	+10.95%	4h	$4.49M	$5.54M
CCC	$0.1395	+10.95%	4h	$4.25M	$8.55M
ZZK	$0.0104	+2.67%	4h	$3.90M	$3.64M
XXPD	$1,305.06	+0.00%	4h	$3.90M	$1.67M
BBIRB	$0.0658	+10.95%	4h	$3.78M	$1.60M
LLINEA	$0.002493	+10.95%	4h	$3.23M	$3.06M
MMET	$0.1595	+10.95%	4h	$3.19M	$4.07M
SS	$0.0255	-2.27%	4h	$3.10M	$3.14M
RRESOLV	$0.0186	+10.95%	4h	$2.80M	$1.79M
HHYUNDAI	$289.17	+127.27%	8h	$2.73M	$674.58K
NNMR	$10.17	+10.95%	4h	$2.64M	$2.39M
EEDEN	$0.0431	+10.95%	4h	$2.51M	$3.17M
MMYX	$0.0717	+10.95%	4h	$2.39M	$5.03M
AAVNT	$0.0934	+10.95%	4h	$2.32M	$2.63M
FFOGO	$0.009625	+10.95%	4h	$1.95M	$1.57M
SSTABLE	$0.0373	-85.06%	4h	$1.72M	$6.18M
ZZORA	$0.006592	+10.95%	4h	$1.41M	$1.24M
DDUSK	$0.0751	+10.95%	4h	$1.40M	$2.06M
PPOPCAT	$0.0460	+10.95%	4h	$1.20M	$1.91M
PPROVE	$0.2012	-7.67%	4h	$1.08M	$2.60M
GGMX	$5.88	-20.65%	8h	$1.01M	$1.39M
SSKR	$0.009181	+10.95%	4h	$951.13K	$1.17M
SSTBL	$0.0229	+10.95%	4h	$930.27K	$1.17M
AAZTEC	$0.0140	+10.95%	4h	$735.64K	$1.34M
DDOLO	$0.0223	+10.95%	4h	$396.16K	$1.05M

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 122 perpetual markets on Binance right now, the average annualized funding is +8.83%, which means the venue as a whole is currently charging longs to hold. Ignoring the direction, the average market pays or charges 12.97% 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 122 perpetual markets from Binance. All of them report 24-hour volume. 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, Bybit: shorting SKHYNIX on Binance against the opposite leg on Bybit opens a gross funding spread of +83.57% annualized, which is +72.62% after both venues' taker fees. That is one snapshot of a rate that floats — 22 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: 22 of Binance's 122 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.