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BABA funding rate live

The open-interest-weighted BABA funding rate is 0.0262% per 8 hours (≈29% APR) across 3 perpetual markets, so longs pay shorts. The highest rate is 0.0287% on Hyperliquid (xyz:BABA) and the lowest 0.0000% on Bybit (BABAUSDT), a spread of 0.0287% per 8h (≈31% APR). These markets hold $14.28M of open interest. Rates are converted to an 8-hour equivalent so exchanges with different funding intervals compare directly. Funding is paid every hour on Hyperliquid and every 8 hours on Bybit and HTX. The next payment is on Hyperliquid (xyz:BABA) at 19:00 UTC, in 1m, at a predicted 0.00359% for its 1h interval.

Tracking for ~6h Updates every 5 s BABA overview

Funding, 8hOI-weighted
0.0262%
≈29% APRlongs pay shorts
HighestHyperliquid
0.0287%
≈31% APRxyz:BABA
LowestBybit
0.0000%
≈0% APRBABAUSDT
Spread between exchanges
0.0287%
≈31% APRArbitrage →

BABA funding rate by exchange

8h equivalent · hover a rate for the exact APR
Market Funding 8h APR Interval Next funding Settles in Who pays Open interest OI share 24h volume Price Trade
Hyperliquid xyz:BABA 0.0287% 31% 1h 0.00359% 1m Longs pay $13.04M 91.3% $525K 110.66 Trade
Bybit BABAUSDT 0.0000% 0% 8h 0.0000% 5h 01m Neither $1.21M 8.5% $827K 110.74 Trade
HTX BABA-USDT 0.0000% 0% 8h 0.0000% 5h 01m Neither $29K 0.2% $2,324 110.76 Trade

Sorted by open interest. Exchanges settle funding every 1, 4 or 8 hours. Funding 8h and APR convert every rate to 8 hours so they compare directly; Next funding is the predicted payment for the market's own interval at its next settlement, which moves with the premium until then. Where an exchange publishes no settlement time (Hyperliquid, Gate), it is the next whole interval on the UTC clock, when those exchanges settle. Trade links go to the exchange and may be referral links. Compare every coin on the funding rates page.

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BABA funding history

From recorded history, hourly

BABA funding has averaged 0.0064% per 8 hours since 13:15 UTC on 27 Sep (≈7% APR), positive in 50% of hourly readings, so longs mostly paid shorts.

BABA funding rate

OI-weighted, 8h

Chart: TradingView Lightweight Charts™

BABA funding rate by exchange

8h equivalent, per exchange

Chart: TradingView Lightweight Charts™

About the BABA funding rate

What is the BABA funding rate?

BABA perpetual futures never expire, so exchanges keep their price near spot with funding: a periodic payment between longs and shorts. When the perp trades above spot, the rate is positive and longs pay shorts; below spot it turns negative and shorts pay longs. The payment is a percentage of position size, charged every 1, 4 or 8 hours depending on the exchange.

How to read it

Binance and Bybit's default rate when the perp is in line with spot is 0.0100% per 8h (about 11% APR). Well above that means leveraged longs are paying up to hold BABA; negative means shorts are crowded. The APR column shows what holding a position costs or earns over a year at today's rate. A wide spread between exchanges is what funding arbitrage traders look for.

Why do exchanges show different rates?

Each exchange computes funding from its own order book and premium, so the BABA rate differs by venue, and intervals differ too. Volume Monitor converts every rate to an 8-hour equivalent and weights the headline figure by open interest. Rates update every few seconds from the exchanges' public feeds.

When is the next BABA funding payment?

Each market settles on its own schedule: the Interval and Settles in columns above show it per exchange. Only traders holding a position at the settlement time pay or receive. The Next funding column is the predicted payment for that interval: the rate the exchange currently shows, which keeps moving with the perp's premium until settlement, so the final figure can differ. The funding history below shows how the BABA rate has moved.