Negative funding rates right now
50 markets · ≥ $1M 24h volume · ≥ $500K OI| Coin | Market | Funding / 8h | APR | Other exchanges | Gap | Open interest | Vol 24h | Trade |
|---|---|---|---|---|---|---|---|---|
| 1SAGA | Bybit SAGAUSDT | -1.2630% | -1383.0% | Binance -1.0779%HL -0.9257% | -0.3373% | $1.52M | $12.42M | Trade ↗ |
| 2SAGA | Binance SAGAUSDT | -1.0779% | -1180.4% | Bybit -1.2630%HL -0.9257% | -0.1523% | $9.89M | $79.74M | Trade ↗ |
| 3SAGA | Hyperliquid SAGA | -0.9257% | -1013.6% | Binance -1.0779%Bybit -1.2630% | 0.1523% | $1.18M | $2.31M | Trade ↗ |
| 4LSK | Bybit LSKUSDT | -0.8657% | -947.9% | Binance -0.7501% | -0.1155% | $3.15M | $12.21M | Trade ↗ |
| 5LSK | Binance LSKUSDT | -0.7501% | -821.4% | Bybit -0.8657% | 0.1155% | $15.01M | $62.97M | Trade ↗ |
| 6BLAST | Bybit BLASTUSDT | -0.4347% | -476.0% | only on Bybit | — | $597K | $1.33M | Trade ↗ |
| 7ONE | Binance ONEUSDT | -0.2916% | -319.3% | only on Binance | — | $9.91M | $37.87M | Trade ↗ |
| 82Z | Binance 2ZUSDT | -0.2679% | -293.3% | Bybit -0.1576%HL -0.0716% | -0.1962% | $6.51M | $52.35M | Trade ↗ |
| 9NCLD HIP-3 | Hyperliquid xyz:NCLD | -0.2610% | -285.8% | Bybit 0.0000% | — | $938K | $1.08M | Trade ↗ |
| 10PEAQ | Bybit PEAQUSDT | -0.2188% | -239.6% | only on Bybit | — | $690K | $2.12M | Trade ↗ |
| 11COTI | Binance COTIUSDT | -0.1907% | -208.8% | Bybit -0.1235% | -0.0672% | $8.27M | $21.35M | Trade ↗ |
| 12RARE | Binance RAREUSDT | -0.1788% | -195.8% | Bybit -0.0108% | -0.1681% | $6.16M | $237.52M | Trade ↗ |
| 132Z | Bybit 2ZUSDT | -0.1576% | -172.6% | Binance -0.2679%HL -0.0716% | -0.0860% | $1.72M | $18.86M | Trade ↗ |
| 14CVC | Binance CVCUSDT | -0.1502% | -164.5% | Bybit -0.0563% | -0.0939% | $2.89M | $4.44M | Trade ↗ |
| 15ESP | Binance ESPUSDT | -0.1407% | -154.0% | Bybit -0.0230% | -0.1177% | $2.75M | $15.10M | Trade ↗ |
| 16VTHO | Binance VTHOUSDT | -0.1378% | -150.9% | only on Binance | — | $4.35M | $13.59M | Trade ↗ |
| 17COW | Binance COWUSDT | -0.1315% | -144.0% | Bybit -0.1111% | -0.0204% | $2.54M | $19.60M | Trade ↗ |
| 18COTI | Bybit COTIUSDT | -0.1235% | -135.2% | Binance -0.1907% | 0.0672% | $1.28M | $2.49M | Trade ↗ |
| 19COW | Bybit COWUSDT | -0.1111% | -121.7% | Binance -0.1315% | 0.0204% | $723K | $5.67M | Trade ↗ |
| 20PLTR HIP-3 | Hyperliquid xyz:PLTR | -0.0888% | -97.2% | Bybit -0.0216% | -0.0672% | $14.17M | $3.85M | Trade ↗ |
| 21JASMY | Bybit JASMYUSDT | -0.0736% | -80.6% | Binance -0.0640% | -0.0096% | $2.40M | $5.20M | Trade ↗ |
| 22T | Binance TUSDT | -0.0718% | -78.6% | Bybit 0.0100% | -0.0818% | $2.57M | $10.65M | Trade ↗ |
| 232Z | Hyperliquid 2Z | -0.0716% | -78.4% | Binance -0.2679%Bybit -0.1576% | 0.0860% | $3.47M | $3.18M | Trade ↗ |
| 24STEEM | Binance STEEMUSDT | -0.0711% | -77.8% | Bybit -0.0488% | -0.0223% | $2.03M | $5.65M | Trade ↗ |
| 25INTC HIP-3 | Hyperliquid xyz:INTC | -0.0706% | -77.3% | Bybit 0.0000% | -0.0706% | $153.21M | $9.85M | Trade ↗ |
| 26SUN | Binance SUNUSDT | -0.0704% | -77.1% | Bybit -0.0820% | 0.0115% | $1.83M | $1.15M | Trade ↗ |
| 27TRX | Hyperliquid TRX | -0.0647% | -70.9% | Binance -0.0442%Bybit -0.0283% | -0.0364% | $13.20M | $2.93M | Trade ↗ |
| 28FLOCK | Binance FLOCKUSDT | -0.0641% | -70.1% | Bybit 0.0100% | -0.0741% | $4.13M | $7.66M | Trade ↗ |
| 29JASMY | Binance JASMYUSDT | -0.0640% | -70.1% | Bybit -0.0736% | 0.0096% | $4.25M | $17.12M | Trade ↗ |
| 30MAGIC | Binance MAGICUSDT | -0.0542% | -59.3% | Bybit -0.2394% | — | $2.93M | $12.57M | Trade ↗ |
| 31ORDI | Bybit ORDIUSDT | -0.0510% | -55.8% | Binance 0.0096%HL 0.0100% | -0.0610% | $2.00M | $5.56M | Trade ↗ |
| 32KMNO | Binance KMNOUSDT | -0.0508% | -55.6% | Bybit 0.0100% | -0.0608% | $4.33M | $33.62M | Trade ↗ |
| 33STEEM | Bybit STEEMUSDT | -0.0488% | -53.4% | Binance -0.0711% | 0.0223% | $611K | $1.01M | Trade ↗ |
| 34TRX | Binance TRXUSDT | -0.0442% | -48.4% | Bybit -0.0283%HL -0.0647% | -0.0159% | $105.24M | $40.41M | Trade ↗ |
| 35INJ | Binance INJUSDT | -0.0429% | -47.0% | Bybit 0.0100%HL 0.0100% | -0.0529% | $34.37M | $63.09M | Trade ↗ |
| 36G | Binance GUSDT | -0.0427% | -46.8% | only on Binance | — | $5.42M | $6.00M | Trade ↗ |
| 37WAXP | Binance WAXPUSDT | -0.0363% | -39.7% | Bybit 0.0100% | — | $1.39M | $4.63M | Trade ↗ |
| 38RUNE | Bybit RUNEUSDT | -0.0306% | -33.5% | Binance 0.0100%HL 0.0184% | -0.0490% | $2.33M | $11.58M | Trade ↗ |
| 39TRX | Bybit TRXUSDT | -0.0283% | -31.0% | Binance -0.0442%HL -0.0647% | 0.0159% | $25.74M | $8.91M | Trade ↗ |
| 40ORCL HIP-3 | Hyperliquid xyz:ORCL | -0.0282% | -30.9% | Bybit 0.0000% | -0.0282% | $24.15M | $1.08M | Trade ↗ |
| 41RKLB HIP-3 | Hyperliquid xyz:RKLB | -0.0277% | -30.3% | Bybit -0.0224% | -0.0053% | $10.51M | $1.38M | Trade ↗ |
| 42IN | Binance INUSDT | -0.0245% | -26.9% | Bybit -0.1085% | — | $2.42M | $16.13M | Trade ↗ |
| 43ZK | Bybit ZKUSDT | -0.0242% | -26.5% | Binance 0.0100%HL 0.0100% | -0.0342% | $2.72M | $1.47M | Trade ↗ |
| 44META | Bybit METAUSDT | -0.0236% | -25.9% | HL -0.0173% | -0.0064% | $3.78M | $2.24M | Trade ↗ |
| 45AMD HIP-3 | Hyperliquid xyz:AMD | -0.0231% | -25.3% | only on Hyperliquid | — | $16.80M | $8.02M | Trade ↗ |
| 46ESP | Bybit ESPUSDT | -0.0230% | -25.2% | Binance -0.1407% | 0.1177% | $574K | $2.63M | Trade ↗ |
| 47CRWV HIP-3 | Hyperliquid xyz:CRWV | -0.0210% | -23.0% | Bybit 0.0000% | -0.0210% | $8.11M | $1.25M | Trade ↗ |
| 48HOOD HIP-3 | Hyperliquid xyz:HOOD | -0.0206% | -22.5% | Bybit 0.0000% | -0.0206% | $41.18M | $1.44M | Trade ↗ |
| 49ZIL | Binance ZILUSDT | -0.0200% | -21.9% | Bybit -0.0193% | -0.0007% | $3.94M | $2.66M | Trade ↗ |
| 50CL HIP-3 | Hyperliquid xyz:CL | -0.0194% | -21.3% | Bybit 0.0000% | -0.0194% | $140.13M | $29.88M | Trade ↗ |
Where exchanges disagree
Full funding arbitrage scanner →Coins from the list above whose most negative market sits far below the same coin elsewhere: shorts are crowded on one exchange, not everywhere. Both legs, fees and liquidity are on the funding arbitrage page.
| Coin | Most negative market | Highest other | Gap / 8h | Gap APR |
|---|---|---|---|---|
| SAGA | Bybit -1.2630% | HL -0.9257% | 0.3373% | 369.4% |
| 2Z | Binance -0.2679% | HL -0.0716% | 0.1962% | 214.9% |
| RARE | Binance -0.1788% | Bybit -0.0108% | 0.1681% | 184.0% |
| ESP | Binance -0.1407% | Bybit -0.0230% | 0.1177% | 128.8% |
| LSK | Bybit -0.8657% | Binance -0.7501% | 0.1155% | 126.5% |
| CVC | Binance -0.1502% | Bybit -0.0563% | 0.0939% | 102.8% |
| T | Binance -0.0718% | Bybit 0.0100% | 0.0818% | 89.5% |
| FLOCK | Binance -0.0641% | Bybit 0.0100% | 0.0741% | 81.1% |
| INTC | HL -0.0706% | Bybit 0.0000% | 0.0706% | 77.3% |
| COTI | Binance -0.1907% | Bybit -0.1235% | 0.0672% | 73.6% |
How to read it. Each row is one perpetual market; the same coin can appear once per exchange. Funding is shown per 8 hours for every exchange (Hyperliquid's hourly rate × 8, 4-hourly rates × 2). Positive = longs pay shorts, negative = shorts pay longs. Green is above the usual 0.01% / 8h baseline, red is negative, bold is extreme (≥ 0.1% / 8h). Gap compares the market with the highest other market of the same coin that has at least $500K open interest. See also highest funding rates.