BNB funding rates

BNB perpetual funding is currently quoted across 19 venues, ranging from -24.5% to +35.1% APR. The most reliable delta-neutral pairing for BNB right now is long Extended / short Phoenix at +47.6% net APR (low risk, ~1.9d to break even).

as of 2026-07-29 10:02 UTC

Best delta-neutral pairing

Long Extended / Short Phoenix

+47.6% net APR

Backtested (30d): +10.7%
Stability: 90.1%
Risk: low
Breakeven: ~1.9d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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BNB funding by exchange

Exchange	Funding APR	Interval
Phoenix	+35.13%	1h
HotStuff	+26.28%	1h
RiseX	+16.18%	1h
Hyperliquid	+10.95%	8h
Hyena	+10.95%	8h
Pacifica	+10.95%	1h
Variational	+10.95%	8h
SoDEX	+10.95%	1h
EdgeX	+10.95%	4h
Nado	+10.95%	8h
Paradex	+10.94%	8h
Decibel	+10.51%	1h
Lighter	+10.51%	1h
Aster	+9.47%	8h
Grvt	+6.57%	8h
Hibachi	+3.50%	8h
Kraken	+0.50%	1h
dYdX	+0.00%	1h
Extended	-24.53%	1h

Frequently asked

What is the BNB funding rate right now?

BNB perpetual funding ranges from -24.53% to 35.13% APR across 19 exchanges we track; the widest delta-neutral spread is long Extended / short Phoenix at 47.6% net APR.

Which exchange has the highest BNB funding rate?

Phoenix currently has the highest at 35.13% APR. See the full ranking above.

What is funding rate arbitrage?

The strategy behind every number on this page

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Ranked by fee-adjusted net APR