COIN funding rates

COIN perpetual funding is currently quoted across 15 venues, ranging from +0.0% to +11.6% APR. The most reliable delta-neutral pairing for COIN right now is long Variational / short Phoenix at +5.5% net APR (medium risk, ~1.8d to break even).

as of 2026-09-12 14:32 UTC
Best delta-neutral pairing
Long Variational / Short Phoenix
+5.5% net APR
Backtested (30d)
+8.2%
Stability
85.5%
Risk
medium
Breakeven
~1.8d

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

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COIN funding by exchange

ExchangeFunding APR
TradeXYZ+11.57%
TxFlow+10.95%
Phoenix+9.93%
Ondo+5.52%
Polymarket+5.47%
SoDEX+5.47%
Decibel+5.26%
Arcus+4.18%
Lighter RH+3.50%
Lighter+3.50%
QFEX+0.00%
Variational+0.00%
Grvt+0.00%
Aster+0.00%
Extended+0.00%

Frequently asked

What is the COIN funding rate right now?

COIN perpetual funding ranges from 0.00% to 11.57% APR across 15 exchanges we track; the widest delta-neutral spread is long Variational / short Phoenix at 5.5% net APR.

Which exchange has the highest COIN funding rate?

TradeXYZ currently has the highest at 11.57% APR. See the full ranking above.