Highest Crypto Funding Rates Right Now
The liquid perpetual futures paying the most positive funding right now on Binance, Bybit and Hyperliquid, ranked market by market. Positive funding means longs pay shorts; every rate is converted to an 8-hour equivalent and annualised (APR = 8h rate × 3 × 365).
14 liquid perps are at extreme positive funding (0.1% per 8h or more, longs pay shorts) right now; the highest is NATGAS (KuCoin NATGASUSDTM) at 0.6400% per 8h (about 700.8% APR). The median across 1248 liquid perps is 0.0088% per 8h, below the usual 0.0100% baseline, and 70% of them have positive funding (longs pay shorts). The widest gap between exchanges on this list is BULLA: 0.5196% on Gate vs 0.0368% on Aster, a 0.4828% per 8h difference.
Highest funding rates right now
50 markets · ≥ $1M 24h volume · ≥ $500K OI| Coin | Market | Funding / 8h | APR | Other exchanges | Gap | Open interest | Vol 24h | Trade |
|---|---|---|---|---|---|---|---|---|
| 1NATGAS | KuCoin NATGASUSDTM | 0.6400% | 700.8% | HTX 0.8130%HL 0.5926% | 0.0474% | $6.75M | $2.67M | Trade |
| 2NATGAS HIP-3 | Hyperliquid xyz:NATGAS | 0.5926% | 648.8% | HTX 0.8130%KuCoin 0.6400% | -0.0474% | $15.93M | $36.28M | Trade |
| 3BULLA | Gate BULLA_USDT | 0.5196% | 569.0% | Aster 0.0368%Binance 0.0485%MEXC 0.0472% | 0.4828% | $1.65M | $2.44M | Trade |
| 4XMR | Bitget XMRUSDT | 0.2930% | 320.8% | Aster 0.0762%Binance 0.0835%Bybit 0.0100%Gate 0.1501%HTX 0.0100%HL 0.0807%KuCoin -0.0205%Lighter -0.0032%MEXC 0.0859% | 0.3135% | $4.55M | $5.38M | Trade |
| 5ESPORTS | Binance ESPORTSUSDT | 0.2482% | 271.8% | Aster 0.2466%Bybit 0.2264%Gate 0.2188%KuCoin 0.3284%MEXC 0.2442% | 0.0218% | $6.20M | $4.65M | Trade |
| 6AGT | Aster AGTUSDT | 0.1693% | 185.4% | Binance 0.0697%Gate 0.0100%KuCoin 0.0100%MEXC 0.0676% | 0.1593% | $3.83M | $2.34M | Trade |
| 7XMR | Gate XMR_USDT | 0.1501% | 164.4% | Aster 0.0762%Binance 0.0835%Bitget 0.2930%Bybit 0.0100%HTX 0.0100%HL 0.0807%KuCoin -0.0205%Lighter -0.0032%MEXC 0.0859% | 0.1706% | $16.02M | $2.25M | Trade |
| 8NBIS HIP-3 | Hyperliquid io:NBIS | 0.1352% | 148.1% | Bybit 0.0419%HTX 0.0101% | 0.1002% | $3.20M | $6.14M | Trade |
| 9SIREN | Binance SIRENUSDT | 0.1329% | 145.6% | Aster 0.1181%Bitget 0.0416%Bybit 0.0888%Gate 0.2176%KuCoin 0.0576%MEXC 0.1320% | 0.0913% | $7.08M | $4.86M | Trade |
| 10ARIA | Bitget ARIAUSDT | 0.1288% | 141.0% | Aster 0.0115%Binance 0.0100%Bybit 0.0100%Gate 0.0048%KuCoin 0.0272%MEXC 0.0100% | 0.1240% | $3.04M | $16.27M | Trade |
| 11AIOT | Binance AIOTUSDT | 0.1237% | 135.4% | Aster 0.0708%Gate 0.0100%KuCoin 0.0100%MEXC 0.1202% | 0.0035% | $9.55M | $12.75M | Trade |
| 12BLUAI | Bybit BLUAIUSDT | 0.1233% | 135.1% | Aster 0.0421%Binance 0.0348%Gate 0.0972%KuCoin 0.0100%MEXC 0.0338% | 0.1133% | $1.03M | $2.91M | Trade |
| 13HANA | KuCoin HANAUSDTM | 0.1024% | 112.1% | Aster 0.0558%Binance 0.0210%Bybit 0.0116%Gate 0.0100%MEXC 0.0186% | 0.0908% | $809K | $17.82M | Trade |
| 14KIOXIA HIP-3 | Hyperliquid xyz:KIOXIA | 0.1001% | 109.6% | HTX 0.0000% | — | $3.72M | $11.81M | Trade |
| 15SIREN | Bybit SIRENUSDT | 0.0888% | 97.3% | Aster 0.1181%Binance 0.1329%Bitget 0.0416%Gate 0.2176%KuCoin 0.0576%MEXC 0.1320% | 0.0472% | $827K | $1.39M | Trade |
| 16XMR | MEXC XMR_USDT | 0.0859% | 94.1% | Aster 0.0762%Binance 0.0835%Bitget 0.2930%Bybit 0.0100%Gate 0.1501%HTX 0.0100%HL 0.0807%KuCoin -0.0205%Lighter -0.0032% | 0.1064% | $5.69M | $1.47M | Trade |
| 17XMR | Binance XMRUSDT | 0.0835% | 91.4% | Aster 0.0762%Bitget 0.2930%Bybit 0.0100%Gate 0.1501%HTX 0.0100%HL 0.0807%KuCoin -0.0205%Lighter -0.0032%MEXC 0.0859% | 0.1040% | $50.98M | $80.37M | Trade |
| 18SOON | Binance SOONUSDT | 0.0833% | 91.3% | Aster 0.0918%Bitget 0.0100%Bybit 0.0100%Gate 0.0100%KuCoin 0.0620% | 0.0733% | $10.86M | $3.15M | Trade |
| 19DODOX | Binance DODOXUSDT | 0.0833% | 91.2% | only on Binance | — | $3.58M | $2.94M | Trade |
| 20XMR | Hyperliquid XMR | 0.0807% | 88.3% | Aster 0.0762%Binance 0.0835%Bitget 0.2930%Bybit 0.0100%Gate 0.1501%HTX 0.0100%KuCoin -0.0205%Lighter -0.0032%MEXC 0.0859% | 0.1012% | $70.76M | $40.77M | Trade |
| 21TST | Binance TSTUSDT | 0.0773% | 84.7% | Aster 0.0100%MEXC 0.0780% | — | $2.08M | $3.14M | Trade |
| 22XMR | Aster XMRUSDT | 0.0762% | 83.4% | Binance 0.0835%Bitget 0.2930%Bybit 0.0100%Gate 0.1501%HTX 0.0100%HL 0.0807%KuCoin -0.0205%Lighter -0.0032%MEXC 0.0859% | 0.0967% | $890K | $1.00M | Trade |
| 23AGT | Binance AGTUSDT | 0.0697% | 76.3% | Aster 0.1693%Gate 0.0100%KuCoin 0.0100%MEXC 0.0676% | 0.0597% | $38.19M | $601.53M | Trade |
| 24AGT | MEXC AGT_USDT | 0.0676% | 74.0% | Aster 0.1693%Binance 0.0697%Gate 0.0100%KuCoin 0.0100% | 0.0576% | $4.64M | $30.91M | Trade |
| 25KOMA | Binance KOMAUSDT | 0.0672% | 73.6% | Aster 0.0119%Gate 0.1502%KuCoin 0.1692%MEXC 0.0650% | -0.0830% | $5.29M | $2.19M | Trade |
| 26XVG | Binance XVGUSDT | 0.0665% | 72.8% | Bitget 0.0100%Bybit 0.3737%KuCoin 0.1234%MEXC 0.0654% | — | $984K | $1.21M | Trade |
| 27USELESS | KuCoin USELESSUSDTM | 0.0642% | 70.3% | Aster 0.0340%Binance 0.0111%Bitget 0.0100%Bybit 0.0100%Gate 0.0100%HTX 0.0100%HL 0.0100%Lighter 0.0096%MEXC 0.0110% | 0.0546% | $3.71M | $33.37M | Trade |
| 28SOON | KuCoin SOONUSDTM | 0.0620% | 67.9% | Aster 0.0918%Binance 0.0833%Bitget 0.0100%Bybit 0.0100%Gate 0.0100% | 0.0520% | $1.75M | $4.13M | Trade |
| 29COPPER HIP-3 | Hyperliquid xyz:COPPER | 0.0603% | 66.0% | HTX 0.0548%KuCoin 0.0440%MEXC 0.0414% | 0.0189% | $4.95M | $5.02M | Trade |
| 30SNXX HIP-3 | Hyperliquid xyz:SNXX | 0.0577% | 63.2% | Bybit 0.0000%HTX 0.0000% | 0.0577% | $2.14M | $16.83M | Trade |
| 31ICNT | KuCoin ICNTUSDTM | 0.0562% | 61.5% | Binance 0.0100%Bitget 0.0100%Bybit 0.0100%Gate 0.0100%MEXC 0.0100% | 0.0462% | $1.16M | $26.43M | Trade |
| 32PLAY | Binance PLAYUSDT | 0.0524% | 57.4% | Aster 0.0444%Gate 0.2084%MEXC 0.0500% | — | $2.85M | $8.19M | Trade |
| 33NVDA HIP-3 | Hyperliquid io:NVDA | 0.0508% | 55.6% | Bybit 0.0363%HTX 0.0422% | 0.0198% | $3.27M | $29.21M | Trade |
| 34BULLA | Binance BULLAUSDT | 0.0485% | 53.1% | Aster 0.0368%Gate 0.5196%MEXC 0.0472% | 0.0116% | $6.37M | $8.75M | Trade |
| 35IDOL | Aster IDOLUSDT | 0.0483% | 52.9% | Binance 0.0258%Bitget 0.0100%Gate 0.0100%KuCoin -0.3870%MEXC 0.0242% | 0.4353% | $2.77M | $8.89M | Trade |
| 36SNDK | HTX SNDK-USDT | 0.0468% | 51.2% | Bybit 0.0194%HL 0.0118% | 0.0350% | $1.07M | $12.17M | Trade |
| 37TA | Binance TAUSDT | 0.0435% | 47.7% | Aster 0.0100%Bybit 0.0100%Gate 0.0100%KuCoin 0.0100%MEXC 0.0430% | 0.0335% | $11.99M | $4.34M | Trade |
| 38NVDA | HTX NVDA-USDT | 0.0422% | 46.2% | Bybit 0.0363%HL 0.0310% | 0.0112% | $977K | $2.76M | Trade |
| 39NBIS | Bybit NBISUSDT | 0.0419% | 45.9% | HTX 0.0101%HL 0.0350% | 0.0068% | $8.81M | $48.31M | Trade |
| 40JCT | Bitget JCTUSDT | 0.0394% | 43.1% | Aster -0.2250%Binance 0.0100%Bybit 0.0100%Gate 0.0100%HTX 0.0100%KuCoin -0.2154%MEXC 0.0100% | 0.2644% | $1.90M | $26.35M | Trade |
| 41VELVET | Binance VELVETUSDT | 0.0389% | 42.6% | Aster 0.0234%Bitget 0.0100%Bybit 0.0100%Gate 0.0100%HTX 0.0100%KuCoin 0.0100%MEXC 0.0390% | -0.0001% | $2.49M | $1.55M | Trade |
| 42PIEVERSE | KuCoin PIEVERSEUSDTM | 0.0378% | 41.4% | Aster 0.0136%Binance 0.0186%Bitget 0.0232%Bybit 0.0100%Gate 0.0100%MEXC 0.0182% | 0.0278% | $14.98M | $35.54M | Trade |
| 43NVDA | Bybit NVDAUSDT | 0.0363% | 39.8% | HTX 0.0422%HL 0.0310% | 0.0053% | $40.17M | $254.52M | Trade |
| 44BEAT | Binance BEATUSDT | 0.0355% | 38.9% | Aster 0.0443%Bitget 0.0224%Bybit 0.0265%Gate 0.0100%HTX 0.0100%KuCoin 0.0100%MEXC 0.0348% | 0.0255% | $5.59M | $7.29M | Trade |
| 45EVAA | Bybit EVAAUSDT | 0.0355% | 38.9% | Aster 0.0133%Binance 0.0100%Bitget 0.0100%Gate 0.0100%KuCoin 0.0100%MEXC 0.0100% | 0.0255% | $2.03M | $1.03M | Trade |
| 46XAU | HTX XAU-USDT | 0.0355% | 38.8% | Bybit 0.0000%MEXC 0.0174% | 0.0355% | $1.75M | $12.14M | Trade |
| 47NBIS HIP-3 | Hyperliquid xyz:NBIS | 0.0350% | 38.4% | Bybit 0.0419%HTX 0.0101% | -0.0068% | $20.39M | $131.70M | Trade |
| 48BEAT | MEXC BEAT_USDT | 0.0348% | 38.1% | Aster 0.0443%Binance 0.0355%Bitget 0.0224%Bybit 0.0265%Gate 0.0100%HTX 0.0100%KuCoin 0.0100% | 0.0248% | $10.35M | $2.51M | Trade |
| 49BLUAI | Binance BLUAIUSDT | 0.0348% | 38.1% | Aster 0.0421%Bybit 0.1233%Gate 0.0972%KuCoin 0.0100%MEXC 0.0338% | 0.0248% | $5.16M | $9.19M | Trade |
| 50SPCX | HTX SPCX-USDT | 0.0343% | 37.5% | Bybit 0.0000%HL 0.0092% | 0.0343% | $1.45M | $2.22M | Trade |
Where exchanges disagree
Full funding arbitrage scanner →Coins from the list above whose hottest market pays much more than the same coin elsewhere: longs are crowded on one exchange, not everywhere. Both legs, fees and liquidity are on the funding arbitrage page.
| Coin | Highest market | Lowest other | Gap / 8h | Gap APR |
|---|---|---|---|---|
| BULLA | Gate 0.5196% | Aster 0.0368% | 0.4828% | 528.6% |
| IDOL | Aster 0.0483% | KuCoin -0.3870% | 0.4353% | 476.6% |
| XMR | Bitget 0.2930% | KuCoin -0.0205% | 0.3135% | 343.3% |
| JCT | Bitget 0.0394% | Aster -0.2250% | 0.2644% | 289.5% |
| AGT | Aster 0.1693% | KuCoin 0.0100% | 0.1593% | 174.4% |
| ARIA | Bitget 0.1288% | Gate 0.0048% | 0.1240% | 135.8% |
| BLUAI | Bybit 0.1233% | KuCoin 0.0100% | 0.1133% | 124.1% |
| NBIS | HL 0.1352% | HL 0.0350% | 0.1002% | 109.7% |
| SIREN | Binance 0.1329% | Bitget 0.0416% | 0.0913% | 100.0% |
| HANA | KuCoin 0.1024% | Bybit 0.0116% | 0.0908% | 99.4% |
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 lowest other market of the same coin that has at least $500K open interest. See also negative funding rates.
Highest funding FAQ
What does a high funding rate mean?
Positive funding means traders who are long pay those who are short, every funding interval, as a percentage of position size. A high rate says longs are crowded and paying up to stay in the trade. Funding at 0.1% per 8 hours costs a long about 110% a year if it stayed there. It rarely does: extreme funding tends to fade, sometimes through a sharp drop that liquidates late longs.
Which coin has the highest funding rate right now?
Among perps with at least $1M 24h volume and $500K open interest, NATGAS on KuCoin (NATGASUSDTM) has the highest rate: 0.6400% per 8 hours, about 700.8% a year if it held. See the NATGAS funding rate page for every exchange side by side.
How do I compare hourly and 8-hour funding?
Hyperliquid pays funding every hour; Binance and Bybit pay every 8 hours on most perps and every 4 or 1 hours on some. Every rate on this page is converted to its 8-hour equivalent (hourly × 8, 4-hourly × 2) so they compare directly. APR is the 8-hour rate × 3 × 365, without compounding. For Hyperliquid's native hourly numbers see Hyperliquid funding rates.
Is funding rate arbitrage risk-free?
No. Going long where funding is lower and short where it is higher collects the difference only while the rates stay apart. Funding changes every interval and can flip, fees and slippage come off the edge, the two prices can drift, each leg can be liquidated on its own and you carry risk on both exchanges. The funding arbitrage scanner lists both legs with their liquidity.
Which markets are included?
Every perpetual on Binance, Bybit and Hyperliquid (including HIP-3 stock and commodity perps) with at least $1M of 24h volume and $500K of open interest. Each market is listed on its own, so the same coin can appear once per exchange. Nothing here is financial advice.