B funding rate explained
Right now BUILDon (B) perpetual futures trade on 7 exchanges we track. The highest funding is on Bybit at +0.224% per day, the lowest on KuCoin at +0.030%. The average across all venues is +0.139% per day, or about +50.6% a year. Positive funding means B longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.194% per day. A delta-neutral position that shorts B on Bybit and goes long on KuCoin would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live B arbitrage board for the price side of the trade.
Settlement intervals differ: B funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: B arbitrage · BUILDon price · funding rates for all coins.