BITO funding rate explained
Right now BITO Coin (BITO) perpetual futures trade on 5 exchanges we track. The highest funding is on Binance at 0.000% per day, the lowest on HTX at 0.000%. The average across all venues is 0.000% per day, or about 0.0% a year.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts BITO on Binance and goes long on HTX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live BITO arbitrage board for the price side of the trade.
Settlement intervals differ: BITO funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: BITO arbitrage · BITO Coin price · funding rates for all coins.