BOB funding rate explained
Right now BOB (Build on Bitcoin) (BOB) perpetual futures trade on 1 exchange we track. The highest funding is on Binance at +4.761% per day, the lowest on Binance at +4.761%. The average across all venues is +4.761% per day, or about +1737.9% a year. Positive funding means BOB longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts BOB on Binance and goes long on Binance would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live BOB arbitrage board for the price side of the trade.
Settlement intervals differ: BOB 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: BOB arbitrage · BOB (Build on Bitcoin) price · funding rates for all coins.