C funding rate explained
Right now Chainbase (C) perpetual futures trade on 7 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on Variational at +0.030%. The average across all venues is +0.030% per day, or about +10.9% a year. Positive funding means C 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 C on Binance and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live C arbitrage board for the price side of the trade.
Settlement intervals differ: C 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: C arbitrage · Chainbase price · funding rates for all coins.