CSOPSKHYNIX2L funding rate explained
Right now CSOPSKHYNIX2L perpetual futures trade on 7 exchanges we track. The highest funding is on Gate at 0.000% per day, the lowest on MEXC at -0.084%. The average across all venues is -0.037% per day, or about -13.6% a year. Negative funding means CSOPSKHYNIX2L shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is +0.084% per day. A delta-neutral position that shorts CSOPSKHYNIX2L on Gate and goes long on MEXC would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live CSOPSKHYNIX2L arbitrage page for the price side of the trade.
Settlement intervals differ: CSOPSKHYNIX2L funding is paid every 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: CSOPSKHYNIX2L arbitrage · funding rates for all coins.