ERA funding rate

Live Caldera perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)+0.030%Bybit

Lowest (24h)-0.131%Gate

Average (24h)-0.028%across 8 venues

Funding gap (24h)+0.161%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BybitCEX · ERAUSDT+0.0050%4h—+0.030%+10.9%$0.0649-0.046%$296.6K

KuCoinCEX · ERAUSDTM+0.0050%4h00:15:45+0.030%+10.9%$0.0649-0.108%$16.8K

BitgetCEX · ERAUSDT-0.0003%4h—-0.002%-0.7%$0.0649-0.004%$34.1K

MEXCCEX · ERA_USDT-0.0014%4h00:15:45-0.008%-3.1%$0.0649-0.015%$94.1K

BinanceCEX · ERAUSDT-0.0014%4h—-0.008%-3.1%$0.065-0.027%—

AsterPerp DEX · ERAUSDT-0.0077%4h—-0.046%-16.8%$0.0649-0.064%—

VariationalCEX · ERA-0.0153%4h—-0.092%-33.5%$0.0649—$103

GateCEX · ERA_USDT-0.0219%4h00:15:45-0.131%-48.0%$0.0649-0.185%$430.2K

ERA funding rate explained

Right now Caldera (ERA) perpetual futures trade on 8 exchanges we track. The highest funding is on Bybit at +0.030% per day, the lowest on Gate at -0.131%. The average across all venues is -0.028% per day, or about -10.4% a year. Negative funding means ERA shorts are paying longs — the market is leaning short.

The gap between the highest and lowest venue is +0.161% per day. A delta-neutral position that shorts ERA on Bybit and goes long on Gate would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live ERA arbitrage board for the price side of the trade.

Settlement intervals differ: ERA 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.

What is the ERA funding rate today?

The average ERA funding rate across 8 exchanges is -0.028% per 24 hours. It ranges from -0.131% on Gate to +0.030% on Bybit. Rates update every few seconds on this page.

Which exchange has the highest ERA funding rate?

Bybit currently has the highest ERA funding at +0.030% per day, and Gate the lowest at -0.131%.

How often is ERA funding paid?

ERA perpetuals settle funding every 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is ERA funding positive or negative?

On average it is negative (-0.028% per day): shorts pay longs.