FHE funding rate explained
Right now Mind Network (FHE) perpetual futures trade on 6 exchanges we track. The highest funding is on Bybit at +0.332% per day, the lowest on Aster at +0.030%. The average across all venues is +0.080% per day, or about +29.3% a year. Positive funding means FHE longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.302% per day. A delta-neutral position that shorts FHE on Bybit and goes long on Aster would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live FHE arbitrage board for the price side of the trade.
Settlement intervals differ: FHE 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: FHE arbitrage · Mind Network price · funding rates for all coins.