FRAX funding rate

Live Legacy Frax Dollar perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…

Highest (24h)+0.030%Binance

Lowest (24h)+0.030%Aster

Average (24h)+0.030%across 6 venues

Funding gap (24h)0.000%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BinanceCEX · FRAXUSDT+0.0050%4h—+0.030%+10.9%$0.2944+0.004%—

BitgetCEX · FRAXUSDT+0.0050%4h—+0.030%+10.9%$0.2945+0.041%$143.5K

MEXCCEX · FRAX_USDT+0.0050%4h02:58:39+0.030%+10.9%$0.2944-0.034%$121.9K

GateCEX · FRAX_USDT+0.0050%4h02:58:39+0.030%+10.9%$0.2943+0.034%$2.7K

KuCoinCEX · FRAXUSDTM+0.0050%4h02:58:39+0.030%+10.9%$0.29430.000%$16.5K

AsterPerp DEX · FRAXUSDT+0.0050%4h—+0.030%+10.9%$0.2945+0.026%—

FRAX funding rate explained

Right now Legacy Frax Dollar (FRAX) perpetual futures trade on 6 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on Aster at +0.030%. The average across all venues is +0.030% per day, or about +10.9% a year. Positive funding means FRAX 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 FRAX on Binance 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 FRAX arbitrage board for the price side of the trade.

Settlement intervals differ: FRAX 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 FRAX funding rate today?

The average FRAX funding rate across 6 exchanges is +0.030% per 24 hours. It ranges from +0.030% on Aster to +0.030% on Binance. Rates update every few seconds on this page.

Which exchange has the highest FRAX funding rate?

Binance currently has the highest FRAX funding at +0.030% per day, and Aster the lowest at +0.030%.

How often is FRAX funding paid?

FRAX 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 FRAX funding positive or negative?

On average it is positive (+0.030% per day): longs pay shorts.