KODEX200 funding rate explained
Right now KODEX200 perpetual futures trade on 5 exchanges we track. The highest funding is on Bybit at 0.000% per day, the lowest on Binance at -0.255%. The average across all venues is -0.097% per day, or about -35.2% a year. Negative funding means KODEX200 shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is +0.255% per day. A delta-neutral position that shorts KODEX200 on Bybit and goes long on Binance would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live KODEX200 arbitrage page for the price side of the trade.
Settlement intervals differ: KODEX200 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: KODEX200 arbitrage · funding rates for all coins.