NULLMASK funding rate explained
Right now NULLMASK perpetual futures trade on 1 exchange we track. The highest funding is on Aster at -0.051% per day, the lowest on Aster at -0.051%. The average across all venues is -0.051% per day, or about -18.7% a year. Negative funding means NULLMASK shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts NULLMASK on Aster 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 NULLMASK arbitrage board for the price side of the trade.
Settlement intervals differ: NULLMASK funding is paid every 1 hour depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: NULLMASK arbitrage · funding rates for all coins.