RONIN funding rate explained
Right now RONIN perpetual futures trade on 3 exchanges we track. The highest funding is on Bybit at +0.030% per day, the lowest on Aster at -0.118%. The average across all venues is -0.021% per day, or about -7.5% a year. Negative funding means RONIN shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is +0.148% per day. A delta-neutral position that shorts RONIN 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 RONIN arbitrage board for the price side of the trade.
Settlement intervals differ: RONIN 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.
Related: RONIN arbitrage · RONIN price · funding rates for all coins.