S funding rate

Live Sonic perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…

Highest (24h)+0.030%Bybit

Lowest (24h)-0.234%Variational

Average (24h)-0.023%across 10 venues

Funding gap (24h)+0.264%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BybitCEX · SUSDT+0.0050%4h—+0.030%+10.9%$0.0407-0.221%$4.29M

GateCEX · S_USDT+0.0050%4h00:30:09+0.030%+10.9%$0.0407-0.270%$2.74M

HyperliquidPerp DEX · S+0.0013%1h00:30:09+0.030%+10.9%$0.0408-0.051%$591.2K

AsterPerp DEX · SUSDT+0.0050%4h—+0.030%+10.9%$0.0407-0.177%—

BinanceCEX · SUSDT+0.0003%4h—+0.002%+0.6%$0.0407-0.127%—

MEXCCEX · S_USDT+0.0001%4h00:30:09+0.001%+0.2%$0.0407-0.196%$1.86M

BitgetCEX · SUSDT-0.0003%4h—-0.002%-0.7%$0.0407-0.202%$2.56M

OKXCEX · S-USDT-SWAP-0.0066%4h00:30:09-0.039%-14.4%$0.0407—$6.36M

KuCoinCEX · SUSDTM-0.0130%4h00:30:09-0.078%-28.5%$0.0407-0.172%$1.35M

VariationalCEX · S-0.0390%4h—-0.234%-85.3%$0.0406—$72.6K

S funding rate explained

Right now Sonic (S) perpetual futures trade on 10 exchanges we track. The highest funding is on Bybit at +0.030% per day, the lowest on Variational at -0.234%. The average across all venues is -0.023% per day, or about -8.4% a year. Negative funding means S shorts are paying longs — the market is leaning short.

The gap between the highest and lowest venue is +0.264% per day. A delta-neutral position that shorts S on Bybit and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live S arbitrage board for the price side of the trade.

Settlement intervals differ: S funding is paid every 1 hour and 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 S funding rate today?

The average S funding rate across 10 exchanges is -0.023% per 24 hours. It ranges from -0.234% on Variational to +0.030% on Bybit. Rates update every few seconds on this page.

Which exchange has the highest S funding rate?

Bybit currently has the highest S funding at +0.030% per day, and Variational the lowest at -0.234%.

How often is S funding paid?

S perpetuals settle funding every 1 hour and 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is S funding positive or negative?

On average it is negative (-0.023% per day): shorts pay longs.