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SNX funding rate

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

Connecting…
Highest (24h)+0.030%Binance
Lowest (24h)+0.005%OKX
Average (24h)+0.028%across 10 venues
Funding gap (24h)+0.025%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Binance logoBinanceCEX · SNXUSDT+0.0100%8h—+0.030%+10.9%$0.2584-0.038%—
Bybit logoBybitCEX · SNXUSDT+0.0100%8h—+0.030%+10.9%$0.25840.000%$579.4K
Bitget logoBitgetCEX · SNXUSDT+0.0100%8h—+0.030%+10.9%$0.2585-0.008%$178.8K
MEXC logoMEXCCEX · SNX_USDT+0.0100%8h00:29:30+0.030%+10.9%$0.2582-0.077%$250.8K
Gate logoGateCEX · SNX_USDT+0.0100%8h00:29:30+0.030%+10.9%$0.2575-0.310%$3.01M
KuCoin logoKuCoinCEX · SNXUSDTM+0.0100%8h00:29:30+0.030%+10.9%$0.2582-0.077%$1.77M
Hyperliquid logoHyperliquidPerp DEX · SNX+0.0013%1h00:29:30+0.030%+10.9%$0.2583-0.116%$162.6K
Aster logoAsterPerp DEX · SNXUSDT+0.0100%8h—+0.030%+10.9%$0.2584-0.038%—
Variational logoVariationalCEX · SNX+0.0100%8h—+0.030%+10.9%$0.258—$27.8K
OKX logoOKXCEX · SNX-USDT-SWAP+0.0017%8h00:29:30+0.005%+1.8%$0.2582—$612.0K

SNX funding rate explained

Right now Synthetix (SNX) perpetual futures trade on 10 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on OKX at +0.005%. The average across all venues is +0.028% per day, or about +10.0% a year. Positive funding means SNX longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.025% per day. A delta-neutral position that shorts SNX on Binance and goes long on OKX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live SNX arbitrage board for the price side of the trade.

Settlement intervals differ: SNX funding is paid every 1 hour 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: SNX arbitrage · Synthetix price · funding rates for all coins.

What is the SNX funding rate today?

The average SNX funding rate across 10 exchanges is +0.028% per 24 hours. It ranges from +0.005% on OKX to +0.030% on Binance. Rates update every few seconds on this page.

Which exchange has the highest SNX funding rate?

Binance currently has the highest SNX funding at +0.030% per day, and OKX the lowest at +0.005%.

How often is SNX funding paid?

SNX perpetuals settle funding every 1 hour and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is SNX funding positive or negative?

On average it is positive (+0.028% per day): longs pay shorts.