USDE funding rate

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

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Highest (24h)+0.029%Bybit

Lowest (24h)+0.029%Bybit

Average (24h)+0.029%across 1 venues

Funding gap (24h)0.000%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BybitCEX · USDEUSDT+0.0096%8h—+0.029%+10.5%$0.9991-0.070%$11.2K

USDE funding rate explained

Right now Ethena USDe (USDE) perpetual futures trade on 1 exchange we track. The highest funding is on Bybit at +0.029% per day, the lowest on Bybit at +0.029%. The average across all venues is +0.029% per day, or about +10.5% a year. Positive funding means USDE longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts USDE on Bybit and goes long on Bybit would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live USDE arbitrage board for the price side of the trade.

Settlement intervals differ: USDE funding is paid every 8 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 USDE funding rate today?

The average USDE funding rate across 1 exchanges is +0.029% per 24 hours. It ranges from +0.029% on Bybit to +0.029% on Bybit. Rates update every few seconds on this page.

Which exchange has the highest USDE funding rate?

Bybit currently has the highest USDE funding at +0.029% per day, and Bybit the lowest at +0.029%.

How often is USDE funding paid?

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

Is USDE funding positive or negative?

On average it is positive (+0.029% per day): longs pay shorts.