XCU funding rate explained
Right now XCU perpetual futures trade on 3 exchanges we track. The highest funding is on Gate at +0.115% per day, the lowest on Aster at 0.000%. The average across all venues is +0.049% per day, or about +17.9% a year. Positive funding means XCU longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.115% per day. A delta-neutral position that shorts XCU on Gate 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 XCU arbitrage board for the price side of the trade.
Settlement intervals differ: XCU funding is paid every 4 hours 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: XCU arbitrage · funding rates for all coins.