XLK funding rate explained
Right now State Street Technology Select Sector SPDR ETF • Robinhood Token (XLK) perpetual futures trade on 5 exchanges we track. The highest funding is on Bybit at 0.000% per day, the lowest on HTX at 0.000%. The average across all venues is 0.000% per day, or about 0.0% a year.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts XLK on Bybit and goes long on HTX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live XLK arbitrage board for the price side of the trade.
Settlement intervals differ: XLK 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.
Related: XLK arbitrage · State Street Technology Select Sector SPDR ETF • Robinhood Token price · funding rates for all coins.