AURORA funding rate explained
Right now Aurora (AURORA) perpetual futures trade on 1 exchange we track. The highest funding is on MEXC at -0.088% per day, the lowest on MEXC at -0.088%. The average across all venues is -0.088% per day, or about -32.2% a year. Negative funding means AURORA shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts AURORA on MEXC and goes long on MEXC would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live AURORA arbitrage page for the price side of the trade.
Settlement intervals differ: AURORA funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: AURORA arbitrage · Aurora price · funding rates for all coins.