ArbiLayer

BASED funding rate

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

Connecting…
Highest (24h)+0.030%Binance
Lowest (24h)+0.009%OKX
Average (24h)+0.028%across 9 venues
Funding gap (24h)+0.021%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Binance logoBinanceCEX · BASEDUSDT+0.0050%4h—+0.030%+10.9%$0.0614+0.046%—
Bybit logoBybitCEX · BASEDUSDT+0.0050%4h—+0.030%+10.9%$0.0614-0.016%$256.6K
Bitget logoBitgetCEX · BASEDUSDT+0.0050%4h—+0.030%+10.9%$0.0615+0.156%$178.8K
MEXC logoMEXCCEX · BASED_USDT+0.0050%4h01:16:37+0.030%+10.9%$0.0614-0.130%$137.5K
Gate logoGateCEX · BASED_USDT+0.0050%4h01:16:37+0.030%+10.9%$0.06140.000%$810.7K
KuCoin logoKuCoinCEX · BASEDUSDTM+0.0050%4h01:16:37+0.030%+10.9%$0.06140.000%$1.90M
Aster logoAsterPerp DEX · BASEDUSDT+0.0050%4h—+0.030%+10.9%$0.0613+0.002%—
Variational logoVariationalCEX · BASED+0.0050%4h—+0.030%+10.9%$0.0613—$10.7K
OKX logoOKXCEX · BASED-USDT-SWAP+0.0015%4h01:16:37+0.009%+3.2%$0.0613—$2.15M

BASED funding rate explained

Right now Based (BASED) perpetual futures trade on 9 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on OKX at +0.009%. The average across all venues is +0.028% per day, or about +10.1% a year. Positive funding means BASED longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.021% per day. A delta-neutral position that shorts BASED 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 BASED arbitrage board for the price side of the trade.

Settlement intervals differ: BASED 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: BASED arbitrage · Based price · funding rates for all coins.

What is the BASED funding rate today?

The average BASED funding rate across 9 exchanges is +0.028% per 24 hours. It ranges from +0.009% on OKX to +0.030% on Binance. Rates update every few seconds on this page.

Which exchange has the highest BASED funding rate?

Binance currently has the highest BASED funding at +0.030% per day, and OKX the lowest at +0.009%.

How often is BASED funding paid?

BASED perpetuals settle funding every 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is BASED funding positive or negative?

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