COINX funding rate explained
Right now Coinbase xStock (COINX) perpetual futures trade on 1 exchange we track. The highest funding is on HTX at +0.035% per day, the lowest on HTX at +0.035%. The average across all venues is +0.035% per day, or about +12.8% a year. Positive funding means COINX 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 COINX on HTX 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 COINX arbitrage page for the price side of the trade.
Settlement intervals differ: COINX 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: COINX arbitrage · Coinbase xStock price · funding rates for all coins.