CYPH funding rate

Live Cypherpunk Technologies (Backpack Securities) perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)0.000%Bybit

Lowest (24h)-0.049%Binance

Average (24h)-0.007%across 7 venues

Funding gap (24h)+0.049%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BybitCEX · CYPHUSDT0.0000%8h—0.000%0.0%$3.02+0.100%$461.0K

BitgetCEX · CYPHUSDT0.0000%8h—0.000%0.0%$3.02+0.248%$594.5K

GateCEX · CYPH_USDT0.0000%8h03:12:060.000%0.0%$3.02-0.023%$25.7K

OKXCEX · CYPH-USDT-SWAP0.0000%8h03:12:060.000%0.0%$3.03—$842.8K

KuCoinCEX · CYPHUSDTM0.0000%8h03:12:060.000%0.0%$3.020.000%$3.26M

HTXCEX · CYPH-USDT0.0000%8h03:12:060.000%0.0%——$153.3K

BinanceCEX · CYPHUSDT-0.0164%8h—-0.049%-17.9%$3.01-0.020%—

CYPH funding rate explained

Right now Cypherpunk Technologies (Backpack Securities) (CYPH) perpetual futures trade on 7 exchanges we track. The highest funding is on Bybit at 0.000% per day, the lowest on Binance at -0.049%. The average across all venues is -0.007% per day, or about -2.6% a year. Negative funding means CYPH shorts are paying longs — the market is leaning short.

The gap between the highest and lowest venue is +0.049% per day. A delta-neutral position that shorts CYPH on Bybit and goes long on Binance would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live CYPH arbitrage page for the price side of the trade.

Settlement intervals differ: CYPH 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.

What is the CYPH funding rate today?

The average CYPH funding rate across 7 exchanges is -0.007% per 24 hours. It ranges from -0.049% on Binance to 0.000% on Bybit. Rates update every few seconds on this page.

Which exchange has the highest CYPH funding rate?

Bybit currently has the highest CYPH funding at 0.000% per day, and Binance the lowest at -0.049%.

How often is CYPH funding paid?

CYPH perpetuals settle funding every 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is CYPH funding positive or negative?

On average it is negative (-0.007% per day): shorts pay longs.