DEEP funding rate

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

Connecting…

Highest (24h)+0.030%Binance

Lowest (24h)+0.011%Variational

Average (24h)+0.027%across 7 venues

Funding gap (24h)+0.019%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BinanceCEX · DEEPUSDT+0.0050%4h—+0.030%+10.9%$0.0235+0.013%—

BybitCEX · DEEPUSDT+0.0100%8h—+0.030%+10.9%$0.0235-0.170%$1.16M

BitgetCEX · DEEPUSDT+0.0050%4h—+0.030%+10.9%$0.0235-0.092%$251.8K

MEXCCEX · DEEP_USDT+0.0050%4h03:15:01+0.030%+10.9%$0.02350.000%$350.0K

GateCEX · DEEP_USDT+0.0050%4h03:15:01+0.030%+10.9%$0.0235-0.017%$22.2K

KuCoinCEX · DEEPUSDTM+0.0050%4h03:15:01+0.030%+10.9%$0.0236+0.042%$156.9K

VariationalCEX · DEEP+0.0038%8h—+0.011%+4.1%$0.0235—$2.4K

DEEP funding rate explained

Right now DeepBook (DEEP) perpetual futures trade on 7 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on Variational at +0.011%. The average across all venues is +0.027% per day, or about +10.0% a year. Positive funding means DEEP longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.019% per day. A delta-neutral position that shorts DEEP on Binance and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live DEEP arbitrage board for the price side of the trade.

Settlement intervals differ: DEEP funding is paid every 4 hours and 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 DEEP funding rate today?

The average DEEP funding rate across 7 exchanges is +0.027% per 24 hours. It ranges from +0.011% on Variational to +0.030% on Binance. Rates update every few seconds on this page.

Which exchange has the highest DEEP funding rate?

Binance currently has the highest DEEP funding at +0.030% per day, and Variational the lowest at +0.011%.

How often is DEEP funding paid?

DEEP perpetuals settle funding every 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is DEEP funding positive or negative?

On average it is positive (+0.027% per day): longs pay shorts.