ESIM funding rate explained
Right now Depinsim (ESIM) perpetual futures trade on 1 exchange we track. The highest funding is on KuCoin at +0.031% per day, the lowest on KuCoin at +0.031%. The average across all venues is +0.031% per day, or about +11.4% a year. Positive funding means ESIM 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 ESIM on KuCoin and goes long on KuCoin would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live ESIM arbitrage board for the price side of the trade.
Settlement intervals differ: ESIM funding is paid every 1 hour depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: ESIM arbitrage · Depinsim price · funding rates for all coins.