BONK funding rates

BONK funding is -0.0066% per 4h on KuCoin right now, -14.5% annualized; 12 exchanges quote the perpetual.

Rates by exchange

live
ExchangeMarkIndexMark vs indexFundingAPRIntervalNext settlement
BingX USDC0.0₅29260.0₅2928-0.0683%+0.0050%+11.0%4h03:59 PM UTC
BingX USDT0.0₅29270.0₅2928-0.0342%+0.0050%+11.0%4h03:59 PM UTC
Bitget0.0₅29230.0₅2923+0.0067%+0.0050%+11.0%4h03:59 PM UTC
Bybit USDT0.0₅29220.0₅2921+0.0034%+0.0050%+11.0%4h03:59 PM UTC
Aster0.0₅29230.0₅2923+0.0007%+0.0048%+10.5%4h03:59 PM UTC
Lighter0.0₅29250.0₅2926-0.0342%+0.0012%+10.5%1h01:59 PM UTC
Hyperliquid0.0₅29260.0₅2928-0.0683%+0.0010%+8.4%1h01:59 PM UTC
Gate0.0₅29230.0₅2925-0.0615%+0.0037%+8.1%4h03:59 PM UTC
Bybit USDC0.0₅29220.0₅29220.0000%+0.0009%+1.0%8h03:59 PM UTC
OKX0.0₅29250.0₅29250.0000%-0.0008%-0.9%8h03:59 PM UTC
MEXC USDC0.0₅29220.0₅2924-0.0684%-0.0015%-3.3%4h03:59 PM UTC
Binance USDC0.0₅29190.0₅2920-0.0024%-0.0018%-4.0%4h03:59 PM UTC
LBank0.0₅29240.0₅29240.0000%-0.0033%-7.2%4h03:59 PM UTC
MEXC USDT0.0₅29200.0₅2921-0.0342%-0.0033%-7.2%4h03:59 PM UTC
Binance USDT0.0₅29230.0₅2923-0.0048%-0.0035%-7.8%4h03:59 PM UTC
KuCoin0.0₅29230.0₅2923-0.0034%-0.0066%-14.5%4h03:59 PM UTC

Top pairings for BONK

LongShortKindFunding / 24h
LBank perp 0.0₅2924Gate margin 0.0₅2924hedge-0.018%Open in scanner
LBank perp 0.0₅2924OKX margin 0.0₅2929hedge-0.026%Open in scanner
Binance perp 0.0₅2920BingX perp 0.0₅2926perp-perp+0.041%Open in scanner
Binance perp 0.0₅2920Lighter perp 0.0₅2925perp-perp+0.040%Open in scanner
MEXC perp 0.0₅2922BingX perp 0.0₅2926perp-perp+0.039%Open in scanner

148 pairings in the scanner

See every pairing live

The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.

Open the scanner

The table shows every exchange where BONK trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.

A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.

The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.

FAQ

What is a funding rate?

A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.

How is the annualized rate computed?

The rate per settlement times the number of settlements in a year — 2190 for an 4h interval — in percent. It is a comparison figure, not a forecast.

Why does the rate differ between exchanges?

Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.

How to read this