TRB funding rates

TRB funding is -0.0079% per 4h on Aster right now, -17.3% annualized; 11 exchanges quote the perpetual.

Rates by exchange

live
ExchangeMarkIndexMark vs indexFundingAPRIntervalNext settlement
BingX17.749017.7670-0.1013%+0.0050%+11.0%4h11:59 AM UTC
Bitget17.737017.7736-0.2061%+0.0050%+11.0%4h11:59 AM UTC
Bybit17.762017.7740-0.0675%+0.0050%+11.0%4h11:59 AM UTC
Gate17.760017.7630-0.0169%+0.0050%+11.0%4h11:59 AM UTC
KuCoin17.766017.7680-0.0113%+0.0050%+11.0%4h11:59 AM UTC
OKX17.730017.7700-0.2251%+0.0050%+11.0%4h11:59 AM UTC
Hyperliquid17.732017.7525-0.1155%+0.0008%+6.7%1h11:59 AM UTC
LBank17.732017.7550-0.1295%+0.0005%+1.1%4h11:59 AM UTC
MEXC17.733017.7650-0.1801%+0.0004%+0.9%4h11:59 AM UTC
Binance17.737017.7770-0.2251%-0.0001%-0.3%4h11:59 AM UTC
Aster17.758117.7770-0.1063%-0.0079%-17.3%4h11:59 AM UTC

Top pairings for TRB

LongShortKindFunding / 24h
MEXC perp 17.7270Bybit perp 17.7620perp-perp+0.024%Open in scanner
Binance perp 17.7370Bybit perp 17.7620perp-perp+0.027%Open in scanner
Gate perp 17.7600Bybit perp 17.7620perp-perp0.000%Open in scanner
OKX perp 17.7300Bybit perp 17.7620perp-perp0.000%Open in scanner
MEXC perp 17.7270KuCoin perp 17.7660perp-perp+0.024%Open in scanner

132 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 TRB 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