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W Perpetual Funding Rates

Updated 447h ago ยท annualized from current funding

As of 447h ago, W perpetual funding is mixed across venues. The richest rate is +11.0% APR on Binance โ€” a long there pays roughly +0.030% per day while the rate holds (a short collects it). The cheapest is -6.23% APR on OKX. The widest market-neutral spread is +17.2% APR: long the W perp on OKX, short it on Binance, and the position has no W price exposure โ€” just the funding gap (before fees). Tracked open interest is around $5M.

Funding by venue

VenueFunding APRIntervalNext
Binance (predicted)+11.0%4h20:00 UTC
Bybit (predicted)+11.0%4h20:00 UTC
OKX-6.23%4h20:00 UTC
Hyperliquid+11.0%1hโ€”

Cross-venue spread

Long W on OKX, short on Binance โ†’ +17.2% APR gross, delta-neutral.

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