Phemex Funding Rates
127 perpetuals paying funding every 8 h (91 perpetuals) or 4 h (36 perpetuals). Next payment at 00:00 UTC. The highest funding now: SKHYNIX 0.0189% / 8 h.
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Phemex funding rates for all perpetuals
The rate is per payment period; per 8 h and a year compare exchanges with different intervals. “Paid” sums the exchange's actual payments over 1, 7 and 30 days (positive: longs paid).
| Coin | Rate | Per 8 h | A year | Interval | Payment, UTC | Paid 1 / 7 / 30 d | 24h volume |
|---|---|---|---|---|---|---|---|
| BTC | 0.0065% | 0.0065% | 7.1% | 8 h | 00:00 | 0.009% / 0.101% / 0.303% | $66.9M |
| ETH | 0.0022% | 0.0022% | 2.4% | 8 h | 00:00 | 0.014% / 0.071% / 0.266% | $45.5M |
| BNB | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.020% / 0.211% | $22.4M |
| SOL | 0.0036% | 0.0036% | 4.0% | 8 h | 00:00 | 0.012% / 0.093% / 0.477% | $21.7M |
| XRP | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.007% / 0.102% / 0.514% | $17.7M |
| SUI | −0.0151% | −0.0151% | −16.5% | 8 h | 00:00 | −0.032% / −0.182% / −0.198% | $14.3M |
| DOGE | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.023% / 0.158% / 0.637% | $11.6M |
| ENA | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.009% / 0.067% / 0.618% | $10.3M |
| LINK | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.210% / 1.693% | $10.1M |
| NEAR | 0.0090% | 0.0090% | 9.9% | 8 h | 00:00 | 0.017% / 0.066% / 0.373% | $9.1M |
| ARB | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.016% / 0.152% / 0.596% | $7.6M |
| TAO | 0.0021% | 0.0043% | 4.7% | 4 h | 00:00 | −0.060% / −0.133% / −0.208% | $6.7M |
| 1000PEPE | 0.0055% | 0.0055% | 6.0% | 8 h | 00:00 | 0.015% / 0.041% / −0.268% | $5.2M |
| LTC | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.210% / 0.900% | $4.9M |
| HBAR | −0.0227% | −0.0227% | −24.8% | 8 h | 00:00 | −0.013% / 0.056% / 0.679% | $4.3M |
| ONDO | −0.0058% | −0.0117% | −12.8% | 4 h | 00:00 | 0.000% / −0.032% / 0.368% | $4.3M |
| UNI | 0.0011% | 0.0011% | 1.3% | 8 h | 00:00 | 0.014% / 0.066% / 0.678% | $4.2M |
| XLM | 0.0070% | 0.0070% | 7.7% | 8 h | 00:00 | −0.027% / −0.033% / 0.080% | $3.9M |
| ZEC | −0.0129% | −0.0129% | −14.1% | 8 h | 00:00 | 0.025% / 0.180% / 0.866% | $3.5M |
| LIT | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | −0.004% / 0.134% / 0.276% | $3.4M |
| AVAX | −0.0031% | −0.0031% | −3.4% | 8 h | 00:00 | −0.004% / 0.006% / 0.460% | $3.3M |
| QQQ | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / −0.025% | $3M |
| SOXL | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $2.8M |
| AAVE | 0.0067% | 0.0067% | 7.3% | 8 h | 00:00 | 0.030% / 0.136% / 0.723% | $2.7M |
| PUMP | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.018% / −0.006% / 0.343% | $2.6M |
| STRK | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.024% / 0.164% / 0.242% | $2.6M |
| SKHY | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $2.5M |
| BCH | −0.0002% | −0.0002% | −0.2% | 8 h | 00:00 | −0.005% / 0.037% / 0.363% | $2.5M |
| WLD | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.027% / 0.207% / 0.581% | $2.4M |
| SKHYNIX | 0.0189% | 0.0189% | 20.7% | 8 h | 00:00 | 0.057% / 0.093% / 0.093% | $2.3M |
| PENGU | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $2.1M |
| 1000SHIB | −0.0092% | −0.0092% | −10.1% | 8 h | 00:00 | 0.012% / 0.092% / 0.479% | $2M |
| KORU | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $1.8M |
| ADA | 0.0094% | 0.0094% | 10.3% | 8 h | 00:00 | −0.005% / 0.024% / 0.256% | $1.8M |
| DRAM | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $1.7M |
| DOT | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.188% / 1.536% | $1.7M |
| QNT | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.210% / 0.481% | $1.6M |
| TRUMP | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $1.6M |
| FIL | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | −0.009% / 0.171% / 0.861% | $1.6M |
| XAG | 0.0079% | 0.0158% | 17.3% | 4 h | 00:00 | 0.017% / 0.018% / 0.418% | $1.6M |
| USELESS | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 2.873% | $1.5M |
| SAND | −0.0146% | −0.0146% | −16.0% | 8 h | 00:00 | 0.024% / −2.593% / −2.981% | $1.4M |
| JUP | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 1.840% | $1.4M |
| RENDER | −0.0077% | −0.0077% | −8.4% | 8 h | 00:00 | 0.013% / −0.070% / 0.287% | $1.3M |
| INJ | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.210% / 0.900% | $1.3M |
| PONS | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.983% | $1.2M |
| VVV | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.936% | $1.2M |
| ATOM | −0.0212% | −0.0212% | −23.3% | 8 h | 00:00 | −0.054% / −0.235% / −0.789% | $1.2M |
| WIF | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $1.1M |
| ETC | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.027% / 0.196% / 0.860% | $1.1M |
| HYPE | 0.0081% | 0.0081% | 8.9% | 8 h | 00:00 | −0.021% / −0.014% / 0.431% | $1M |
| GRAM | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $1M |
| SPCX | −0.0084% | −0.0084% | −9.2% | 8 h | 00:00 | −0.028% / 0.035% / 0.436% | $979.3K |
| PENDLE | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.210% / 0.900% | $882.8K |
| LDO | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.210% / 0.900% | $877K |
| AMD | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $868.8K |
| MARSCOIN | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $864.4K |
| SAMSUNG | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $860.1K |
| XAU | −0.0565% | −0.1130% | −123.7% | 4 h | 00:00 | −0.018% / 0.266% / 1.465% | $743.4K |
| SOXS | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $710.5K |
| MUX | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.210% / 0.900% | $694.3K |
| ICP | −0.0496% | −0.0496% | −54.3% | 8 h | 00:00 | −0.130% / −0.896% / −5.271% | $655.4K |
| TRX | −0.0132% | −0.0132% | −14.5% | 8 h | 00:00 | −0.024% / 0.030% / −0.985% | $618K |
| NBIS | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $615K |
| ZAMA | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $611.7K |
| S | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | −0.128% / 0.016% / 0.152% | $605.9K |
| POL | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $598.7K |
| SNXX | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $535.4K |
| MSTR | 0.0000% | 0.0000% | — | 4 h | 00:00 | 0.000% / 0.000% / 0.000% | $499K |
| SYN | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $490.1K |
| ALGO | 0.0100% | 0.0100% | 11.0% | 8 h | 00:00 | 0.030% / 0.210% / 1.553% | $473.3K |
| MRNA | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $468K |
| LITE | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $448.3K |
| OPENAI | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $444.3K |
| BMNR | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $443.2K |
| CRCL | 0.0000% | 0.0000% | — | 4 h | 00:00 | 0.000% / 0.000% / −0.060% | $426K |
| CAKE | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.210% / 0.900% | $421.4K |
| ANTHROPIC | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $408.7K |
| SNDK | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / −0.060% | $364.1K |
| MVLL | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $237.1K |
| PAXG | 0.0050% | 0.0100% | 11.0% | 4 h | 00:00 | 0.030% / 0.201% / 0.891% | $236.9K |
| AVGO | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / −0.018% | $229.8K |
| RKLB | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $224.9K |
| INTC | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $216.3K |
| TSM | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $197.2K |
| SKDD | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $170.6K |
| MSFT | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / −0.042% | $162.2K |
| EWY | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $134.1K |
| SKUU | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $119.4K |
| NAS100 | 0.0000% | 0.0000% | — | 4 h | 00:00 | 0.000% / −0.040% / −0.040% | $114K |
| XTI | 0.0000% | 0.0000% | — | 4 h | 00:00 | 0.000% / −0.082% / −0.445% | $111.2K |
| SMCI | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $92.4K |
| CRWD | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $84.5K |
| QCOM | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $82K |
| NOK | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $81.7K |
| RAM | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $75.7K |
| META | 0.0000% | 0.0000% | — | 4 h | 00:00 | 0.000% / −0.003% / −0.400% | $75.2K |
| NFLX | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $58.4K |
| HOOD | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $53K |
| ALAB | 0.0000% | 0.0000% | — | 8 h | 00:00 | 0.000% / 0.000% / 0.000% | $50.1K |
Phemex funding rate history
Phemex's payments over 30 days for the chosen coin, from the exchange's own records, and the 1, 7 and 30-day sums of its most traded perpetuals.
Loading payments…
Payments of the most traded perpetuals
| Coin | 1 d | 7 d | 30 d |
|---|---|---|---|
| BTC | 0.009% | 0.101% | 0.303% |
| ETH | 0.014% | 0.071% | 0.266% |
| BNB | 0.000% | 0.020% | 0.211% |
| SOL | 0.012% | 0.093% | 0.477% |
| XRP | 0.007% | 0.102% | 0.514% |
| SUI | −0.032% | −0.182% | −0.198% |
| DOGE | 0.023% | 0.158% | 0.637% |
| ENA | 0.009% | 0.067% | 0.618% |
| LINK | 0.030% | 0.210% | 1.693% |
| NEAR | 0.017% | 0.066% | 0.373% |
| ARB | 0.016% | 0.152% | 0.596% |
| TAO | −0.060% | −0.133% | −0.208% |
| 1000PEPE | 0.015% | 0.041% | −0.268% |
| LTC | 0.030% | 0.210% | 0.900% |
| HBAR | −0.013% | 0.056% | 0.679% |
| ONDO | 0.000% | −0.032% | 0.368% |
| UNI | 0.014% | 0.066% | 0.678% |
| XLM | −0.027% | −0.033% | 0.080% |
| ZEC | 0.025% | 0.180% | 0.866% |
| LIT | −0.004% | 0.134% | 0.276% |
How Phemex calculates funding
Phemex pays funding every 8 h (91 perpetuals) or 4 h (36 perpetuals). Each contract's interval is in the table above.
Most exchanges set the rate as the premium of the perpetual over the spot index plus an interest part: 0.01% per 8 h minus the premium, clamped to ±0.05%, the whole scaled to the interval. The side the price leans to pays: with a positive rate longs pay shorts. Exchanges cap the rate both ways, each contract with its own limits.
The rate in the table is the current one: the coming payment settles at it if the premium holds. Funding is charged only on positions open at the payment moment.
Funding arbitrage with Phemex
Routes with a Phemex perpetual on one leg: long where funding is lower, short where it is higher. “Funding per 8 h” is what the pair earns at the current rates (the short's rate minus the long's), before fees and before the rates move. “Entry spread” is the legs' price gap after trading fees.
| Coin | Long | Short | Funding per 8 h | A year | Entry spread | Verdict |
|---|---|---|---|---|---|---|
| RENDER | Phemex perp | Hyperliquid perp | 0.0175% | 19.1% | 0.014% | Risky |
| OPENAI | Phemex perp | KuCoin perp | 0.0050% | 5.5% | 0.576% | Risky |
| ANTHROPIC | Phemex perp | Bitget perp | 0.0050% | 5.5% | 0.367% | Risky |
| ANTHROPIC | Phemex perp | KuCoin perp | 0.0050% | 5.5% | 0.347% | Risky |
| NAS100 | MEXC perp | Phemex perp | 0.0045% | 4.9% | 0.023% | Avoid |
| BNB | Aster spot | Phemex perp | 0.0000% | 0.0% | 0.019% | Risky |
| SPCX | Gate spot | Phemex perp | −0.0085% | −9.3% | 1.321% | Avoid |
FAQ
- Do I pay funding if I close before the payment time?
No. Funding is charged only on positions open at the payment moment.
- Where can I see Phemex funding history?
In the history block above: every payment for the last 30 days per contract, taken from the exchange's own records.
- How often does Phemex pay funding?
Every 8 h (91 perpetuals) or 4 h (36 perpetuals); each contract's interval is in the table. The next payment is at 00:00 UTC.
- Which coin has the highest funding on Phemex?
SKHYNIX now: 0.0189% per 8 hours, 20.7% a year at the current rate. Rates change with every payment.