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PORTAL Funding Rate

PORTAL perpetual funding on 10 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated · How we count

PORTAL funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
Bybit4 hbest long−0.0534%−0.0267%—+0.0050%−58.5%+0.0071%+0.0909%+0.793%$215.5K
Deepcoin4 h−0.0324%−0.0162%——−35.5%−0.0264%−0.176%−0.967%$109.9K
WhiteBIT4 h+0.0100%+0.0050%—−0.223%11.0%+0.0300%+0.210%+0.695%$970.7K
MEXC4 h+0.0100%+0.0050%—+0.0050%11.0%+0.0300%+0.210%+0.898%$137.5K
Binance4 h+0.0100%+0.0050%—−0.0205%11.0%+0.0300%+0.210%+0.898%—
Toobit4 h+0.0100%+0.0050%—+0.0050%11.0%+0.0300%+0.210%+0.899%$310K
BingX4 h+0.0100%+0.0050%—−0.0104%11.0%+0.0300%+0.210%+1.130%$1.3M
WOO X4 h+0.0100%+0.0050%—−0.0105%11.0%+0.0300%+0.210%+0.889%—
LBank4 h+0.0100%+0.0050%—+0.0050%11.0%+0.0300%+0.210%+0.578%—
XT4 hbest short+0.0104%+0.0052%—−0.0452%11.4%+0.0342%+0.234%+1.062%$8.5M

What PORTAL funding actually paid

Over 7 days, a PORTAL long paid +0.162% on average across exchanges (8.4% a year). The most on XT (+0.234%), the least on Deepcoin (−0.176%).

Over 30 days, a PORTAL long paid +0.687% on average across exchanges (8.8% a year). The most on BingX (+1.130%), the least on Deepcoin (−0.967%).

PORTAL funding rate history chart

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PORTAL funding arbitrage right now

Among the exchanges that publish a 24h volume, the lowest rate now is on Bybit (−0.0534% per 8 h), the highest on XT (+0.0104%). Long on Bybit and short on XT, price hedged: a difference of 69.9% a year before fees and before the rates move.

Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →

PORTAL perpetual futures by exchange

XTPORTAL/USDT:USDT$0.014085$8.5M
BingXPORTAL/USDT:USDT$0.014095$1.3M
WhiteBITPORTAL/USDT:USDT$0.014005$970.7K
ToobitPORTAL/USDT:USDT$0.014085$310K
BybitPORTAL/USDT:USDT$0.014104$215.5K
MEXCPORTAL/USDT:USDT$0.014085$137.5K
DeepcoinPORTAL/USDT:USDT$0.014085$109.9K
BinancePORTAL/USDT:USDT$0.014085—
WOO XPORTAL/USDT:USDT$0.014090—
LBankPORTAL/USDT:USDT—
PORTAL page: spot, routes, networks

FAQ

What is the PORTAL funding rate?

A periodic payment between long and short holders of PORTAL perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0534% to 0.0104% per 8 hours across 10 exchanges.

How often is PORTAL funding paid?

Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.

Why is the PORTAL funding rate different on each exchange?

Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.

Does a high APR mean high profit?

No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.