SAPIEN Funding Rate
SAPIEN perpetual funding on 13 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
SAPIEN funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 OKX4 hbest long | +0.0100% | +0.0050% | — | — | 11.0% | +0.0300% | +0.210% | +1.397% | $240.8K | |
 Binance4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.911% | — | |
 LBank4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.580% | — | |
 Bybit4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +1.543% | $196.8K | |
 Deepcoin4 h | +0.0100% | +0.0050% | — | — | 11.0% | +0.0200% | +0.120% | −0.288% | $139.4K | |
 KuCoin4 h | +0.0100% | +0.0050% | — | — | 11.0% | +0.0300% | +0.107% | +1.048% | $1.6M | |
 BingX4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +1.645% | $6.5M | |
 Toobit4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.911% | $143.6K | |
 Bitget4 h | +0.0100% | +0.0050% | — | −0.0451% | 11.0% | +0.0300% | +0.210% | +0.900% | $139.3K | |
 WOO X4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.901% | — | |
 MEXC4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.912% | $105.6K | |
 XT4 hbest short | +0.0102% | +0.0051% | — | +0.0050% | 11.1% | +0.0332% | +0.234% | +1.346% | $172K | |
 Extended1 h | +0.0104% | +0.0013% | — | +0.0013% | 11.4% | +0.0312% | +0.218% | +0.951% | — | |
What SAPIEN funding actually paid
Over 7 days, a SAPIEN long paid +0.198% on average across exchanges (10.3% a year). The most on XT (+0.234%), the least on KuCoin (+0.107%).
Over 30 days, a SAPIEN long paid +0.981% on average across exchanges (12.2% a year). The most on BingX (+1.645%), the least on Deepcoin (−0.288%).
SAPIEN funding rate history chart
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SAPIEN funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on OKX (+0.0100% per 8 h), the highest on XT (+0.0102%). Long on OKX and short on XT, price hedged: a difference of 0.2% 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 →
SAPIEN perpetual futures by exchange
BingXSAPIEN/USDT:USDT$0.056995$6.5MKuCoinSAPIEN/USDT:USDT$0.056990$1.6MOKXSAPIEN/USDT:USDT$0.057040$240.8KBybitSAPIEN/USDT:USDT$0.057005$196.8KXTSAPIEN/USDT:USDT$0.056945$172KToobitSAPIEN/USDT:USDT$0.056945$143.6KDeepcoinSAPIEN/USDT:USDT$0.056955$139.4KBitgetSAPIEN/USDT:USDT$0.056930$139.3KMEXCSAPIEN/USDT:USDT$0.056945$105.6KExtendedSAPIEN/USDC:USDC$0.056915—BinanceSAPIEN/USDT:USDT$0.056940—LBankSAPIEN/USDT:USDT—WOO XSAPIEN/USDT:USDT$0.056945—FAQ
- What is the SAPIEN funding rate?
A periodic payment between long and short holders of SAPIEN 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 0.0100% to 0.0102% per 8 hours across 13 exchanges.
- How often is SAPIEN 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 SAPIEN 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.