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SOFTBANK Funding Rate

SOFTBANK perpetual funding on 4 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated · How we count

SOFTBANK funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
LBank8 h0.0000%0.0000%—−0.0584%0.0%0.0000%+0.337%+0.429%—
HTX1 hbest long0.0000%0.0000%——0.0%0.0000%+0.0119%−0.139%$180K
Bitget8 h0.0000%0.0000%—−0.0283%0.0%0.0000%−0.108%−0.0542%$82K
WEEX8 hbest short+0.0096%+0.0096%—+0.0369%10.5%+0.0281%+0.205%+0.546%$114.8K

What SOFTBANK funding actually paid

Over 7 days, a SOFTBANK long paid +0.112% on average across exchanges (5.8% a year). The most on LBank (+0.337%), the least on Bitget (−0.108%).

Over 30 days, a SOFTBANK long paid +0.195% on average across exchanges (3.1% a year). The most on WEEX (+0.546%), the least on HTX (−0.139%).

SOFTBANK funding rate history chart

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SOFTBANK funding arbitrage right now

Among the exchanges that publish a 24h volume, the lowest rate now is on HTX (0.0000% per 8 h), the highest on WEEX (+0.0096%). Long on HTX and short on WEEX, price hedged: a difference of 10.5% 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 →

SOFTBANK perpetual futures by exchange

HTXSOFTBANK/USDT:USDT$27.5630$180K
WEEXSOFTBANK/USDT:USDT$27.6580$114.8K
BitgetSOFTBANK/USDT:USDT$27.6190$82K
LBankSOFTBANK/USDT:USDT—
SOFTBANK page: spot, routes, networks

FAQ

What is the SOFTBANK funding rate?

A periodic payment between long and short holders of SOFTBANK 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 0.0000% to 0.0096% per 8 hours across 4 exchanges.

How often is SOFTBANK 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 SOFTBANK 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.