BNB perpetual futures

BNB perpetuals trade on 43 markets. 24h volume $1.52B, open interest $1.06B. Best funding APR +84.33% on gains. Cheapest $100k execution (24h median): 4.87 bps on lighter.

Funding rates by venue

Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for BNB on every venue we track.

ExchangeSymbolPrice24h volumeOpen interestFunding / intervalFunding APRPaid 24hPaid 7dPaid 30d
binanceBNBUSDT797.76$818.30M$495.90M0.0093%+10.14%+0.0325%+0.1497%+0.3416%
binanceBNBUSDC797.76$150.40M$54.47M0.0026%+2.86%+0.0116%+0.1091%+0.3409%
okxBNB-USDT-SWAP796.85$112.13M$54.05M0.0100%+10.95%+0.0300%+0.1601%+0.6057%
bybitBNBUSDT796.95$77.07M$69.16M-0.0032%-3.53%+0.0212%+0.0962%+0.4414%
edgexBNBUSDC797.65$76.27M$4.15M0.0050%+10.95%+0.0300%+0.2100%+0.6951%
gateioBNB_USDT796.98$56.32M$35.71M-0.0047%-5.15%+0.0300%+0.1514%+0.4136%
bingxBNB-USDT798.14$35.20M$29.99M0.0077%+8.43%+0.0139%+0.1602%+0.7681%
gravitymarketsBNB_USDT_Perp797.78$27.87M$2.97M0.0000%+0.00%+0.0000%+0.1874%+0.4849%
bitgetBNBUSDT796.84$27.63M$78.64M0.0100%+10.95%+0.0300%+0.1658%+0.7261%
gainsBNB/USD797.25$23.85M$8.97M0.0096%+84.33%+0.2564%+1.1917%+1.1047%
hyperliquidBNB798.02$20.74M$53.15M0.0047%+41.01%+0.0910%+0.2217%+0.9607%
asterdexBNBUSDT797.73$19.31M$12.36M0.0071%+7.82%+0.0308%+0.1314%+0.2267%
mexcBNB_USDT798.10$13.48M$82.95M0.0093%+10.18%+0.0323%+0.1487%+0.3387%
bingxBNB-USDC798.41$13.33M$11.36M0.0077%+8.43%+0.0139%+0.1603%+0.7682%
kucoinBNBUSDTM797.04$10.22M$27.93M0.0100%+10.95%+0.0300%+0.1774%+0.7064%
extended_starknetBNB-USD798.36$6.58M$1.76M0.0013%+11.39%+0.0312%+0.1906%+0.7605%
backpackBNB_USDC_PERP798.50$5.68M$2.72M0.0042%+36.53%+0.0699%+0.3162%+0.9220%
variationalBNB797.63$5.39M$8.20M0.0010%+1.10%
gainsBNBDEGEN/USD797.25$4.04M$0.000.0000%+0.00%+0.0000%+0.0000%+0.0000%
lighterBNB797.43$3.98M$5.56M0.0012%+10.51%+0.0288%+0.1432%+0.8569%
standxBNB-USD797.98$2.88M$862.4K0.0000%+0.00%+0.0000%+0.0000%+0.0000%
kalshiKXBNBPERP798.05$2.87M$89.5K0.0153%+16.78%+0.0287%+0.0287%
nadoBNB-PERP_USDT0797.37$2.71M$1.44M0.0012%+10.95%+0.0300%+0.1833%+0.6138%
risexBNB/USDC797.43$1.40M$1.09M0.0015%+13.24%+0.0440%+0.4343%+1.9687%
pacificaBNB797.38$925.2K$1.21M0.0013%+10.95%+0.0300%+0.2174%+0.7983%
polymarketBNB-USD797.12$874.0K$117.7K0.0013%+10.95%+0.0300%+0.1857%
txflowBNB-USDC797.68$765.1K$134.0K0.0013%+10.95%
apexBNBUSDT798.38$435.9K$160.8K0.0013%+10.95%+0.0300%+0.2100%+0.9000%
popdexBNBUSDT797.75$384.7K$115.0K0.0013%+10.95%+0.0300%+0.2107%+0.8995%
bybitBNBPERP796.95$229.2K$1.54M0.0100%+10.95%+0.0300%+0.2039%+0.4394%
mexcBNB_USD1797.70$196.9K$516.6K0.0200%+21.90%+0.0404%+0.1745%+0.9869%
decibelBNB-PERP797.47$145.4K$40.0K0.0013%+11.39%+0.0333%+0.2269%+0.9566%
arcusBNB-USD797.80$133.7K$104.9K0.0013%+10.95%+0.0354%+0.3037%
mexcBNB_USDC797.77$121.7K$12.75M0.0025%+2.74%+0.0113%+0.1080%+0.3372%
dydxBNB-USD798.68$62.5K$160.8K0.0033%+29.24%+0.1322%+0.6240%+2.4723%
hibachiBNB/USDT-P797.35$43.1K$70.1K0.0017%+14.89%+0.1050%+0.6417%+1.2780%
phoenixBNB797.63$35.7K$171.9K0.0014%+12.09%+0.0409%+0.3922%+2.2072%
gmxBNB/USD [BTC-USDC]798.28$19.7K$47.4K-0.0022%-19.30%-0.0586%+0.1895%+1.2749%
paradexBNB-USD-PERP798.20$19.3K$77.9K0.0100%+10.96%+0.0301%+0.1853%+0.8677%
reyaBNBRUSDPERP796.76$2.5K$6.1K0.0041%+36.20%+0.0959%+0.4442%+1.7834%
gmxBNB/USD [BNB-USDC]798.28$2.2K$3.6K0.0027%+23.46%+0.0655%+0.3825%+1.4751%
hotstuffBNB-PERP797.95$238.95$7.8K-0.0010%-8.76%-0.0230%-0.1670%-17.3065%
avantisBNB/USD797.20$1.8K0.0028%+24.66%+0.0891%+0.2190%+0.6684%

Funding spread across venues

Across 36 venues the funding APR on BNB runs from -19.30% on gmx to +84.33% on gains. The gap between them is 103.62 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +2.4723% of position size on dydx.

Funding history over 30 days

Over the last 30 days we recorded 21915 funding settlements for BNB across 35 venues. The rate was positive in 69% of them, meaning longs paid shorts that often. The average annualised rate over the window was +1.85%. Summed over the window, dydx paid the most at +2.4723% of position size and hotstuff the least at -17.3065%.

Liquidity

Across the venues listed above BNB shows $1.52B of 24h volume and $1.06B of open interest. The deepest venue by 24h volume is binance at $818.30M.

Execution cost

The cheapest venue to open a $100k position in BNB, measured as the 24h median of the full cost including taker fee and slippage, is lighter at 4.87 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.

What the funding rate on BNB means

A perpetual future on BNB has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle BNB on different schedules: 1h, 4h, 8h.

Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a BNB position earned or cost money.

Frequently asked questions

What is the funding rate on BNB right now?

Across 36 venues the funding APR on BNB runs from -19.30% on gmx to +84.33% on gains. The gap between them is 103.62 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +2.4723% of position size on dydx.

Which venue has the most liquid BNB perpetual?

Across the venues listed above BNB shows $1.52B of 24h volume and $1.06B of open interest. The deepest venue by 24h volume is binance at $818.30M.

How often is funding paid on BNB?

Venues settle BNB on different schedules: 1h, 4h, 8h.

Has funding on BNB been paid consistently?

Over the last 30 days we recorded 21915 funding settlements for BNB across 35 venues. The rate was positive in 69% of them, meaning longs paid shorts that often. The average annualised rate over the window was +1.85%. Summed over the window, dydx paid the most at +2.4723% of position size and hotstuff the least at -17.3065%.

Funding history over 30 days

Data generated at 2026-09-22T00:08:19Z. Live numbers load on this page automatically.