BOBA (Boba Network) perpetual futures

BOBA (Boba Network) perpetuals trade on 3 markets. 24h volume $230.7K, open interest $282.6K. Best funding APR +938.31% on mexc. Cheapest $100k execution (24h median): 140.96 bps on mexc.

Funding rates by venue

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

ExchangeSymbolPrice24h volumeOpen interestFunding / intervalFunding APRPaid 24hPaid 7dPaid 30d
bybitBOBAUSDT0.0204$146.2K$126.5K0.8027%+878.97%+0.9379%+0.9930%+2.5013%
mexcBOBA_USDT0.0204$81.4K$156.0K0.8569%+938.31%+0.9369%+0.9940%+2.5009%
variationalBOBA0.0204$3.1K$132.150.4853%+531.44%

Funding spread across venues

Across 3 venues the funding APR on BOBA (Boba Network) runs from +531.44% on variational to +938.31% on mexc. The gap between them is 406.86 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 +2.5013% of position size on bybit.

Liquidity

Across the venues listed above BOBA (Boba Network) shows $230.7K of 24h volume and $282.6K of open interest. The deepest venue by 24h volume is bybit at $146.2K.

Execution cost

The cheapest venue to open a $100k position in BOBA (Boba Network), measured as the 24h median of the full cost including taker fee and slippage, is mexc at 140.96 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 BOBA (Boba Network) means

A perpetual future on BOBA (Boba Network) 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 BOBA (Boba Network) on different schedules: 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 BOBA (Boba Network) position earned or cost money.

Frequently asked questions

What is the funding rate on BOBA (Boba Network) right now?

Across 3 venues the funding APR on BOBA (Boba Network) runs from +531.44% on variational to +938.31% on mexc. The gap between them is 406.86 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 +2.5013% of position size on bybit.

Which venue has the most liquid BOBA (Boba Network) perpetual?

Across the venues listed above BOBA (Boba Network) shows $230.7K of 24h volume and $282.6K of open interest. The deepest venue by 24h volume is bybit at $146.2K.

How often is funding paid on BOBA (Boba Network)?

Venues settle BOBA (Boba Network) on different schedules: 8h.

Data generated at 2026-09-22T00:08:21Z. Live numbers load on this page automatically.