USDE (Ethena USDe) perpetual futures
USDE (Ethena USDe) perpetuals trade on 1 markets. 24h volume $7.7K, open interest $520.0K. Best funding APR +10.95% on bybit. Cheapest $100k execution (24h median): 8.99 bps on bybit.
Funding rates by venue
Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for USDE (Ethena USDe) on every venue we track.
| Exchange | Symbol | Price | 24h volume | Open interest | Funding / interval | Funding APR | Paid 24h | Paid 7d | Paid 30d |
|---|---|---|---|---|---|---|---|---|---|
| bybit | USDEUSDT | 0.9996 | $7.7K | $520.0K | 0.0100% | +10.95% | +0.0300% | +0.0267% | +0.3435% |
Funding spread across venues
USDE (Ethena USDe) trades on 1 venue(s) we track, so there is nothing to compare yet. Over the last 30 days the largest amount actually settled was +0.3435% of position size on bybit.
Liquidity
Across the venues listed above USDE (Ethena USDe) shows $7.7K of 24h volume and $520.0K of open interest. The deepest venue by 24h volume is bybit at $7.7K.
Execution cost
The cheapest venue to open a $100k position in USDE (Ethena USDe), measured as the 24h median of the full cost including taker fee and slippage, is bybit at 8.99 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 USDE (Ethena USDe) means
A perpetual future on USDE (Ethena USDe) 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 USDE (Ethena USDe) 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 USDE (Ethena USDe) position earned or cost money.
Frequently asked questions
What is the funding rate on USDE (Ethena USDe) right now?
USDE (Ethena USDe) trades on 1 venue(s) we track, so there is nothing to compare yet. Over the last 30 days the largest amount actually settled was +0.3435% of position size on bybit.
Which venue has the most liquid USDE (Ethena USDe) perpetual?
Across the venues listed above USDE (Ethena USDe) shows $7.7K of 24h volume and $520.0K of open interest. The deepest venue by 24h volume is bybit at $7.7K.
How often is funding paid on USDE (Ethena USDe)?
Venues settle USDE (Ethena USDe) on different schedules: 8h.
Data generated at 2026-09-22T00:08:21Z. Live numbers load on this page automatically.