YB (Yield Basis) perpetual futures

YB (Yield Basis) perpetuals trade on 10 markets. 24h volume $7.83M, open interest $4.95M. Best funding APR +10.95% on asterdex. Cheapest $100k execution (24h median): 85.04 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 YB (Yield Basis) on every venue we track.

ExchangeSymbolPrice24h volumeOpen interestFunding / intervalFunding APRPaid 24hPaid 7dPaid 30d
bingxYB-USDT0.0887$6.52M$815.0K0.0050%+10.95%+0.0250%+0.2050%+0.8950%
binanceYBUSDT0.0887$918.3K$2.02M0.0050%+10.95%+0.0300%+0.2100%+0.8802%
okxYB-USDT-SWAP0.0885$154.2K$396.5K0.0050%+10.95%+0.0300%+0.1500%+0.8088%
mexcYB_USDT0.0886$105.1K$589.3K0.0050%+10.95%+0.0300%+0.2100%+0.8800%
bybitYBUSDT0.0886$58.2K$292.7K0.0050%+10.95%+0.0300%+0.2100%+0.9000%
bitgetYBUSDT0.0888$33.4K$541.3K0.0050%+10.95%+0.0300%+0.2100%+0.9000%
gateioYB_USDT0.0887$18.3K$102.1K0.0050%+10.95%+0.0300%+0.2100%+0.8932%
kucoinYBUSDTM0.0884$17.9K$180.3K0.0050%+10.95%+0.0300%+0.1799%+0.8699%
variationalYB0.0886$2.2K$1.8K0.0050%+10.95%
asterdexYBUSDT0.0887$1.0K$11.5K0.0050%+10.95%+0.0300%+0.2100%+0.8136%

Funding spread across venues

Across 10 venues the funding APR on YB (Yield Basis) runs from +10.95% on variational to +10.95% on bingx. The gap between them is 0.00 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 +0.9000% of position size on bybit.

Liquidity

Across the venues listed above YB (Yield Basis) shows $7.83M of 24h volume and $4.95M of open interest. The deepest venue by 24h volume is bingx at $6.52M.

Execution cost

The cheapest venue to open a $100k position in YB (Yield Basis), measured as the 24h median of the full cost including taker fee and slippage, is mexc at 85.04 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 YB (Yield Basis) means

A perpetual future on YB (Yield Basis) 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 YB (Yield Basis) on different schedules: 4h.

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 YB (Yield Basis) position earned or cost money.

Frequently asked questions

What is the funding rate on YB (Yield Basis) right now?

Across 10 venues the funding APR on YB (Yield Basis) runs from +10.95% on variational to +10.95% on bingx. The gap between them is 0.00 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 +0.9000% of position size on bybit.

Which venue has the most liquid YB (Yield Basis) perpetual?

Across the venues listed above YB (Yield Basis) shows $7.83M of 24h volume and $4.95M of open interest. The deepest venue by 24h volume is bingx at $6.52M.

How often is funding paid on YB (Yield Basis)?

Venues settle YB (Yield Basis) on different schedules: 4h.

Data generated at 2026-09-22T00:08:20Z. Live numbers load on this page automatically.