SPY perpetual funding rates across exchanges

current funding on 5 exchanges, converted to a yearly rate. updated 2026-10-09 17:05 UTC.

highest: +3.50% a year on Lighter (SPY). lowest: +0.00% on Aster (SPYUSDT). spread: +3.50%.

by exchange, highest first

exchangemarketeveryrate / intervalannualizedcaptaker / makermax lev
LighterSPY1h0.0004%+3.50%0.5%/1h0% / 0%50x
OKXSPY-USDT-SWAP8h0.0000%+0.00%1%/8h0.05% / 0.02%50x
BybitSPYUSDT8h0.0000%+0.00%0.3%/8h0.055% / 0.02%100x
AsterSPYUSDT8h0.0000%+0.00%2%/8h0.04% / 0.005%-
edgeXSPYUSD4h-n/a3.95%/4h0.038% / 0.018%20x

annualized = rate per interval × (8,760 ÷ interval hours). positive means longs pay shorts. exchanges pay funding every 1, 4 or 8 hours, so comparing raw rates across them is misleading; this table puts them on one scale.

other assets