JIO funding rate — Binance, Bitget, Gate and Kraken compared

Live as of 2026-10-30 14:04 (UTC+8). Highest venue: Bitget at -1095.0% annualized.

Bitget pays shorts the most on JIO right now at -1095.0% annualized, while Bitget sits at -1095.0%. Venues are close together right now, a spread of 0.0 percentage points, so venue choice matters less than getting in and out cheaply.

ExchangeRate / periodIntervalAnnualized24h volume
Bitget -1.0000%8h -1095.0%$4.4M Trade

What this means for a market-neutral trade

A funding arbitrage position buys the spot asset and shorts the perpetual on the same venue, so price moves cancel out and the funding payment becomes the return. The 24 hour median across venues is 5.5% annualized and the best venue is now at -1095.0%, so today's level is at or below its own recent average.

Over the last 24 hours the best annualized rate on JIO ranged from -999.0% to 48.3%, with a median of 5.5% across 306 samples. That range matters more than the spot number: a rate that spikes for one hour and collapses the next does not pay for the round trip.

Last 24 hours

Time (UTC+8)Best annualized
10-30 02:335.5%
10-30 03:035.5%
10-30 03:335.5%
10-30 04:035.5%
10-30 04:335.5%
10-30 05:035.5%
10-30 05:335.5%
10-30 06:035.5%
10-30 06:335.5%
10-30 07:035.5%
10-30 07:335.5%
10-30 08:035.5%
10-30 08:345.5%
10-30 09:045.5%
10-30 09:335.5%
10-30 10:035.5%
10-30 10:345.5%
10-30 11:035.5%
10-30 11:335.5%
10-30 12:03-503.2%
10-30 12:34-999.0%
10-30 13:03-999.0%
10-30 13:33-999.0%
10-30 14:04-999.0%

How these numbers are calculated

Rates come straight from each exchange's public API and are re-read every hour. Annualized figures multiply the per-period rate by the number of periods in a year, which is 8,760 for an hourly venue and 1,095 for an eight-hour one. Volume is 24 hour quote volume, so it reflects dollar turnover you can actually trade against. Contracts with less than $1M of turnover are excluded from the ranking because their rates are usually noise.

Questions

What is the JIO funding rate right now?

Bitget shows the highest JIO perpetual funding at -1095.0% annualized (-1.0000% per 8 hours). Bitget shows the lowest at -1095.0%.

Which exchange is best for shorting JIO perpetuals?

On funding alone it is Bitget at -1095.0% annualized. Check depth on your size first: 24 hour volume there is $4.4M.

How long does it take to cover trading fees?

At the current rate the round-trip fees are not covered in a reasonable time, so the trade does not make sense today.

Is funding arbitrage risk free?

No. You still carry basis risk, exchange and custody risk, and the rate itself can flip sign.

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