Perpetual funding rate weekly report — 2026-W43

ISO week 43 (Oct 19–25, 2026), built automatically from 242496 hourly exchange snapshots covering 762 symbols. Published 2026-10-26.

Over the seven days the strongest annualized funding in the dataset was Gate on IRYS at 3608.5%, and the weakest was Gate on IOST at -17520.0%. Rates that extreme are the market paying one side to hold a position: they usually mark crowded leverage, not a durable carry trade, and they rarely survive the week they print in. Binance had negative annualized funding on 6 of the 6 snapshot days, more than any other venue in the set.

Top 10 highest annualized funding

ExchangePairRate / periodAnnualizedInterval
GateIRYS 1.6477%3608.5%4h
GateIRYS 1.3057%2859.5%4h
GateIRYS 1.1751%2573.5%4h
BinanceIRYS 2.0000%2190.0%8h
BitgetIRYS 1.6888%1849.2%8h
BitgetIRYS 1.6851%1845.2%8h
BinanceIRYS 1.5753%1725.0%8h
GateIRYS 0.7550%1653.5%4h
GateIRYS 0.6889%1508.7%4h
GateJCT 0.5724%1253.6%4h

Top 10 lowest annualized funding

ExchangePairRate / periodAnnualizedInterval
GateIOST -2.0000%-17520.0%1h
GateIOST -2.0000%-17520.0%1h
GateIOST -1.4358%-12577.6%1h
GateT -1.3186%-11550.9%1h
GateIOST -1.2543%-10987.7%1h
GateIOST -1.0756%-9422.3%1h
GateT -1.0583%-9270.7%1h
GateIOST -1.0421%-9128.8%1h
GateIOST -1.0053%-8806.4%1h
GateT -0.9929%-8697.8%1h

Widest cross-exchange spreads

For each symbol we take its highest and lowest annualized rate across venues during the week, then rank by the gap. A wide spread is the raw material of market-neutral funding arbitrage: short the high side, buy the low side, and the difference is what the hedge collects while it holds. Check volume, interval and fees before treating any line as a trade — a per-hour venue annualizes 8,760x while an 8 hour venue annualizes 1,095x, and part of every gap is just that arithmetic.

PairHigh venueHigh ann.Low venueLow ann.Spread
IOSTGate11.0% Gate-17520.0%17531.0 pts
TGate-1488.1% Gate-11550.9%10062.8 pts
ARKGate-8.8% Gate-6701.4%6692.6 pts
ORDERGate-725.3% Gate-6437.7%5712.4 pts
IRYSGate3608.5% Gate-1841.6%5450.0 pts
DOODGate11.0% Gate-5327.0%5337.9 pts
PTBGate906.7% Gate-4380.0%5286.7 pts
ERAGate-62.2% Gate-5348.4%5286.2 pts
BTWGate323.0% Gate-4380.0%4703.0 pts
BMTGate11.0% Gate-4380.0%4390.9 pts

Negative funding by exchange

ExchangeNegative samplesTotal samplesDays with negativesNegative share
Binance274811422476 of 6 19.3%
Bitget10133534376 of 6 19.0%
Gate8999362565 of 6 24.8%
Kraken4454105566 of 6 42.2%

Data coverage

DaySymbols seenBest pairBest ann.Worst pairWorst ann.
Tue Oct 20569 Binance CSOPSKHYNIX2L489.0% Bitget BWET-695.3%
Wed Oct 21649 Binance BNC730.1% Gate MEW-3980.8%
Thu Oct 22657 Bitget TWST832.3% Gate IOST-17520.0%
Fri Oct 23690 Bitget BWET1095.0% Gate PTB-4380.0%
Sat Oct 24706 Gate IRYS3608.5% Gate ARK-6701.4%
Sun Oct 25628 Gate JCT1253.6% Gate T-11550.9%

This report covers 242496 samples across 762 symbols (72689 tokenized stock perpetuals, 169807 crypto pairs) from Binance, Bitget, Gate and Kraken. Snapshots run hourly; gaps reflect hours when an exchange API did not answer. Live numbers are on the current screener; raw rows are on the API & data page.