Perpetual funding rate weekly report — 2026-W46

ISO week 46 (Nov 9–15, 2026), built automatically from 2021 hourly exchange snapshots covering 441 symbols. Published 2026-11-09.

Over the seven days the strongest annualized funding in the dataset was Binance on JCT at 461.6%, and the weakest was Bitget on HOT at -3316.5%. 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 1 of the 1 snapshot days, more than any other venue in the set.

Top 10 highest annualized funding

ExchangePairRate / periodAnnualizedInterval
BinanceJCT 0.2108%461.6%4h
GateJCT 0.1891%414.1%4h
BinanceJCT 0.1872%410.0%4h
BinanceJCT 0.1872%410.0%4h
BinancePLAY 0.1570%343.8%4h
BinancePLAY 0.1364%298.6%4h
BinancePLAY 0.1364%298.6%4h
BinanceFOLKS 0.1324%290.1%4h
BinanceFOLKS 0.1239%271.4%4h
BinanceFOLKS 0.1239%271.4%4h

Top 10 lowest annualized funding

ExchangePairRate / periodAnnualizedInterval
BitgetHOT -0.3786%-3316.5%1h
BinanceHOT -0.3709%-3249.3%1h
GateCLAUDIA -0.3373%-2954.7%1h
BitgetHOT -0.2546%-2230.3%1h
BitgetHOT -0.2546%-2230.3%1h
BinanceHOT -0.1992%-1745.0%1h
BinanceHOT -0.1992%-1745.0%1h
BinanceCYBER -0.7747%-1696.6%4h
GateCYBER -1.5076%-1650.8%8h
BitgetCYBER -0.7537%-1650.6%4h

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
CLAUDIAGate10.5% Gate-2954.7%2965.3 pts
HOTBinance-1745.0% Binance-3249.3%1504.3 pts
HOTBitget-2230.3% Bitget-3316.5%1086.2 pts
EPICGate-412.6% Gate-1409.5%996.9 pts
JCTGate414.1% Gate86.7%327.4 pts
AIOTGate260.8% Gate65.0%195.8 pts
LSKBinance-521.3% Binance-677.6%156.3 pts
LSKBitget-520.6% Bitget-664.2%143.7 pts
ONGate258.9% Gate119.8%139.1 pts
ERABinance-450.9% Binance-588.5%137.6 pts

Negative funding by exchange

ExchangeNegative samplesTotal samplesDays with negativesNegative share
Binance31412601 of 1 24.9%
Bitget793871 of 1 20.4%
Gate783061 of 1 25.5%
Kraken37681 of 1 54.4%

Data coverage

DaySymbols seenBest pairBest ann.Worst pairWorst ann.
Mon Nov 09441 Binance JCT461.6% Bitget HOT-3316.5%

This report covers 2021 samples across 441 symbols (561 tokenized stock perpetuals, 1460 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.

← Previous report: 2026-W45