Market data
Perpetual funding rates, ranked for action
Raw funding tables are useful, but traders need context: where the rate is coming from, how it compares, and whether a spread can be executed.
What funding rates show
Funding rates show payments exchanged between long and short perpetual traders. Positive and negative rates reveal pressure in the perp market, but the useful signal depends on comparison across venues.
SypherScore's Funding page gives a broad table view, while AI Top Pairs turns the same market surface into candidate long/short routes.
- Compare the same symbol across venues.
- Sort by APY, spread, or symbol.
- Filter CEX and DEX venues depending on the workflow.
From table to trade idea
A funding table is the starting point. The next step is evaluating the route: entry price, borrow or margin constraints, open interest, and whether funding behavior has persisted.
- Use Funding for the broad market map.
- Use AI Top Pairs for curated route candidates.
- Use Backtester to review historical periods.
What is funding APR?
Funding APR annualizes the current or recent funding rate so venues can be compared on a common scale.
Why can different venues show different funding?
Venue-specific demand, liquidity, index behavior, margin design, and market-maker activity can all create funding differences.