Algorand

Algorand (ALGO) — Funding Rates

Perpetual futures funding rates across exchanges

Algorand (ALGO) perpetual futures currently show funding across 21 markets, averaging 0.0257% per interval. The highest rate is 0.5145%.

A positive rate means longs pay shorts — a signal of crowded long positioning; a negative rate means shorts pay longs. Use this page to compare funding across venues and spot markets where the annualized rate is attractive.

Markets with Funding
21
Highest Rate
0.5145%
Lowest Rate
-0.0170%
Total Perp Markets
21

Current Funding Rates

ExchangePairFunding RateAnnualized APRIntervalPriceVolume (24h)
HyperliquidALGO/USDC+0.0013%+0.0%1000h · 11:00:00 PM$0.11$29.57M
OKXALGO/USDT-0.0097%-0.0%8000h · 8:00:00 AM$0.11$21.97M
BinanceALGO/USDT-0.0019%-0.0%8000h · 12:00:00 AM$0.11$9.64M
BingxALGO/USDT+0.0019%+0.0%8000h · 12:00:00 AM$0.11$2.67M
BybitALGO/USDT-0.0055%-0.0%8000h · 12:00:00 AM$0.11$2.59M
WhitebitALGO/USDT+0.0100%+0.0%8000h · 12:00:00 AM$0.11$2.45M
BitunixALGO/USDT+0.5145%+0.6%8000h · 12:00:00 AM$0.11$1.74M
MEXCALGO/USDT-0.0021%-0.0%8000h · 12:00:00 AM$0.11$1.7M
BitgetALGO/USDT+0.0021%+0.0%8000h · 12:00:00 AM$0.11$1.18M
XtALGO/USDT-0.0029%-0.0%8000h$0.11$967.74K
PhemexALGO/USDT+0.0100%+0.0%8000h$0.11$639.74K
BlofinALGO/USDT+0.0000%+0.0%8000h · 12:00:00 AM$0.13$570.46K
KucoinALGO/USDT+0.0059%+0.0%8000h · 12:00:00 AM$0.11$491.44K
DigifinexALGO/USDT-0.0170%-0.0%8000h · 12:00:00 AM$0.11$432.68K
DeepcoinALGO/USDT+0.0000%+0.0%8000h$0.11$371.74K
GateALGO/USDT+0.0005%+0.0%8000h · 12:00:00 AM$0.01$190.3K
PionexALGO/USDT-0.0016%-0.0%8000h · 12:00:00 AM$0.11$168.16K
DeribitALGO/USDC-0.0026%-0.0%8000h$0.11$84.27K
BtseALGO/USD+0.0100%+0.0%8000h$0.11$81.88K
DydxALGO/USD+0.0168%+0.0%8000h$0.11$52.6K
AsterALGO/USDT+0.0100%+0.1%1000h · 12:00:00 AM$0.11$33.29K

Algorand Funding Rate FAQ

What is the ALGO funding rate?expand_more
The funding rate is a periodic payment between longs and shorts on perpetual futures markets. A positive rate means longs pay shorts; a negative rate means shorts pay longs. It keeps the perpetual price anchored to spot.
Why is the funding rate positive or negative?expand_more
When most traders are long, funding turns positive to encourage shorts; when the crowd is short, funding turns negative to encourage longs. Extreme values often signal crowded positioning and potential reversals.
How is APR calculated from the funding rate?expand_more
APR annualizes the rate using the funding interval: rate × (24h / interval hours) × 365. For example, a 0.01% rate paid every 8 hours annualizes to roughly 10.95%.
When is funding paid on ALGO perpetuals?expand_more
Most exchanges settle funding every 8 hours (00:00, 08:00, 16:00 UTC), though some venues use 4-hour or 1-hour intervals. The exact next settlement time is shown next to each market on this page.
What is considered a high funding rate?expand_more
Sustained funding above 0.05-0.1% per interval is elevated and indicates strong directional crowding. Funding arbitrage traders typically look for markets where the annualized rate exceeds holding costs.