PHAROS Perpetual Swap Funding Rate by Exchange
Pharos
How PHAROS funding actually paid this week
Top pairs by funding actually paid over the last 7 days on a $10,000 position, after entry and exit costs — not the instant APR.
Over the last week no PHAROS long/short pair paid enough funding to cover its entry and exit costs.
Past 7 days, not a forecast. Costs = taker fees on both venues, in and out. Upcoming payouts →
Funding Rates by Exchange
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 CoinWBest Short | +96.97% | 4h | — | $0.658 |
 Binance Futures | +10.96% | 4h | $4.5M | $0.6592 |
 Bybit | +10.96% | 4h | $517K | $0.6576 |
 BingX | +10.96% | 4h | $1.5M | $0.6572 |
 MEXC | +10.96% | 4h | $317K | $0.6588 |
 Toobit | +10.96% | 4h | $600K | $0.6598 |
 Bitunix | +10.96% | 4h | — | $0.6599 |
 WEEX | +10.96% | 4h | $4K | $0.6596 |
 BloFinBest Long | +6.49% | 4h | $223K | $0.658 |
PHAROS funding rates explained
Funding data updated 23:05 UTC, 2026-09-27
PHAROS (Pharos) perpetual futures funding rates — also called perpetual swap funding rates — are aggregated live by exchange across 9 venues on ORBIT. Funding is the recurring payment exchanged between long and short traders that keeps a perpetual swap tethered to the spot price — when it is positive, longs pay shorts; when negative, shorts pay longs. Right now PHAROS funding ranges from +6.49% annualized on BloFin to +96.97% on CoinW.