BR 永续合约资金费率 — 各交易所对比
Bedrock
Best Spread
23.0% APR
Long (Lowest)
HotcoinShort (Highest)
Binance FuturesMark Price
$1.1091
Total OI
$105.7M
24h Volume
$302.9M
Funding Rates by Exchange
+10.96%
Interval
4h
Open Interest
$42.9M
Mark Price
$1.1093
+10.96%
Interval
4h
Open Interest
$9.8M
Mark Price
$1.1084
+10.96%
Interval
4h
Open Interest
$7.4M
Mark Price
$1.1087
+10.96%
Interval
4h
Open Interest
$6.2M
Mark Price
$1.1083
+10.96%
Interval
4h
Open Interest
$84K
Mark Price
$1.1151
+10.96%
Interval
4h
Open Interest
$3.3M
Mark Price
$1.1083
+10.96%
Interval
4h
Open Interest
$16.1M
Mark Price
$1.1087
+10.96%
Interval
4h
Open Interest
$506K
Mark Price
$1.1092
+10.96%
Interval
4h
Open Interest
$270K
Mark Price
$1.1092
+10.96%
Interval
4h
Open Interest
$3.0M
Mark Price
$1.1105
+10.96%
Interval
4h
Open Interest
$176K
Mark Price
$1.1088
+10.96%
Interval
4h
Open Interest
—
Mark Price
$1.1096
+10.96%
Interval
4h
Open Interest
$7.5M
Mark Price
$1.1097
+10.96%
Interval
4h
Open Interest
$188K
Mark Price
$1.1097
+10.96%
Interval
4h
Open Interest
—
Mark Price
$1.1087
+8.77%
Interval
4h
Open Interest
$4.8M
Mark Price
$1.1096
-12.05%
Interval
4h
Open Interest
$3.3M
Mark Price
$1.1099
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| Binance FuturesBest Short | +10.96% | 4h | $42.9M | $1.1093 |
 Bybit | +10.96% | 4h | $9.8M | $1.1084 |
 Bitget | +10.96% | 4h | $7.4M | $1.1087 |
 Gate.io | +10.96% | 4h | $6.2M | $1.1083 |
 HTX | +10.96% | 4h | $84K | $1.1151 |
 KuCoin | +10.96% | 4h | $3.3M | $1.1083 |
 MEXC | +10.96% | 4h | $16.1M | $1.1087 |
 Aster | +10.96% | 4h | $506K | $1.1092 |
 Variational | +10.96% | 4h | $270K | $1.1092 |
 BitMart | +10.96% | 4h | $3.0M | $1.1105 |
 Toobit | +10.96% | 4h | $176K | $1.1088 |
 Bitunix | +10.96% | 4h | — | $1.1096 |
 WEEX | +10.96% | 4h | $7.5M | $1.1097 |
 Pionex | +10.96% | 4h | $188K | $1.1097 |
 LBank | +10.96% | 4h | — | $1.1087 |
 BingX | +8.77% | 4h | $4.8M | $1.1096 |
| HotcoinBest Long | -12.05% | 4h | $3.3M | $1.1099 |
BR 资金费率的含义
资金费率数据更新于 2026-09-23 23:06 UTC
ORBIT 按交易所实时汇总 BR（Bedrock） 永续合约在 17 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 BR 的年化资金费率从 Hotcoin 的 -12.05% 到 Binance Futures 的 +10.96% 不等。
BR 当前最大的跨所资金费率价差为年化 23.0%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Hotcoin 做多，在费率最高的 Binance Futures 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
BR 在所跟踪的永续品种中持仓量排名第 83，各交易所合计持仓量 $105.7M，24 小时成交量 $302.9M，成交量加权标记价格 $1.1091。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 BR 资金费率最高？
- Binance Futures，年化 +10.96%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，BR 应在哪家交易所做多？
- Hotcoin 的 BR 资金费率最低，为年化 -12.05%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- BR 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Hotcoin 做多 / Binance Futures 做空，扣除成本前约为年化 23.0%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- BR 的资金费用多久结算一次？
- 每 4 小时 结算一次。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- BR 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -12.05% 到 +10.96%——正是这种分歧创造了跨所套利机会。