C98 funding rates by exchange
The current funding rate for every C98 perpetual we track, venue by venue, with 7-day and 30-day accumulated funding and the annualised rate. A positive rate means longs pay shorts.
- Exchanges
- 11
- Venue spread
- 0.011%
- Pays most
- Gate.io
- 24h volume
- $22.9M
Right now Gate.io pays +0.0143% per settlement and Kraken pays +0.0038% — that gap is what a funding-arbitrage position captures.
Every venue listing C98 is showing a positive rate right now, so longs are paying shorts across the board — the difference is only in how much.
Over the last 30 days the most C98 funding accumulated on Phemex, at +0.90% — worth checking against the current rate, because the leader on accumulated funding is often not the leader today.
Click a column header to sort · use Columns to show or hide metrics
| Exchange | Contract | Current rate | APR | 7d sum | 30d sum | 24h volume |
|---|---|---|---|---|---|---|
 Gate.io |
C98-USDT | +0.0143% | +12.0% | -0.42% | -0.58% | $226K |
 Toobit |
C98-USDT | +0.0105% | +7.6% | -0.07% | +0.33% | $1.8M |
 Binance |
C98-USDT | +0.01% | +7.3% | -0.08% | +0.24% | $14.7M |
 WEEX |
C98-USDT | +0.01% | +7.1% | -0.08% | +0.24% | $74K |
 Phemex |
C98-USDT | +0.01% | +7.1% | +0.21% | +0.90% | $59K |
 Bybit |
C98-USDT | +0.01% | +7.2% | -0.09% | +0.27% | $3.3M |
 Bitget |
C98-USDT | +0.01% | +7.1% | +0.16% | +0.85% | $1.8M |
 MEXC |
C98-USDT | +0.01% | +8.0% | -0.08% | +0.24% | $548K |
 KuCoin |
C98-USDT | +0.01% | +7.1% | -0.27% | -0.01% | $210K |
 BloFin |
C98-USDT | +0.0086% | +5.5% | -0.07% | +0.25% | $71K |
 Kraken |
C98-USDT | +0.0038% | +29.2% | -2.31% | -11.56% | $96K |
Rates come straight from exchange data and change at every settlement; APR annualises the current rate at the contract's own funding interval. Market data, not investment advice.
Other coins
Funding rates by coin →
CLO
SEI
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OKB
ESPORTS
AIO
CHIP
GRAM
VVV
EIGEN
AERO
RIFFrequently asked questions
What is the C98 funding rate right now?
C98 funding currently ranges from +0.0143% on Gate.io down to +0.0038% on Kraken per settlement — the table above lists every venue. A positive rate means long positions pay short positions at the next settlement; a negative rate means the reverse.
Which exchange pays the highest C98 funding?
At the moment Gate.io shows the highest C98 funding rate. This changes at every settlement, so trust the live ranking above rather than any fixed answer.
How do you trade the C98 funding difference?
You hold offsetting positions on two venues — long where funding is negative, short where it is positive — so price exposure cancels out and you collect the difference at each settlement. On C98 that difference is currently 0.011% per settlement, before the trading fees on both legs.
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