Exchange Funding Snapshot
API3 Funding Rate on Binance
Live API3 funding rate, annualized APR, model-adjusted apr, and Mirage context for Binance.
API3 funding on Binance is positive, but model-adjusted APR remains lower than the advertised annualized APR.
Funding rate
0.0050%
Current periodic funding signal.
Advertised APR
1095.0%
Annualized from current funding conditions.
Model-Adjusted APR
1092.3%
Model-derived annualized estimate based on current funding conditions.
Mirage
0.3%
Aging snapshot
Annualized from current funding conditions. Actual realized returns may be materially lower, and Mirage shows how much headline yield may fail to survive execution reality.
Current snapshot is aging. Treat these values as reference context, not a live execution signal.
Interpretation
Mirage is present but more contained, meaning a larger share of headline annualized funding currently survives reality.
Headline annualized funding can look strong while model-adjusted apr remains much lower. Mirage measures how much of that signal may fail to survive execution conditions.
Metric breakdown
Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.
Funding interval
4h
Validation status
exploratory
Validation status for this public metric.
Survivability
100%
Half-life
137.8d
Why yield degrades
Fees and basis drag compress the raw funding headline.
Yield decays as crowded trades absorb the signal.
Execution friction can keep attractive APR from being deployable.
Mirage shows the share of headline yield that fails to survive reality.
Freshness & disclaimer
Last updated Mar 28, 2026, 6:56 PM UTC.
Model-Adjusted APR is a model-derived annualized public estimate. It is useful for current context, not a guaranteed execution outcome.
exploratory