Programmatic Funding Snapshot

AR Funding Rate Today

Current AR funding across major exchanges, including advertised APR, model-adjusted apr, and Mirage context.

AR funding is currently positive across tracked venues, but model-adjusted APR remains materially below the headline annualized signal.

Highest advertised APR
Bybit
Annualized from current funding conditions.
Best Model-Adjusted APR
Bybit
Model-derived annualized estimate based on current funding conditions.
Avg Mirage
52.2%
Freshness status
Aging
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.
Exchange Comparison

Current AR funding by exchange

Updated Jun 13, 2026, 6:25 AM UTC
Bybitsupported
Funding rate
0.0100%
Interval
8h
Advertised APR
1095.0%
Model-Adjusted APR
547.5%
Mirage
50.0%
OKXsupported
Funding rate
0.0100%
Interval
8h
Advertised APR
1095.0%
Model-Adjusted APR
547.5%
Mirage
50.0%
Binancesupported
Funding rate
0.0095%
Interval
8h
Advertised APR
1036.0%
Model-Adjusted APR
449.4%
Mirage
56.6%
Quick Interpretation

Mirage is material, so model-adjusted APR remains notably below the advertised annualized funding signal.

Advertised APR is annualized from current funding. Model-Adjusted APR is a public estimate after Mirage and execution-aware adjustments.

See Bybit funding index
What funding rate means

Funding rate is the periodic transfer between longs and shorts in perpetual futures. A positive annualized rate can still degrade materially once fees, decay, and crowding are applied.

Read methodologyReview funding rate risk
Validation status

Validation status for this public metric.

Supported means stronger observed coverage. Calibration and exploratory indicate weaker empirical depth.

Snapshot updated Jun 13, 2026, 6:25 AM UTC. Model-Adjusted APR is a model-derived annualized public estimate and should be read as scenario guidance, not execution certainty.
Frequently Asked Questions

AR Funding Rate FAQ

What is the current AR funding rate?

The average AR funding rate across major exchanges is 1075.3% advertised APR. After model adjustments for execution reality, the model-adjusted APR is approximately 514.8%.

Which exchange has the best AR funding rate?

Currently, Bybit offers the best model-adjusted APR for AR perpetual futures funding. This accounts for execution costs, decay, and crowding effects that reduce headline yields.

How much of AR funding yield actually survives?

The current Mirage for AR is 52.2%, meaning approximately 47.8% of the headline annualized funding survives execution reality. Mirage accounts for fees, basis drag, decay, and crowding.

When is the next AR funding payment?

Funding payments occur at fixed intervals: Bybit: 8h, OKX: 8h, Binance: 8h. The exact next payment time depends on the exchange, but perpetual futures funding typically settles every 8 hours on most venues.

What factors affect AR perpetual futures funding?

AR funding rates are driven by the balance between long and short positions, spot-perpetual basis, market sentiment, and leverage demand. High positive funding indicates bullish crowding; negative funding suggests bearish pressure.

Cookie preferences

We use essential cookies for session continuity and optional analytics cookies to improve the beta experience. You can accept or reject non-essential cookies. Learn more in our Privacy Policy.

AR Funding Rate Today | FYOS | Funding Yield OS