Programmatic Funding Snapshot

MEW Funding Rate Today

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

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

Highest advertised APR
Binance
Annualized from current funding conditions.
Best Model-Adjusted APR
Binance
Model-derived annualized estimate based on current funding conditions.
Avg Mirage
39.5%
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 MEW funding by exchange

Updated Jun 12, 2026, 9:02 PM UTC
Binancesupported
Funding rate
0.0050%
Interval
8h
Advertised APR
547.5%
Model-Adjusted APR
331.4%
Mirage
39.5%
Quick Interpretation

Mirage is present but more contained, meaning a larger share of headline annualized funding currently survives reality.

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

See Binance 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 12, 2026, 9:02 PM UTC. Model-Adjusted APR is a model-derived annualized public estimate and should be read as scenario guidance, not execution certainty.
Frequently Asked Questions

MEW Funding Rate FAQ

What is the current MEW funding rate?

The average MEW funding rate across major exchanges is 547.5% advertised APR. After model adjustments for execution reality, the model-adjusted APR is approximately 331.4%.

Which exchange has the best MEW funding rate?

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

How much of MEW funding yield actually survives?

The current Mirage for MEW is 39.5%, meaning approximately 60.5% of the headline annualized funding survives execution reality. Mirage accounts for fees, basis drag, decay, and crowding.

When is the next MEW funding payment?

Funding payments occur at fixed intervals: 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 MEW perpetual futures funding?

MEW 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.

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