NIGHT Funding Rate on Binance
Live NIGHT funding rate, annualized APR, model-adjusted apr, and Mirage context for Binance.
NIGHT funding on Binance is positive, but model-adjusted APR remains lower than the advertised annualized APR.
Mirage is material, so model-adjusted APR remains notably below the advertised annualized funding signal.
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.
Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.
Compare NIGHT funding rates across other exchanges:
NIGHT Funding on Binance FAQ
What is the current NIGHT funding rate on Binance?
The current NIGHT perpetual funding rate on Binance is 0.0050% per 8-hour interval, which annualizes to 547.5% APR under current market conditions.
When is the next NIGHT funding payment on Binance?
Binance settles NIGHT perpetual funding every 8 hours. Payments occur at fixed UTC times, typically 00:00, 08:00, and 16:00 UTC for 8-hour intervals.
What is the model-adjusted NIGHT funding APR on Binance?
After applying model adjustments for execution costs, decay, and crowding, the NIGHT model-adjusted APR on Binance is approximately 273.8%. The Mirage component (50.0%) represents yield that may not survive real trading conditions.
How does NIGHT funding on Binance compare to other exchanges?
Current NIGHT funding comparison: OKX: 1095.0% advertised, 547.5% adjusted; Bybit: -9840.5% advertised, -9840.5% adjusted. Binance offers 547.5% advertised and 273.8% model-adjusted APR.
How reliable is the NIGHT funding data on Binance?
The NIGHT funding metrics on Binance have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.