PROM Funding Rate Today
Current PROM funding across major exchanges, including advertised APR, model-adjusted apr, and Mirage context.
PROM funding is currently positive across tracked venues, but model-adjusted APR remains materially below the headline annualized signal.
Current PROM funding by exchange
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 indexFunding 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 riskValidation status for this public metric.
Supported means stronger observed coverage. Calibration and exploratory indicate weaker empirical depth.
PROM Funding Rate FAQ
What is the current PROM funding rate?
The average PROM funding rate across major exchanges is 273.8% advertised APR. After model adjustments for execution reality, the model-adjusted APR is approximately 136.9%.
Which exchange has the best PROM funding rate?
Currently, Binance offers the best model-adjusted APR for PROM perpetual futures funding. This accounts for execution costs, decay, and crowding effects that reduce headline yields.
How much of PROM funding yield actually survives?
The current Mirage for PROM is 25.0%, meaning approximately 75.0% of the headline annualized funding survives execution reality. Mirage accounts for fees, basis drag, decay, and crowding.
When is the next PROM funding payment?
Funding payments occur at fixed intervals: Binance: 8h, Bybit: 4h. The exact next payment time depends on the exchange, but perpetual futures funding typically settles every 8 hours on most venues.
What factors affect PROM perpetual futures funding?
PROM 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.