TRB Funding Rate Today
Current TRB funding across major exchanges, including advertised APR, model-adjusted apr, and Mirage context.
TRB funding is currently positive across tracked venues, but model-adjusted APR remains materially below the headline annualized signal.
Current TRB funding by exchange
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 OKX 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.
TRB Funding Rate FAQ
What is the current TRB funding rate?
The average TRB funding rate across major exchanges is 912.5% advertised APR. After model adjustments for execution reality, the model-adjusted APR is approximately 484.8%.
Which exchange has the best TRB funding rate?
Currently, OKX offers the best model-adjusted APR for TRB perpetual futures funding. This accounts for execution costs, decay, and crowding effects that reduce headline yields.
How much of TRB funding yield actually survives?
The current Mirage for TRB is 47.4%, meaning approximately 52.6% of the headline annualized funding survives execution reality. Mirage accounts for fees, basis drag, decay, and crowding.
When is the next TRB funding payment?
Funding payments occur at fixed intervals: OKX: 4h, Bybit: 4h, 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 TRB perpetual futures funding?
TRB 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.