# FRAX Funding Rates

As of 2026-10-03 09:43 UTC, FRAX perpetual funding averages -0.0058% per 8 hours (-6.33% APR) across all 10 exchanges that list it, weighted by 24h volume (median -0.0001%). Highest: Bitget at 0.0050% per 4h (10.95% APR). Lowest: Toobit at -0.0051% per 4h (-11.26% APR). Going long on Toobit and short on Bitget collects a gross spread of 0.0203% per 8 hours (22.21% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bitget](https://arbtide.com/funding-rates/frax/bitget) | [FRAX/USDT:USDT](https://www.bitget.com/futures/usdt/FRAXUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/frax/gate) | [FRAX/USDT:USDT](https://www.gate.com/futures/USDT/FRAX_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/frax/kucoin) | [FRAX/USDT:USDT](https://www.kucoin.com/trade/futures/FRAXUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [BingX](https://arbtide.com/funding-rates/frax/bingx) | [FRAX/USDT:USDT](https://bingx.com/en/perpetual/FRAX-USDT) | 0.0050% | 4h | 10.95% | — |
| [WEEX](https://arbtide.com/funding-rates/frax/weex) | [FRAX/USDT:USDT](https://www.weex.com/futures/FRAX-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 09:43 UTC |
| [MEXC](https://arbtide.com/funding-rates/frax/mexc) | [FRAX/USDT:USDT](https://www.mexc.com/futures/FRAX_USDT) | -0.0051% | 4h | -11.17% | 2026-10-03 12:00 UTC |
| [Binance](https://arbtide.com/funding-rates/frax/binance) | [FRAX/USDT:USDT](https://www.binance.com/en/futures/FRAXUSDT) | -0.0051% | 4h | -11.26% | 2026-10-03 12:00 UTC |
| [LBank](https://arbtide.com/funding-rates/frax/lbank) | [FRAX/USDT:USDT](https://www.lbank.com/futures/fraxusdt) | -0.0051% | 4h | -11.26% | 2026-10-03 12:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/frax/toobit) | [FRAX/USDT:USDT](https://www.toobit.com/en-US/futures/FRAX-SWAP-USDT) | -0.0051% | 4h | -11.26% | 2026-10-03 12:00 UTC |
| [Aster](https://arbtide.com/funding-rates/frax/aster) | [FRAX/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/FRAXUSDT) | -0.0406% | 4h | -88.93% | — |

## Frequently asked questions

### Is the FRAX funding rate positive right now?

Mostly no. FRAX funding is positive on 5 of the 10 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest FRAX funding rate?

Bitget at 0.0050% per 4h (10.95% APR). The lowest is Toobit at -0.0051% per 4h (-11.26% APR).

### What is the FRAX funding arbitrage spread?

The gross spread is 0.0203% per 8 hours (22.21% APR): long FRAX on Toobit and short on Bitget. Trading fees, slippage and price basis reduce the net return.

### How often is FRAX funding paid?

FRAX funding is paid every 4 hours on Bitget, Gate, KuCoin, BingX, WEEX, MEXC, Binance, LBank, Toobit, and Aster. Rates on this page are also shown as APR so they can be compared directly.