BASED funding rates and arbitrage
Updated 2026-11-11 22:56 UTC
Best BASED arbitrage after every cost
No BASED pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
BASED funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | BASED-USDT | 0.0055% | 4 h | +12.0% | +15.2% | $163.8K | 2026-11-12 00:00 |
| Extended | BASED-USD | 0.0013% | 1 h | +11.4% | +14.3% | $2K | 2026-11-12 00:00 |
| Bybit | BASEDUSDT | 0.0050% | 4 h | +10.9% | +9.9% | $1.4M | 2026-11-12 00:00 |
| KuCoin | BASEDUSDTM | 0.0050% | 4 h | +10.9% | +15.2% | $477.1K | 2026-11-12 00:00 |
| MEXC | BASED_USDT | 0.0050% | 4 h | +10.9% | +15.2% | $194.5K | 2026-11-12 00:00 |
| WhiteBIT | BASED_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $785.7K | 2026-11-12 00:00 |
| Bitget | BASEDUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $533.7K | 2026-11-12 00:00 |
| OKX | BASED-USDT-SWAP | 0.0050% | 4 h | +10.9% | +4.2% | $1.5M | 2026-11-12 00:00 |
| LBank | BASEDUSDT | 0.0050% | 4 h | +10.9% | +11.9% | — | 2026-11-12 00:00 |
| Bitunix | BASEDUSDT | 0.0050% | 4 h | +10.9% | +14.7% | — | 2026-11-12 00:00 |
| GRVT | BASED_USDT_Perp | 0.0050% | 4 h | +10.9% | +15.1% | $52.4K | 2026-11-12 00:00 |
| BingX | BASED-USDT | 0.0050% | 4 h | +10.9% | +15.1% | $597.8K | 2026-11-12 00:00 |
| Binance | BASEDUSDT | 0.0050% | 4 h | +10.9% | +15.2% | $2.8M | 2026-11-12 00:00 |
| Aster | BASEDUSDT | 0.0050% | 4 h | +10.9% | +21.9% | $18.4K | 2026-11-12 00:00 |
| Gate | BASED_USDT | 0.0050% | 4 h | +10.9% | +19.5% | $181.1K | 2026-11-12 00:00 |
| Variational | BASED-PERP | 0.0050% | 4 h | +10.9% | +11.9% | $54.1K | 2026-11-12 00:00 |
| Crypto.com | BASEDUSD-PERP | -0.0045% | 1 h | −39.4% | −5.8% | $1.7K | 2026-11-11 23:00 |
Borrow BASED to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bybit | 6.82% | — |
Cost to enter $10,000 of BASED
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Extended | BASED-USD | 5.7 bp | top of book only |
| BingX | BASED-USDT | 6.3 bp | top of book only |
| Binance | BASEDUSDT | 7.6 bp | top of book only |
| OKX | BASED-USDT-SWAP | 7.6 bp | top of book only |
| MEXC | BASED_USDT | 7.8 bp | top of book only |
| GRVT | BASED_USDT_Perp | 8.3 bp | top of book only |
| Variational | BASED-PERP | 9.0 bp | top of book only |
| BloFin | BASED-USDT | 9.8 bp | top of book only |
| Bybit | BASEDUSDT | 10.6 bp | top of book only |
| Bitget | BASEDUSDT | 12.4 bp | top of book only |
| Gate | BASED_USDT | 12.6 bp | top of book only |
| KuCoin | BASEDUSDTM | 13.7 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on BASED
Questions
Is BASED funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no BASED pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest BASED funding rate?
BloFin at +12.0% a year (0.0055% every 4 h); the lowest is Crypto.com at −39.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.