Funding rate history
STEPN Funding Rate HistoryGMTUSDT
Binance USD-M perpetual funding settlements - 2022-03-14 to 2026-06-30 - 1,570 days
Avg annualized
-7.50%
carry paid longs to shorts when positive
Most negative day
-2.00%
Most positive day
+0.12%
Days negative
33.80%
shorts paid longs
Funding rate history
Daily annualized rate. Above the zero line, longs paid shorts; below it, shorts paid longs.
Most extreme funding days on record
The ten highest and ten lowest daily average rates, by settlement date.
| Date | Daily avg rate | Annualized | Settlements | Direction |
|---|---|---|---|---|
| 2024-03-02 | +0.0954% | +104.49% | 3 | Longs paid shorts |
| 2024-03-03 | +0.0953% | +104.36% | 3 | Longs paid shorts |
| 2024-03-05 | +0.0923% | +101.08% | 3 | Longs paid shorts |
| 2024-03-04 | +0.0804% | +88.03% | 3 | Longs paid shorts |
| 2024-01-02 | +0.0740% | +81.03% | 3 | Longs paid shorts |
| 2024-03-14 | +0.0644% | +70.57% | 3 | Longs paid shorts |
| 2024-03-31 | +0.0643% | +70.37% | 3 | Longs paid shorts |
| 2024-03-13 | +0.0637% | +69.76% | 3 | Longs paid shorts |
| 2024-04-01 | +0.0618% | +67.72% | 3 | Longs paid shorts |
| 2023-12-28 | +0.0617% | +67.59% | 3 | Longs paid shorts |
| 2022-05-29 | -0.3419% | -374.37% | 3 | Shorts paid longs |
| 2022-05-27 | -0.3938% | -431.22% | 3 | Shorts paid longs |
| 2025-04-20 | -0.4894% | -535.86% | 3 | Shorts paid longs |
| 2025-04-19 | -0.5624% | -615.87% | 3 | Shorts paid longs |
| 2025-12-29 | -0.6360% | -696.45% | 3 | Shorts paid longs |
| 2024-12-28 | -0.6779% | -742.29% | 3 | Shorts paid longs |
| 2022-03-18 | -0.6942% | -760.16% | 3 | Shorts paid longs |
| 2022-03-16 | -0.8291% | -907.86% | 3 | Shorts paid longs |
| 2022-03-17 | -0.9727% | -1065.05% | 3 | Shorts paid longs |
| 2024-12-27 | -1.0219% | -1118.97% | 3 | Shorts paid longs |
Funding by year
| Year | Avg annualized | Most negative single rate | Most positive single rate | Days negative |
|---|---|---|---|---|
| 2022 | -29.76% | -1.0000% | +0.0280% | 73.7% |
| 2023 | +7.92% | -0.2815% | +0.0839% | 14.0% |
| 2024 | +3.22% | -1.3635% | +0.1197% | 16.7% |
| 2025 | -7.42% | -1.4729% | +0.0593% | 38.9% |
| 2026 | -24.43% | -2.0000% | +0.0100% | 33.1% |