CONL funding rates and arbitrage

CONL perpetuals trade on 4 contracts across 4 venues, forming 6 cross-venue arbitrage pairs. By net APR the current best pair is long Bitget against short Bybit, netting 0.00%, with both legs settling on the same cadenceใ€‚

CONL perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BitgetCONLUSDTUSDT8h0.0000%0.00%+23.57%$244K4.759
BybitCONLUSDTUSDT8h0.0000%0.00%+5.16%$143K4.760
HTXCONL-USDTUSDT8h0.0000%0.00%0.00%$68K4.707
GateCONL_USDTUSDT8h0.0000%0.00%0.00%$7K4.764

CONL cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Bitget USDTBybit USDT0.00%0.0000%-18.41%8h matched$143K
Bitget USDTGate USDT0.00%0.0000%-23.57%8h matched$7K
Bitget USDTHTX USDT0.00%0.0000%-23.57%8h matched$68K
Bybit USDTGate USDT0.00%0.0000%-5.16%8h matched$7K
Bybit USDTHTX USDT0.00%0.0000%-5.16%8h matched$68K
Gate USDTHTX USDT0.00%0.0000%0.00%8h matched$7K

CONL project profile

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

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