FLR funding rates and arbitrage

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

FLR 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
LBankFLRUSDTUSDT8h0.0100%+10.95%+7.27%$2.2M0.006379
BybitFLRUSDTUSDT8h0.0100%+10.95%+7.23%$484K0.006382
MEXCFLR_USDTUSDT8h0.0100%+10.95%+7.28%$144K0.006382
GateFLR_USDTUSDT8h0.0100%+10.95%+8.40%$36K0.006390

FLR 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
Bybit USDTGate USDT0.00%0.0000%+1.17%8h matched$36K
Bybit USDTLBank USDT0.00%0.0000%+0.04%8h matched$484K
Bybit USDTMEXC USDT0.00%0.0000%+0.04%8h matched$144K
Gate USDTLBank USDT0.00%0.0000%-1.14%8h matched$36K
Gate USDTMEXC USDT0.00%0.0000%-1.13%8h matched$36K
LBank USDTMEXC USDT0.00%0.0000%+0.01%8h matched$144K

Flare project profile

Key facts
Total
106.77B
Max supply
unlimited
Type
Coin
Market cap rank
#108
Smart Contract PlatformLayer 1 (L1)DWF Labs Portfolio
About

Flare is a blockchain for building applications that are interoperable with other blockchains and the internet. ## What is Flare (FLR)? Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that are interoperable with blockchains and the internet. By providing decentralized access to high-integrity data, Flare enables new use cases and monetisation models. ## What makes Flare unique? Flare's native interoperability protocols, the State Connector and the FTSO are secured by the network itself, allowing it to reliably deliver data from a wide variety of off-chain sources in a decentralized way. The Flare Time Series Oracle delivers highly-decentralized price and data feeds to dapps on Flare, without relying on centralized providers. The State Connector protocols enable information, both from other blockchains and the internet to be used securely, scalably and trustlessly with smart contracts on Flare. Risk is minimized by building this decentralized data infrastructure natively into the blockchain, powered by a large number of independent data providers. By incentivizing sets of independent providers to query, acquire, and process data without re

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Funding rates for other coins

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