FOLKS funding rates and arbitrage

FOLKS perpetuals trade on 10 contracts across 10 venues, forming 45 cross-venue arbitrage pairs. By net APR the current best pair is long Lighter against short KuCoin, netting +81.03%, though note the legs settle on different cadences (1h / 4h)。

FOLKS perpetual funding rates by venue

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

Venue	Contract	Margin	Settlement	Current rate	APR	24h avg APR	24h volume	Mark
Binance	FOLKSUSDT	USDT	4h	0.0061%	+13.26%	+13.46%	$10.1M	2.390
BingX	FOLKS-USDT	USDT	4h	0.0050%	+10.95%	+14.07%	$6.9M	2.387
KuCoin	FOLKSUSDTM	USDT	4h	0.0418%	+91.54%	+3.96%	$6.1M	2.380
LBank	FOLKSUSDT	USDT	4h	0.0063%	+13.86%	+13.50%	$5.4M	2.387
Bybit	FOLKSUSDT	USDT	4h	0.0050%	+10.95%	+12.19%	$3.0M	2.385
Bitget	FOLKSUSDT	USDT	4h	0.0050%	+10.95%	+10.95%	$1.8M	2.389
Gate	FOLKS_USDT	USDT	8h	0.0827%	+90.56%	+13.64%	$783K	2.384
MEXC	FOLKS_USDT	USDT	4h	0.0063%	+13.80%	+13.42%	$266K	2.386
Aster	FOLKSUSDT	USDT	4h	0.0285%	+62.41%	+23.01%	$79K	2.388
Lighter	FOLKS	USDC	1h	0.0012%	+10.51%	+11.61%	$13K	2.389

FOLKS cross-venue arbitrage pairs

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

Long	Short	Net APR	Daily	24h avg	Settlement	Liquidity
Lighter USDC	KuCoin USDT	+81.03%	0.2220%	-7.64%	1h / 4h	$13K
BingX USDT	KuCoin USDT	+80.59%	0.2208%	-10.10%	4h matched	$6.1M
Bitget USDT	KuCoin USDT	+80.59%	0.2208%	-6.99%	4h matched	$1.8M
Bybit USDT	KuCoin USDT	+80.59%	0.2208%	-8.23%	4h matched	$3.0M
Lighter USDC	Gate USDT	+80.04%	0.2193%	+2.03%	1h / 8h	$13K
BingX USDT	Gate USDT	+79.61%	0.2181%	-0.43%	4h / 8h	$783K
Bitget USDT	Gate USDT	+79.61%	0.2181%	+2.69%	4h / 8h	$783K
Bybit USDT	Gate USDT	+79.61%	0.2181%	+1.44%	4h / 8h	$783K
Binance USDT	KuCoin USDT	+78.28%	0.2145%	-9.49%	4h matched	$6.1M
MEXC USDT	KuCoin USDT	+77.75%	0.2130%	-9.46%	4h matched	$266K
LBank USDT	KuCoin USDT	+77.68%	0.2128%	-9.53%	4h matched	$5.4M
Binance USDT	Gate USDT	+77.29%	0.2118%	+0.18%	4h / 8h	$783K

FOLKS project profile

Website Whitepaper X (Twitter)Telegram Discord

Key facts

Total: 50.00M
Max supply: 50.00M
Type: Token
Market cap rank: #518

Decentralized Finance (DeFi)BNB Chain EcosystemLending/Borrowing ProtocolsAvalanche EcosystemPolygon EcosystemArbitrum EcosystemEthereum EcosystemAlgorand Ecosystem

Contract addresses

avalanche0xff7f8f301f7a706e3cfd3d2275f5dc0b9ee8009b

polygon0xff7f8f301f7a706e3cfd3d2275f5dc0b9ee8009b

monad0xff7f8f301f7a706e3cfd3d2275f5dc0b9ee8009b

binance0xff7f8f301f7a706e3cfd3d2275f5dc0b9ee8009b

algorand3203964481

sei0xff7f8f301f7a706e3cfd3d2275f5dc0b9ee8009b

3 more chains

arbitrum0xff7f8f301f7a706e3cfd3d2275f5dc0b9ee8009b

ethereum0xff7f8f301f7a706e3cfd3d2275f5dc0b9ee8009b

base0xff7f8f301f7a706e3cfd3d2275f5dc0b9ee8009b

Block explorers

snowtrace.io etherscan.io basescan.org bscscan.com lora.algokit.io snowtrace.io

About

Folks Finance is a crosschain decentralized finance (DeFi) protocol that enables users to supply, borrow, and manage digital assets across multiple blockchains from a single platform. By using interoperability technology like Chainlink CCIP, Circle CCTP, and Wormhole messaging, the protocol eliminates the need for wrapping, bridging, or splitting liquidity, allowing users to access unified pools and collateralize assets natively across ecosystems. Its design focuses on efficiency, security, and accessibility for both retail users and institutions.

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

GAS+78.0%GOAT+154.3%GPRO+449.6%GRIFFAIN+78.8%HEMI+37.9%HIMS+10.9%ID+34.2%IOTA+14.2%IREN+34.7%IRYS0.0%KAIA+88.7%KGEN0.0%

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