Real-time perpetual futures funding rates for Phemex. Funding settled every 8h.
Phemex is a high-performance derivatives exchange founded by former Morgan Stanley executives. With sub-millisecond order execution and up to 100x leverage, Phemex targets professional traders.
Funding rates on Phemex are settled every 8h. When the rate is positive, long positions pay short positions — indicating bullish sentiment. When negative, shorts pay longs — indicating bearish pressure.
Usenami monitors funding rates across major CEX and DEX venues in real-time, helping traders identify rate divergences between venues and market sentiment shifts.
Find the best funding rate arbitrage opportunities in real-time. Free, no signup required.