Skip to content
BASIS· by Hedgen--:--:-- UTC
RegimeCARRYComposite+5.2%Peg3bpsReserve91bpsENA unlock

FUNDING

4/4 venues · BTC + ETH · perp USDT

COMPOSITE

CARRY
+4.9%

Simple average of the 4 venues, then a 50/50 BTC/ETH blend — annualized. This is the carry that drives sUSDe yield. Open-interest weighting is V2 (see /methodo). The regime is computed on this composite (EXPANSION / CARRY / NEUTRAL / COMPRESSION bands).

4%2026-08-17 17:45 UTC
10%4%-3%
125 pts · 30dzones: compression · neutral · carry / expansion
as of 08:16:47 UTC

VENUES

CARRY
VenueAssetRate (native)IntervalAPR annualizedSpark
BinanceBTC+0.0047%8h+5.1%
BinanceETH+0.0049%8h+5.4%
BybitBTC-0.0015%8h-1.7%
BybitETH+0.0016%8h+1.7%
OKXBTC+0.0071%8h+7.7%
OKXETH+0.0100%8h+11.0%
HyperliquidBTC-0.0001%1h-0.8%
HyperliquidETH+0.0013%1h+11.0%

Rate shown at its native interval (Binance / Bybit / OKX: 8h · Hyperliquid: 1h), then annualized. Sparklines over the 30d window (accumulated by the crons; dashed while history is still short).

as of 08:16:47 UTC