Funding Rate Calculator: Convert to 8h + Annualized (with examples)

Funding is quoted per interval (often 8h). To compare across venues, convert it to a standard 8h rate and an annualized rate. Here is the quick math:

• 8h rate = (interval rate) × (8h / interval hours)
• Annualized ≈ 8h rate × 3 × 365
• Example: 0.01% per 4h ⇒ 0.02% per 8h ⇒ ~21.9% annualized

Annualization amplifies short windows. A few extreme intervals can look huge annualized. Use it as a comparison tool, not a prediction.

• Ignoring interval differences between venues
• Using annualized numbers as directional signals
• Ignoring fees and basis when doing carry trades