PerpAtlas

PerpAtlas Research

Original data on perp market structure. Every figure comes from exchange APIs or official fee schedules, is dated, and can be re-checked — no recycled comparison-site numbers.

Which Exchange Pays Shorts Most Often? 12 Months of Realized Funding
July 18, 2026 — On a basket of major coins, funding was positive (shorts get paid) in 63–76% of settlement periods depending on the venue. Built from 200k+ realized settlements, with the ranking flipping by regime. Charts for 30 days (six venues) and 12 months.
How Perp Funding Payments Actually Work — With Real Numbers
July 18, 2026 — Who pays whom, when, and how much: a $100k BTC long paid $287–474 in funding last month depending on the venue, several times the fee to open the position. Live rates plus 30 days of realized history.
Binance vs OKX Futures Fees: the Base-Tier Math, Verified
July 18, 2026 — Binance is cheaper or equal at every maker/taker mix, by exactly (1−maker share) × $100 per $1M. But last month's realized BTC funding gap ($86 per $100k) outweighed the fee gap — the fee table isn't where the money is.
Most Perps No Longer Fund Every 8 Hours: a 6-Exchange Interval Census
July 18, 2026 — 47–63% of USDT perps now settle every 1h or 4h, and 22% of cross-listed coins fund on different schedules on different venues. Why raw rates are no longer comparable, with live examples.
USDT-Perp Fees at VIP 0, Verified: Six Exchanges Compared
July 18, 2026 — Two of six "commonly known" base-tier fees are wrong on most comparison sites (Binance taker is 0.04%; Gate's maker fee is negative). The verified table plus worked cost examples at $1M volume.
Gate Pays Perp Makers: the −0.01% Rebate and the Exact Break-Even Math
July 18, 2026 — The only negative maker fee among six venues, the highest taker fee, and the exact maker-share crossover (33–54%) where Gate flips from most expensive to cheapest.