> For the complete documentation index, see [llms.txt](https://codex.arkm.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://codex.arkm.com/the-arkham-exchange/funding-rates.md).

# Funding Rates

Funding rates are periodic payments exchanged between long and short traders in perpetual futures. They ensure that perpetual prices track the spot market, by charging one side and paying the other depending on whether the perp trades above or below the spot price.

### How Funding Rates work on Arkham:

For details on Funding Rates on the Arkham Exchange, see our technical documentation:

<https://arkm.com/docs#funding-rates>