Gold, oil or index perps: where is funding cheapest?

All rates are converted to an 8-hour basis so venues are directly comparable (venues settle every 1h, 2h, 4h or 8h, and some APIs report hourly, 8h or annualized values). Under each rate: how often the venue settles and the countdown to the next payment. Highest = where shorts earn the most; lowest = where longs pay the least. Tap an asset to see the exact API value and data timestamp. ETF = the venue lists an ETF instead of the underlying (GLD for gold, SLV for silver, USO for oil, SPY for the S&P 500, QQQ for the Nasdaq-100); IDX = TradeXYZ's own XYZ U.S. 100 index. Funding stays comparable, the underlying is not strictly identical. When US markets are closed (weekends, holidays) many venues pause or zero out funding.