Funding rates
Highest and lowest funding rates today
Funding rates averaged across every exchange that lists each contract, annualised so 1h, 4h and 8h contracts compare directly. A high positive rate means holding a long is expensive; a negative rate means shorts are paying longs.
Perpetual futures
Highest funding rates right now
| # | Contract | Average, annualised | Exchanges | Most extreme exchange | 24h volume |
|---|---|---|---|---|---|
| 1 | 139.50% | 4 | Binance 220.75% | $817.0M | |
| 2 | 120.24% | 4 | Bitget 209.15% | $51.0M | |
| 3 | 108.62% | 2 | Gate 206.30% | $7.9M | |
| 4 | 73.23% | 4 | OKX 92.52% | $79.0M | |
| 5 | 70.62% | 4 | Bybit 92.00% | $548.9M | |
| 6 | 66.05% | 4 | Bitget 198.63% | $66.4M | |
| 7 | 61.94% | 4 | Bybit 110.23% | $37.8M | |
| 8 | 38.93% | 5 | Gate 131.62% | $186.1M | |
| 9 | 38.74% | 3 | Binance 55.56% | $18.4M | |
| 10 | 38.00% | 4 | OKX 117.19% | $11.8M | |
| 11 | 31.74% | 4 | OKX 70.98% | $3.4M | |
| 12 | 30.36% | 4 | Bybit 45.79% | $1.20B | |
| 13 | 26.18% | 4 | Bitget 40.95% | $11.1M | |
| 14 | 25.87% | 5 | OKX 61.39% | $9.9M | |
| 15 | 24.62% | 4 | Bitget 41.17% | $163.2M | |
| 16 | 24.27% | 5 | Bybit 77.53% | $27.5M | |
| 17 | 24.14% | 3 | Binance 50.52% | $4.5M | |
| 18 | 22.64% | 5 | Binance 69.39% | $10.8M | |
| 19 | 22.45% | 4 | Gate 56.94% | $6.7M | |
| 20 | 22.34% | 5 | OKX 47.09% | $3.3M | |
| 21 | 22.27% | 4 | Binance 56.22% | $8.1M | |
| 22 | 20.90% | 5 | OKX 73.09% | $100.4M | |
| 23 | 20.61% | 5 | OKX 59.23% | $4.9M | |
| 24 | 19.33% | 4 | Binance 44.48% | $2.5M | |
| 25 | 19.01% | 5 | Binance 51.26% | $1.8M |
Perpetual futures
Most negative funding rates right now
| # | Contract | Average, annualised | Exchanges | Most extreme exchange | 24h volume |
|---|---|---|---|---|---|
| 1 | -1364.41% | 4 | Binance -1447.55% | $120.5M | |
| 2 | -501.65% | 4 | Binance -619.06% | $381.4M | |
| 3 | -229.58% | 5 | OKX -267.52% | $139.4M | |
| 4 | -224.84% | 3 | Gate -256.67% | $39.7M | |
| 5 | -136.04% | 5 | Bybit -198.39% | $100.8M | |
| 6 | -111.40% | 3 | Binance -150.28% | $18.9M | |
| 7 | -64.90% | 4 | OKX -122.21% | $7.1M | |
| 8 | -62.38% | 3 | OKX -87.27% | $14.0M | |
| 9 | -50.55% | 4 | Gate -76.65% | $444.0M | |
| 10 | -38.83% | 5 | Gate -57.38% | $32.2M | |
| 11 | -35.01% | 5 | Binance -74.69% | $10.2M | |
| 12 | -26.47% | 4 | Binance -39.13% | $58.2M | |
| 13 | -25.62% | 4 | Gate -99.43% | $112.4M | |
| 14 | -23.65% | 5 | Binance -144.23% | $32.4M | |
| 15 | -22.41% | 5 | Gate -60.23% | $14.1M | |
| 16 | -17.29% | 5 | OKX -40.60% | $12.8M | |
| 17 | -16.80% | 3 | Gate -60.88% | $33.6M | |
| 18 | -15.98% | 5 | OKX -31.16% | $24.8M | |
| 19 | -14.93% | 4 | Gate -51.90% | $77.9M | |
| 20 | -12.65% | 4 | Gate -32.19% | $9.6M | |
| 21 | -11.67% | 4 | Gate -51.03% | $8.6M | |
| 22 | -10.15% | 5 | OKX -104.93% | $382.6M | |
| 23 | -9.35% | 5 | Bitget -16.21% | $24.5M | |
| 24 | -8.34% | 5 | Bybit -34.46% | $13.0M | |
| 25 | -5.52% | 5 | Gate -33.29% | $42.6M |
A contract that tracks its index closely settles at the default of 0.01% every 8 hours, 10.95% a year; these tables show the contracts furthest from it on either side. Why so many funding rates read 0.01% →
Funding rates
Funding rate rankings: common questions
Which coins have the highest funding rate right now?
Averaged across exchanges and annualised, the highest right now are JCT-USDT 139.50%, SIREN-USDT 120.24%, AIN-USDT 108.62%, SAMSUNG-USDT 73.23% and SKHYNIX-USDT 70.62%. A high positive rate means longs are paying a lot to hold the position.
Which coins have negative funding right now?
The most negative right now are ERA-USDT -1364.41%, BTW-USDT -501.65%, CT-USDT -229.58%, BMT-USDT -224.84% and SAND-USDT -136.04%. On these contracts shorts are paying longs.
How many coins have an extreme funding rate right now?
16 of the 300 actively traded contracts have an average funding rate of 50% a year or more in either direction. The median contract annualises to 8.33%.
Funding rates are reset at every settlement, so these answers describe today's market, not a forecast.