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Funding rates · BTC-U

Live Bitcoin (BTC-U) perpetual funding rates on Binance, converted into what holding the position costs in dollars.

Updated 2026-10-21 00:10 UTC

BTC-U

Cost of holding this position

1 exchange

+$90.00

$10.0k · 30 days · 1x Long

ExchangeBinanceDeep liquidity
of your margin0.90%
Open a Binance account Referral link · 20% off trading fees

Last 24 settlements

1 exchange
BinanceDeep liquidity+0.0100%

The estimate assumes today's funding rate stays the same for the whole holding period. In practice the rate changes at every settlement.

BTC-U · Long

BTC funding rate by exchange

1 exchange
#Exchange24h volume Funding rateAnnualised Bid-ask spread Cost for a long
1 BinanceDeep liquidity Cheapest $12.6M +0.0100%/8h 10.95% 0.000121% +$90.00
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BTC-U

BTC funding rate history: last 90 days

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What a $10,000 long position would have paid (+) or received (−) in funding on each exchange, at the funding rates each exchange published for every settlement. For a short, the signs are reversed.

Exchange Settlements Last 7 days Last 30 days Last 90 days Average, annualised Positive settlements Lowest / highest
Binance 90 /8h +$18.38 +$42.46 +$188.70 5.17% 84% -0.0118% / +0.0100%

BTC-U

BTC funding rate history by day

Each cell adds up every settlement on that exchange during one UTC day. Multiply by your position size for the day's payment: +0.0300% on $10,000 is $3.

Date (UTC) Binance
2026-10-20+0.0291%
2026-10-19+0.0300%
2026-10-18+0.0300%
2026-10-17+0.0277%
2026-10-16+0.0243%
2026-10-15+0.0208%
2026-10-14+0.0133%
2026-10-13+0.0300%
2026-10-12+0.0300%
2026-10-11+0.0300%
2026-10-10+0.0299%
2026-10-09+0.0300%
2026-10-08+0.0149%
2026-10-07+0.0133%

BTC-U

BTC funding rate: common questions

Do longs or shorts pay BTC funding right now?

Longs pay shorts on Binance: the next BTC funding rate there is +0.0100%.

On Binance the rate has been positive for 45 settlements in a row, so this is a lasting cost for longs rather than a one-off spike.

Is the BTC funding rate high right now?

Not unusually. At the last settlement on Binance the rate was +0.0100%, close to its typical size of 0.0069% per settlement over the past 30 days.

Is the BTC perpetual trading above or below spot?

Below. On the one exchange here that publishes an index price, the BTC perpetual's mark price is 0.0778% below the spot index. A lasting discount pulls the next funding rate down.

When is the next BTC funding payment?

Binance: every 8 hours, next at 2026-10-21 08:00 UTC.

Only positions that are open at the settlement time pay or receive funding.

What was the highest BTC funding rate in the last 30 days?

The highest settled rate was +0.0100% on Binance (2026-10-21 00:00 UTC); the lowest was -0.0118% on Binance (2026-09-21 08:00 UTC).

On Binance the rate switched between positive and negative 9 times over the 30 days.

How much has BTC funding cost over the past 30 days?

At the funding rates the exchange published, holding a $10,000 long for the past 30 days would have cost $42.46 on Binance.

Funding rates are reset at every settlement, so these answers describe today's market, not a forecast.

Funding rates for other perpetual contracts