Funding rates

The rate each exchange charges for the current interval, its own interval, and the yearly rate that works out to. Positive: longs pay shorts.

PairBitunixKCEXMEXCBybitBinanceOKXBitget
BTCUSDT+0.4277 %interval ––interval –+0.0045 %every 8 h · +4.9 %/yr+0.0093 %every 8 h · +10.2 %/yr+0.0045 %every 8 h · +5.0 %/yr+0.0023 %every 8 h · +2.5 %/yr+0.0038 %every 8 h · +4.2 %/yr
ETHUSDT−0.0889 %interval ––interval –−0.0023 %every 8 h · −2.5 %/yr+0.0010 %every 8 h · +1.1 %/yr−0.0023 %every 8 h · −2.5 %/yr−0.0083 %every 8 h · −9.0 %/yr+0.0003 %every 8 h · +0.3 %/yr
SOLUSDT+0.9793 %interval ––interval –−0.0106 %every 8 h · −11.6 %/yr−0.0034 %every 8 h · −3.7 %/yr−0.0108 %every 8 h · −11.8 %/yr−0.0104 %every 8 h · −11.4 %/yr−0.0131 %every 8 h · −14.3 %/yr
XRPUSDT+0.6939 %interval ––interval –+0.0017 %every 8 h · +1.9 %/yr+0.0052 %every 8 h · +5.7 %/yr+0.0018 %every 8 h · +1.9 %/yr+0.0000 %every 8 h · +0.0 %/yr−0.0110 %every 8 h · −12.0 %/yr
DOGEUSDT+0.1078 %interval ––interval –−0.0010 %every 8 h · −1.1 %/yr+0.0019 %every 8 h · +2.1 %/yr−0.0011 %every 8 h · −1.2 %/yr−0.0052 %every 8 h · −5.7 %/yr+0.0014 %every 8 h · +1.5 %/yr

The yearly rate is the current rate times the number of intervals in a year; it is only shown where the exchange states its interval. The rate changes every interval.

Seven-day average

The average of the hourly readings over the last seven days, where at least a day of readings exists.

ExchangeBTCETHSOLXRPDOGE
Bitunix–––––
KCEX–––––
MEXC–––––
Bybit–––––
Binance–––––
OKX–––––
Bitget–––––

BTCUSDT over the last seven days

Hourly readings of the funding rate on each exchange.

The history starts with the first readings and fills up over the coming days.

ETHUSDT over the last seven days

The history starts with the first readings and fills up over the coming days.

Reading the rate

A rate of 0.0100 % on a 10,000 USDT position is 1 USDT per interval. With an eight-hour interval that is three payments a day; with a one-hour interval it is twenty-four. Comparing exchanges by the rate alone misses that, which is why the interval is shown beside it. 0.0100 % every eight hours works out to 10.95 % a year if it stayed the same.