The current perpetual futures funding rate for every coin listed on at least two exchanges: Binance, Bybit, OKX, Bitget, Gate.io, MEXC and more. Updated every minute, free, no sign-up.
Rate per settlement. A "4h" or "1h" mark means the venue settles more often than the usual 8 hours. Positive: longs pay shorts; negative: shorts pay longs. Max spread is the gap between the highest and lowest rate, scaled to 8 hours. Click a header to sort.
What a funding rate is
A perpetual future never expires, so what keeps its price near spot is the funding rate: a regular payment between holders of long and short positions. When the perpetual trades above spot the rate is positive and longs pay shorts; below spot, the other way round. The exchange only passes the payment between traders and keeps none of it.
How to read the table
Each row is a coin, each column an exchange. A cell holds the rate that venue will charge at its next settlement.
- Most venues settle every 8 hours, some every 4 hours or every hour. The same number on different periods is a different daily payment, so switch to Annualised to compare venues with each other.
- A high positive rate means the market leans long, a negative one that it leans short. The larger the open interest, the more money stands behind that lean.
- The rate changes with every settlement. The number in the table is the current charge, not a promise for the days ahead.
Why rates differ between exchanges
Each venue has its own traders, its own rate formula, its own caps and its own settlement period. So one coin can cost longs 0.03% per 8 hours on one venue and pay them 0.01% on another. That gap is what a delta-neutral trade is built on: short where funding is received, long where less is paid, and the coin price barely moves the result.
What is left after fees
A rate difference is not yet a profit. Opening and closing fees on both legs, slippage and the risk of the rates turning all come out of it. The numbers are worked through in Funding rate arbitrage and The funding rate in plain words.
Questions and answers
How often are the rates updated?
Once a minute. The table takes its rates from the same requests to the exchanges as our futures screener, so it shows what the venues show on their own pages.
What does a negative funding rate mean?
That the perpetual trades below spot and at the next settlement shorts will pay longs. It usually means the market leans towards short positions.
Why do some exchanges settle every 8 hours and others more often?
Each venue picks its own period. Binance and most large venues settle every 8 hours; some contracts and smaller venues every 4 hours or hourly. The table marks those rates, and Annualised mode puts them all on one scale.
How is the annual rate calculated?
The rate per period times the number of settlements in a year: for an 8-hour period, times 3 × 365. It is a scale for comparison, not a forecast: the rate changes with every settlement.
Can you earn on the rate difference between exchanges?
Yes, with a delta-neutral position: short on the venue with the higher rate, long on the one with the lower. But after fees on two legs and changing rates the result can go either way, so it has to be worked out before entering. That is what the Funding and OI screener does.
Do I need to sign up?
Not for this table. Sign-up is for the screeners, which show venue pairs, the rate gap, turnover and how open interest moves.
Binance
Bybit
OKX
Bitget
Gate.io
MEXC
KuCoin
BingX