Algorand Funding Rate (ALGO)

Compare Algorand perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Algorand current price: $0.09469

Rate MatrixHeatmapCumulative Fees

ALGO Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXC+0.0100%$8.1M
2Binance+0.0100%+10.95%8h00:00 UTC$8.0M
3Bybit+0.0100%+10.95%8h00:00 UTC$8.0M
4KuCoin+0.0100%+10.95%8h00:00 UTC$5.1M
5Bitget+0.0100%+10.95%8h$5.0M
6Hyperliquid+0.0013%+10.95%1h$2.7M
7WhiteBIT+0.0100%+10.95%8h00:00 UTC$2.0M
8Gate+0.0100%+10.95%8h00:00 UTC$0.8M
9Kraken+0.0014%$0.8M
10CoinExhighest+0.0261%+28.57%8h08:00 UTC$0.3M
11dYdX+0.0032%+28.18%1h$0.1M
12Coinbase-0.0001%-0.88%1h$0.1M
13Aster+0.0013%+10.95%1h00:00 UTC$0.0M
14Crypto.com-0.0154%$0.0M
15HTX+0.0100%+10.95%8h00:00 UTC
16BingX+0.0100%00:00 UTC
17Bitunix+0.0100%+10.95%8h00:00 UTC
18LBank+0.0100%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0071%
OI-Weighted Rate
+0.0093%
Volume-Weighted Rate
+0.0097%

ALGO Funding Rate History

ALGO Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0045%+0.0944%+0.3721%+0.3833%

About Algorand Funding Rate

What is the ALGO funding rate?

The ALGO funding rate is a periodic payment between long and short traders on Algorand perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged ALGO perpetual position.

What does a positive or negative ALGO funding rate mean?

A persistently positive ALGO funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current ALGO funding rate?

As of now, the ALGO funding rate averages 0.0071% across 18 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest ALGO funding rate?

Right now coinex shows the highest (or most extreme) ALGO funding rate among tracked exchanges, at 0.0261%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.