Funding Rate (API3)

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

current price: $0.2060

Rate MatrixHeatmapCumulative Fees

API3 Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1KuCoin+0.0050%+10.95%4h16:00 UTC$2.3M
2Binance+0.0050%+10.95%4h16:00 UTC$2.1M
3Bybit+0.0050%+10.95%4h16:00 UTC$0.8M
4Bitget+0.0050%+10.95%4h$0.5M
5WhiteBIT+0.0050%+10.95%4h16:00 UTC$0.5M
6MEXC+0.0050%$0.3M
7Gate+0.0100%+10.95%8h16:00 UTC$0.1M
8Krakenhighest-0.0190%$0.0M
9Crypto.com-0.0077%$0.0M
10Aster+0.0013%+10.95%1h13:00 UTC$0.0M
11BingX+0.0050%16:00 UTC
12Bitunix+0.0050%+10.95%4h16:00 UTC
13LBank+0.0050%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0023%
OI-Weighted Rate
+0.0050%
Volume-Weighted Rate
+0.0050%

API3 Funding Rate History

API3 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+0.0050%+0.0900%+0.3764%+0.7837%

About Funding Rate

What is the API3 funding rate?

The API3 funding rate is a periodic payment between long and short traders on 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 API3 perpetual position.

What does a positive or negative API3 funding rate mean?

A persistently positive API3 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 API3 funding rate?

As of now, the API3 funding rate averages 0.0023% across 13 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 API3 funding rate?

Right now kraken shows the highest (or most extreme) API3 funding rate among tracked exchanges, at -0.0190%. 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.