Funding Rate (BASED)

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

current price: $0.06901

Rate MatrixHeatmapCumulative Fees

BASED Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXC+0.0050%$9.1M
2Binance+0.0050%+10.95%4h08:00 UTC$4.4M
3Bybit+0.0050%+10.95%4h08:00 UTC$1.6M
4Bitget+0.0050%+10.95%4h$1.3M
5WhiteBIT+0.0050%+10.95%4h08:00 UTC$1.3M
6KuCoin+0.0050%+10.95%4h08:00 UTC$1.1M
7Gatehighest+0.0374%+81.91%4h08:00 UTC$0.5M
8Aster+0.0044%+38.40%1h07:00 UTC$0.0M
9Crypto.com+0.0058%$0.0M
10BingX+0.0050%08:00 UTC
11Bitunix+0.0050%+10.95%4h08:00 UTC
12LBank+0.0050%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0077%
OI-Weighted Rate
+0.0058%
Volume-Weighted Rate
+0.0072%

BASED Funding Rate History

BASED 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+0.0100%+0.1900%+1.0997%+2.9818%
Gate+0.0000%+0.0000%+0.2816%+1.5058%
Bitget+0.0000%+0.0000%+0.1720%+1.1789%
Bybit+0.0000%+0.0000%+0.0550%+0.9392%
OKX+0.0000%+0.0000%+0.0550%+0.7388%

About Funding Rate

What is the BASED funding rate?

The BASED 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 BASED perpetual position.

What does a positive or negative BASED funding rate mean?

A persistently positive BASED 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 BASED funding rate?

As of now, the BASED funding rate averages 0.0077% across 12 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 BASED funding rate?

Right now gate shows the highest (or most extreme) BASED funding rate among tracked exchanges, at 0.0374%. 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.