BASED Funding Rate (Based)

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

Based current price: $0.08507

Rate MatrixHeatmapCumulative Fees

BASED Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h04:00 UTC$5.1M
2MEXC+0.0050%$3.8M
3Bybit+0.0050%+10.95%4h04:00 UTC$3.0M
4KuCoinhighest-0.0400%-87.60%4h04:00 UTC$1.8M
5WhiteBIT+0.0050%+10.95%4h04:00 UTC$1.5M
6Bitget+0.0050%+10.95%4h$1.4M
7Gate+0.0050%+10.95%4h04:00 UTC$0.3M
8Aster+0.0013%+10.95%1h02:00 UTC$0.1M
9Crypto.com+0.0026%$0.0M
10HTX+0.0050%+10.95%4h04:00 UTC
11BingX+0.0050%04:00 UTC
12Bitunix+0.0050%+10.95%4h04:00 UTC
13LBank+0.0050%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0011%
OI-Weighted Rate
+0.0001%
Volume-Weighted Rate
+0.0038%

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+0.0050%+0.1659%+0.8738%+2.1856%
Gate+0.0000%+0.0000%+0.6934%+1.2294%
Bitget+0.0000%+0.0000%+0.5608%+1.5756%
Bybit+0.0000%+0.0000%+0.5178%+1.7032%
OKX+0.0000%+0.0000%+0.3617%+0.9595%

About Based Funding Rate

What is the BASED funding rate?

The BASED funding rate is a periodic payment between long and short traders on Based 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 0.0011% 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 BASED funding rate?

Right now kucoin shows the highest (or most extreme) BASED funding rate among tracked exchanges, at -0.0400%. 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.