BTC Funding Rate (Bitcoin)

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

Bitcoin current price: $65,566

Rate MatrixHeatmapCumulative Fees

BTC Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0075%+8.21%8h08:00 UTC$6.70B
2MEXC+0.0074%$5.71B
3Bybit+0.0054%+5.93%8h08:00 UTC$3.59B
4Hyperliquid+0.0013%+10.95%1h$2.49B
5Bitget-0.0006%-0.66%8h$2.29B
6Gate+0.0003%+0.33%8h08:00 UTC$2.16B
7OKX+0.0011%+1.19%8h08:00 UTC$2.05B
8KuCoinhighest-0.0230%-25.19%8h08:00 UTC$1.77B
9WhiteBIT+0.0060%+6.57%8h08:00 UTC$1.62B
10Deribit+0.0019%+2.05%8h$751.2M
11Bitfinex+0.0075%08:00 UTC$582.1M
12Crypto.com+0.0004%$400.9M
13Aster+0.0065%+7.15%8h08:00 UTC$385.2M
14Kraken-0.0001%$127.2M
15Coinbase+0.0003%+2.63%1h$124.5M
16Lighter+0.0032%+28.03%1h$121.9M
17edgeX+0.0050%+10.95%4h08:00 UTC$108.8M
18CoinEx+0.0000%+0.00%8h16:00 UTC$68.3M
19Backpack+0.0013%+10.95%1h06:00 UTC$25.3M
20dYdX+0.0002%+1.58%1h$18.1M
21BitMEX-0.0072%-7.88%8h12:00 UTC$12.2M
22Paradex+0.0073%+7.96%8h$4.4M
23HTX+0.0037%+4.09%8h08:00 UTC
24BingX-0.0006%08:00 UTC
25Bitunix+0.0081%+8.88%8h08:00 UTC
26LBank+0.0075%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0019%
OI-Weighted Rate
+0.0030%
Volume-Weighted Rate
+0.0036%

BTC Funding Rate History

BTC 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+0.0053%+0.1009%+0.4806%+0.7440%
OKX+0.0022%+0.0927%+0.4082%+0.6264%
Bitget+0.0108%+0.0841%+0.3874%+0.5648%
Gate+0.0074%+0.0841%+0.3622%+0.4230%
Bybit+0.0082%+0.0929%+0.3304%+0.5714%
HTX+0.0155%+0.1384%+0.2260%+0.2964%

About Bitcoin Funding Rate

What is the BTC funding rate?

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

What does a positive or negative BTC funding rate mean?

A persistently positive BTC 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 BTC funding rate?

As of now, the BTC funding rate averages 0.0019% across 26 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 BTC funding rate?

Right now kucoin shows the highest (or most extreme) BTC funding rate among tracked exchanges, at -0.0230%. 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.