Funding Rate (CAP)

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

current price: $0.06464

Rate MatrixHeatmapCumulative Fees

CAP Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance-0.0315%-68.92%4h00:00 UTC$13.2M
2Bybit+0.0000%+0.00%4h00:00 UTC$7.8M
3Bitget-0.0231%-50.59%4h$1.8M
4KuCoin-0.0163%-35.70%4h00:00 UTC$1.4M
5MEXC-0.0314%$1.0M
6Gate-0.0100%-21.90%4h00:00 UTC$0.7M
7Lighter+0.0056%+49.06%1h$0.1M
8Aster-0.0023%-19.93%1h00:00 UTC$0.1M
9Crypto.com-0.0006%$0.0M
10HTX+0.0050%+10.95%4h00:00 UTC
11BingX-0.0306%00:00 UTC
12Bitunixhighest-0.0344%-75.39%4h00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0141%
OI-Weighted Rate
-0.0198%
Volume-Weighted Rate
-0.0233%

CAP Funding Rate History

CAP 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
OKX+0.0000%-5.6358%-6.0928%-5.9031%
Bitget+0.0000%-5.5176%-5.9205%-5.8405%
Binance-0.0058%-5.1116%-5.6170%-4.8612%
Bybit+0.0000%-5.0887%-5.5236%-5.5019%
Gate+0.0000%-5.1558%-5.4385%-5.2750%
HTX+0.0000%-1.9276%-1.9276%-1.8926%

About Funding Rate

What is the CAP funding rate?

The CAP 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 CAP perpetual position.

What does a positive or negative CAP funding rate mean?

A persistently positive CAP 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 CAP funding rate?

As of now, the CAP funding rate averages -0.0141% across 12 exchanges CoinBoss tracks, and the rate is negative. 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 CAP funding rate?

Right now bitunix shows the highest (or most extreme) CAP funding rate among tracked exchanges, at -0.0344%. 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.