Funding Rate (CL)

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

current price: $86.53

Rate MatrixHeatmapCumulative Fees

CL Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1WhiteBIT+0.0300%+65.68%4h16:00 UTC$46.3M
2Bitget-0.0243%-53.22%4h$36.7M
3Bybithighest-0.0488%-53.49%8h16:00 UTC$33.7M
4Gate-0.0375%-41.06%8h16:00 UTC$14.1M
5KuCoin-0.0181%-39.64%4h16:00 UTC$9.5M
6Aster-0.0178%-38.90%4h16:00 UTC$1.7M
7CoinEx+0.0000%+0.00%8h00:00 UTC$0.4M
8Crypto.com-0.0172%$0.3M
9Paradex-0.0007%-0.80%8h$0.0M
10edgeX+0.0000%+0.00%4h12:00 UTC$0.0M
11Binance-0.0158%-34.58%4h16:00 UTC
12Bitunix-0.0257%-56.35%4h16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0147%
OI-Weighted Rate
-0.0132%
Volume-Weighted Rate
-0.0187%

CL Funding Rate History

CL 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-0.0096%-0.1568%-2.1104%-3.4358%
OKX-0.0533%-0.1381%-1.7663%-1.4088%
Gate-0.0506%-0.2854%-1.6284%-1.2314%
Bitget-0.0525%-0.1264%-1.4332%-2.0155%
Bybit-0.0396%-0.1109%-1.3899%-0.7840%

About Funding Rate

What is the CL funding rate?

The CL 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 CL perpetual position.

What does a positive or negative CL funding rate mean?

A persistently positive CL 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 CL funding rate?

As of now, the CL funding rate averages -0.0147% 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 CL funding rate?

Right now bybit shows the highest (or most extreme) CL funding rate among tracked exchanges, at -0.0488%. 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.