Canopy Funding Rate (CNPY)

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

Canopy current price: $0.1938

Rate MatrixHeatmapCumulative Fees

CNPY Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Gate-0.0744%-162.94%4h20:00 UTC$0.2M
2MEXC+0.0750%$0.2M
3BingX+0.0551%20:00 UTC
4LBankhighest-0.0814%20:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0064%
OI-Weighted Rate
-0.0045%
Volume-Weighted Rate
-0.0682%

CNPY Funding Rate History

About Canopy Funding Rate

What is the CNPY funding rate?

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

What does a positive or negative CNPY funding rate mean?

A persistently positive CNPY 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 CNPY funding rate?

As of now, the CNPY funding rate averages -0.0064% across 4 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 CNPY funding rate?

Right now lbank shows the highest (or most extreme) CNPY funding rate among tracked exchanges, at -0.0814%. 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.