FRAX Funding Rate (Frax)

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

Frax current price: $0.2739

Rate MatrixHeatmapCumulative Fees

FRAX Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h04:00 UTC$1.1M
2Bitget+0.0050%+10.95%4h$0.4M
3MEXC+0.0050%$0.0M
4Gate+0.0050%+10.95%4h04:00 UTC$0.0M
5KuCoin+0.0050%+10.95%4h04:00 UTC$0.0M
6Aster+0.0013%+10.95%1h01:00 UTC$0.0M
7Crypto.comhighest-0.1202%$0.0M
8BingX+0.0050%04:00 UTC
9Bitunix+0.0050%+10.95%4h04:00 UTC
10LBank+0.0050%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0079%
OI-Weighted Rate
+0.0049%
Volume-Weighted Rate
+0.0049%

FRAX Funding Rate History

FRAX 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%+0.0056%+0.1108%+0.1108%

About Frax Funding Rate

What is the FRAX funding rate?

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

What does a positive or negative FRAX funding rate mean?

A persistently positive FRAX 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 FRAX funding rate?

As of now, the FRAX funding rate averages -0.0079% across 10 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 FRAX funding rate?

Right now cryptocom shows the highest (or most extreme) FRAX funding rate among tracked exchanges, at -0.1202%. 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.