GWEI Funding Rate (ETHGas)

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

ETHGas current price: $0.02580

Rate MatrixHeatmapCumulative Fees

GWEI Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0013%+10.95%1h00:00 UTC$5.1M
2KuCoin+0.0013%+11.39%1h00:00 UTC$2.1M
3Bitgethighest-0.0099%-86.72%1h$1.2M
4Bybit+0.0021%+4.53%4h00:00 UTC$0.9M
5MEXC+0.0012%$0.2M
6Gate-0.0075%-65.70%1h00:00 UTC$0.1M
7Aster+0.0013%+10.95%1h00:00 UTC$0.0M
8BingX-0.0091%00:00 UTC
9Bitunix+0.0013%+10.95%1h00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0020%
OI-Weighted Rate
-0.0001%
Volume-Weighted Rate
+0.0004%

GWEI Funding Rate History

GWEI 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-0.1543%-12.2865%-79.9679%-79.9679%

About ETHGas Funding Rate

What is the GWEI funding rate?

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

What does a positive or negative GWEI funding rate mean?

A persistently positive GWEI 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 GWEI funding rate?

As of now, the GWEI funding rate averages -0.0020% across 9 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 GWEI funding rate?

Right now bitget shows the highest (or most extreme) GWEI funding rate among tracked exchanges, at -0.0099%. 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.