MEGA Funding Rate (MegaETH)

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

MegaETH current price: $0.04339

Rate MatrixHeatmapCumulative Fees

MEGA Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h04:00 UTC$6.1M
2Hyperliquid+0.0013%+10.95%1h$5.1M
3Bybit+0.0050%+10.95%4h04:00 UTC$4.5M
4WhiteBIT+0.0050%+10.95%4h04:00 UTC$1.3M
5Bitget+0.0050%+10.95%4h$1.1M
6KuCoin+0.0050%+10.95%4h04:00 UTC$0.4M
7MEXC+0.0050%$0.2M
8Gate-0.0030%-6.57%4h04:00 UTC$0.1M
9Lighterhighest+0.0096%+84.10%1h$0.1M
10Backpack+0.0013%+10.95%1h02:00 UTC$0.1M
11Aster+0.0013%+10.95%1h02:00 UTC$0.0M
12Coinbase+0.0038%+33.29%1h$0.0M
13Crypto.com+0.0056%$0.0M
14edgeX+0.0000%+0.00%4h04:00 UTC$0.0M
15BingX+0.0050%04:00 UTC
16Bitunix+0.0050%+10.95%4h04:00 UTC
17LBank+0.0050%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0038%
OI-Weighted Rate
+0.0040%
Volume-Weighted Rate
+0.0046%

MEGA Funding Rate History

MEGA 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+0.0043%+0.0796%+0.4523%+0.4523%

About MegaETH Funding Rate

What is the MEGA funding rate?

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

What does a positive or negative MEGA funding rate mean?

A persistently positive MEGA 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 MEGA funding rate?

As of now, the MEGA funding rate averages 0.0038% across 17 exchanges CoinBoss tracks, and the rate is positive. 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 MEGA funding rate?

Right now lighter shows the highest (or most extreme) MEGA funding rate among tracked exchanges, at 0.0096%. 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.