Numeraire Funding Rate (NMR)

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

Numeraire current price: $8.53

Rate MatrixHeatmapCumulative Fees

NMR Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXC+0.0050%$4.5M
2Binance+0.0050%+10.95%4h00:00 UTC$1.3M
3Bitget+0.0050%+10.95%4h$0.8M
4Bybit+0.0050%+10.95%4h00:00 UTC$0.7M
5KuCoin+0.0050%+10.95%4h00:00 UTC$0.3M
6WhiteBIT+0.0050%+10.95%4h00:00 UTC$0.3M
7Gate+0.0100%+10.95%8h00:00 UTC$0.1M
8Lighter+0.0096%+84.10%1h$0.1M
9Krakenhighest+0.0405%$0.0M
10BingX+0.0050%00:00 UTC
11Bitunix+0.0050%+10.95%4h00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0091%
OI-Weighted Rate
+0.0052%
Volume-Weighted Rate
+0.0051%

NMR Funding Rate History

NMR 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%-0.1240%-0.3268%+0.0949%

About Numeraire Funding Rate

What is the NMR funding rate?

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

What does a positive or negative NMR funding rate mean?

A persistently positive NMR 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 NMR funding rate?

As of now, the NMR funding rate averages 0.0091% across 11 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 NMR funding rate?

Right now kraken shows the highest (or most extreme) NMR funding rate among tracked exchanges, at 0.0405%. 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.