ChangeNOW Funding Rate (NOW)

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

ChangeNOW current price: $127.13

Rate MatrixHeatmapCumulative Fees

NOW Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Bybit+0.0000%+0.00%8h16:00 UTC$1.5M
2Bitget+0.0000%+0.00%8h$0.7M
3KuCoinhighest+0.0100%+10.95%8h16:00 UTC$0.5M
4WhiteBIT+0.0100%+10.95%8h16:00 UTC$0.3M
5Gate+0.0100%+10.95%8h16:00 UTC$0.2M
6Lighter+0.0032%+28.03%1h$0.0M
7Aster+0.0000%+0.00%8h16:00 UTC$0.0M
8Crypto.com-0.0009%$0.0M
9Binance+0.0000%+0.00%8h16:00 UTC
10HTX+0.0000%+0.00%8h16:00 UTC
11Bitunix-0.0028%-3.10%8h16:00 UTC
12LBank+0.0000%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0025%
OI-Weighted Rate
+0.0028%
Volume-Weighted Rate
+0.0015%

NOW Funding Rate History

NOW 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+0.0000%+0.0528%+0.1830%+0.2369%

About ChangeNOW Funding Rate

What is the NOW funding rate?

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

What does a positive or negative NOW funding rate mean?

A persistently positive NOW 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 NOW funding rate?

As of now, the NOW funding rate averages 0.0025% across 12 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 NOW funding rate?

Right now gate shows the highest (or most extreme) NOW funding rate among tracked exchanges, at 0.0100%. 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.