OpenLedger Funding Rate (OPEN)

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

OpenLedger current price: $0.1598

Rate MatrixHeatmapCumulative Fees

OPEN Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1KuCoin+0.0050%+10.95%4h20:00 UTC$8.5M
2Binance+0.0050%+10.95%4h20:00 UTC$8.4M
3Bitget+0.0143%+31.32%4h$2.4M
4Bybit+0.0050%+10.95%4h20:00 UTC$2.1M
5WhiteBIT+0.0050%+10.95%4h20:00 UTC$1.5M
6Gate+0.0100%+10.95%8h00:00 UTC$0.8M
7Aster+0.0050%+10.95%4h20:00 UTC$0.3M
8Krakenhighest+0.0208%$0.0M
9edgeX-0.0050%-10.95%4h12:00 UTC$0.0M
10Bitunix+0.0050%+10.95%4h20:00 UTC
11LBank+0.0050%20:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0068%
OI-Weighted Rate
+0.0061%
Volume-Weighted Rate
+0.0055%

OPEN Funding Rate History

OPEN 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%+0.1800%+0.8700%+1.4550%

About OpenLedger Funding Rate

What is the OPEN funding rate?

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

What does a positive or negative OPEN funding rate mean?

A persistently positive OPEN 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 OPEN funding rate?

As of now, the OPEN funding rate averages 0.0068% 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 OPEN funding rate?

Right now kraken shows the highest (or most extreme) OPEN funding rate among tracked exchanges, at 0.0208%. 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.