OPG Funding Rate (OpenGradient)

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

OpenGradient current price: $0.1063

Rate MatrixHeatmapCumulative Fees

OPG Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$4.9M
2KuCoin+0.0050%+10.95%4h00:00 UTC$2.2M
3Bybit+0.0050%+10.95%4h00:00 UTC$1.9M
4WhiteBIT+0.0050%+10.95%4h00:00 UTC$1.0M
5Bitget+0.0050%+10.95%4h$0.6M
6Aster+0.0013%+10.95%1h00:00 UTC$0.4M
7MEXC+0.0050%$0.3M
8Gate+0.0050%+10.95%4h00:00 UTC$0.2M
9Coinbasehighest+0.0064%+56.06%1h$0.0M
10BingX+0.0050%00:00 UTC
11Bitunix+0.0050%+10.95%4h00:00 UTC
12LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0048%
OI-Weighted Rate
+0.0049%
Volume-Weighted Rate
+0.0050%

OPG Funding Rate History

OPG 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
Bybit+0.0000%+0.0000%-2.0824%-2.0824%
OKX+0.0000%+0.0000%-1.9270%-1.9270%
Gate+0.0000%+0.0000%-1.9086%-1.9086%
Binance+0.0050%+0.1850%-1.8887%-1.8887%
Bitget+0.0000%+0.0000%-1.7488%-1.7488%

About OpenGradient Funding Rate

What is the OPG funding rate?

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

What does a positive or negative OPG funding rate mean?

A persistently positive OPG 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 OPG funding rate?

As of now, the OPG funding rate averages 0.0048% 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 OPG funding rate?

Right now coinbase shows the highest (or most extreme) OPG funding rate among tracked exchanges, at 0.0064%. 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.