Opinion Funding Rate (OPN)

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

Opinion current price: $0.05606

Rate MatrixHeatmapCumulative Fees

OPN Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$4.2M
2WhiteBIT+0.0050%+10.95%4h00:00 UTC$1.0M
3Bybit+0.0050%+10.95%4h00:00 UTC$0.7M
4MEXC+0.0050%$0.7M
5Bitget+0.0050%+10.95%4h$0.6M
6KuCoin+0.0050%+10.95%4h00:00 UTC$0.3M
7Gate+0.0050%+10.95%4h00:00 UTC$0.2M
8Coinbase+0.0124%+108.62%1h$0.0M
9Aster+0.0013%+10.95%1h23:00 UTC$0.0M
10Krakenhighest+0.0697%$0.0M
11BingX+0.0050%00:00 UTC
12Bitunix+0.0050%+10.95%4h00:00 UTC
13LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0103%
OI-Weighted Rate
+0.0050%
Volume-Weighted Rate
+0.0054%

OPN Funding Rate History

OPN 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%+0.1674%+0.6431%+1.1338%

About Opinion Funding Rate

What is the OPN funding rate?

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

What does a positive or negative OPN funding rate mean?

A persistently positive OPN 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 OPN funding rate?

As of now, the OPN funding rate averages 0.0103% across 13 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 OPN funding rate?

Right now kraken shows the highest (or most extreme) OPN funding rate among tracked exchanges, at 0.0697%. 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.