Perle Funding Rate (PRL)

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

Perle current price: $0.1218

Rate MatrixHeatmapCumulative Fees

PRL Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance-0.1196%-262.03%4h08:00 UTC$2.5M
2KuCoin-0.1088%-238.27%4h12:00 UTC$2.1M
3Bitget-0.0797%-174.54%4h$1.0M
4Bybit+0.0050%+10.95%4h12:00 UTC$0.8M
5MEXC-0.1188%$0.3M
6Gate-0.0816%-178.70%4h08:00 UTC$0.2M
7Aster-0.0250%-219.13%1h08:00 UTC$0.1M
8Coinbase-0.0127%-111.25%1h$0.0M
9Crypto.com+0.0189%$0.0M
10BingX-0.0372%08:00 UTC
11Bitunixhighest-0.1240%-271.49%4h08:00 UTC
12LBank-0.1196%12:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0669%
OI-Weighted Rate
-0.0938%
Volume-Weighted Rate
-0.0985%

PRL Funding Rate History

PRL 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%-0.5569%+0.4728%+2.2930%

About Perle Funding Rate

What is the PRL funding rate?

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

What does a positive or negative PRL funding rate mean?

A persistently positive PRL 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 PRL funding rate?

As of now, the PRL funding rate averages -0.0669% across 12 exchanges CoinBoss tracks, and the rate is negative. 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 PRL funding rate?

Right now bitunix shows the highest (or most extreme) PRL funding rate among tracked exchanges, at -0.1240%. 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.