Funding Rate (PROM)

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

current price: $1.93

Rate MatrixHeatmapCumulative Fees

PROM Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance-0.2998%-656.64%4h12:00 UTC$5.1M
2Bitget-0.2637%-577.50%4h$1.3M
3KuCoin-0.2567%-562.17%4h12:00 UTC$0.6M
4MEXC-0.2904%$0.6M
5Gate-0.2214%-484.87%4h12:00 UTC$0.4M
6Aster-0.0285%-249.46%1h12:00 UTC$0.1M
7BingX-0.3053%12:00 UTC
8Bitunixhighest-0.3259%-713.64%4h12:00 UTC
9LBank-0.2905%12:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.2536%
OI-Weighted Rate
-0.2847%
Volume-Weighted Rate
-0.2915%

PROM Funding Rate History

PROM 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-0.1856%-3.3394%-21.7262%-21.8421%
Bitget+0.0000%-0.2662%-15.5500%-15.5427%
Gate+0.0000%-0.2725%-15.2579%-15.6380%

About Funding Rate

What is the PROM funding rate?

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

What does a positive or negative PROM funding rate mean?

A persistently positive PROM 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 PROM funding rate?

As of now, the PROM funding rate averages -0.2536% across 9 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 PROM funding rate?

Right now bitunix shows the highest (or most extreme) PROM funding rate among tracked exchanges, at -0.3259%. 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.