Pharos Funding Rate (PROS)

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

Pharos current price: $0.3978

Rate MatrixHeatmapCumulative Fees

PROS Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1KuCoin+0.0079%+17.30%4h16:00 UTC$1.7M
2Bitget+0.0050%+10.95%4h$0.9M
3Gate+0.0050%+10.95%4h16:00 UTC$0.2M
4Aster+0.0082%+72.14%1h13:00 UTC$0.0M
5LBankhighest+0.0305%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0113%
OI-Weighted Rate
+0.0068%
Volume-Weighted Rate
+0.0155%

PROS Funding Rate History

About Pharos Funding Rate

What is the PROS funding rate?

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

What does a positive or negative PROS funding rate mean?

A persistently positive PROS 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 PROS funding rate?

As of now, the PROS funding rate averages 0.0113% across 5 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 PROS funding rate?

Right now lbank shows the highest (or most extreme) PROS funding rate among tracked exchanges, at 0.0305%. 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.