Succinct Funding Rate (PROVE)

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

Succinct current price: $0.1643

Rate MatrixHeatmapCumulative Fees

PROVE Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1KuCoin+0.0050%+10.95%4h00:00 UTC$4.9M
2Binance+0.0050%+10.95%4h00:00 UTC$2.2M
3Bybit-0.0038%-8.23%4h00:00 UTC$1.2M
4Bitget+0.0050%+10.95%4h$0.5M
5WhiteBIT+0.0050%+10.95%4h00:00 UTC$0.4M
6MEXC+0.0050%$0.3M
7Hyperliquid+0.0013%+10.95%1h$0.2M
8Gate+0.0050%+10.95%4h00:00 UTC$0.1M
9Lighterhighest+0.0096%+84.10%1h$0.0M
10Aster+0.0050%+10.95%4h00:00 UTC$0.0M
11Crypto.com+0.0035%$0.0M
12BingX+0.0050%00:00 UTC
13Bitunix+0.0050%+10.95%4h00:00 UTC
14LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0043%
OI-Weighted Rate
+0.0039%
Volume-Weighted Rate
+0.0039%

PROVE Funding Rate History

PROVE 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%+0.0462%+0.3515%+0.5759%

About Succinct Funding Rate

What is the PROVE funding rate?

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

What does a positive or negative PROVE funding rate mean?

A persistently positive PROVE 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 PROVE funding rate?

As of now, the PROVE funding rate averages 0.0043% across 14 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 PROVE funding rate?

Right now lighter shows the highest (or most extreme) PROVE funding rate among tracked exchanges, at 0.0096%. 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.