PYTH Funding Rate (Pyth Network)

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

Pyth Network current price: $0.04744

Rate MatrixHeatmapCumulative Fees

PYTH Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance-0.0025%-5.51%4h04:00 UTC$7.7M
2Bybit+0.0050%+10.95%4h04:00 UTC$3.9M
3KuCoin+0.0050%+10.95%4h04:00 UTC$1.8M
4Hyperliquid-0.0004%-3.78%1h$1.6M
5WhiteBIT+0.0050%+10.95%4h04:00 UTC$1.6M
6Bitget+0.0006%+1.31%4h$1.5M
7MEXC-0.0025%$1.2M
8Gate+0.0050%+10.95%4h04:00 UTC$0.3M
9Kraken-0.0021%$0.3M
10Lighter+0.0096%+84.10%1h$0.1M
11dYdX+0.0000%+0.00%1h$0.1M
12Backpack+0.0013%+10.95%1h02:00 UTC$0.1M
13CoinEx-0.0090%-9.85%8h16:00 UTC$0.1M
14Crypto.com-0.0040%$0.1M
15Coinbasehighest-0.0237%-207.61%1h$0.0M
16Aster+0.0050%+10.95%4h04:00 UTC$0.0M
17Paradex+0.0041%+4.46%8h$0.0M
18edgeX+0.0050%+10.95%4h04:00 UTC$0.0M
19BingX-0.0047%04:00 UTC
20Bitunix-0.0054%-11.92%4h04:00 UTC
21LBank-0.0032%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0006%
OI-Weighted Rate
+0.0007%
Volume-Weighted Rate
-0.0008%

PYTH Funding Rate History

PYTH 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%+0.1016%+0.4329%+0.4329%

About Pyth Network Funding Rate

What is the PYTH funding rate?

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

What does a positive or negative PYTH funding rate mean?

A persistently positive PYTH 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 PYTH funding rate?

As of now, the PYTH funding rate averages -0.0006% across 21 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 PYTH funding rate?

Right now coinbase shows the highest (or most extreme) PYTH funding rate among tracked exchanges, at -0.0237%. 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.