Squid Funding Rate (QUID)

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

Squid current price: $0.06870

Rate MatrixHeatmapCumulative Fees

QUID Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXChighest+0.0148%$0.0M
2BingX+0.0104%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0126%
OI-Weighted Rate
+0.0148%
Volume-Weighted Rate
+0.0148%

QUID Funding Rate History

About Squid Funding Rate

What is the QUID funding rate?

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

What does a positive or negative QUID funding rate mean?

A persistently positive QUID 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 QUID funding rate?

As of now, the QUID funding rate averages 0.0126% across 2 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 QUID funding rate?

Right now mexc shows the highest (or most extreme) QUID funding rate among tracked exchanges, at 0.0148%. 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.