RUNE Funding Rate (THORChain)

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

THORChain current price: $0.4550

Rate MatrixHeatmapCumulative Fees

RUNE Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0017%+1.81%8h08:00 UTC$3.8M
2MEXC+0.0018%$3.3M
3Bybit-0.0114%-12.49%8h08:00 UTC$2.5M
4Hyperliquid+0.0013%+10.95%1h$1.9M
5Bitget+0.0100%+10.95%8h$1.1M
6KuCoinhighest-0.0269%-29.46%8h08:00 UTC$0.8M
7WhiteBIT+0.0100%+10.95%8h08:00 UTC$0.7M
8Gate-0.0022%-2.41%8h08:00 UTC$0.2M
9Kraken-0.0143%$0.1M
10Coinbase+0.0008%+7.01%1h$0.1M
11CoinEx+0.0099%+10.85%8h16:00 UTC$0.1M
12dYdX+0.0000%+0.00%1h$0.0M
13Crypto.com+0.0082%$0.0M
14BingX+0.0100%08:00 UTC
15Bitunix+0.0048%+5.30%8h08:00 UTC
16LBank+0.0012%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0003%
OI-Weighted Rate
-0.0012%
Volume-Weighted Rate
+0.0011%

RUNE Funding Rate History

RUNE 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%+0.0768%+0.3350%+0.3350%
Bitget+0.0000%+0.0600%+0.0600%+0.0600%
Gate+0.0000%+0.0600%+0.0600%+0.0600%
Bybit+0.0000%+0.0483%+0.0483%+0.0483%

About THORChain Funding Rate

What is the RUNE funding rate?

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

What does a positive or negative RUNE funding rate mean?

A persistently positive RUNE 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 RUNE funding rate?

As of now, the RUNE funding rate averages 0.0003% across 16 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 RUNE funding rate?

Right now kucoin shows the highest (or most extreme) RUNE funding rate among tracked exchanges, at -0.0269%. 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.