Sonic Funding Rate (S)

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

Sonic current price: $0.02490

Rate MatrixHeatmapCumulative Fees

S Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1KuCoin+0.0050%+10.95%4h16:00 UTC$3.6M
2Binance+0.0050%+10.95%4h16:00 UTC$3.5M
3Bybit+0.0050%+10.95%4h16:00 UTC$3.4M
4MEXC+0.0050%$2.5M
5Hyperliquid+0.0013%+10.95%1h$0.9M
6Bitget+0.0050%+10.95%4h$0.9M
7WhiteBIT+0.0050%+10.95%4h16:00 UTC$0.8M
8Gate+0.0050%+10.95%4h16:00 UTC$0.4M
9CoinEx+0.0061%+6.67%8h00:00 UTC$0.2M
10Backpack+0.0013%+10.95%1h14:00 UTC$0.1M
11Lighter+0.0096%+84.10%1h$0.1M
12Coinbase+0.0015%+13.14%1h$0.0M
13Aster+0.0013%+10.95%1h14:00 UTC$0.0M
14Kraken-0.0074%$0.0M
15Crypto.comhighest+0.0135%$0.0M
16BingX+0.0050%16:00 UTC
17Bitunix+0.0050%+10.95%4h16:00 UTC
18LBank+0.0050%16:00 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
+0.0048%
Volume-Weighted Rate
+0.0049%

S Funding Rate History

S 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%+0.0638%-0.0191%+0.0815%

About Sonic Funding Rate

What is the S funding rate?

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

What does a positive or negative S funding rate mean?

A persistently positive S 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 S funding rate?

As of now, the S funding rate averages 0.0043% across 18 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 S funding rate?

Right now cryptocom shows the highest (or most extreme) S funding rate among tracked exchanges, at 0.0135%. 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.