Funding Rate (SAGA)

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

current price: $0.01391

Rate MatrixHeatmapCumulative Fees

SAGA Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h16:00 UTC$3.3M
2MEXC+0.0050%$1.5M
3Hyperliquid+0.0013%+10.95%1h$1.1M
4Gatehighest-0.0192%-42.05%4h16:00 UTC$0.8M
5WhiteBIT+0.0050%+10.95%4h16:00 UTC$0.6M
6Bybit+0.0050%+10.95%4h16:00 UTC$0.6M
7KuCoin+0.0050%+10.95%4h16:00 UTC$0.4M
8Coinbase+0.0022%+19.27%1h$0.0M
9Kraken-0.0144%$0.0M
10Aster+0.0013%+10.95%1h14:00 UTC$0.0M
11BingX+0.0050%16:00 UTC
12Bitunix+0.0050%+10.95%4h16:00 UTC
13LBank+0.0050%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0009%
OI-Weighted Rate
+0.0022%
Volume-Weighted Rate
+0.0039%

SAGA Funding Rate History

SAGA 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%+0.1800%+0.8393%+1.4173%
Bybit+0.0000%+0.0000%+0.0550%+0.0550%
Gate+0.0000%+0.0000%+0.0550%+0.0550%

About Funding Rate

What is the SAGA funding rate?

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

What does a positive or negative SAGA funding rate mean?

A persistently positive SAGA 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 SAGA funding rate?

As of now, the SAGA funding rate averages 0.0009% across 13 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 SAGA funding rate?

Right now gate shows the highest (or most extreme) SAGA funding rate among tracked exchanges, at -0.0192%. 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.