Funding Rate (SHAZ)

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

current price: $66.29

Rate MatrixHeatmapCumulative Fees

SHAZ Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Bybithighest+0.3517%+385.12%8h16:00 UTC$0.6M
2Gate+0.0100%+10.95%8h16:00 UTC$0.2M
3Bitget+0.0888%+97.24%8h$0.2M
4KuCoin+0.1105%+121.00%8h16:00 UTC$0.0M
5Crypto.com+0.0032%$0.0M
6Binance+0.1049%+114.88%8h16:00 UTC
7HTX+0.0000%+0.00%8h16:00 UTC
8Bitunix+0.0452%+49.44%8h16:00 UTC
9LBank+0.1037%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0909%
OI-Weighted Rate
+0.2217%
Volume-Weighted Rate
+0.1822%

SHAZ Funding Rate History

SHAZ 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-0.0287%-0.4280%-2.1618%-2.1618%

About Funding Rate

What is the SHAZ funding rate?

The SHAZ 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 SHAZ perpetual position.

What does a positive or negative SHAZ funding rate mean?

A persistently positive SHAZ 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 SHAZ funding rate?

As of now, the SHAZ funding rate averages 0.0909% across 9 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 SHAZ funding rate?

Right now bybit shows the highest (or most extreme) SHAZ funding rate among tracked exchanges, at 0.3517%. 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.