Funding Rate (SNXX)

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

current price: $14.93

Rate MatrixHeatmapCumulative Fees

SNXX Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Bitget+0.0000%+0.00%8h$5.6M
2Gatehighest+0.0100%+10.95%8h00:00 UTC$5.6M
3Bybit+0.0000%+0.00%8h00:00 UTC$4.6M
4MEXC+0.0000%$4.3M
5KuCoin+0.0100%+10.95%8h00:00 UTC$0.3M
6Aster+0.0000%+0.00%8h00:00 UTC$0.0M
7Crypto.com-0.0035%$0.0M
8Binance+0.0000%+0.00%8h00:00 UTC
9HTX+0.0000%+0.00%8h00:00 UTC
10Bitunix-0.0025%-2.77%8h00:00 UTC
11LBank+0.0000%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0013%
OI-Weighted Rate
+0.0029%
Volume-Weighted Rate
+0.0001%

SNXX Funding Rate History

SNXX 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
OKX+0.0220%-0.1786%+1.4430%+2.0077%
Gate+0.0300%+0.2003%+0.8743%+0.8925%
Binance+0.0000%-0.1089%+0.5538%+0.9261%
Bitget+0.0000%+0.3253%+0.5168%+0.6007%
Bybit+0.0097%-0.0105%+0.0962%+0.4395%
HTX+0.0000%-0.0248%-0.0248%-0.0248%

About Funding Rate

What is the SNXX funding rate?

The SNXX 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 SNXX perpetual position.

What does a positive or negative SNXX funding rate mean?

A persistently positive SNXX 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 SNXX funding rate?

As of now, the SNXX funding rate averages 0.0013% across 11 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 SNXX funding rate?

Right now gate shows the highest (or most extreme) SNXX funding rate among tracked exchanges, at 0.0100%. 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.