Somnia Funding Rate (SOMI)

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

Somnia current price: $0.1010

Rate MatrixHeatmapCumulative Fees

SOMI Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Bybithighest+0.0050%+10.95%4h00:00 UTC$1.5M
2Binance+0.0050%+10.95%4h00:00 UTC$1.4M
3Bitget+0.0050%+10.95%4h$0.4M
4MEXC+0.0050%$0.3M
5KuCoin+0.0050%+10.95%4h00:00 UTC$0.3M
6WhiteBIT+0.0050%+10.95%4h00:00 UTC$0.3M
7Gate+0.0031%+6.79%4h00:00 UTC$0.1M
8CoinEx+0.0029%+3.16%8h08:00 UTC$0.0M
9Aster+0.0013%+10.95%1h23:00 UTC$0.0M
10BingX+0.0050%00:00 UTC
11Bitunix+0.0050%+10.95%4h00:00 UTC
12LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0044%
OI-Weighted Rate
+0.0049%
Volume-Weighted Rate
+0.0049%

SOMI Funding Rate History

SOMI 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+0.0050%+0.1850%+0.8042%+1.3798%

About Somnia Funding Rate

What is the SOMI funding rate?

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

What does a positive or negative SOMI funding rate mean?

A persistently positive SOMI 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 SOMI funding rate?

As of now, the SOMI funding rate averages 0.0044% across 12 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 SOMI funding rate?

Right now binance shows the highest (or most extreme) SOMI funding rate among tracked exchanges, at 0.0050%. 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.