Funding Rate (SOON)

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

current price: $0.1885

Rate MatrixHeatmapCumulative Fees

SOON Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Bitget+0.0126%+27.59%4h$8.8M
2Binance+0.0050%+10.95%4h08:00 UTC$7.6M
3Gate+0.0050%+10.95%4h08:00 UTC$3.0M
4KuCoin+0.0050%+10.95%4h08:00 UTC$2.5M
5Bybit+0.0050%+10.95%4h08:00 UTC$2.5M
6Aster+0.0029%+25.26%1h06:00 UTC$0.2M
7CoinExhighest+0.0361%+39.54%8h16:00 UTC$0.1M
8Kraken-0.0094%$0.0M
9BingX+0.0122%08:00 UTC
10Bitunix+0.0050%+10.95%4h08:00 UTC
11LBank+0.0050%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0077%
OI-Weighted Rate
+0.0078%
Volume-Weighted Rate
+0.0060%

SOON Funding Rate History

SOON 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+0.0254%+0.3960%+1.6036%+3.8030%
Bybit+0.0000%+0.0000%+0.0000%+0.5856%
OKX+0.0000%+0.0000%+0.0000%+0.0858%
Bitget+0.0000%+0.0000%+0.0000%+0.1924%
Gate+0.0000%+0.0000%+0.0000%+0.0495%

About Funding Rate

What is the SOON funding rate?

The SOON 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 SOON perpetual position.

What does a positive or negative SOON funding rate mean?

A persistently positive SOON 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 SOON funding rate?

As of now, the SOON funding rate averages 0.0077% 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 SOON funding rate?

Right now coinex shows the highest (or most extreme) SOON funding rate among tracked exchanges, at 0.0361%. 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.