Funding Rate (SWARMS)

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

current price: $0.008987

Rate MatrixHeatmapCumulative Fees

SWARMS Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0264%+57.73%4h12:00 UTC$3.6M
2KuCoin+0.0027%+5.91%4h12:00 UTC$1.7M
3Gate+0.0050%+10.95%4h12:00 UTC$1.0M
4MEXC+0.0265%$0.2M
5Aster+0.0158%+138.47%1h12:00 UTC$0.1M
6Kraken+0.0187%$0.0M
7BingX+0.0246%12:00 UTC
8Bitunix+0.0100%+21.92%4h12:00 UTC
9LBankhighest+0.0266%12:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0174%
OI-Weighted Rate
+0.0169%
Volume-Weighted Rate
+0.0241%

SWARMS Funding Rate History

SWARMS 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+0.0335%+0.5431%+2.5218%+4.0672%

About Funding Rate

What is the SWARMS funding rate?

The SWARMS 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 SWARMS perpetual position.

What does a positive or negative SWARMS funding rate mean?

A persistently positive SWARMS 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 SWARMS funding rate?

As of now, the SWARMS funding rate averages 0.0174% 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 SWARMS funding rate?

Right now lbank shows the highest (or most extreme) SWARMS funding rate among tracked exchanges, at 0.0266%. 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.