SYN Funding Rate (Synapse)

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

Synapse current price: $0.2043

Rate MatrixHeatmapCumulative Fees

SYN Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.89%4h04:00 UTC$13.7M
2Aster+0.0013%+10.95%1h01:00 UTC$2.8M
3Bitget+0.0050%+10.95%4h$1.5M
4MEXC+0.0050%$0.9M
5Krakenhighest-0.0115%$0.1M
6HTX+0.0050%+10.95%4h04:00 UTC
7BingX+0.0050%04:00 UTC
8Bitunix+0.0045%+9.78%4h04:00 UTC
9LBank+0.0050%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0027%
OI-Weighted Rate
+0.0043%
Volume-Weighted Rate
+0.0047%

SYN Funding Rate History

SYN 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+0.0000%+0.1152%-4.2596%-8.6585%
Bitget+0.0000%+0.0239%-0.0212%-0.0212%
Bybit+0.0000%+0.0000%+0.0000%+0.4429%

About Synapse Funding Rate

What is the SYN funding rate?

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

What does a positive or negative SYN funding rate mean?

A persistently positive SYN 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 SYN funding rate?

As of now, the SYN funding rate averages 0.0027% 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 SYN funding rate?

Right now kraken shows the highest (or most extreme) SYN funding rate among tracked exchanges, at -0.0115%. 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.