Funding Rate (TAC)

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

current price: $0.002447

Rate MatrixHeatmapCumulative Fees

TAC Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h08:00 UTC$3.4M
2KuCoinhighest+0.0218%+47.74%4h08:00 UTC$3.4M
3Bybit+0.0050%+10.95%4h08:00 UTC$1.3M
4MEXC+0.0050%$0.6M
5Gate+0.0050%+10.95%4h08:00 UTC$0.6M
6Aster+0.0013%+10.95%1h06:00 UTC$0.2M
7BingX+0.0050%08:00 UTC
8Bitunix+0.0050%+10.95%4h08:00 UTC
9LBank+0.0050%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0065%
OI-Weighted Rate
+0.0109%
Volume-Weighted Rate
+0.0057%

TAC Funding Rate History

TAC 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%+2.3521%+7.1014%
Bybit+0.0000%+0.0000%+0.9153%+1.1213%
Gate+0.0000%+0.0000%+0.6761%+1.0618%
Bitget+0.0000%+0.0000%+0.0000%+0.2455%

About Funding Rate

What is the TAC funding rate?

The TAC 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 TAC perpetual position.

What does a positive or negative TAC funding rate mean?

A persistently positive TAC 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 TAC funding rate?

As of now, the TAC funding rate averages 0.0065% 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 TAC funding rate?

Right now kucoin shows the highest (or most extreme) TAC funding rate among tracked exchanges, at 0.0218%. 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.