THE Funding Rate (Thena)

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

Thena current price: $0.05516

Rate MatrixHeatmapCumulative Fees

THE Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h04:00 UTC$2.1M
2Bybit+0.0353%+77.22%4h04:00 UTC$0.8M
3Bitget-0.0043%-9.42%4h$0.5M
4KuCoin+0.0050%+10.95%4h04:00 UTC$0.5M
5MEXC+0.0050%$0.1M
6Gate-0.0022%-4.82%4h04:00 UTC$0.1M
7Aster+0.0013%+10.95%1h02:00 UTC$0.0M
8BingXhighest+0.0405%04:00 UTC
9Bitunix+0.0050%+10.95%4h04:00 UTC
10LBank+0.0050%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0096%
OI-Weighted Rate
+0.0094%
Volume-Weighted Rate
+0.0068%

THE Funding Rate History

THE 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%+0.0237%-5.9263%-4.2912%
Gate+0.0000%+0.0000%-2.9180%-2.9180%
Bybit+0.0000%+0.0000%-2.2536%-2.2536%
Bitget+0.0000%+0.0000%-2.0657%-2.0657%

About Thena Funding Rate

What is the THE funding rate?

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

What does a positive or negative THE funding rate mean?

A persistently positive THE 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 THE funding rate?

As of now, the THE funding rate averages 0.0096% across 10 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 THE funding rate?

Right now bingx shows the highest (or most extreme) THE funding rate among tracked exchanges, at 0.0405%. 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.