Test Funding Rate (TST)

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

Test current price: $0.01800

Rate MatrixHeatmapCumulative Fees

TST Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0279%+61.18%4h00:00 UTC$3.4M
2MEXC+0.0279%$0.6M
3Aster+0.0057%+50.33%1h00:00 UTC$0.0M
4BingX+0.0268%00:00 UTC
5Bitunix+0.0278%+60.91%4h00:00 UTC
6LBankhighest+0.0283%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0241%
OI-Weighted Rate
+0.0279%
Volume-Weighted Rate
+0.0279%

TST Funding Rate History

TST 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+0.0131%+0.3682%+1.1246%+1.8977%

About Test Funding Rate

What is the TST funding rate?

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

What does a positive or negative TST funding rate mean?

A persistently positive TST 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 TST funding rate?

As of now, the TST funding rate averages 0.0241% across 6 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 TST funding rate?

Right now lbank shows the highest (or most extreme) TST funding rate among tracked exchanges, at 0.0283%. 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.