Funding Rate (TURBO)

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

current price: $0.001010

Rate MatrixHeatmapCumulative Fees

TURBO Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1KuCoin+0.0050%+10.95%4h08:00 UTC$2.4M
2Binance+0.0050%+10.95%4h08:00 UTC$2.4M
3MEXC+0.0050%$2.1M
4Bitget+0.0050%+10.95%4h$0.9M
5WhiteBIT+0.0050%+10.95%4h08:00 UTC$0.6M
6Hyperliquid+0.0013%+10.95%1h$0.3M
7Gate+0.0050%+10.95%4h08:00 UTC$0.2M
8Kraken+0.0047%$0.1M
9CoinExhighest+0.0165%+18.10%8h16:00 UTC$0.1M
10Aster+0.0013%+10.95%1h06:00 UTC$0.0M
11Crypto.com+0.0026%$0.0M
12BingX+0.0050%08:00 UTC
13Bitunix+0.0050%+10.95%4h08:00 UTC
14LBank+0.0050%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0051%
OI-Weighted Rate
+0.0049%
Volume-Weighted Rate
+0.0051%

TURBO Funding Rate History

TURBO 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%+0.1558%+0.7869%+1.4913%
OKX+0.0000%+0.0000%+0.0000%+0.0474%
Gate+0.0000%+0.0000%+0.0000%+0.0437%
Bitget+0.0000%+0.0000%+0.0000%+0.0600%

About Funding Rate

What is the TURBO funding rate?

The TURBO 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 TURBO perpetual position.

What does a positive or negative TURBO funding rate mean?

A persistently positive TURBO 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 TURBO funding rate?

As of now, the TURBO funding rate averages 0.0051% across 14 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 TURBO funding rate?

Right now coinex shows the highest (or most extreme) TURBO funding rate among tracked exchanges, at 0.0165%. 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.