Funding Rate (TURTLE)

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

current price: $0.04472

Rate MatrixHeatmapCumulative Fees

TURTLE Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h12:00 UTC$1.7M
2KuCoin+0.0050%+10.95%4h12:00 UTC$0.2M
3Bybit+0.0050%+10.95%4h12:00 UTC$0.2M
4MEXC+0.0050%$0.1M
5Gatehighest+0.0100%+10.95%8h16:00 UTC$0.1M
6Aster+0.0013%+10.95%1h12:00 UTC$0.0M
7BingX+0.0050%12:00 UTC
8Bitunix+0.0050%+10.95%4h12:00 UTC
9LBank+0.0050%12:00 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
+0.0051%
Volume-Weighted Rate
+0.0051%

TURTLE Funding Rate History

TURTLE 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%+0.8750%+1.4318%

About Funding Rate

What is the TURTLE funding rate?

The TURTLE 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 TURTLE perpetual position.

What does a positive or negative TURTLE funding rate mean?

A persistently positive TURTLE 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 TURTLE funding rate?

As of now, the TURTLE funding rate averages 0.0051% 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 TURTLE funding rate?

Right now gate shows the highest (or most extreme) TURTLE funding rate among tracked exchanges, at 0.0100%. 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.