Funding Rate (USUAL)

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

current price: $0.01136

Rate MatrixHeatmapCumulative Fees

USUAL Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXC+0.0050%$3.3M
2Binance+0.0050%+10.95%4h04:00 UTC$1.7M
3Bybit+0.0050%+10.95%4h04:00 UTC$0.8M
4Bitget+0.0050%+10.95%4h$0.6M
5Gate+0.0100%+10.95%8h08:00 UTC$0.6M
6KuCoin+0.0050%+10.95%4h04:00 UTC$0.4M
7Hyperliquid+0.0013%+10.95%1h$0.3M
8WhiteBIT+0.0050%+10.95%4h04:00 UTC$0.3M
9Krakenhighest+0.0216%$0.1M
10BingX+0.0050%04:00 UTC
11Bitunix+0.0050%+10.95%4h04:00 UTC
12LBank+0.0050%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0065%
OI-Weighted Rate
+0.0054%
Volume-Weighted Rate
+0.0050%

USUAL Funding Rate History

USUAL 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%+0.1800%+0.8557%+1.4916%

About Funding Rate

What is the USUAL funding rate?

The USUAL 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 USUAL perpetual position.

What does a positive or negative USUAL funding rate mean?

A persistently positive USUAL 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 USUAL funding rate?

As of now, the USUAL funding rate averages 0.0065% across 12 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 USUAL funding rate?

Right now kraken shows the highest (or most extreme) USUAL funding rate among tracked exchanges, at 0.0216%. 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.