Funding Rate (VELVET)

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

current price: $0.08090

Rate MatrixHeatmapCumulative Fees

VELVET Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h08:00 UTC$7.1M
2MEXC+0.0050%$2.4M
3Bybit+0.0050%+10.95%4h08:00 UTC$2.0M
4KuCoin+0.0050%+10.95%4h08:00 UTC$1.9M
5Bitget+0.0050%+10.95%4h$1.7M
6Gatehighest+0.0169%+37.01%4h08:00 UTC$1.7M
7Aster+0.0013%+10.95%1h08:00 UTC$0.0M
8HTX+0.0050%+10.95%4h08:00 UTC
9BingX+0.0050%08:00 UTC
10Bitunix+0.0050%+10.95%4h08:00 UTC
11LBank+0.0050%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0057%
OI-Weighted Rate
+0.0062%
Volume-Weighted Rate
+0.0057%

VELVET Funding Rate History

VELVET 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%+0.3465%+2.1156%+5.4688%
Bybit+0.0000%+0.0000%+0.8924%+5.2608%
Bitget+0.0000%+0.0000%+0.3378%+2.4947%
Gate+0.0000%+0.0000%+0.0461%+1.0241%
HTX+0.0000%+0.0000%+0.0350%+0.0950%

About Funding Rate

What is the VELVET funding rate?

The VELVET 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 VELVET perpetual position.

What does a positive or negative VELVET funding rate mean?

A persistently positive VELVET 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 VELVET funding rate?

As of now, the VELVET funding rate averages 0.0057% across 11 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 VELVET funding rate?

Right now gate shows the highest (or most extreme) VELVET funding rate among tracked exchanges, at 0.0169%. 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.