VELVET Funding Rate (Velvet)

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

Velvet current price: $0.5242

Rate MatrixHeatmapCumulative Fees

VELVET Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXChighest+0.0050%$7.1M
2Binance+0.0050%+10.95%4h04:00 UTC$6.9M
3KuCoin+0.0050%+10.95%4h04:00 UTC$2.4M
4Bybit+0.0050%+10.95%4h04:00 UTC$2.3M
5Bitget+0.0050%+10.95%4h$2.0M
6Gate+0.0050%+10.95%4h04:00 UTC$0.6M
7Aster+0.0013%+10.95%1h02:00 UTC$0.1M
8HTX+0.0050%+10.95%4h04:00 UTC
9BingX+0.0050%04:00 UTC
10Bitunix+0.0050%+10.95%4h04:00 UTC
11LBank+0.0050%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0047%
OI-Weighted Rate
+0.0050%
Volume-Weighted Rate
+0.0050%

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
Bybit+0.0000%+0.0100%+2.3844%+5.7951%
Binance+0.0000%+0.0921%+2.1593%+7.0768%
Bitget+0.0000%+0.0100%+1.0244%+2.8769%
Gate+0.0000%+0.0100%+0.5441%+1.1793%
HTX+0.0000%+0.0000%+0.0600%+0.0600%

About Velvet Funding Rate

What is the VELVET funding rate?

The VELVET funding rate is a periodic payment between long and short traders on Velvet 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 0.0047% 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 binance shows the highest (or most extreme) VELVET funding rate among tracked exchanges, at 0.0050%. 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.