Walrus Funding Rate (WAL)

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

Walrus current price: $0.02333

Rate MatrixHeatmapCumulative Fees

WAL Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$2.4M
2Bybit+0.0050%+10.95%4h00:00 UTC$2.0M
3KuCoin+0.0050%+10.95%4h00:00 UTC$1.4M
4MEXC+0.0050%$1.0M
5Bitget+0.0050%+10.95%4h$0.7M
6WhiteBIT+0.0050%+10.95%4h00:00 UTC$0.5M
7Gate+0.0050%+10.95%4h00:00 UTC$0.4M
8Crypto.comhighest-0.0083%$0.0M
9BingX+0.0050%00:00 UTC
10Bitunix+0.0050%+10.95%4h00:00 UTC
11LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0038%
OI-Weighted Rate
+0.0050%
Volume-Weighted Rate
+0.0050%

WAL Funding Rate History

WAL 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-0.0237%-6.2618%-5.9555%-5.4056%
Bitget+0.0000%-5.3315%-5.3315%-5.3315%
Bybit+0.0000%-4.9904%-4.9904%-4.9904%
Gate+0.0000%-3.8555%-3.8555%-3.8555%
OKX+0.0000%-3.3930%-3.3930%-3.3930%

About Walrus Funding Rate

What is the WAL funding rate?

The WAL funding rate is a periodic payment between long and short traders on Walrus 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 WAL perpetual position.

What does a positive or negative WAL funding rate mean?

A persistently positive WAL 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 WAL funding rate?

As of now, the WAL funding rate averages 0.0038% 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 WAL funding rate?

Right now cryptocom shows the highest (or most extreme) WAL funding rate among tracked exchanges, at -0.0083%. 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.