Funding rates
Perpetuals never expire, so funding keeps their price anchored to spot. See what longs and shorts are paying right now.
Highest funding
—
Lowest funding
—
Positive funding means
Longs pay shorts
Negative means shorts pay longs.
Live rates
Annualised using three 8-hour settlements per day. Actual intervals can differ per contract.
Loading funding rates…
Positive funding
When the perp trades above spot, longs pay shorts. Crowded long positioning often shows up as persistently positive funding — a signal that the move may be stretched.
Negative funding
When the perp trades below spot, shorts pay longs. Deep negative funding can signal heavy short interest and crowded bearish positioning.