Real-time funding rates across the top perpetual futures exchanges. Hover any cell to see the same coin's rate on Binance, Bybit and OKX.
Each cell shows a coin's current funding rate on Binance — the dominant venue for perpetual futures volume. Hover any cell to see the same coin's rate on Bybit and OKX. Funding is the periodic payment between long and short holders — when positive, longs pay shorts; when negative, shorts pay longs.
Funding rates are a market sentiment indicator. Persistently positive rates mean the crowd is long and over-leveraged (shorts get paid to balance). Persistently negative rates mean the crowd is short and over-leveraged (longs get paid). High absolute rates — positive or negative — usually precede mean reversion.
Look for clusters. If 5 coins in the same sector (L1s, AI tokens, meme coins) all show strong positive funding, the sector is crowded long — a mean-reversion signal. If funding diverges wildly between exchanges (e.g., Binance +0.10%, OKX –0.05%), there's an arbitrage opportunity or a liquidity event worth investigating.
This is not financial advice. Funding rates are time-sensitive and can flip in minutes, especially around major announcements, liquidations, or volatility spikes. Always verify rates on the exchange where you trade before acting. We use public APIs and refresh every 5 minutes.
Funding is paid every 8 hours on most perpetual futures exchanges (00:00, 08:00, 16:00 UTC). The rate is calculated from the difference between the perpetual price and the underlying index, plus an interest component. The displayed rate is the projected rate for the next funding window — exchanges publish this in advance, so traders know what they'll pay (or receive) before the funding event.
For a deeper explanation, read our Funding Rate Education guide or our Data Sources and Methodology.