What this page shows
Shows live funding rates for perpetual crypto futures contracts across major exchanges.
How to read it
Positive rates mean long position holders pay short holders; negative rates mean short holders pay longs.
Why traders care
Funding rates reveal directional leverage bias in the market. Excessively high rates can warn of overcrowded trades.
Common mistakes
- Assuming high positive funding rates guarantee an immediate price drop.
- Ignoring upcoming funding settlement timestamps.
Frequently asked questions
What does a positive vs negative funding rate mean in crypto futures?
A positive funding rate means perpetual futures are trading at a premium to spot, so Longs pay Shorts. A negative rate means futures are at a discount, so Shorts pay Longs.
How often are crypto perpetual funding fees charged?
On most major exchanges (such as Binance and Bybit), funding is settled every 8 hours (00:00, 08:00, and 16:00 UTC), though some volatile contracts settle every 4 hours or 1 hour.
How can high funding rates cause a long or short squeeze?
When funding is deeply negative, shorts are heavily crowded; a sudden upward price move forces shorts to buy back and liquidate, fueling a rapid short squeeze.
This data can be delayed and is not a trading signal or financial advice. See our disclaimer.