THE ARENA

Crypto Funding Rates Today: BTC, ETH, SOL, XRP Perpetuals

Funding is the fee traders on one side of a perpetual futures contract pay the other side, every 8 hours. Positive means longs pay shorts; negative means shorts pay longs. The table shows the current rate, what it would cost over a year, and the next settlement time.

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Perpetual futures funding rates
CoinFunding (8h)AnnualisedWho paysNext funding
Bitcoin BTC+0.0034%+3.72%Longs pay shorts
Ethereum ETH+0.0050%+5.48%Longs pay shorts
Solana SOL+0.0035%+3.83%Longs pay shorts
BNB BNB+0.0057%+6.24%Longs pay shorts
XRP XRP+0.0071%+7.77%Longs pay shorts
Dogecoin DOGE+0.0040%+4.38%Longs pay shorts

Frequently asked questions

What is a funding rate?

A funding rate is a periodic payment between traders holding long and short positions on a perpetual futures contract. It keeps the contract price close to the spot price: when the perpetual trades above spot the rate is positive, when it trades below spot the rate is negative.

What does a positive funding rate mean?

A positive rate means traders who are long pay those who are short. It usually shows that long positions are crowded — many traders are paying to keep bullish bets open. A negative rate means shorts pay longs.

How often is funding paid?

On most major exchanges funding is settled every 8 hours, at 00:00, 08:00 and 16:00 UTC. The rate shown here is the current rate for the next settlement; the annualised figure assumes three payments a day at the same rate.

Why do extreme funding rates matter?

Very high or very low funding shows one side of the market is crowded and paying a steep price to hold its position. Crowded positioning can unwind quickly, so traders watch extreme funding as a warning sign of a possible squeeze. It is not a trading signal on its own.

Where does this data come from?

Rates are taken from USDT-margined perpetual futures through a third-party public market data API and refreshed every few seconds while the page is open. Information only — not investment advice.

Data comes from public exchange market data and is shown for information only — it is not investment advice. More on our disclaimer.