πŸ“Š Perpetual Futures Intelligence

Funding Rate Tracker

Compare perpetual futures funding rates across 5 exchanges and 20 coins. Positive rates mean longs pay shorts (bullish sentiment). Negative rates mean shorts pay longs.

Market Sentiment
Bullish
18/20 coins positive
Avg Funding Rate
+0.8940%
8h weighted average
Total Open Interest
$30.8B
across 5 exchanges
Highest Rate
XRP +1.7100%
most bullish
Lowest Rate
BNB -0.0800%
most bearish
FILTER:
EXCHANGE:
Asset BinanceBybitOKXdYdXHyperliquidAVG ↓24H TREND
βœ•
XRP
$2.41
+2.0500%
22.4% APR
+2.0200%
22.2% APR
+1.4500%
15.8% APR
+1.5100%
16.5% APR
+1.5100%
16.5% APR
+1.7100%
Ξ
ETH
$3,180
+1.8000%
19.7% APR
+1.8800%
20.6% APR
+1.9000%
20.8% APR
+1.2600%
13.8% APR
+1.6000%
17.5% APR
+1.6800%
β—‰
NEAR
$5.6
+1.4300%
15.7% APR
+1.7000%
18.7% APR
+2.1300%
23.4% APR
+1.4900%
16.3% APR
+1.6400%
18.0% APR
+1.6800%
βŠ•
OP
$2.65
+2.0500%
22.4% APR
+1.5000%
16.5% APR
+1.5800%
17.3% APR
+1.6300%
17.8% APR
+1.5300%
16.7% APR
+1.6600%
β—†
APT
$9.4
+1.6000%
17.5% APR
+1.1200%
12.3% APR
+1.5200%
16.6% APR
+1.3200%
14.4% APR
+1.5000%
16.4% APR
+1.4100%
●
DOT
$7.8
+1.3100%
14.4% APR
+0.8200%
9.0% APR
+1.5000%
16.4% APR
+1.1600%
12.7% APR
+1.4900%
16.3% APR
+1.2600%
β–²
AVAX
$38.5
+1.3500%
14.8% APR
+1.0000%
10.9% APR
+1.2100%
13.2% APR
+1.5400%
16.9% APR
+1.1800%
12.9% APR
+1.2500%
Ð
DOGE
$0.182000
+1.1500%
12.6% APR
+1.0300%
11.3% APR
+1.3800%
15.1% APR
+1.2300%
13.5% APR
+1.1000%
12.1% APR
+1.1800%
β—ˆ
ARB
$1.38
+0.9700%
10.7% APR
+1.2400%
13.6% APR
+1.1500%
12.5% APR
+0.5200%
5.7% APR
+0.7100%
7.8% APR
+0.9200%
πŸ•
WIF
$1.42
+1.0200%
11.1% APR
+1.1400%
12.5% APR
+0.6600%
7.2% APR
+0.6900%
7.6% APR
+1.0600%
11.6% APR
+0.9100%
🐸
PEPE
$0.000009
+1.0700%
11.8% APR
+1.1200%
12.3% APR
+0.5600%
6.2% APR
+0.6600%
7.2% APR
+1.0200%
11.1% APR
+0.8900%
⬑
LINK
$18.2
+0.8200%
9.0% APR
+0.8500%
9.3% APR
+0.7900%
8.6% APR
+1.0800%
11.8% APR
+0.8000%
8.8% APR
+0.8700%
β—‰
FIL
$5.1
+0.5100%
5.6% APR
+0.5200%
5.7% APR
+1.2200%
13.3% APR
+1.0800%
11.8% APR
+0.6200%
6.8% APR
+0.7900%
β‚Ώ
BTC
$86,420
+0.9900%
10.9% APR
+0.2500%
2.8% APR
+0.6800%
7.5% APR
+1.0100%
11.1% APR
+0.9600%
10.5% APR
+0.7800%
β—ˆ
SUI
$3.2
+0.4500%
5.0% APR
+0.4600%
5.1% APR
+0.5900%
6.4% APR
+0.6100%
6.7% APR
+1.0100%
11.0% APR
+0.6200%
β—Ž
SOL
$142
+0.4600%
5.0% APR
+0.2900%
3.2% APR
+0.1300%
1.4% APR
+0.2700%
3.0% APR
+0.3200%
3.5% APR
+0.3000%
β‚³
ADA
$0.720000
-0.0200%
-0.2% APR
-0.2700%
-2.9% APR
+0.2200%
2.5% APR
+0.3900%
4.3% APR
-0.0800%
-0.8% APR
+0.0500%
⬟
MATIC
$0.580000
+0.2400%
2.6% APR
-0.1100%
-1.2% APR
-0.0900%
-1.0% APR
+0.1500%
1.7% APR
-0.1000%
-1.1% APR
+0.0200%
β—ˆ
INJ
$22.5
+0.2300%
2.5% APR
-0.0700%
-0.8% APR
-0.3000%
-3.3% APR
-0.1300%
-1.4% APR
+0.1900%
2.0% APR
-0.0200%
β—†
BNB
$598
+0.1400%
1.6% APR
-0.1000%
-1.1% APR
-0.2300%
-2.5% APR
-0.1900%
-2.0% APR
+0.0000%
-0.0% APR
-0.0800%

Funding Rate Arbitrage Opportunities

When funding rates differ significantly across exchanges, arbitrageurs can profit by going long on the exchange with lower rates and short on the one with higher rates.

β‚ΏBTC
Spread: 0.7600%
Short on dYdX (+1.0100%) β€” Long on Bybit (+0.2500%)
Est. annual return: 832.2%
β—ˆARB
Spread: 0.7200%
Short on Bybit (+1.2400%) β€” Long on dYdX (+0.5200%)
Est. annual return: 788.4%
β—‰FIL
Spread: 0.7100%
Short on OKX (+1.2200%) β€” Long on Binance (+0.5100%)
Est. annual return: 777.4%
β—‰NEAR
Spread: 0.7000%
Short on OKX (+2.1300%) β€” Long on Binance (+1.4300%)
Est. annual return: 766.5%
●DOT
Spread: 0.6800%
Short on OKX (+1.5000%) β€” Long on Bybit (+0.8200%)
Est. annual return: 744.6%
β‚³ADA
Spread: 0.6600%
Short on dYdX (+0.3900%) β€” Long on Bybit (-0.2700%)
Est. annual return: 722.7%

Understanding Funding Rates

What Are Funding Rates?

Funding rates are periodic payments between long and short traders on perpetual futures. They keep the perpetual contract price anchored to the spot price. Rates are typically paid every 8 hours.

Positive vs Negative

Positive funding: longs pay shorts (bullish market β€” more demand to go long). Negative funding: shorts pay longs (bearish market β€” more demand to go short). Extreme rates often precede reversals.

Trading Strategy

High positive rates suggest overleveraged longs β€” potential for a long squeeze. High negative rates suggest overleveraged shorts β€” potential for a short squeeze. Use alongside liquidation data for confluence.

Funding Arbitrage

When rates differ across exchanges, traders can go delta-neutral: long on the exchange with lower funding and short on the one with higher funding, collecting the spread as profit.

⚠️ Disclaimer: Funding rate data is simulated for educational purposes. Real data requires exchange API connections. Always verify with live exchange data before making trading decisions.