Menu
BTC$67,141.00▼ 3.04% ETH$1,904.68▼ 2.82% BNB$614.95▼ 4.05% XRP$0.9947▼ 2.59% SOL$75.68▼ 6.29% TRX$0.3130▲ 0.11% HYPE$68.18▼ 8.14% ZEC$893.90▼ 8.13% XMR$533.74▲ 0.07% DOGE$0.0630▼ 3.81% LEO$9.30▲ 0.40% WBT$65.50▼ 2.58% LINK$9.57▼ 4.34% ADA$0.1625▼ 5.33% XLM$0.1432▼ 3.45% NEAR$3.34▼ 5.95% Fear and Greed13 Extreme fear ETH gas0.13 gwei
Market cap: $2.26T ▼ 6.43% 24h volume: $75.30B Dominance: BTC 59.5% ETH 10.3% Futures open interest: $18.03B ETH gas: 0.13 gwei Fear and Greed: 13

Crypto Funding Rates and Open Interest

Compare perpetual futures funding and open interest by exchange. Funding rates use an eight-hour period so you can compare them directly.

Exchanges in this update (3 of 5) · OKX, Bitget, Hyperliquid

Updated just now
Open interest
$18.03B
30 coins, 3 exchanges
BTC funding
+0.0037%
per 8 hours, weighted
ETH funding
-0.0015%
per 8 hours, weighted
BTC and ETH average
+1.2%
a year at today's rate
BTC long/short
Unavailable
Binance has no data for this update
ETH long/short
Unavailable
Binance has no data for this update
Data unavailable for this update from Binance, Bybit.

Funding Rates by Exchange

per 8 hours
CoinOKXBitgetHyperliquidWeightedAnnualisedOpen interest
BTC Bitcoin 0.0024% 0.0053% 0.0036% 0.0037% +4.0% $8.22B
ETH Ethereum -0.0024% 0.0037% -0.0064% -0.0015% -1.7% $4.41B
BNB BNB 0.0051% 0.0046% 0.0056% 0.0050% +5.5% $125.7M
XRP XRP -0.0049% -0.0072% -0.0071% -0.0066% -7.2% $377.3M
SOL Solana -0.0040% -0.0075% -0.0039% -0.0052% -5.7% $972.7M
TRX TRON -0.0021% -0.0117% -0.0136% -0.0072% -7.9% $43.8M
HYPE Hyperliquid 0.0032% -0.0015% 0.0003% 0.0003% +0.4% $1.72B
ZEC Zcash 0.0020% -0.0015% -0.0073% -0.0043% -4.7% $573.2M
XMR Monero n/a 0.0100% -0.1822% -0.1694% -185.5% $122.3M
DOGE Dogecoin -0.0049% 0.0011% -0.0232% -0.0060% -6.6% $211.0M
LINK Chainlink -0.0049% -0.0033% 0.0048% -0.0004% -0.5% $100.1M
ADA Cardano -0.0132% -0.0102% -0.0157% -0.0128% -14.0% $77.1M
XLM Stellar -0.0022% 0.0022% 0.0100% 0.0030% +3.3% $34.8M
NEAR NEAR Protocol 0.0033% 0.0036% 0.0100% 0.0071% +7.7% $224.9M
BCH Bitcoin Cash -0.0128% -0.0020% -0.0124% -0.0093% -10.2% $42.1M
LTC Litecoin 0.0026% -0.0023% -0.0046% -0.0008% -0.9% $71.2M
AVAX Avalanche -0.0219% -0.0103% -0.0130% -0.0137% -15.1% $59.9M
CC Canton -0.0073% 0.0050% 0.0100% 0.0037% +4.0% $8.4M
UNI Uniswap -0.0029% -0.0045% 0.0000% -0.0020% -2.2% $99.7M
SUI Sui -0.0074% 0.0058% 0.0040% 0.0014% +1.5% $92.1M
GRAM Gram (prev. Toncoin) -0.0308% -0.0127% -0.0485% -0.0373% -40.8% $27.9M
HBAR Hedera -0.0064% -0.0049% -0.0107% -0.0071% -7.7% $25.1M
SHIB Shiba Inu -0.0032% -0.0157% 0.0100% -0.0067% -7.3% $16.8M
TAO Bittensor -0.0074% -0.0030% 0.0037% -0.0013% -1.5% $59.2M
CRO Cronos -0.0393% 0.0100% n/a -0.0054% -5.9% $2.5M
QNT Quant 0.0000% 0.0098% n/a 0.0094% +10.3% $5.6M
PEPE Pepe 0.0037% -0.0146% 0.0100% 0.0005% +0.6% $109.0M
ENA Ethena -0.0116% -0.0065% -0.0054% -0.0066% -7.2% $79.4M
AAVE Aave 0.0019% -0.0021% 0.0004% 0.0000% 0.0% $70.2M
ASTER Aster 0.0100% 0.0050% 0.0095% 0.0081% +8.9% $42.5M
Weighted rates use reported open interest. A positive rate means longs pay shorts. n/a means a rate is unavailable for that coin.

Open Interest History

Recorded by this site

Open Interest by Exchange

Hyperliquid
$6.80B
OKX
$5.78B
Bitget
$5.44B

Totals cover the coins in the table. OKX figures include contracts with open interest reported in US dollars.

Bitcoin Funding History

Recorded by this site

Long/Short Ratio (48 hours)

Binance
Binance long/short chart unavailable. There are too few readings in this update to plot the ratio.

Accounts with net long positions divided by accounts with net short positions on Binance USDT futures. Above 1 means more accounts are long.

What funding rates tell you

Perpetual futures let traders bet on a coin's price with borrowed money and no expiry date. To keep the futures price close to the real price, one side pays the other a small fee every few hours. That fee is the funding rate.

When most traders are betting on higher prices, the futures price drifts above the spot price and funding turns positive: longs pay shorts. When most are betting on lower prices, funding turns negative. A rate of about 0.01% per 8 hours is the normal resting level on most exchanges.

Why traders watch it

Very high funding means many traders hold leveraged long positions. If the price drops, those positions can be closed by force, which pushes the price down further. Very negative funding can set up the opposite move. Funding does not predict the direction of the next move, but it shows how crowded one side is.

Open interest is the total value of futures contracts that are still open. Rising open interest means new money is entering leveraged positions. Read the funding rates guide for worked examples, or see options data for another view of positioning.