Perpetual futures · funding · positioning

Crypto funding rates

Check crypto perpetual funding rates with open interest and long/short context, then model position funding cost with TradingHub’s free calculator.

Live funding workspace

Current perpetual funding with mark price, open interest and next-funding context across supported venues.

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7-day funding history

Realized funding snapshots by venue. Positive values mean longs paid shorts; negative values mean shorts paid longs.

BinanceBybitOKX

Why funding exists

Perpetual futures do not expire, so exchanges use periodic funding payments to help keep the contract near the underlying spot market. Positive funding commonly means longs pay shorts; negative funding reverses that direction. The rate can change materially from one interval to the next.

How traders use funding

Funding is most useful when combined with price and open interest. Extremely positive funding can indicate crowded long exposure, but crowded markets can remain crowded for a long time. A negative rate does not automatically mean price must rise. Treat the rate as a cost and positioning input.

Model the cost before holding

For leveraged positions, a small periodic rate can become meaningful relative to the margin committed. TradingHub’s dedicated funding calculator uses position notional, leverage, holding time and funding rate to estimate the cash impact and percentage of margin.

Related TradingHub tools

Risk: derivatives and leveraged crypto trading can result in rapid losses. TradingHub provides market data and calculation tools, not financial advice or trade signals.