Real-time funding · Binance, Bybit & OKX

Stop overpaying 50%+ APR to be long. See the crowd first.

Real-time funding rates across Binance, Bybit, and OKX. Spot where funding is highest — and cheapest — before you trade. Updated every 5 minutes.

Total Market Cap
$2.60T
40 top pairs · 3 exchanges
24h Volume
$82.0B
across all exchanges
BTC Dominance
59.1%
ETH: 11.1%
Fear & Greed
63
Greed
Major pairs

Spot price & funding across exchanges

The top six perpetual contracts by volume, with current price, 24h change, and the funding rate on each major venue. Funding is shown as % per 8-hour window.

View all 40 →
AssetPrice24h ChangeFunding · BinanceFunding · BybitFunding · OKX
B BTC
Bitcoin
$76,862.00-2.10%0.0073%0.0051%0.0100%
E ETH
Ethereum
$2,392.60-2.93%-0.0007%0.0042%0.0100%
S SOL
Solana
$98.85-4.38%-0.0025%-0.0056%0.0004%
B BNB
BNB
$681.30-1.56%0.0015%-0.0085%0.0028%
X XRP
XRP
$1.3300-3.23%0.0060%0.0100%0.0054%
A ADA
Cardano
$0.1943-2.71%0.0022%0.0043%0.0100%
Funding heatmap

See what the market is pricing in

40 coins. Three exchanges. One screen. Spot divergences, crowded trades, and arbitrage opportunities at a glance.

Full heatmap →
Funding rate = % per 8h · Longs pay shorts when positive
Next funding in: --:--:--
Longs pay > 0.05% 0.01–0.05% Near zero –0.01% to –0.05% Shorts pay > 0.05%
ONT
-0.184%
TRX
-0.181%
MINA
-0.044%
SAND
-0.043%
SUN
-0.038%
ANIME
-0.037%
COTI
-0.032%
SLP
-0.021%
ATOM
-0.020%
XTZ
-0.011%
BAT
0.010%
YFI
0.010%
IOTA
0.010%
THETA
0.010%
QNT
0.010%
PENDLE
0.010%
ENS
0.010%
CELR
0.010%
FRONT
0.010%
SNX
0.010%
CHZ
0.010%
IOTX
0.010%
ARB
0.010%
UNI
0.010%
EOS
0.010%
AAVE
0.010%
DYDX
0.010%
COMP
0.010%
SPELL
0.010%
XMR
0.010%
JASMY
0.010%
GRT
0.010%
NEAR
0.010%
GALA
0.010%
ASTR
0.010%
CRV
0.010%
LTC
0.010%
BEL
0.010%
LINK
0.010%
HBAR
0.010%
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From the blog

Latest guides & analysis

Funding rate education, market analysis, and methodology — written for traders who want to understand the data, not just look at it.

All articles →

What is funding rate and why does it matter for crypto traders?

Funding rate is the periodic payment exchanged between long and short traders in a perpetual futures contract. On Binance, Bybit, and OKX, funding is charged every 8 hours (at 00:00, 08:00, and 16:00 UTC). When funding is positive, longs pay shorts. When it is negative, shorts pay longs. The rate reflects the cost of holding a leveraged position, and it is one of the cleanest signals of market positioning available to retail traders.

How to read the funding heatmap

Our live funding heatmap aggregates real-time funding rates from the three largest perpetual futures exchanges. Each cell shows the current rate as a percentage per 8-hour window, color-coded from red (extreme positive, longs crowded) to green (extreme negative, shorts crowded). The screener lets you filter by exchange and sort by absolute magnitude, volume, or coin.

Cross-exchange arbitrage on funding rates

Funding rates often diverge between Binance, Bybit, and OKX. A trader can simultaneously long the contract with lower (or negative) funding and short the contract with higher funding, capturing the spread every 8 hours while holding a delta-neutral position. Our funding dashboard highlights the largest cross-exchange spreads in real time.

Open interest and liquidations as context

Funding rate alone tells you the cost of being in a position; open interest tells you the size. Rising open interest with rising price and rising funding signals a crowded long and a potential squeeze setup. Falling open interest with flat funding signals positioning is being unwound. We track open interest across Binance, Bybit, and OKX on the intelligence dashboard.

Fear and Greed Index as a contrarian signal

The Bitcoin Fear and Greed Index aggregates volatility, momentum, social media, surveys, dominance, and Google Trends into a single 0-100 score. Historically, extreme fear (below 20) has been a profitable buy zone on 30-90 day horizons, while extreme greed (above 80) has marked local tops. We surface the index in real time on the Fear and Greed page alongside 30 days of history.

Educational resources for derivatives traders

New to perpetuals? Start with the Funding 101 guide, which explains how funding is calculated, the difference between perpetual and quarterly futures, and the four most common trading strategies: mean reversion on extreme funding, trend-following on rising funding, cross-exchange arbitrage, and Fear and Greed divergence. For data sources and calculation methodology, see the methodology page.