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Funding Rate

BTC perpetual futures · average of Binance / Bybit / OKX · 8h interval

+0.0023 %weighted average
%

The funding rate is a periodic payment between traders holding long and short perpetual futures positions. It keeps the contract price aligned with spot. Positive funding means longs pay shorts – the market is bullish and longs dominate. Negative funding = shorts pay longs, and sentiment is bearish.

Funding settles every 8 hours. Values around +0.01 % are neutral. Persistently high values (>+0.05 %) signal overheating, while deeply negative values often mark capitulation.

Binance
+0.0001 %
Bybit
-0.0032 %
OKX
+0.0100 %

Source: the Binance, Bybit and OKX exchanges.