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BASED Funding Rate

BASEDBASED$0.05220+0.62%LongShort

Derivatives (24h)

BuySell
Open Interest-1.38%$10.85M
Futures Volume-47.56%$10.30M
Liquidation-61.99%$4.83K
Long Liquidation-62.59%$4.23K
Short Liquidation+47.32%$597.95

Long/Short (24h)

LongShort
BASED Long/Short All0.940
Binance Long/Short0.892
OKX Long/Short0.888
Bybit Long/Short1.007
WhiteBIT Long/Short1.123

Funding Rate

BASED OI-Weighted (4h)+0.0050%
Binance BASED/USDT (4h)+0.0050%
OKX BASED/USDT (4h)+0.0050%
Bybit BASED/USDT (4h)+0.0050%
Gate BASED/USDT (4h)+0.0050%
Current FundingOpen-interest-weighted average of the current funding rate across all exchanges (each exchange weighted by its open interest, shown per the coin's common settlement interval). Positive = longs pay shorts. Learn more →+0.0050%/4h
Annualized · APR+10.95%
Next Funding—
Funding Accum · 1D—
NEUTRAL FUNDINGFunding near baseline — balanced positioningAutomated rule-based market summary, for informational purposes only. Not financial advice.

BASED Funding Rate Chart · Perpetual · Aggregated

Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsBASED price
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View BASED liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchanges BASED Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted+0.0050%+10.95%+0.0300%02:22:45 (4h)4h
BBinance+0.0050%+10.95%+0.0300%02:22:45 (4h)4hTrade
OOKX+0.0050%+10.95%+0.0300%02:22:45 (4h)4hTrade
BBybit+0.0050%+10.95%+0.0300%02:22:45 (4h)4hTrade
WWhiteBIT+0.0050%+10.95%+0.0300%02:22:45 (4h)4h
BBitget+0.0050%+10.95%+0.0300%02:22:45 (4h)4hTrade
BBingX+0.0050%+10.95%+0.0300%02:22:45 (4h)4h
KKuCoin+0.0050%+10.95%+0.0300%02:22:45 (4h)4hTrade
MMEXC+0.0050%+10.95%+0.0300%02:22:45 (4h)4hTrade
GGate+0.0050%+10.95%+0.0300%02:22:45 (4h)4hTrade
AAster+0.0050%+10.95%+0.0315%02:22:45 (4h)4h
CCrypto.com+0.0031%+27.18%-0.0109%00:22:45 (1h)1h

Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.

How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.

The current BASED USDT perpetual funding rate (4h, OI-weighted) is +0.0100%, meaning longs are paying shorts right now. Across the 11 exchanges reporting a rate, it ranges from +0.0031% on Crypto.com to +0.0050% on OKX — a spread that shows how positioning differs venue by venue. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →

See the live funding rate matrix for every exchange →

About BASED funding rates

The BASED funding rate is the periodic payment exchanged between longs and shorts on BASED perpetual futures. This page charts the OI-weighted BASED perpetual funding rate against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.

The headline rate weights every venue by its share of BASED open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.

Frequently asked questions

What is the BASED funding rate right now?

On an OI-weighted basis, BASED funding currently sits at +0.0100% — traders holding longs pay shorts until the next settlement (settled every 4 hours on most venues).

Which exchange has the highest BASED funding rate?

OKX currently prints the highest BASED rate at +0.0050%; Crypto.com sits lowest at +0.0031%. Every venue's current and accumulated rate is listed in the table below.

How often is BASED funding settled?

Settlement schedules differ by venue — from every hour to every 4 hours. The countdown to each exchange's next settlement runs in the table below.

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