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Ethereum (ETH) Funding Rate

ETHETH$2,246.37+0.55%LongShort

Derivatives (24h)

BuySell
Open Interest-1.50%$23.82B
Futures Volume-69.64%$21.49B
Liquidation-92.87%$24.65M
Long Liquidation-94.83%$14.87M
Short Liquidation-82.34%$9.78M

Long/Short (24h)

LongShort
ETH Long/Short All0.997
Binance Long/Short0.978
OKX Long/Short0.966
Bybit Long/Short1.024
Hyperliquid Long/Short1.204

Funding Rate

ETH OI-Weighted (8h)-0.0050%
Binance ETH/USDT (8h)-0.0056%
OKX ETH/USDT (8h)-0.0111%
Bybit ETH/USDT (8h)-0.0075%
Hyperliquid ETH/USD (1h)+0.0013%
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%/8h
Annualized · APR-5.53%
Next Funding—
Funding Accum · 1D—
NEUTRAL FUNDINGFunding near baseline — balanced positioningAutomated rule-based market summary, for informational purposes only. Not financial advice.

ETH Funding Rate Chart · Perpetual · Aggregated

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

Exchanges ETH Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted-0.0050%-5.53%-0.0207%03:40:46 (8h)8h
BBinance-0.0056%-6.13%-0.0312%03:40:46 (8h)8hTrade
MMEXC-0.0056%-6.13%-0.0311%03:40:46 (8h)8hTrade
HHyperliquid+0.0013%+10.95%+0.0132%00:40:46 (1h)1h
BBybit-0.0075%-8.16%-0.0336%03:40:46 (8h)8hTrade
BBitget-0.0046%-5.04%-0.0247%03:40:46 (8h)8hTrade
OOKX-0.0111%-12.16%-0.0155%03:40:46 (8h)8hTrade
GGate-0.0046%-5.04%-0.0102%03:40:46 (8h)8hTrade
WWhiteBIT-0.0201%-21.99%+0.0158%03:40:46 (8h)8h
CCrypto.com+0.0001%+1.23%-0.0465%00:40:46 (1h)1h
KKuCoin-0.0067%-7.34%-0.0191%03:40:46 (8h)8hTrade
BBingX-0.0037%-4.05%-0.0121%03:40:46 (8h)8h
AAster-0.0073%-7.97%-0.0286%03:40:46 (8h)8h
LLighter+0.0007%+6.13%-0.0120%00:40:46 (1h)1h
HHTX-0.0324%-35.49%-0.0483%——Trade
KKraken-0.0011%-9.72%-0.0222%00:40:46 (1h)1h
BBitfinex0.0000%0.00%+0.0126%——

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 ETH USDT perpetual funding rate (8h, OI-weighted) is -0.0050%, meaning shorts are paying longs right now. Across the 16 exchanges reporting a rate, it ranges from -0.0324% on HTX to +0.0013% on Hyperliquid — a spread that shows how positioning differs venue by venue. A negative rate is the less common state — it appears when perpetuals trade below spot and short positioning dominates. Learn more about how funding rates work →

See the live funding rate matrix for every exchange →

About ETH funding rates

The Ethereum funding rate (ETH funding rate) is the periodic payment exchanged between longs and shorts on ETH perpetual futures. This page charts the OI-weighted Ethereum perpetual funding rate (ETH 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 ETH 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 ETH funding rate right now?

On an OI-weighted basis, ETH funding currently sits at -0.0050% — traders holding shorts pay longs until the next settlement (settled every 8 hours on most venues).

Which exchange has the highest ETH funding rate?

Hyperliquid currently prints the highest ETH rate at +0.0013%; HTX sits lowest at -0.0324%. Every venue's current and accumulated rate is listed in the table below.

How often is ETH funding settled?

Settlement schedules differ by venue — from every hour to every 8 hours. The countdown to each exchange's next settlement runs in the table below.

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