ORCA Funding Rate

ORCAORCA$1.69-1.78%LongShort
ORCAORCA$1.69-1.78%
Market Cap$103.33M
Circulating Supply60,798,763
Total Supply74,999,531
WebsiteWebsite
Explorerssolscan.io

Derivatives (24h)

BuySell
Open Interest-7.14%$12.44M
Futures Volume-26.58%$28.37M
Liquidation-32.51%$20.38K
Long Liquidation+62.57%$19.42K
Short Liquidation-94.27%$957.67

Long/Short (24h)

LongShort
ORCA Long/Short All0.848
Binance Long/Short0.912
Bybit Long/Short0.897
BingX Long/Short0.975
WhiteBIT Long/Short0.343

Funding Rate

ORCA OI-Weighted (4h)-0.0291%
Binance ORCA/USDT (4h)-0.0137%
Bybit ORCA/USDT (4h)-0.0474%
KuCoin ORCA/USDT (4h)+0.0050%
Bitget ORCA/USDT (4h)+0.0050%
Current FundingA funding rate is a periodic payment exchanged directly between long and short traders in perpetual futures. Learn more →-0.0582%
Annualized · APR-63.76%
Next Funding—
Funding Accum · 1D—
SHORTS PAYINGShorts paying longs — positioning leans shortAutomated rule-based market summary, for informational purposes only. Not financial advice.

ORCA Funding Rate Chart · Perpetual · Aggregated

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

Exchanges ORCA Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted-0.0582%————
BBinance-0.0137%-30.06%-0.0518%02:59:59 (4h)4hTrade
BBingX-0.0548%-120.01%-0.0307%02:59:59 (4h)4h
BBybit-0.0474%-103.87%-0.0844%02:59:59 (4h)4hTrade
BBitget+0.0050%+10.95%-0.0179%02:59:59 (4h)4hTrade
MMEXC-0.0145%-31.76%-0.0520%02:59:59 (4h)4hTrade
WWhiteBIT+0.0050%+10.95%+0.0300%02:59:59 (4h)4h
KKuCoin+0.0050%+10.95%+0.0300%02:59:59 (4h)4hTrade
GGate-0.0100%-21.90%+0.0222%02:59:59 (4h)4hTrade
AAster-0.0147%-32.11%-0.0453%02:59:59 (4h)4h
CCrypto.com-0.0093%-81.07%+0.3601%— (1h)1h
KKraken-0.0112%-98.14%-0.4111%— (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 ORCA USDT perpetual funding rate (4h, OI-weighted) is -0.0582%, meaning shorts are paying longs right now. Across the 11 exchanges reporting a rate, it ranges from -0.0548% on BingX to +0.0050% on KuCoin — 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 ORCA funding rates

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

On an OI-weighted basis, ORCA funding currently sits at -0.0582% — traders holding shorts pay longs until the next settlement (settled every 4 hours on most venues).

Which exchange has the highest ORCA funding rate?

KuCoin currently prints the highest ORCA rate at +0.0050%; BingX sits lowest at -0.0548%. Every venue's current and accumulated rate is listed in the table below.

How often is ORCA 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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