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PDD Holdings Inc (PDD) Funding Rate

PDDPDD$78.64-0.41%LongShort
PDDPDD$78.64-0.41%
WebsiteWebsite
Industry—
Employees23,465
Founded2015-01-01
CIK0001737806

Derivatives (24h)

BuySell
Open Interest-1.77%$5.02M
Futures Volume-59.87%$1.22M
Liquidation+43.86%$4.47K
Long Liquidation+43.63%$4.46K
Short Liquidation+147.44%$18.18

Long/Short (24h)

LongShort
PDD Long/Short All0.876
Binance Long/Short0.954
OKX Long/Short0.286
Bybit Long/Short0.666
Bitget Long/Short0.805

Funding Rate

PDD OI-Weighted (8h)+0.0000%
Binance PDD/USDT (8h)0.0000%
OKX PDD/USDT (8h)0.0000%
Bybit PDD/USDT (8h)0.0000%
HTX PDD/USDT (8h)+0.0100%
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 →+0.0000%/8h
Annualized · APR+0.02%
Next Funding—
Funding Accum · 1D—
NEUTRAL FUNDINGFunding near baseline — balanced positioningAutomated rule-based market summary, for informational purposes only. Not financial advice.

PDD Funding Rate Chart · Perpetual · Aggregated

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

Exchanges PDD Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted+0.0000%+0.02%+0.0005%03:15:14 (8h)8h
BBinance0.0000%0.00%0.0000%03:15:14 (8h)8hTrade
BBitget0.0000%0.00%0.0000%03:15:14 (8h)8hTrade
BBybit0.0000%0.00%0.0000%03:15:14 (8h)8hTrade
MMEXC0.0000%0.00%0.0000%03:15:14 (8h)8hTrade
GGate0.0000%0.00%0.0000%03:15:14 (8h)8hTrade
OOKX0.0000%0.00%+0.0187%03:15:14 (8h)8hTrade
KKuCoin0.0000%0.00%0.0000%03:15:14 (8h)8hTrade
HHTX+0.0100%+10.95%+0.0300%03:15:14 (8h)8hTrade
AAster0.0000%0.00%0.0000%03:15:14 (8h)8h

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 PDD USDT perpetual funding rate (8h, OI-weighted) is +0.0000%, meaning longs are paying shorts right now. Across the 9 exchanges reporting a rate, it ranges from 0.0000% on OKX to +0.0100% on HTX — 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 PDD funding rates

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

On an OI-weighted basis, PDD funding currently sits at +0.0000% — traders holding longs pay shorts until the next settlement (settled every 8 hours on most venues).

Which exchange has the highest PDD funding rate?

HTX currently prints the highest PDD rate at +0.0100%; OKX sits lowest at 0.0000%. Every venue's current and accumulated rate is listed in the table below.

How often is PDD funding settled?

Every tracked venue settles PDD funding every 8 hours. The countdown to each exchange's next settlement runs in the table below.

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