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Synthetix (SNX) Funding Rate

SNXSNX$0.1801+1.79%LongShort

Derivatives (24h)

BuySell
Open Interest+5.40%$7.53M
Futures Volume+46.44%$5.26M
Liquidation+8880.94%$27.80K
Long Liquidation+23978.45%$27.46K
Short Liquidation+460.54%$342.13

Long/Short (24h)

LongShort
SNX Long/Short All0.896
Binance Long/Short0.930
OKX Long/Short0.962
Bybit Long/Short1.185
Hyperliquid Long/Short1.046

Funding Rate

SNX OI-Weighted (8h)+0.0090%
Binance SNX/USDT (8h)+0.0100%
OKX SNX/USDT (8h)+0.0000%
Bybit SNX/USDT (8h)+0.0100%
Hyperliquid SNX/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 →+0.0090%/8h
Annualized · APR+9.83%
Next Funding—
Funding Accum · 1D—
NEUTRAL FUNDINGFunding near baseline — balanced positioningAutomated rule-based market summary, for informational purposes only. Not financial advice.

SNX Funding Rate Chart · Perpetual · Aggregated

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

Exchanges SNX Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted+0.0089%+9.80%+0.0375%02:57:38 (8h)8h
BBinance+0.0100%+10.95%+0.0300%02:57:38 (8h)8hTrade
BBybit+0.0100%+10.95%+0.0300%02:57:38 (8h)8hTrade
BBitget+0.0100%+10.95%+0.0300%02:57:38 (8h)8hTrade
BBingX+0.0100%+10.95%+0.0300%02:57:38 (8h)8h
OOKX+0.0000%+0.03%+0.0300%02:57:38 (8h)8hTrade
HHyperliquid+0.0013%+10.95%+0.0300%00:57:38 (1h)1h
WWhiteBIT+0.0100%+10.95%+0.0300%02:57:38 (8h)8h
KKuCoin-0.0306%-33.51%+0.0300%02:57:38 (8h)8hTrade
MMEXC+0.0100%+10.95%+0.0300%02:57:38 (8h)8hTrade
GGate+0.0100%+10.95%+0.0300%02:57:38 (8h)8hTrade
KKraken+0.0143%+125.30%+0.4358%00:57:38 (1h)1h
AAster+0.0100%+10.95%+0.0300%02:57:38 (8h)8h
CCrypto.com-0.0194%-170.32%-0.0132%00:57:38 (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 SNX USDT perpetual funding rate (8h, OI-weighted) is +0.0090%, meaning longs are paying shorts right now. Across the 13 exchanges reporting a rate, it ranges from -0.0306% on KuCoin to +0.0143% on Kraken — 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 SNX funding rates

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

On an OI-weighted basis, SNX funding currently sits at +0.0090% — traders holding longs pay shorts until the next settlement (settled every 8 hours on most venues).

Which exchange has the highest SNX funding rate?

Kraken currently prints the highest SNX rate at +0.0143%; KuCoin sits lowest at -0.0306%. Every venue's current and accumulated rate is listed in the table below.

How often is SNX 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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