WAL$0.03684+5.84%Market Cap$96.23M
Circulating Supply2,617,291,667
Total Supply5,000,000,000
WebsiteWebsiteWhitepaper
Explorers
WAL$0.03684+5.84%Open Interest+56.82%$10.30M
Futures Volume+366.51%$57.54M
Liquidation+5683.99%$179.81K
Long Liquidation+3316.27%$101.55K
Short Liquidation+57751.80%$78.26K
WAL Long/Short All0.997
Binance Long/Short1.004
OKX Long/Short0.939
Bybit Long/Short0.892
BingX Long/Short1.021
Funding Rate
WAL OI-Weighted (4h)-0.0084%
Binance WAL/USDT (4h)-0.0122%
OKX WAL/USDT (4h)-0.0128%
Bybit WAL/USDT (4h)+0.0050%
Crypto.com WAL/USD (1h)+0.0140%
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 →-0.0084%/4h
Annualized · APR-18.33%
Next Funding—
Funding Accum · 1D—
WAL Funding Rate Chart · Perpetual · Aggregated
Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsWAL price
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View WAL liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more
Exchanges WAL Funding Rates
| Exchanges | Funding Rate | APR | 1D Accumulated | Next Funding | Interval | |
|---|---|---|---|---|---|---|
| ΣOI-Weighted | -0.0084% | -18.33% | -0.0974% | 01:37:54 | 4h | |
| BBinance | -0.0122% | -26.63% | -0.0129% | 01:37:54 | 4h | Trade |
| BBybit | +0.0050% | +10.95% | +0.0017% | 01:37:54 | 4h | Trade |
| BBingX | +0.0050% | +10.95% | -0.0053% | 01:37:54 | 4h | |
| BBitget | -0.0121% | -26.50% | -0.0219% | 01:37:54 | 4h | Trade |
| WWhiteBIT | +0.0050% | +10.95% | +0.0300% | 01:37:54 | 4h | |
| MMEXC | -0.0124% | -27.16% | -0.0134% | 01:37:54 | 4h | Trade |
| KKuCoin | -0.0757% | -165.78% | +0.0020% | 01:37:54 | 4h | Trade |
| OOKX | -0.0128% | -27.97% | +0.0042% | 01:37:54 | 4h | Trade |
| GGate | -0.0849% | -185.93% | -0.0852% | 01:37:54 | 4h | Trade |
| CCrypto.com | +0.0140% | +122.49% | -0.1857% | 00:37:54 | 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 WAL USDT perpetual funding rate (4h, OI-weighted) is -0.0167%, meaning shorts are paying longs right now. Across the 10 exchanges reporting a rate, it ranges from -0.0849% on Gate to +0.0140% on Crypto.com — 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 WAL funding rates
The Walrus funding rate (WAL funding rate) is the periodic payment exchanged between longs and shorts on WAL perpetual futures. This page charts the OI-weighted Walrus perpetual funding rate (WAL 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 WAL 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 WAL funding rate right now?
On an OI-weighted basis, WAL funding currently sits at -0.0167% — traders holding shorts pay longs until the next settlement (settled every 4 hours on most venues).
Which exchange has the highest WAL funding rate?
Crypto.com currently prints the highest WAL rate at +0.0140%; Gate sits lowest at -0.0849%. Every venue's current and accumulated rate is listed in the table below.
How often is WAL 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.
MOODENG
RIF
OPN
PIXEL
4
GENIUS