Data

Data (DATA) — Funding Rates

Perpetual futures funding rates across exchanges

Data (DATA) perpetual futures currently show funding across 9 markets, averaging 0.0069% per interval. The highest rate is 0.0224%.

A positive rate means longs pay shorts — a signal of crowded long positioning; a negative rate means shorts pay longs. Use this page to compare funding across venues and spot markets where the annualized rate is attractive.

Markets with Funding
9
Highest Rate
0.0224%
Lowest Rate
0.0048%
Total Perp Markets
9

Current Funding Rates

ExchangePairFunding RateAnnualized APRIntervalPriceVolume (24h)
OKXDATA/USDT+0.0050%+0.0%8000h · 8:00:00 PM$0.21$6.51M
KucoinDATA/USDT+0.0050%+0.0%8000h · 4:00:00 PM$0.21$1.36M
BybitDATA/USDT+0.0050%+0.0%8000h · 4:00:00 PM$0.21$484.24K
MEXCDATA/USDT+0.0050%+0.0%4000h · 4:00:00 PM$0.21$287.61K
BitgetDATA/USDT+0.0050%+0.0%4000h · 4:00:00 PM$0.21$128.51K
GateDATA/USDT+0.0050%+0.0%8000h · 12:00:00 AM$0.02$52.05K
LighterDATA/USDC+0.0224%+0.2%1000h · 4:03:55 PM$0.21$26.88K
BlofinDATA/USDT+0.0048%+0.0%8000h · 8:00:00 PM$0.22$10.49K
BitgetDATA/USDC+0.0050%+0.0%4000h · 4:00:00 PM$0.21$5.73K

Data Funding Rate FAQ

What is the DATA funding rate?expand_more
The funding rate is a periodic payment between longs and shorts on perpetual futures markets. A positive rate means longs pay shorts; a negative rate means shorts pay longs. It keeps the perpetual price anchored to spot.
Why is the funding rate positive or negative?expand_more
When most traders are long, funding turns positive to encourage shorts; when the crowd is short, funding turns negative to encourage longs. Extreme values often signal crowded positioning and potential reversals.
How is APR calculated from the funding rate?expand_more
APR annualizes the rate using the funding interval: rate × (24h / interval hours) × 365. For example, a 0.01% rate paid every 8 hours annualizes to roughly 10.95%.
When is funding paid on DATA perpetuals?expand_more
Most exchanges settle funding every 8 hours (00:00, 08:00, 16:00 UTC), though some venues use 4-hour or 1-hour intervals. The exact next settlement time is shown next to each market on this page.
What is considered a high funding rate?expand_more
Sustained funding above 0.05-0.1% per interval is elevated and indicates strong directional crowding. Funding arbitrage traders typically look for markets where the annualized rate exceeds holding costs.