Icp

Icp (ICP) — Funding Rates

Perpetual futures funding rates across exchanges

Icp (ICP) perpetual futures currently show funding across 23 markets, averaging 0.0055% per interval. The highest rate is 0.0301%.

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
23
Highest Rate
0.0301%
Lowest Rate
-0.0083%
Total Perp Markets
23

Current Funding Rates

ExchangePairFunding RateAnnualized APRIntervalPriceVolume (24h)
BlofinICP/USDT+0.0164%+0.0%8000h · 12:00:00 AM$3.46$60.86M
BinanceICP/USDT-0.0032%-0.0%8000h · 4:00:00 PM$2.95$18.54M
DigifinexICP/USDT+0.0300%+0.0%8000h · 8:00:00 AM$2.95$7.94M
MEXCICP/USDT-0.0032%-0.0%8000h · 4:00:00 PM$2.95$7.35M
BybitICP/USDT-0.0083%-0.0%8000h · 4:00:00 PM$2.95$7.04M
BingxICP/USDT+0.0100%+0.0%8000h · 4:00:00 PM$2.95$6.44M
WhitebitICP/USDT-0.0010%-0.0%8000h · 4:00:00 PM$2.95$3.88M
XtICP/USDT+0.0301%+0.0%8000h$2.95$2.72M
PionexICP/USDT-0.0010%-0.0%8000h · 4:00:00 PM$2.95$2.34M
BitgetICP/USDT+0.0070%+0.0%8000h · 4:00:00 PM$2.95$1.7M
OKXICP/USDT+0.0100%+0.0%8000h · 12:00:00 AM$2.95$1.58M
BitunixICP/USDT+0.0000%+0.0%8000h · 4:00:00 PM$2.95$1.38M
HyperliquidICP/USDC-0.0010%-0.0%1000h · 2:00:00 PM$2.96$1.38M
KucoinICP/USDT+0.0100%+0.0%8000h · 4:00:00 PM$2.95$1.25M
GateICP/USDT+0.0100%+0.0%8000h · 12:00:00 AM$2.95$1.24M
PhemexICP/USDT-0.0070%-0.0%8000h$2.95$600.63K
GrvtICP/USDT+0.0100%+0.0%8000h$2.96$327.47K
LighterICP/USDC+0.0096%+0.1%1000h · 4:01:40 PM$2.96$301.94K
AsterICP/USDT+0.0100%+0.1%1000h · 4:00:00 PM$2.95$185.02K
MEXCICP/USDC-0.0032%-0.0%8000h · 4:00:00 PM$2.95$123.73K
DeribitICP/USDC-0.0046%-0.0%8000h$2.95$76.24K
BybitICP/USDC+0.0050%+0.0%8000h · 4:00:00 PM$2.96$23.12K
DydxICP/USD+0.0000%+0.0%8000h$2.96$761.36

Icp Funding Rate FAQ

What is the ICP 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 ICP 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.