Q

Q (Q) — Funding Rates

Perpetual futures funding rates across exchanges

Q (Q) perpetual futures currently show funding across 11 markets, averaging -0.0647% per interval. The highest rate is 0.0071%.

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
11
Highest Rate
0.0071%
Lowest Rate
-0.1871%
Total Perp Markets
11

Current Funding Rates

ExchangePairFunding RateAnnualized APRIntervalPriceVolume (24h)
BinanceQ/USDT-0.0674%-0.1%8000h · 8:00:00 AM$0.03$74.47M
BybitQ/USDT-0.0961%-0.1%8000h · 8:00:00 AM$0.03$22.29M
GateQ/USDT-0.0553%-0.1%8000h · 12:00:00 AM$0.00$7.88M
BitgetQ/USDT-0.0714%-0.6%1000h · 8:00:00 AM$0.03$5.6M
MEXCQ/USDT-0.0674%-0.6%1000h · 6:00:00 AM$0.03$4.88M
KucoinQ/USDT-0.0666%-0.1%8000h · 8:00:00 AM$0.03$4.49M
BitunixQ/USDT+0.0000%+0.0%8000h · 8:00:00 AM$0.03$2.88M
BingxQ/USDT-0.0537%-0.5%1000h · 8:00:00 AM$0.03$2.48M
PionexQ/USDT-0.0539%-0.1%8000h · 8:00:00 AM$0.03$1.67M
AsterQ/USDT-0.1871%-1.6%1000h · 8:00:00 AM$0.03$284.06K
BlofinQ/USDT+0.0071%+0.0%8000h · 8:00:00 PM$0.02$94.74K

Q Funding Rate FAQ

What is the Q 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 Q 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.