BTC funding rate

Live Bitcoin perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)+0.030%Hyperliquid

Lowest (24h)-0.006%Bybit

Average (24h)+0.009%across 10 venues

Funding gap (24h)+0.036%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

HyperliquidPerp DEX · BTC+0.0013%1h00:27:30+0.030%+10.9%$85,216.00-0.036%$2.66B

HTXCEX · BTC-USDT+0.0100%8h07:27:30+0.030%+10.9%——$429.63M

BitgetCEX · BTCUSDT+0.0037%8h—+0.011%+4.1%$85,191.70-0.046%$3.44B

OKXCEX · BTC-USDT-SWAP+0.0026%8h07:27:30+0.008%+2.9%$85,186.90—$6.75B

AsterPerp DEX · BTCUSDT+0.0026%8h—+0.008%+2.9%$85,209.46-0.036%—

VariationalCEX · BTC+0.0023%8h—+0.007%+2.5%$85,102.01—$670.07M

KuCoinCEX · XBTUSDTM+0.0021%8h07:27:30+0.006%+2.3%$85,215.70-0.042%$418.96M

MEXCCEX · BTC_USDT-0.0011%8h07:27:30-0.003%-1.2%$85,193.90-0.044%$3.32B

BinanceCEX · BTCUSDT-0.0012%8h—-0.003%-1.3%$85,201.86-0.040%—

BybitCEX · BTCUSDT-0.0021%8h—-0.006%-2.3%$85,187.37-0.048%$5.50B

BTC funding rate explained

Right now Bitcoin (BTC) perpetual futures trade on 10 exchanges we track. The highest funding is on Hyperliquid at +0.030% per day, the lowest on Bybit at -0.006%. The average across all venues is +0.009% per day, or about +3.2% a year. Positive funding means BTC longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.036% per day. A delta-neutral position that shorts BTC on Hyperliquid and goes long on Bybit would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live BTC arbitrage board for the price side of the trade.

Settlement intervals differ: BTC funding is paid every 1 hour and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

What is the BTC funding rate today?

The average BTC funding rate across 10 exchanges is +0.009% per 24 hours. It ranges from -0.006% on Bybit to +0.030% on Hyperliquid. Rates update every few seconds on this page.

Which exchange has the highest BTC funding rate?

Hyperliquid currently has the highest BTC funding at +0.030% per day, and Bybit the lowest at -0.006%.

How often is BTC funding paid?

BTC perpetuals settle funding every 1 hour and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is BTC funding positive or negative?

On average it is positive (+0.009% per day): longs pay shorts.