ArbiLayer

COOL funding rate

Live HYPE3.cool perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.120%MEXC
Lowest (24h)+0.030%Gate
Average (24h)+0.075%across 2 venues
Funding gap (24h)+0.090%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
MEXC logoMEXCCEX · COOL_USDT+0.0200%4h03:29:28+0.120%+43.8%$0.000487+1.883%$93.6K
Gate logoGateCEX · COOL_USDT+0.0050%4h03:29:28+0.030%+10.9%$0.000493+3.138%$44.2K

COOL funding rate explained

Right now HYPE3.cool (COOL) perpetual futures trade on 2 exchanges we track. The highest funding is on MEXC at +0.120% per day, the lowest on Gate at +0.030%. The average across all venues is +0.075% per day, or about +27.4% a year. Positive funding means COOL longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.090% per day. A delta-neutral position that shorts COOL on MEXC and goes long on Gate would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live COOL arbitrage board for the price side of the trade.

Settlement intervals differ: COOL funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: COOL arbitrage · HYPE3.cool price · funding rates for all coins.

What is the COOL funding rate today?

The average COOL funding rate across 2 exchanges is +0.075% per 24 hours. It ranges from +0.030% on Gate to +0.120% on MEXC. Rates update every few seconds on this page.

Which exchange has the highest COOL funding rate?

MEXC currently has the highest COOL funding at +0.120% per day, and Gate the lowest at +0.030%.

How often is COOL funding paid?

COOL perpetuals settle funding every 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is COOL funding positive or negative?

On average it is positive (+0.075% per day): longs pay shorts.