CP funding rate

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

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Highest (24h)+0.390%OKX

Lowest (24h)+0.030%KuCoin

Average (24h)+0.155%across 6 venues

Funding gap (24h)+0.360%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

OKXCEX · CP-USDT-SWAP+0.0649%4h00:33:53+0.390%+142.2%$0.0123—$2.30M

MEXCCEX · CP_USDT+0.0636%4h00:33:53+0.382%+139.3%$0.0123+0.163%$120.5K

BitgetCEX · CPUSDT+0.0117%4h—+0.070%+25.6%$0.0123+0.128%$590.0K

BybitCEX · CPUSDT+0.0050%4h—+0.030%+10.9%$0.0123+0.081%$417.0K

GateCEX · CP_USDT+0.0050%4h00:33:53+0.030%+10.9%$0.0123+0.016%$132.7K

KuCoinCEX · CPUSDTM+0.0050%4h00:33:53+0.030%+10.9%$0.0123+0.081%$666.7K

CP funding rate explained

Right now Cluster Protocol (CP) perpetual futures trade on 6 exchanges we track. The highest funding is on OKX at +0.390% per day, the lowest on KuCoin at +0.030%. The average across all venues is +0.155% per day, or about +56.7% a year. Positive funding means CP longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.360% per day. A delta-neutral position that shorts CP on OKX and goes long on KuCoin would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live CP arbitrage board for the price side of the trade.

Settlement intervals differ: CP 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.

What is the CP funding rate today?

The average CP funding rate across 6 exchanges is +0.155% per 24 hours. It ranges from +0.030% on KuCoin to +0.390% on OKX. Rates update every few seconds on this page.

Which exchange has the highest CP funding rate?

OKX currently has the highest CP funding at +0.390% per day, and KuCoin the lowest at +0.030%.

How often is CP funding paid?

CP 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 CP funding positive or negative?

On average it is positive (+0.155% per day): longs pay shorts.