| Exchange | Interval | APR ↓ | Rate | APR Bar |
|---|---|---|---|---|
| 8h | +11.0% | +0.0100% | ||
| 1h | +11.0% | +0.0013% | ||
| 1h | +11.0% | +0.0013% | ||
| 1h | +10.5% | +0.0012% | ||
| 8h | +8.6% | +0.0078% | ||
| 1h | +7.0% | +0.0008% | ||
| 8h | +5.1% | +0.0047% | ||
| 8h | +5.0% | +0.0045% | ||
| 8h | +4.1% | +0.0038% | ||
| 8h | +3.9% | +0.0036% | ||
| 8h | +3.1% | +0.0029% | ||
| 8h | +0.3% | +0.0003% | ||
| 8h | -0.9% | -0.0008% | ||
| 8h | -0.9% | -0.0009% | ||
| 1h | -2.6% | -0.0003% |
ETH funding rates show the periodic payments exchanged between long and short positions in Ethereum perpetual futures. Positive funding generally means longs pay shorts, while negative funding means shorts pay longs. Because every exchange calculates and settles funding independently, the ETH funding rate can differ significantly between venues at the same time.
This page compares Ethereum funding rates across the exchanges we track and converts them into a comparable annualized APR. The table shows the current rate for each exchange, while the historical chart makes it easier to see how ETH funding has changed over time rather than relying on a single snapshot.
The aggregated funding rate is weighted by open interest, so exchanges with more active ETH positions have a larger influence on the headline figure. That helps show where the broader market is positioned while still keeping individual exchange differences visible.
The ETH funding rate is the periodic payment between traders holding long and short Ethereum perpetual futures positions. It helps keep perpetual contract prices close to the underlying ETH spot price.
Each exchange has its own order flow, open interest, traders and funding methodology. As a result, the Ethereum funding rate can be positive on one exchange and lower, neutral or negative on another at the same time.
Positive funding usually means long positions pay short positions, which can indicate stronger demand for leveraged longs. Negative funding reverses the payment direction and can indicate heavier short positioning. Funding should be interpreted together with price, open interest and other market data rather than on its own.
Funding APR annualizes the current periodic funding rate so exchanges with different settlement intervals can be compared on the same basis. It is a standardized comparison metric, not a guaranteed return, because funding rates can change quickly.
The aggregated rate is weighted by ETH open interest across the exchanges covered on this page. Exchanges with more open positions therefore contribute more to the aggregate than smaller venues.