Funding Rates Monitor
Track real-time funding rates across 18 exchanges (11 CEX + 7 DEX). Compare hourly rates, annualized yields, open interest, and arb spreads.
| Symbol |  DEXHyperliquid |  DEXdYdX | Arb Spread | Combined OI↓ | Price |
|---|---|---|---|---|---|
| +10.95% | -17.99% | +28.94% | $1.83B | $68 798 | |
| +6.32% | -9.33% | +15.65% | $1.18B | $2 062 | |
| +10.95% | +0.0000% | +10.95% | $844.6M | $38.89 | |
| -36.69% | -54.18% | +17.49% | $335.0M | $86.61 | |
| -36.15% | -5.39% | +30.76% | $70.1M | $1.36 | |
| +2.49% | +0.0000% | +2.49% | $60.9M | $337.96 | |
| -6.91% | +0.0000% | +6.91% | $60.2M | $0.6673 | |
| -26.75% | +0.0000% | +26.75% | $54.9M | $221.91 | |
| +0.15% | +0.0000% | +0.15% | $53.3M | $4 400 | |
| +10.95% | +0.0000% | +10.95% | $47.9M | $2.15 | |
| -5.91% | +0.0000% | +5.91% | $38.9M | $9.11 | |
| +10.95% | — | — | $34.8M | $0.1777 | |
| +10.95% | -8.33% | +19.28% | $29.9M | $0.9089 | |
| +10.95% | +0.0000% | +10.95% | $29.6M | $8.92 | |
| +10.95% | +0.0000% | +10.95% | $29.2M | $0.001788 | |
| +10.95% | +0.0000% | +10.95% | $28.6M | $0.0933 | |
| -37.87% | -117.62% | +79.75% | $28.4M | $0.0244 | |
| +10.95% | — | — | $28.2M | $0.003423 | |
| +10.95% | +9.23% | +1.72% | $27.8M | $328.11 | |
| +5.07% | +6.46% | +1.39% | $22.3M | $0.0919 | |
| +2.73% | +0.0000% | +2.73% | $21.3M | $105.10 | |
| -0.85% | -9.53% | +8.69% | $21.1M | $628.85 | |
| -27.94% | +0.0000% | +27.94% | $20.2M | $0.2918 | |
| +10.95% | +0.0000% | +10.95% | $19.2M | $0.0983 | |
| +3.65% | +0.0000% | +3.65% | $16.1M | $461.66 | |
| +10.95% | +10.95% | +0.0000% | $14.4M | $0.6841 | |
| +3.21% | +0.0000% | +3.21% | $14.4M | $1.22 | |
| -9.57% | +0.0000% | +9.57% | $14.2M | $0.9265 | |
| -48.39% | +0.0000% | +48.39% | $13.9M | $3.13 | |
| -25.16% | -0.57% | +24.59% | $13.2M | $0.0966 | |
| +10.95% | +0.0000% | +10.95% | $13.1M | $54.61 | |
| -13.17% | +0.0000% | +13.17% | $12.7M | $0.2542 | |
| +7.60% | +0.0000% | +7.60% | $12.5M | $0.3113 | |
| -51.92% | +10.95% | +62.87% | $10.5M | $6.26 | |
| +10.95% | +0.56% | +10.39% | $10.3M | $3.52 | |
| -22.85% | +0.0000% | +22.85% | $8.7M | $1.04 | |
| +10.95% | +0.0000% | +10.95% | $8.0M | $1.27 | |
| +10.44% | +0.0000% | +10.44% | $7.2M | $1.32 | |
| +10.95% | +0.0000% | +10.95% | $5.4M | $0.2204 | |
CCC | +10.95% | — | — | $5.1M | $0.1424 |
| +10.95% | -2.75% | +13.70% | $4.9M | $0.1874 | |
| -24.89% | +0.0000% | +24.89% | $4.9M | $1.56 | |
| +3.96% | — | — | $4.8M | $0.005917 | |
| +6.53% | -1.20% | +7.72% | $4.8M | $0.1491 | |
| +10.95% | +0.92% | +10.03% | $4.7M | $0.6975 | |
| +10.95% | +0.0000% | +10.95% | $4.4M | $0.2419 | |
| +10.95% | +0.0000% | +10.95% | $4.3M | $0.0911 | |
| +10.95% | +0.0000% | +10.95% | $4.2M | $0.5183 | |
| -0.77% | +0.0000% | +0.77% | $3.9M | $1.20 | |
| +8.35% | -12.12% | +20.46% | $3.8M | $0.2872 |
Funding rates update every 2 minutes. Rates are normalized to 1h intervals. Arbitrage spreads are theoretical and do not account for execution costs, slippage, or withdrawal fees.
How Funding Rates Work
Funding rates are periodic payments exchanged between long and short position holders in perpetual futures markets. Unlike traditional futures contracts that expire and converge to spot price at settlement, perps use funding to keep their price anchored to the underlying asset. When the perpetual trades above spot, longs pay shorts; when it trades below spot, shorts pay longs. Rates are typically settled every 1–8 hours depending on the exchange.
High positive funding indicates a crowded long market — often a sign of speculative excess and elevated liquidation risk for leveraged longs. Conversely, deeply negative funding can signal heavy short interest or bearish sentiment. Tracking funding across exchanges reveals market structure at a glance and can inform both directional bias and hedging decisions.
Funding rate arbitrage — holding a spot long while shorting the perpetual — allows traders to capture the funding payment as yield when rates are elevated. This screener monitors rates across 18 exchanges (11 CEX + 7 DEX) in real time with integrated open interest data, letting you compare annualized yields and identify cross-venue divergences before they close.