💵 Funding Rate

Who's paying to hold the trade

Funding is the periodic payment that keeps perpetual futures pinned to spot. Positive funding means longs pay shorts, the market is crowded long and paying up to stay in. Negative funding means shorts pay longs, a crowded short. Read live, glass-box.
BTC Funding
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ETH Funding
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Average Funding
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Most Crowded Long
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Most Crowded Short
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Click any column to sort. Sorted by funding descending, the most crowded longs sit at the top. Sort funding ascending to surface the most crowded shorts (most negative). Refreshes automatically.
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How to read funding

Funding is a small percentage paid every eight hours between the two sides of every perpetual contract. When it is positive, longs pay shorts, positioning is crowded long. When it is negative, shorts pay longs, positioning is crowded short. The further funding stretches from zero, the more one-sided and expensive the trade has become. Every figure here is pulled live, straight from the source, glass-box.
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Funding data is provided by third-party market data feeds and may be delayed or occasionally unavailable. OwlChart provides analytics and market data for information and education only, not financial advice. Crypto is highly volatile; you can lose everything you invest.