Edge or Not

F funding rate today: 1 exchange

The F funding rate on USDT-margined perpetuals at BingX: per funding interval, normalized to 8 hours and annualized, plus how much was paid over the past 7 and 30 days. Snapshot -, refreshed every minute.

Right now: the F rate on BingX is +0.0010% per 8h. Longs pay. Combined 24h turnover across exchanges: $6.5M.

What the numbers say

Rates by exchange

ExchangeRate per intervalCapPer 8hAnnualizedNext paymentPaid 7dPaid 30d24h turnover
BingX +0.0005% / 4h ±2% +0.0010% +1.1% - +0.20%+0.92% $7M

Positive: longs pay shorts. Negative: shorts pay longs. The cap is the maximum rate per interval on that exchange (intervals and caps by exchange). "-" in the paid columns means the coin has been listed for less than the period or its history is still being collected.

Who pays whom

Every funding interval, one side pays the other - not the exchange longs shorts rate positive (+0.01%): longs pay longs shorts rate negative (-0.01%): shorts pay example: $10,000 position x 0.01% = $1 per 8 hours, 3 times a day = $3 a day
Funding keeps the perpetual price close to spot: when longs are crowded the rate turns positive and they pay; when shorts are crowded, they pay. Calculate your own cost in the funding calculator.

Cost of holding a position

Exchange$1,000 long, 1 day$1,000 short, 1 day$10,000 long, 1 week (current rate)$10,000 long, last week (actual)
BingX -0.03 $+0.03 $-2.02 $ -20.30 $

Positive means you receive, negative means you pay. "Current rate" assumes the rate does not change; in practice it is recalculated every interval. "Actual" uses the real payments of the past 7 days. Trading fees are not included.

More on F

FAQ

What is the F funding rate now?

BingX: +0.0005% per 4h. The table above refreshes every minute.

Who pays F funding?

With a positive rate longs pay shorts; with a negative rate shorts pay longs. The money goes from one side of traders to the other, not to the exchange. The rate is positive on all 1 exchanges: longs pay shorts, positioning leans long.

Why are F funding rates different on each exchange?

Each exchange computes the rate with its own formula and charges it on its own schedule (every 1, 2, 4 or 8 hours). Only values normalized to the same period can be compared - the "per 8h" column.

The page shows exchange data and arithmetic on it. It is not a trading signal or investment advice.