Crypto Funding Rate Calculator — Binance, Bybit & MEXC

The funding rate is a periodic payment between long and short traders in perpetual futures markets. It keeps the perpetual contract price close to the spot price. When the rate is positive, longs pay shorts (bullish market sentiment). When negative, shorts pay longs (bearish sentiment). It is charged every 8 hours on most exchanges.

Funding Fee = Position Size (USD) × Funding Rate (%). For example: $10,000 position at 0.01% funding rate = $1.00 per 8-hour period = $3.00 per day = $21.00 per week. On a leveraged position, the fee applies to the full notional value, not just your margin.

A funding rate above 0.1% per 8 hours (0.3%/day or about 9%/month) is considered very high and suggests extreme market greed. During bull market peaks, rates can spike to 0.3–0.5% per period. High positive funding is often used as a contrarian signal — it indicates over-leveraged longs and potential for a sharp correction.

Close your position before the funding timestamp (every 8 hours). Alternatively, open an opposite position on another exchange to hedge — this is called funding rate arbitrage. You can also trade spot instead of futures to avoid funding fees entirely.

A negative funding rate means short sellers pay longs. This happens when the perpetual futures price trades below the spot price (bearish sentiment). If you are long during negative funding, you receive payments every 8 hours instead of paying them. Negative funding rates often signal extreme bearishness — contrarian traders watch for deeply negative funding as a potential long opportunity.