Binance lists 579 perpetual markets with funding rate data. The current mean funding rate across Binance perps is -0.83 bps (-9.08% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Binance funding rates

• BSB: 26.11 bps (285.94% APY)
• LIGHT: 10.51 bps (115.03% APY)
• USAR: 7.78 bps (85.22% APY)

Lowest Binance funding rates

• COS: -243.38 bps (-2665.03% APY)
• MTL: -135.30 bps (-1481.55% APY)
• GMT: -65.11 bps (-712.92% APY)

Largest absolute Binance funding rates

Markets with the most extreme Binance funding (positive or negative): COS (-243.38 bps), MTL (-135.30 bps), GMT (-65.11 bps).

About Binance funding rates

Funding payments keep Binance perpetual contracts pinned to the underlying spot price. A positive Binance funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Binance funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Binance can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.

Last updated 2026-05-23 13:43:59 (UTC).