What is the average funding rate on Coinbase US?
The mean funding rate across 29 Coinbase US perpetual markets is +0.66 bps, equivalent to +7.3% annualized after normalizing each market to an 8-hour basis.
Coinbase US lists 29 perpetual markets with funding rate data. The current mean funding rate across Coinbase US perps is 0.66 bps (7.28% APY) (8h-normalized so it can be compared across venues with different funding intervals).
Markets with the most extreme Coinbase US funding (positive or negative): DFNSE (3.04 bps), HBAR (2.80 bps), LTC (2.24 bps).
Funding payments keep Coinbase US perpetual contracts pinned to the underlying spot price. A positive Coinbase US funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Coinbase US funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Coinbase US can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.
Last updated 2026-10-04T18:23:04Z (UTC).
FAQs
Coinbase US currently reports funding for 29 perpetual futures markets with a mean 8-hour-normalized rate of +0.66 bps.
The mean funding rate across 29 Coinbase US perpetual markets is +0.66 bps, equivalent to +7.3% annualized after normalizing each market to an 8-hour basis.
DFNSE has the highest current Coinbase US funding rate at +3.04 bps, or +33.3% annualized.
CHINA has the lowest current Coinbase US funding rate at -1.68 bps, or -18.4% annualized.
DFNSE has the largest absolute funding rate on Coinbase US at +3.04 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.
A positive normalized rate means longs pay shorts on that Coinbase US perpetual. A negative rate means shorts pay longs. The payment direction is market-specific and can differ across symbols on the same venue.
Top movers
Top 12 symbols by absolute 8h-normalized rate
Rate distribution
Symbol counts across funding rate buckets (8h bps)
Symbol ↑ | Name | Rate | Links |
|---|
| Aave | -1.3 | ||
| Cardano | 0.0 | ||
| Artificial Inu | 0.5 | ||
| Avalanche | 1.3 | ||
| Bitcoin Cash | 0.7 | ||
| BNB | 0.0 | ||
| Bitcoin | 0.2 | ||
CHINA | CHINA | -1.7 | |
DFNSE | DFNSE | 3.0 | |
| Dogecoin | 0.5 | ||
| Polkadot | 0.6 | ||
| Ethena | -1.0 | ||
| Ethereum | 0.4 | ||
| Hedera | 2.8 | ||
| Hyperliquid | 1.0 | ||
| Chainlink | 1.3 | ||
| Litecoin | 2.2 | ||
| NEAR Protocol | 2.2 | ||
| Ondo | 1.4 | ||
| PAX Gold | 1.9 | ||
| Pepe | 1.1 | ||
| Shiba Inu | -1.0 | ||
| Solana | -0.5 | ||
| Sui | 1.8 | ||
TECH | TECH | 0.2 | |
US 500 | US 500 | 1.4 | |
| Stellar | 0.5 | ||
| XRP | 0.4 | ||
| Zcash | -0.8 |