OPEN funding rates by exchange

The current funding rate for every OPEN perpetual we track, venue by venue, with 7-day and 30-day accumulated funding and the annualised rate. A positive rate means longs pay shorts.

Exchanges
10
Venue spread
0.03%
Pays most
Kraken
24h volume
$15.9M

Right now Kraken pays +0.0315% per settlement and Toobit pays +0.0013% — that gap is what a funding-arbitrage position captures.

Every venue listing OPEN is showing a positive rate right now, so longs are paying shorts across the board — the difference is only in how much.

Over the last 30 days the most OPEN funding accumulated on Kraken, at +4.28% — worth checking against the current rate, because the leader on accumulated funding is often not the leader today.

Click a column header to sort · use Columns to show or hide metrics

Exchange Contract Current rate APR 7d sum 30d sum 24h volume
Kraken OPEN-USDT +0.0315% +272.5% -1.12% +4.28% $34K
Gate.io OPEN-USDT +0.01% +7.3% +0.14% +0.89% $724K
BloFin OPEN-USDT +0.0053% +7.6% +0.21% +0.91% $13K
Bybit OPEN-USDT +0.005% +7.2% +0.21% +0.93% $1.3M
Binance OPEN-USDT +0.005% +7.3% +0.21% +0.90% $3.8M
Bitget OPEN-USDT +0.005% +7.1% +0.37% +1.05% $493K
Aster OPEN-USDT +0.005% +7.3% +0.22% +0.91% $8K
WEEX OPEN-USDT +0.005% +7.1% +0.21% +0.90% $0K
KuCoin OPEN-USDT +0.005% +7.1% +0.57% +1.26% $44K
Toobit OPEN-USDT +0.0013% -1.0% +0.04% +0.99% $9.4M

Rates come straight from exchange data and change at every settlement; APR annualises the current rate at the contract's own funding interval. Market data, not investment advice.

Other coins

Funding rates by coin →

Frequently asked questions

What is the OPEN funding rate right now?

OPEN funding currently ranges from +0.0315% on Kraken down to +0.0013% on Toobit per settlement — the table above lists every venue. A positive rate means long positions pay short positions at the next settlement; a negative rate means the reverse.

Which exchange pays the highest OPEN funding?

At the moment Kraken shows the highest OPEN funding rate. This changes at every settlement, so trust the live ranking above rather than any fixed answer.

How do you trade the OPEN funding difference?

You hold offsetting positions on two venues — long where funding is negative, short where it is positive — so price exposure cancels out and you collect the difference at each settlement. On OPEN that difference is currently 0.03% per settlement, before the trading fees on both legs.

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