BTC: Futures Funding Rate (30-Day Cumulative)
Shown as its 2–31 Oct 2026 sample; the latest readings and full history are included with Plus.
The funding a BTC perpetual long paid over the past 30 days, as a percentage of the position.
Why use it. Turns the funding rate into a cost a trader can feel: what a month of holding a leveraged long cost, or earned when negative. It is also the monthly return of the carry trade that holds spot and shorts the perpetual. How to read it. 1% means a long paid 1% of its size in funding over the month; negative values mean shorts paid longs. Compare with the futures basis to see which way of holding leverage is cheaper.
Calculation. Each 24-hour window's funding is the sum of the rates each perpetual settled in it (the share of a position a long paid), averaged over each venue's contracts and then over the venues, each venue once, as in Futures Perpetual Funding Rate (All); a contract counts when its settlements cover the whole 30 days. Kraken's inverse perpetuals are left out: the relative rate published for them is not on the scale of a rate per settlement. The daily value uses the 30 UTC days ending with the day; the hourly value re-reads the same 30 windows ending with each hour. Daily values reach back through each venue's history; hourly values start on 18 September 2026. The reading is the sum of the 30 windows. The open hour and day are partials. Source: each venue's public funding-rate history for its BTC perpetuals (Binance, Bybit, OKX, Deribit, Kraken, Bitget, Gate, Hyperliquid, KuCoin, HTX, Crypto.com, Coinbase International and Coinbase), collected by us. Each venue counts from where the history we hold from its public endpoint begins: Bybit from November 2018, Deribit from April 2019, KuCoin and Binance 2019, HTX 2020, Crypto.com 2021, OKX from September 2021, Hyperliquid 2023, and Kraken, Gate and Bitget only from late 2025 or 2026. Venues we do not collect are not included, so totals understate the whole market.