BTC: Futures Funding Paid (All Assets)

Shown as its 2–31 Oct 2026 sample; the latest readings and full history are included with Plus.

Funding paid between perpetual longs and shorts across every coin we cover, in USD per period: positive when longs paid shorts.

Why use it. The market-wide bill for holding leverage. Days when longs pay tens of millions are days the whole market leans long; a turn to shorts paying shows the crowd flipping. How to read it. Above zero, longs paid; below zero, shorts paid. Most venues settle at 00:00, 08:00 and 16:00 UTC, so hourly bars peak at those hours; the daily total is the clearer read.

Calculation. The sum over the coins of each coin's Futures Funding Paid: for every settlement of a perpetual's funding in the period: the settled rate as the venue published it (for the interval that settlement covers) x the contract's open interest in USD at the settlement, from our last minute sample at or before it and at most ten minutes old (one side of the positions; linear contracts at the mark price, inverse contracts at their USD face value). A settlement without such a sample is left out. A positive rate means longs paid shorts. Deribit is left out because from 10 November 2026 it publishes its open interest eight hours late; Bitfinex because we do not hold its settlement record; Kraken's inverse perpetuals because the relative rate published for them is not on the scale of a rate per settlement. Source: our own minute-by-minute collection of public futures data across every coin with perpetual futures that CryptoKeyhole covers, from Binance, Bybit, OKX, Deribit, Kraken, Bitfinex, Bitget, Gate, Hyperliquid, KuCoin, HTX, Crypto.com and Coinbase (open interest, funding, and the public liquidation feeds we collect), and our own USD price indexes. Each coin counts with the same values its own charts show. The series start on 24 October 2026, the first day our collection held every coin's open interest, funding, liquidations and price; a coin added later joins on the day its collection begins. A period appears once nine in ten of the coins have published it, so the open hour can trail by a few minutes. Venues we do not collect are not included, so totals understate the whole market.