Funding Rate Data
Average funding rate by coin with exchange detail.
Funding rate by coin
Average of current rates across exchanges; detail lists the first six.
| # | Coin | Price | Average rate | Exchanges | Exchange detail |
|---|---|---|---|---|---|
| 1 |  BTCBitcoin |
$85,529.00 | -0.0062% | 34 | Deribit +0.0090% · Deribit +0.0029% · Kraken +0.0010% · Gate +0.0031% · Gate +0.0100% · edgeX +0.0050% |
| 2 |  ETHEthereum |
$2,698.34 | +0.0038% | 33 | Hyperliquid +0.0013% · dYdX -0.0002% · HTX +0.0100% · HTX +0.0100% · Deribit +0.0138% · Deribit +0.0097% |
| 3 |  DOGEDogecoin |
$0.0937 | +0.0109% | 32 | Coinbase +0.0005% · Deribit +0.0005% · edgeX -0.0050% · KuCoin +0.0100% · Gate +0.0100% · CoinEx +0.1692% |
| 4 |  LTCLitecoin |
$68.86 | +0.0004% | 32 | Deribit +0.0168% · HTX +0.0100% · Gate -0.0016% · Coinbase +0.0096% · CoinEx -0.2029% · Crypto.com +0.0022% |
| 5 |  XRP |
$1.50 | +0.0012% | 32 | LBank -0.0024% · KuCoin +0.0038% · Paradex +0.0002% · OKX -0.0013% · OKX -0.0016% · WhiteBIT +0.0100% |
| 6 |  ADACardano |
$0.2677 | +0.0086% | 31 | Bitget +0.0100% · Bitget +0.0100% · BitMEX -0.0150% · Aster +0.0100% · Binance -0.0069% · Binance -0.0052% |
| 7 |  LINKChainlink |
$13.95 | +0.0073% | 31 | HTX +0.0100% · CoinEx 0.0000% · KuCoin +0.0100% · dYdX +0.0004% · Hyperliquid +0.0013% · Gate +0.0016% |
| 8 |  SOLSolana |
$120.72 | -0.0125% | 31 | WhiteBIT +0.0004% · Paradex +0.0082% · OKX +0.0100% · OKX +0.0079% · MEXC +0.0100% · Lighter +0.0064% |
| 9 |  AVAXAvalanche |
$11.62 | +0.0021% | 30 | MEXC +0.0100% · LBank +0.0100% · WhiteBIT +0.0100% · OKX 0.0000% · OKX +0.0100% · Lighter +0.0096% |
| 10 |  DOTPolkadot |
$1.20 | -0.0036% | 30 | MEXC -0.0033% · LBank -0.0024% · WhiteBIT +0.0100% · OKX -0.0061% · Paradex -0.0015% · Lighter -0.0104% |
| 11 |  SUISui |
$1.18 | +0.0142% | 30 | OKX -0.0069% · OKX -0.0024% · LBank -0.0017% · MEXC -0.0015% · Paradex +0.0099% · WhiteBIT +0.0100% |
| 12 |  UNIUniswap |
$8.58 | +0.0003% | 30 | Paradex +0.0099% · OKX +0.0100% · OKX +0.0100% · KuCoin +0.0100% · WhiteBIT +0.0100% · Lighter +0.0096% |
| 13 |  AAVEAave |
$180.18 | -0.0081% | 29 | OKX +0.0068% · MEXC +0.0060% · LBank +0.0060% · Lighter +0.0096% · WhiteBIT +0.0052% · Paradex +0.0098% |
| 14 |  BCHBitcoin Cash |
$311.56 | -0.0164% | 29 | Binance +0.0100% · Aster +0.0100% · BingX +0.0100% · Binance +0.0100% · BitMEX +0.0100% · BitMEX +0.0100% |
| 15 |  NEARNEAR Protocol |
$5.06 | +0.0026% | 29 | Bitunix +0.0062% · Backpack +0.0027% · Binance +0.0100% · Binance +0.0049% · Aster +0.0100% · Bitfinex -0.0238% |
| 16 |  FILFilecoin |
$1.16 | +0.0053% | 28 | Bybit +0.0100% · Deribit +0.0005% · dYdX 0.0000% · Crypto.com -0.0009% · Coinbase +0.0746% · edgeX -0.0050% |
| 17 |  BNB |
$779.37 | -0.0308% | 27 | Lighter +0.0096% · LBank 0.0000% · MEXC 0.0000% · WhiteBIT +0.0100% · OKX -0.0016% · Paradex +0.0100% |
| 18 |  HYPEHyperliquid |
$91.87 | -0.0241% | 27 | Crypto.com -0.0008% · Gate +0.0050% · edgeX +0.0029% · Hyperliquid +0.0010% · HTX +0.0050% · CoinEx -0.7500% |
| 19 |  XLMStellar |
$0.2123 | +0.0037% | 27 | edgeX +0.0050% · Bybit +0.0100% · Bybit -0.0432% · Bitunix +0.0164% · dYdX 0.0000% · Hyperliquid +0.0013% |
| 20 |  APTAptos |
$0.8258 | +0.0109% | 26 | Paradex -0.0008% · OKX +0.0100% · Lighter +0.0096% · WhiteBIT +0.0100% · LBank +0.0061% · MEXC +0.0060% |
| 21 |  ARBArbitrum |
$0.2009 | -0.0147% | 26 | Gate +0.0074% · Kraken +0.0015% · edgeX -0.0050% · KuCoin +0.0100% · Deribit -0.0012% · Hyperliquid +0.0013% |
| 22 |  ETCEthereum Classic |
$8.84 | +0.0036% | 26 | BingX +0.0100% · Aster +0.0100% · Binance +0.0033% · Bitfinex 0.0000% · Bitget +0.0100% · Bitget +0.0100% |
| 23 |  SEISei |
$0.0720 | -0.0092% | 26 | Backpack -0.0013% · Binance -0.0025% · BingX +0.0100% · BitMEX +0.0100% · Aster +0.0100% · Bitfinex -0.0099% |
| 24 |  TRXTRON |
$0.3355 | -0.0133% | 26 | Lighter -0.0232% · MEXC -0.0212% · LBank -0.0209% · KuCoin -0.0066% · WhiteBIT -0.0065% · OKX -0.0167% |
| 25 |  WLDWorldcoin |
$0.5516 | +0.0011% | 26 | OKX +0.0079% · WhiteBIT +0.0100% · KuCoin +0.0021% · MEXC +0.0080% · Lighter +0.0096% · Paradex +0.0033% |
| 26 |  ENAEthena |
$0.2401 | -0.0105% | 25 | Bitunix +0.0050% · BingX +0.0050% · Backpack +0.0013% · Binance +0.0050% · Aster +0.0050% · Bitfinex -0.0134% |
| 27 |  ONDOOndo |
$0.4913 | +0.0279% | 25 | Deribit +0.0004% · edgeX +0.0050% · HTX +0.0050% · Crypto.com +0.0052% · CoinEx +0.5733% · dYdX 0.0000% |
| 28 |  OPOptimism |
$0.1305 | +0.0039% | 25 | CoinEx -0.0275% · edgeX -0.0050% · Gate +0.0100% · Coinbase +0.0893% · Hyperliquid +0.0013% · Kraken -0.0009% |
| 29 |  TAOBittensor |
$307.92 | +0.0365% | 25 | Bitunix +0.0050% · KuCoin +0.0050% · Kraken +0.0052% · dYdX +0.0000% · Bybit +0.0050% · Gate +0.0050% |
| 30 |  CRVCurve DAO |
$0.3599 | +0.0028% | 24 | Bitfinex 0.0000% · Bitget -0.0005% · Binance +0.0035% · BitMEX +0.0100% · Aster +0.0100% · Bitunix +0.0029% |
| 31 |  JUPJupiter |
$0.3522 | +0.0359% | 24 | Crypto.com +0.0016% · Coinbase +0.1184% · HTX -0.0551% · CoinEx +0.7631% · Gate +0.0050% · Kraken -0.0035% |
| 32 |  LDOLido DAO |
$0.4741 | -0.0059% | 24 | Crypto.com +0.0110% · Gate -0.0176% · Kraken +0.0022% · Coinbase -0.1282% · Deribit -0.0076% · edgeX +0.0050% |
| 33 |  TIACelestia |
$0.4896 | +0.0241% | 24 | Aster +0.0050% · Bitget +0.0050% · Binance -0.0018% · Backpack -0.0031% · BingX +0.0050% · Crypto.com -0.0152% |
| 34 |  WIFdogwifhat |
$0.2454 | -0.0149% | 24 | Bitget +0.0050% · BingX +0.0050% · Binance -0.0026% · Backpack -0.0066% · Aster +0.0005% · LBank -0.0026% |
| 35 |  ZECZcash |
$1,365.89 | +0.0137% | 24 | LBank +0.0069% · Paradex +0.0100% · WhiteBIT +0.0100% · Lighter +0.0096% · KuCoin +0.0100% · MEXC +0.0068% |
| 36 |  HBARHedera |
$0.0996 | +0.0141% | 23 | Backpack +0.0013% · Bitunix +0.0100% · Aster +0.0100% · Bitget +0.0100% · Binance +0.0100% · BingX +0.0100% |
| 37 |  ICPInternet Computer |
$3.39 | -0.0019% | 23 | Aster +0.0100% · BingX +0.0100% · Bitunix +0.0073% · Bitget +0.0100% · Bitfinex 0.0000% · Binance +0.0062% |
| 38 |  JTOJito |
$0.5450 | +0.0001% | 23 | WhiteBIT +0.0050% · Paradex +0.0047% · LBank -0.0031% · Lighter +0.0096% · MEXC -0.0030% · Bitunix -0.0011% |
| 39 |  PENDLEPendle |
$2.38 | +0.0081% | 23 | Kraken -0.0044% · KuCoin +0.0100% · dYdX 0.0000% · edgeX +0.0050% · Deribit +0.0046% · Crypto.com -0.0106% |
| 40 |  PENGUPudgy Penguins |
$0.009130 | +0.0268% | 23 | KuCoin -0.0002% · Deribit -0.0127% · Coinbase +0.1267% · HTX +0.1931% · Bybit -0.0044% · dYdX 0.0000% |
| 41 |  XPLPlasma |
$0.0896 | +0.0084% | 23 | Bitget +0.0050% · BingX +0.0050% · Backpack -0.0031% · Bitfinex -0.0029% · Aster +0.0050% · Binance -0.0024% |
| 42 |  ETHFIEther.fi |
$0.7793 | +0.0175% | 22 | Kraken -0.0024% · Crypto.com +0.0040% · Coinbase +0.1016% · edgeX +0.0050% · KuCoin +0.0050% · Hyperliquid +0.0013% |
| 43 |  FARTCOINFartcoin |
$0.1703 | -0.0316% | 22 | WhiteBIT +0.0050% · LBank +0.0050% · Lighter +0.0096% · Paradex +0.0100% · MEXC +0.0050% · Aster +0.0050% |
| 44 |  INJInjective |
$8.07 | +0.0065% | 22 | BingX +0.0117% · Bitfinex -0.0132% · Bitget +0.0100% · Binance -0.0042% · Bitunix -0.0009% · Aster +0.0100% |
| 45 |  PAXGPAX Gold |
$4,171.17 | +0.0031% | 22 | MEXC +0.0018% · LBank +0.0019% · Paradex +0.0100% · WhiteBIT +0.0050% · Lighter +0.0096% · BingX +0.0050% |
| 46 |  PYTHPyth Network |
$0.0758 | +0.0281% | 22 | WhiteBIT +0.0050% · MEXC +0.0027% · Paradex +0.0022% · LBank +0.0026% · Lighter +0.0096% · BingX +0.0050% |
| 47 |  ZROLayerZero |
$2.25 | -0.0109% | 22 | Binance +0.0050% · Aster +0.0050% · Bitfinex -0.0162% · Bitget +0.0050% · BingX +0.0022% · Backpack -0.0012% |
| 48 |  APEApeCoin |
$0.1578 | +0.0455% | 21 | MEXC +0.0100% · WhiteBIT +0.0100% · LBank +0.0100% · Coinbase +0.1257% · dYdX 0.0000% · CoinEx +0.7281% |
| 49 |  ASTERAster |
$0.7357 | +0.0129% | 21 | Lighter +0.0096% · Paradex +0.0099% · MEXC +0.0050% · WhiteBIT +0.0050% · LBank +0.0050% · Kraken +0.0014% |
| 50 |  ATOMCosmos Hub |
$1.78 | -0.0300% | 21 | Bitget +0.0100% · Binance +0.0066% · BingX +0.0100% · Aster +0.0100% · Bitunix +0.0066% · MEXC +0.0066% |
| 51 | AVNT | — | +0.0176% | 21 | BingX +0.0050% · Binance +0.0050% · Bitunix +0.0050% · Bitget +0.0050% · Aster +0.0050% · Backpack +0.0013% |
| 52 |  AXSAxie Infinity |
$1.25 | +0.0249% | 21 | LBank +0.0050% · Lighter +0.0096% · Paradex +0.0036% · WhiteBIT +0.0050% · MEXC +0.0050% · Aster +0.0050% |
| 53 | BERA | — | +0.0096% | 21 | LBank +0.0050% · WhiteBIT +0.0050% · MEXC +0.0050% · Lighter +0.0096% · Paradex +0.0031% · Binance +0.0050% |
| 54 |  DYDXdYdX |
$0.1432 | -0.0098% | 21 | Binance +0.0100% · Bitget +0.0100% · BingX +0.0100% · Aster +0.0100% · Bitunix +0.0100% · WhiteBIT +0.0100% |
| 55 |  POLPOL (ex-MATIC) |
$0.1076 | +0.0023% | 21 | Lighter +0.0096% · WhiteBIT +0.0050% · LBank -0.0027% · MEXC -0.0026% · Aster -0.0003% · Binance -0.0026% |
| 56 |  STRKStarknet |
$0.0515 | +0.0145% | 21 | WhiteBIT +0.0050% · LBank +0.0050% · Lighter +0.0096% · MEXC +0.0050% · Paradex +0.0100% · Kraken +0.0032% |
| 57 |  VIRTUALVirtuals Protocol |
$0.8056 | -0.0038% | 21 | BingX +0.0050% · Bitget +0.0050% · Aster +0.0043% · Backpack +0.0013% · Binance -0.0007% · Deribit -0.0018% |
| 58 |  WLFIWorld Liberty Financial |
$0.0563 | +0.0178% | 21 | Hyperliquid +0.0013% · Gate +0.0050% · Bitunix +0.0050% · Crypto.com +0.0038% · Kraken +0.0013% · edgeX +0.0050% |
| 59 |  ALGOAlgorand |
$0.1235 | +0.0056% | 20 | Bitunix +0.0003% · Bitget +0.0100% · Binance -0.0002% · Aster +0.0100% · BingX +0.0100% · dYdX +0.0012% |
| 60 |  EIGENEigenCloud (prev. EigenLayer) |
$0.2525 | +0.0086% | 20 | Bitget +0.0050% · BingX +0.0050% · Aster +0.0045% · Bitunix +0.0029% · Binance +0.0037% · edgeX +0.0050% |
| 61 | KAITO | — | +0.0133% | 20 | Bybit -0.0198% · edgeX -0.0050% · Kraken -0.0100% · Gate +0.0050% · KuCoin +0.0050% · Hyperliquid +0.0013% |
| 62 |  PUMPPump.fun |
$0.006159 | +0.0194% | 20 | Aster +0.0050% · Bitunix 0.0000% · Backpack +0.0013% · Binance -0.0014% · Bitget +0.0050% · BingX +0.0050% |
| 63 |  TRUMPOfficial Trump |
$2.01 | -0.0463% | 20 | Backpack +0.0013% · Binance -0.0196% · Aster +0.0027% · Bitget +0.0050% · WhiteBIT +0.0050% · Lighter -0.0184% |
| 64 |  XMRMonero |
$558.88 | +0.0303% | 20 | BingX +0.0324% · Aster +0.0100% · BitMEX +0.0100% · Bitget +0.0100% · Binance +0.0100% · Backpack +0.0021% |
| 65 |  2ZDoubleZero |
$0.0415 | +0.0333% | 19 | Gate -0.0154% · Crypto.com -0.0053% · CoinEx +0.2602% · edgeX 0.0000% · Coinbase +0.0083% · Kraken +0.5061% |
| 66 |  COMPCompound |
$24.32 | +0.0053% | 19 | Bitget +0.0100% · Bitfinex 0.0000% · Binance +0.0100% · Bitunix +0.0100% · BingX +0.0100% · Hyperliquid +0.0013% |
| 67 |  FETArtificial Superintelligence Alliance |
$0.2393 | -0.2787% | 19 | KuCoin +0.0100% · Gate +0.0075% · Deribit -0.0663% · Coinbase +0.1180% · Kraken -0.0003% · Hyperliquid +0.0013% |
| 68 |  LITLighter |
$3.79 | -0.0073% | 19 | Backpack +0.0013% · Aster +0.0163% · Binance +0.0050% · Bitunix 0.0000% · Bitget +0.0050% · WhiteBIT +0.0050% |
| 69 |  MONMonad |
$0.0284 | +0.0017% | 19 | Paradex +0.0023% · Lighter +0.0096% · LBank +0.0021% · WhiteBIT +0.0050% · Bitget +0.0050% · Backpack +0.0013% |
| 70 |  MORPHOMorpho |
$2.69 | +0.0086% | 19 | dYdX 0.0000% · Gate +0.0050% · KuCoin +0.0050% · Hyperliquid +0.0013% · Bybit +0.0050% · Deribit -0.0147% |
| 71 |  SSonic |
$0.0436 | +0.0376% | 19 | Binance -0.0047% · BingX +0.0050% · Aster -0.0032% · Backpack +0.0013% · Bitget +0.0050% · KuCoin +0.0011% |
| 72 | BOME | — | -0.0346% | 18 | CoinEx -0.5659% · Kraken -0.0055% · HTX +0.0050% · Crypto.com -0.0028% · Bybit +0.0050% · Deribit -0.0010% |
| 73 |  CFXConflux |
$0.0544 | +0.0272% | 18 | Bitget +0.0100% · BingX +0.0100% · Binance +0.0100% · Aster +0.0100% · Bitunix +0.0100% · Crypto.com +0.0181% |
| 74 |  CHIPUSD.AI |
$0.0543 | -0.0140% | 18 | LBank -0.0048% · WhiteBIT +0.0050% · MEXC -0.0049% · Lighter +0.0096% · Coinbase +0.1295% · CoinEx -0.3705% |
| 75 |  DASHDash |
$55.78 | +0.0156% | 18 | Binance +0.0037% · BingX +0.0100% · Aster +0.0100% · Bitget +0.0100% · Bitunix +0.0044% · Lighter +0.0096% |
| 76 |  GRAMGram (prev. Toncoin) |
$1.52 | -0.0365% | 18 | Paradex +0.0100% · MEXC +0.0050% · Lighter +0.0216% · WhiteBIT +0.0050% · LBank +0.0050% · Bitunix +0.0050% |
| 77 |  GRASSGrass |
$0.6634 | -0.2160% | 18 | Bitget +0.0050% · BingX +0.0092% · Aster +0.0148% · Bitunix +0.0100% · Binance +0.0069% · MEXC +0.0069% |
| 78 | MEGA | — | -0.0026% | 18 | Lighter +0.0096% · MEXC +0.0050% · LBank +0.0050% · WhiteBIT +0.0050% · BingX +0.0050% · Backpack -0.0090% |
| 79 | ORDI | — | +0.0094% | 18 | LBank +0.0050% · MEXC +0.0050% · WhiteBIT +0.0050% · KuCoin +0.0050% · Gate -0.0153% · edgeX +0.0050% |
| 80 |  PEPEPepe |
$0.000004 | -0.0031% | 18 | Backpack +0.0013% · Bitfinex -0.0053% · Bitget -0.0222% · BitMEX +0.0100% · BitMEX +0.0100% · Crypto.com +0.0078% |
| 81 | PNUT | — | +0.0310% | 18 | MEXC +0.0050% · WhiteBIT +0.0050% · LBank +0.0050% · Coinbase +0.1286% · KuCoin +0.0050% · Hyperliquid +0.0013% |
| 82 | POPCAT | — | +0.0309% | 18 | Bitget +0.0050% · BingX +0.0050% · Bitunix +0.0050% · Binance +0.0050% · Coinbase -0.0026% · CoinEx +0.4850% |
| 83 |  RENDERRender |
$2.14 | +0.0037% | 18 | BingX +0.0050% · Bitget +0.0050% · Aster +0.0050% · Binance +0.0050% · Bitunix +0.0100% · Coinbase +0.0298% |
| 84 |  VVVVenice Token |
$27.06 | -0.0048% | 18 | Binance +0.0050% · Backpack +0.0013% · Aster +0.0050% · Bitget +0.0050% · BingX +0.0050% · Lighter +0.0096% |
| 85 | W | — | +0.0290% | 18 | Coinbase -0.0320% · Deribit +0.0018% · Bybit +0.0050% · CoinEx +0.5111% · dYdX 0.0000% · Bitunix +0.0050% |
| 86 | ZORA | — | +0.0338% | 18 | MEXC +0.0050% · WhiteBIT +0.0050% · Lighter +0.0096% · LBank +0.0050% · KuCoin +0.0050% · BingX +0.0050% |
| 87 |  AEROAerodrome Finance |
$0.8054 | +0.0077% | 17 | MEXC +0.0050% · Lighter +0.0096% · WhiteBIT +0.0127% · LBank +0.0050% · BingX +0.0050% · Binance +0.0050% |
| 88 | BLUR | — | +0.0262% | 17 | Bybit -0.0368% · dYdX 0.0000% · Hyperliquid +0.0013% · Kraken +0.5063% · KuCoin +0.0050% · Coinbase -0.0026% |
| 89 |  CHZChiliz |
$0.0166 | -0.0405% | 17 | WhiteBIT +0.0100% · LBank +0.0100% · MEXC +0.0100% · Binance +0.0100% · BingX +0.0100% · Bitunix +0.0100% |
| 90 | DRAM | — | +0.0184% | 17 | LBank +0.0073% · WhiteBIT +0.0125% · tradeXYZ +0.0020% · Paradex +0.0096% · Lighter +0.0120% · MEXC +0.0249% |
| 91 |  ENSEthereum Name Service |
$6.75 | +0.0077% | 17 | MEXC +0.0100% · WhiteBIT +0.0100% · LBank +0.0100% · Gate +0.0100% · dYdX 0.0000% · Hyperliquid +0.0013% |
| 92 | EWY | — | +0.0050% | 17 | KuCoin 0.0000% · Bybit +0.0104% · Gate +0.0050% · HTX 0.0000% · Coinbase +0.0003% · Crypto.com +0.0069% |
| 93 |  GALA |
$0.002424 | -0.0482% | 17 | Bitfinex -0.0804% · Bitget +0.0100% · Aster +0.0100% · Binance +0.0034% · BingX +0.0100% · Bitunix +0.0050% |
| 94 | INTC | — | +0.0199% | 17 | LBank +0.0297% · Lighter +0.0032% · tradeXYZ +0.0023% · Paradex +0.0123% · WhiteBIT +0.0362% · Binance +0.0302% |
| 95 | LINEA | — | +0.0463% | 17 | Bitget +0.0050% · Backpack +0.0026% · BingX +0.0050% · Binance +0.0050% · Aster +0.0050% · Bitunix +0.0050% |
| 96 | MOVE | — | -0.0045% | 17 | KuCoin +0.0050% · CoinEx 0.0000% · edgeX +0.0050% · Hyperliquid -0.0022% · Crypto.com -0.0204% · dYdX 0.0000% |
| 97 | MSFT | — | +0.0006% | 17 | Paradex +0.0050% · LBank 0.0000% · Lighter +0.0032% · WhiteBIT -0.0100% · tradeXYZ +0.0006% · Binance 0.0000% |
| 98 | NVDA | — | +0.0046% | 17 | WhiteBIT +0.0100% · Paradex +0.0055% · tradeXYZ +0.0006% · LBank +0.0110% · Lighter +0.0032% · Binance +0.0112% |
| 99 | PEOPLE | — | +0.0019% | 17 | Binance +0.0100% · Bitget +0.0100% · Bitunix +0.0100% · BingX +0.0100% · Aster +0.0100% · MEXC +0.0100% |
| 100 |  QNTQuant |
$264.62 | -0.0162% | 17 | Kraken +0.0048% · KuCoin +0.0100% · HTX +0.0100% · Gate +0.0100% · Bybit +0.0100% · CoinEx -0.3988% |
Source: on-site data endpoint, fetched at the same moment as this page.
BTC funding rate
Average rate across exchanges (%).
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ETH funding rate
Average rate across exchanges (%).
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FAQ
What is the funding rate?
The funding rate is a periodic payment between longs and shorts on perpetual futures that keeps the contract price close to spot. When positive, longs pay shorts; when negative, shorts pay longs.
What does a very high funding rate mean?
A persistently high positive rate usually means crowded, leveraged longs that are vulnerable to liquidation on a pullback; a persistently negative rate means the reverse.