BTC vs BNB funding rate

Live cross-exchange perpetual funding rate comparison · auto-refresh 5 min

BTC

+3.39% APY
neutral
Venues tracked20
24h volume$55.53B
Spread (high − low)25.3%
Most positivehyperliquid +11%
Most negativedydx -14%

JSON for BTC

BNB

+6.00% APY
neutral
Venues tracked20
24h volume$0.53B
Spread (high − low)35.2%
Most positivederibit +33%
Most negativekraken -2%

JSON for BNB

BNB is paying 2.6% more APY than BTC across venues, meaning longs are paying more on BNB relative to BTC. Sentiment-wise, BNB is the more crowded long.

What this means

The annualized funding rate is the rate longs pay to shorts (positive) or shorts pay to longs (negative), extrapolated to a yearly basis. Positive funding ≈ leveraged longs are paying ≈ market is greedy. Negative funding ≈ leveraged shorts are paying ≈ market is fearful. Cross-venue average smooths out single-venue squeezes.

Both columns are computed from the same 5-minute snapshot across the 20 exchanges Funding Finder tracks. Data freshness is typically < 5 min. Numbers update on every page reload (auto-refresh every 5 min).

Other comparisons: BTC vs ETH · BTC vs SOL · ETH vs SOL · BTC vs BNB · BTC vs XRP