BTC vs ETH funding rate

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

BTC

+0.30% APY
neutral
Venues tracked20
24h volume$54.67B
Spread (high − low)27.6%
Most positivehyperliquid +11%
Most negativehtx -17%

JSON for BTC

ETH

+4.86% APY
neutral
Venues tracked20
24h volume$41.18B
Spread (high − low)19.2%
Most positivedydx +15%
Most negativewhitebit -5%

JSON for ETH

ETH is paying 4.6% more APY than BTC across venues, meaning longs are paying more on ETH relative to BTC. Sentiment-wise, ETH 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