Volume Monitor
Live crypto data · 8 exchanges
Connecting…

SYN funding rate live

The open-interest-weighted SYN funding rate is 0.0100% per 8 hours (≈11% APR) across 3 perpetual markets, so longs pay shorts. All 3 markets currently pay the same rate. These markets hold $9.96M of open interest. Rates are converted to an 8-hour equivalent so exchanges with different funding intervals compare directly. Funding is paid every 4 hours on Binance, MEXC and Bitget. The next payment is on Binance (SYNUSDT) at 20:00 UTC, in 14m, at a predicted 0.0050% for its 4h interval.

Tracking for ~6h Updates every 5 s SYN overview

Funding, 8hOI-weighted
0.0100%
≈11% APRlongs pay shorts
HighestBinance
0.0100%
≈11% APRSYNUSDT
LowestBinance
0.0100%
≈11% APRSYNUSDT
Spread between exchanges
0.0000%
≈0% APRArbitrage →

SYN funding rate by exchange

8h equivalent · hover a rate for the exact APR
Market Funding 8h APR Interval Next funding Settles in Who pays Open interest OI share 24h volume Price Trade
Binance SYNUSDT 0.0100% 11% 4h 0.0050% 14m Longs pay $7.27M 73.0% $5.00M 0.1815 Trade
MEXC SYN_USDT 0.0100% 11% 4h 0.0050% 14m Longs pay $1.75M 17.5% $811K 0.1815 Trade
Bitget SYNUSDT 0.0100% 11% 4h 0.0050% 14m Longs pay $944K 9.5% $411K 0.1817 Trade

Sorted by open interest. Exchanges settle funding every 1, 4 or 8 hours. Funding 8h and APR convert every rate to 8 hours so they compare directly; Next funding is the predicted payment for the market's own interval at its next settlement, which moves with the premium until then. Where an exchange publishes no settlement time (Hyperliquid, Gate), it is the next whole interval on the UTC clock, when those exchanges settle. Trade links go to the exchange and may be referral links. Compare every coin on the funding rates page.

SYN funding history

From recorded history, hourly

SYN funding has averaged 0.0100% per 8 hours since 13:15 UTC on 27 Sep (≈11% APR), positive in 100% of hourly readings, so longs mostly paid shorts.

SYN funding rate

OI-weighted, 8h

Chart: TradingView Lightweight Charts™

SYN funding rate by exchange

8h equivalent, per exchange

Chart: TradingView Lightweight Charts™

About the SYN funding rate

What is the SYN funding rate?

SYN perpetual futures never expire, so exchanges keep their price near spot with funding: a periodic payment between longs and shorts. When the perp trades above spot, the rate is positive and longs pay shorts; below spot it turns negative and shorts pay longs. The payment is a percentage of position size, charged every 1, 4 or 8 hours depending on the exchange.

How to read it

Binance and Bybit's default rate when the perp is in line with spot is 0.0100% per 8h (about 11% APR). Well above that means leveraged longs are paying up to hold SYN; negative means shorts are crowded. The APR column shows what holding a position costs or earns over a year at today's rate. A wide spread between exchanges is what funding arbitrage traders look for.

Why do exchanges show different rates?

Each exchange computes funding from its own order book and premium, so the SYN rate differs by venue, and intervals differ too. Volume Monitor converts every rate to an 8-hour equivalent and weights the headline figure by open interest. Rates update every few seconds from the exchanges' public feeds.

When is the next SYN funding payment?

Each market settles on its own schedule: the Interval and Settles in columns above show it per exchange. Only traders holding a position at the settlement time pay or receive. The Next funding column is the predicted payment for that interval: the rate the exchange currently shows, which keeps moving with the perp's premium until settlement, so the final figure can differ. The funding history below shows how the SYN rate has moved.