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W Funding Rate and Open Interest on Binance

Live Binance W markets from Binance's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Binance only; the table below compares W on every exchange tracked here.

Binance has $7.88M of W perpetual open interest, 31.2% of the $25.23M across the 7 exchanges listing W perps here (#1). W funding on Binance is 0.0100% per 8 hours (≈11% APR), settled every 4 hours at 0.0050% per payment, above the OI-weighted average of 0.0097% across exchanges. Binance W open interest changed +7.07% over the last 4h. $140K of Binance W positions were liquidated over the last 10 hours, 44.3% of it longs.

#1 of 7 by W OI1 perp, 2 spotAs of 23:04 UTC

Perp priceWUSDT
0.01569
vol $82.64M
Open interest#1 of 7
$7.88M
31.2% of W OI+7.07% 4h
Funding8h
0.0100%
≈11% APRpaid every 4 hours · 0.0050%
Spot priceWUSDT
0.01570
vol $18.61M

Binance W liquidations · last 10 hours

All liquidations →
Total
$140K
267 liquidations
Longs
$62K
44.3%
Shorts
$78K
55.7%

Liquidations have been collected for 10 hours so far; the window grows to 24 hours.

W markets on Binance

1 perp · 2 spot
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
WUSDT perp0.01569$82.64M$7.88M—0.0100%≈11% APR4 hours · 0.0050%Trade ↗
WUSDT spot0.01570$17.38M—————Trade ↗
WUSDC spot0.01570$1.23M—————Trade ↗

W funding on Binance

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

W open interest on Binance

USD, this exchange only

Chart: TradingView Lightweight Charts™

W on every exchange

W funding, all exchanges →
# Exchange Open interest Share Funding / 8h APR Perp vol 24h
1Binance$7.88M31.2%0.0100%≈11% APR$82.64M
2MEXC$6.07M24.0%0.0100%≈11% APR$3.53M
3Hyperliquid$5.65M22.4%0.0100%≈11% APR$7.88M
4Bybit$3.14M12.5%0.0100%≈11% APR$20.86M
5Bitget$1.65M6.6%0.0100%≈11% APR$5.87M
6KuCoin$474K1.9%0.0100%≈11% APR$1.14M
7Gate$357K1.4%-0.0078%≈-9% APR$3.12M

How it's counted. Open interest is the USD value of open W perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the rate actually paid each settlement. HIP-3 markets that share the ticker are left out. Coverage: Liquidations sampled: Binance publishes at most one per symbol per second.

W on Binance FAQ

What is the W funding rate on Binance?

The rate at the top of this page is Binance's live W perpetual funding rate, shown per 8 hours (0.0100%) so it compares directly with other exchanges, and per payment (0.0050% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Binance only.

How often does Binance pay W funding?

Binance settles W funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.

How much W open interest is on Binance?

$7.88M open W perpetual positions on Binance, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.

Where does the data come from?

Binance's public market-data API, read live by this site. Nothing here comes from paid data vendors.