Crypto Funding Rate Calculator

Estimate how much you'll pay or receive in funding fees

Position Value ($)

Funding Rate (%)

Leverage (X)

Position Side

LongShort

How to Use the Funding Rate Calculator

Select your position side – Long or Short.
Enter your position value – The total size of your trade.
Input the funding rate – As a percentage (e.g., 0.01 for 0.01%).
Set your leverage – Between 1x and 125x.
Click "Calculate" – See whether you'll pay or receive funding.

Funding Rate Rules:

Long positions: PAY when funding rate is positive, RECEIVE when negative
Short positions: PAY when funding rate is negative, RECEIVE when positive

Positive results mean you receive funding. Negative results mean you pay funding.

Frequently Asked Questions

What are crypto funding rates?

Funding rates are periodic payments between long and short traders in perpetual futures markets that help keep the contract price close to the spot price. They ensure the perpetual contract price doesn't deviate too far from the underlying asset's spot price.

How often are funding payments made?

Most exchanges like Binance, Bybit, and OKX charge funding fees every 8 hours (3 times daily) at 00:00, 08:00, and 16:00 UTC. However, some exchanges may have different schedules, so always check your specific exchange's funding rate page.

When do I pay funding vs receive funding?

Long positions pay funding when rates are positive and receive when negative. Short positions pay funding when rates are negative and receive when positive. The calculator automatically determines this based on your position side and the funding rate direction.

How is funding rate calculated by exchanges?

Funding Rate = Premium Index + clamp(Interest Rate - Premium Index, 0.05%, -0.05%). The Premium Index represents the difference between the mark price and spot price, while the Interest Rate is usually fixed. Exchanges use this formula to balance the market.

What is notional value?

Notional value is your total position size after applying leverage. It's calculated as Position Value × Leverage. This is the actual amount your funding payment is based on, not just your initial capital.

Can funding rates be negative?

Yes, funding rates can be negative. When rates are negative, long positions receive funding from short positions. This typically happens when the perpetual contract is trading below the spot price, indicating bearish sentiment.

How does leverage affect funding payments?

Leverage multiplies your funding payments proportionally. A 10x leverage means you'll pay or receive 10 times more funding compared to an unleveraged position of the same notional value. Higher leverage increases both potential profits and funding costs.

Is this calculator accurate for all exchanges?

Yes, the calculation method is standard across major exchanges including Binance, Bybit, OKX, and others. However, always verify with your specific exchange as some may have minor variations in calculation timing or fee structures.