Funding Rate Cost Calculator

Perpetual futures · Every 8 hours · Real cost of carry

Funding rates are charged every 8 hours on perpetual futures. A 0.01% rate on a $10,000 position costs $1 per period - or $3/day. Calculate exactly how much holding your position will cost before you open it.

Per 8-hour period

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Frequently Asked Questions

What is funding rate in crypto futures?

Funding rate is a periodic payment between long and short traders that keeps perpetual futures prices close to the spot price. Positive rate = longs pay shorts; negative rate = shorts pay longs.

How often is funding paid?

Most exchanges pay every 8 hours (3 times per day). Hyperliquid pays every hour. The amount = position size × funding rate.

Can I profit from funding rates?

Yes - if you hold a short position when funding is positive, you receive payments. This is called "funding farming." But price risk usually dominates funding income.

How do I calculate total funding cost over time?

Use the historical funding option in our Telegram app - it fetches actual historical rates since your entry date and sums the exact cost, rather than estimating with the current rate.