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EWT funding rate live

The open-interest-weighted EWT funding rate is -0.0584% per 8 hours (≈-64% APR) across 3 perpetual markets, so shorts pay longs. The highest rate is 0.0000% on Bybit (EWTUSDT) and the lowest -0.0691% on Hyperliquid (xyz:EWT), a spread of 0.0691% per 8h (≈76% APR). These markets hold $754K of open interest. Rates are converted to an 8-hour equivalent so exchanges with different funding intervals compare directly.

Tracking for ~3h Updates every 5 s EWT overview

Funding, 8hOI-weighted
-0.0584%
≈-64% APRshorts pay longs
HighestBybit
0.0000%
≈0% APREWTUSDT
LowestHyperliquid
-0.0691%
≈-76% APRxyz:EWT
Spread between exchanges
0.0691%
≈76% APRArbitrage →

EWT funding rate by exchange

8h equivalent · hover a rate for the exact APR
Market Funding 8h APR Who pays Open interest OI share 24h volume Price Trade
Hyperliquid xyz:EWT -0.0691% -76% Shorts pay $637K 84.5% $38K 115.30 Trade
Bybit EWTUSDT 0.0000% 0% Neither $101K 13.4% $12K 114.99 Trade
Htx EWT-USDT 0.0000% 0% Neither $16K 2.1% $2,856 114.79 Trade

Sorted by open interest. Exchanges settle funding every 1, 4 or 8 hours; every rate here is converted to 8 hours. Trade links go to the exchange and may be referral links. Compare every coin on the funding rates page.

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About the EWT funding rate

What is the EWT funding rate?

EWT 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 EWT; 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 EWT 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.