JOE 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 JOEUSDT | 0.0100% | 11% | 8h | 0.0100% | 2h 40m | Longs pay | $1.59M | 63.8% | $1.44M | 0.04083 | Trade |
| Bitget JOEUSDT | 0.0100% | 11% | 8h | 0.0100% | 2h 40m | Longs pay | $325K | 13.1% | $104K | 0.04077 | Trade |
| MEXC JOE_USDT | 0.0100% | 11% | 8h | 0.0100% | 2h 40m | Longs pay | $320K | 12.9% | $115K | 0.04078 | Trade |
| KuCoin JOEUSDTM | 0.0100% | 11% | 8h | 0.0100% | 2h 40m | Longs pay | $221K | 8.9% | $7,584 | 0.04072 | Trade |
| Gate JOE_USDT | 0.0100% | 11% | 8h | 0.0100% | 2h 40m | Longs pay | $35K | 1.4% | $5,202 | 0.04070 | 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.
JOE funding history
From recorded history, hourlyJOE 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.
JOE funding rate
OI-weighted, 8hNot recorded Chart: TradingView Lightweight Charts™
JOE funding rate by exchange
8h equivalent, per exchangeNot recorded Chart: TradingView Lightweight Charts™
About the JOE funding rate
What is the JOE funding rate?
JOE 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 JOE; 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 JOE 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 JOE 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 JOE rate has moved.