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COW Funding Rate and Open Interest on Binance

Live Binance COW 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 COW on every exchange tracked here.

Binance has $2.44M of COW perpetual open interest, 54.8% of the $4.45M across the 6 exchanges listing COW perps here (#1). COW funding on Binance is -0.3744% per 8 hours (≈-410% APR), settled every 4 hours at -0.1872% per payment, above the OI-weighted average of -0.3822% across exchanges. Binance COW open interest changed -1.07% over the last 4h. $3,697 of Binance COW positions were liquidated over the last 9 hours, 97.4% of it longs.

#1 of 6 by COW OI1 perp, 2 spotAs of 21:53 UTC

Perp priceCOWUSDT
0.1598
vol $20.26M
Open interest#1 of 6
$2.44M
54.8% of COW OI-1.07% 4h
Funding8h
-0.3744%
≈-410% APRpaid every 4 hours · -0.1872%
Spot priceCOWUSDT
0.1605
vol $4.82M

Binance COW liquidations · last 9 hours

All liquidations →
Total
$3,697
5 liquidations
Longs
$3,601
97.4%
Shorts
$96
2.6%

Liquidations have been collected for 9 hours so far; the window grows to 24 hours.

COW markets on Binance

1 perp · 2 spot
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
COWUSDT perp0.1598$20.26M$2.44M—-0.3744%≈-410% APR4 hours · -0.1872%Trade ↗
COWUSDT spot0.1605$4.65M—————Trade ↗
COWUSDC spot0.1601$175K—————Trade ↗

COW funding on Binance

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

COW open interest on Binance

USD, this exchange only

Chart: TradingView Lightweight Charts™

COW on every exchange

COW funding, all exchanges →
# Exchange Open interest Share Funding / 8h APR Perp vol 24h
1Binance$2.44M54.8%-0.3744%≈-410% APR$20.26M
2Bybit$698K15.7%-0.4404%≈-482% APR$5.92M
3MEXC$571K12.8%-0.3742%≈-410% APR$387K
4Bitget$398K8.9%-0.3138%≈-344% APR$2.46M
5KuCoin$246K5.5%-0.4044%≈-443% APR$264K
6Gate$99K2.2%-0.4276%≈-468% APR$812K

How it's counted. Open interest is the USD value of open COW 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.

COW on Binance FAQ

What is the COW funding rate on Binance?

The rate at the top of this page is Binance's live COW perpetual funding rate, shown per 8 hours (-0.3744%) so it compares directly with other exchanges, and per payment (-0.1872% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Binance only.

How often does Binance pay COW funding?

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

How much COW open interest is on Binance?

$2.44M open COW 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.