Which exchanges have the highest funding rates?

Funding rates vary constantly across exchanges and depend on market conditions. Major exchanges like Binance, Bybit, and OKX typically show funding rates between 0.01% and 0.1% per 8-hour period during normal markets, though they can spike during volatile conditions. Funding rates represent payments between traders with long and short positions—when rates are positive, longs pay shorts. Higher rates often appear on smaller exchanges or during extreme market sentiment. Always check real-time rates directly on your chosen exchange, as they fluctuate hourly. Positive rates favor short sellers, while negative rates favor long buyers. Compare rates across platforms before opening leveraged positions, as even small differences compound significantly over time.